WK Q3 2020 Earnings — Workiva Inc. Revenue & Financial Results | Market Cap Arena

WKWorkiva Inc.

$3B

Q3 2020 Earnings

Technology Software - Application

Income Statement

Revenue

$88M+18.8% YoY

Gross Profit

$66M75.2% margin

Operating Income

-$7M-7.8% margin

Net Income

-$10M-11.8% margin

EPS (Diluted)

$-0.21

QoQ Revenue Growth

+5.1%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

$7M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$688M

Total Liabilities

$608M

Stockholders' Equity

$79M

Cash & Equivalents

$426M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$88M	$74M	+18.8%
Gross Profit	$66M	$52M	+26.3%
Operating Income	-$7M	-$15M	+55.6%
Net Income	-$10M	-$16M	+35.5%

Revenue Segments

License and Service

$76M86%

XBRL Professional Services

$8M9%

Other Services

$4M5%