Filing Flows › Workiva (WK) › Q2 2026 › vs Q2 2025
Workiva (WK) Q2 2026 vs Q2 2025 (year over year)
Workiva's revenue rose $40.1M (+19%) from $215M in Q2 2025 to $255M in Q2 2026. The biggest changes: Subscription and support +$38.1M (+19%); Professional services +$2.0M (+12%). Gross margin 80.4% against 77.0% (+3.4 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 80.4% | 77.0% | +3.4 pts |
| Operating margin | 4.6% | -10.3% | +14.9 pts |
| Net margin | 5.3% | -9.0% | +14.3 pts |
| Free cash flow margin | 30.5% | 22.9% | +7.6 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Subscription and support | $236M | $198M | $38.1M | +19% |
| Professional services | $19.0M | $17.0M | $2.0M | +12% |
| Revenue | $255M | $215M | $40.1M | +19% |
| Gross profit | $205M | $166M | $39.6M | +24% |
| Cost of revenue | $50.0M | $49.5M | $480K | +1% |
| Other income, net | $5.1M | $4.4M | $669K | +15% |
| Operating profit | $11.7M | −$22.1M | $33.8M | — |
| Operating expenses | $194M | $188M | $5.8M | +3% |
| Pre-tax earnings | $16.8M | −$17.7M | $34.5M | — |
| Research & development | $57.5M | $54.8M | $2.7M | +5% |
| Sales & marketing | $109M | $104M | $5.0M | +5% |
| General & admin | $27.1M | $28.9M | −$1.8M | -6% |
| Net earnings | $13.4M | −$19.4M | $32.8M | — |
| Income tax | $3.3M | $1.7M | $1.6M | +99% |
| Depreciation & amortization | $2.9M | $2.9M | −$24K | -0.8% |
| Share-based compensation | $29.8M | $28.5M | $1.3M | +5% |
| Working capital & other | $32.2M | $38.3M | −$6.1M | -16% |
| Operating cash flow | $78.3M | $50.3M | $28.0M | +56% |
| Free cash flow (company-reported) | $78.0M | $49.3M | $28.7M | +58% |
| Purchase of property and equipment | $332K | $995K | −$663K | -67% |
Questions
How much did Workiva's revenue grow year over year in Q2 2026?
Workiva's revenue rose $40.1M (+19%) from $215M in Q2 2025 to $255M in Q2 2026.
What drove Workiva's revenue change in Q2 2026?
Subscription and support +$38.1M (+19%); Professional services +$2.0M (+12%).