WK Q3 2023 Earnings — Workiva Inc. Revenue & Financial Results | Market Cap Arena

WKWorkiva Inc.

$4B

Q3 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$158M+19.1% YoY

Gross Profit

$120M75.8% margin

Operating Income

-$16M-9.8% margin

Net Income

-$56M-35.6% margin

EPS (Diluted)

$-1.04

QoQ Revenue Growth

+2.0%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

$14M

Stock-Based Comp.

$19M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$1.3B

Stockholders' Equity

-$114M

Cash & Equivalents

$405M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$158M	$133M	+19.1%
Gross Profit	$120M	$100M	+19.3%
Operating Income	-$16M	-$30M	+48.5%
Net Income	-$56M	-$30M	-89.5%

Revenue Segments

License and Service

$143M91%

XBRL Professional Services

$12M7%

Other Services

$3M2%