WK Q2 2024 Earnings — Workiva Inc. Revenue & Financial Results | Market Cap Arena

WKWorkiva Inc.

$4B

Q2 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$178M+14.5% YoY

Gross Profit

$136M76.8% margin

Operating Income

-$23M-13.0% margin

Net Income

-$18M-9.9% margin

EPS (Diluted)

$-0.32

QoQ Revenue Growth

+1.0%

Cash Flow

Operating Cash Flow

-$14,000

Free Cash Flow

-$163,000

Stock-Based Comp.

$25M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$1.3B

Stockholders' Equity

-$78M

Cash & Equivalents

$268M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$178M	$155M	+14.5%
Gross Profit	$136M	$116M	+18.0%
Operating Income	-$23M	-$23M	-2.0%
Net Income	-$18M	-$21M	+16.1%

Revenue Segments

License and Service

$161M91%

XBRL Professional Services

$14M8%

Other Services

$3M2%