WK Q1 2024 Earnings — Workiva Inc. Revenue & Financial Results | Market Cap Arena

WKWorkiva Inc.

$4B

Q1 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$176M+17.0% YoY

Gross Profit

$134M76.4% margin

Operating Income

-$18M-10.4% margin

Net Income

-$12M-6.7% margin

EPS (Diluted)

$-0.21

QoQ Revenue Growth

+5.4%

Cash Flow

Operating Cash Flow

$25M

Free Cash Flow

$25M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$1.3B

Stockholders' Equity

-$83M

Cash & Equivalents

$296M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$176M	$150M	+17.0%
Gross Profit	$134M	$112M	+20.1%
Operating Income	-$18M	-$47M	+61.0%
Net Income	-$12M	-$46M	+74.7%

Revenue Segments

License and Service

$155M88%

XBRL Professional Services

$18M10%

Other Services

$3M2%