WK Q2 2023 Earnings — Workiva Inc. Revenue & Financial Results | Market Cap Arena

WKWorkiva Inc.

$4B

Q2 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$155M+17.8% YoY

Gross Profit

$116M74.5% margin

Operating Income

-$23M-14.6% margin

Net Income

-$21M-13.5% margin

EPS (Diluted)

$-0.39

QoQ Revenue Growth

+3.2%

Cash Flow

Operating Cash Flow

$26M

Free Cash Flow

$25M

Stock-Based Comp.

$21M

Balance Sheet

Total Assets

$831M

Total Liabilities

$831M

Stockholders' Equity

$157,000

Cash & Equivalents

$199M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$155M	$132M	+17.8%
Gross Profit	$116M	$99M	+16.3%
Operating Income	-$23M	-$28M	+19.5%
Net Income	-$21M	-$29M	+27.5%

Revenue Segments

License and Service

$137M88%

XBRL Professional Services

$14M9%

Other Services

$4M2%