Filing Flows › Workiva (WK) › Q2 2026 › vs Q1 2026
Workiva (WK) Q2 2026 vs Q1 2026 (quarter over quarter)
Workiva's revenue rose $8.0M (+3%) from $247M in Q1 2026 to $255M in Q2 2026. The biggest changes: Subscription and support +$10.9M (+5%); Professional services −$3.0M (-13%). Gross margin 80.4% against 80.4% (+0.0 pts).
Workiva, Q2 2026: revenue $255M (+19% year over year), operating margin 4.6%, net earnings $13.4M, operating cash flow $78.3M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 80.4% | 80.4% | +0.0 pts |
| Operating margin | 4.6% | 6.2% | -1.6 pts |
| Net margin | 5.3% | 7.7% | -2.4 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Subscription and support | $236M | $225M | $10.9M | +5% |
| Professional services | $19.0M | $22.0M | −$3.0M | -13% |
| Revenue | $255M | $247M | $8.0M | +3% |
| Gross profit | $205M | $199M | $6.5M | +3% |
| Cost of revenue | $50.0M | $48.5M | $1.5M | +3% |
| Other income, net | $5.1M | $5.3M | −$224K | -4% |
| Operating profit | $11.7M | $15.3M | −$3.7M | -24% |
| Operating expenses | $194M | $183M | $10.2M | +6% |
| Pre-tax earnings | $16.8M | $20.6M | −$3.9M | -19% |
| Research & development | $57.5M | $52.9M | $4.6M | +9% |
| Sales & marketing | $109M | $104M | $4.5M | +4% |
| General & admin | $27.1M | $26.0M | $1.0M | +4% |
| Net earnings | $13.4M | $19.0M | −$5.6M | -29% |
| Income tax | $3.3M | $1.6M | $1.7M | +103% |
| Depreciation & amortization | $2.9M | $2.5M | $409K | +16% |
| Share-based compensation | $29.8M | $28.6M | $1.1M | +4% |
| Working capital & other | $32.2M | −$23.6M | $55.8M | — |
| Operating cash flow | $78.3M | $26.5M | $51.8M | +196% |
Questions
How much did Workiva's revenue grow quarter over quarter in Q2 2026?
Workiva's revenue rose $8.0M (+3%) from $247M in Q1 2026 to $255M in Q2 2026.
What drove Workiva's revenue change in Q2 2026?
Subscription and support +$10.9M (+5%); Professional services −$3.0M (-13%).