Filing Flows

Filing Flows › Workiva (WK) › Q2 2026

Workiva (WK) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 4, 2026

Workiva (WK) reported revenue of $255M for the second quarter 2026 (Q2 2026), +19% from a year earlier and +3% from the quarter before. Operating margin was 4.6%, net earnings $13.4M (5.3% of revenue).

Revenue$255M
Year over year+19%
Quarter over quarter+3%
Operating margin4.6%
Net earnings$13.4M

Workiva, Q2 2026: revenue $255M (+19% year over year), operating margin 4.6%, net earnings $13.4M, operating cash flow $78.3M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$255M+3%+19%
Gross profit$205M+3%+24%
Operating profit$11.7M-24%—
Net earnings$13.4M-29%—
Operating cash flow$78.3M+196%+56%
Free cash flow$78.0M—+58%

What changed

Revenue was $255.3M in Q2 2026, up 19% year over year and up 3% from the previous quarter. Subscription and support was the largest line at 93% of revenue. Subscription and support added $38.1M year over year (up 19%), 95% of the total change.

Gross margin was 80.4%, up 3.4 points from Q2 2025. Operating profit was $11.7M, a 4.6% margin (up 14.9 points year over year). Operating expenses grew 3% against revenue growth of 19%. Net earnings were $13.4M. The effective tax rate was 19.8%. Non-operating items added $5.1M, 30% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was $78.3M (up 56% year over year), 583% of net earnings. Non-cash charges added back $2.9M of depreciation and amortization and $29.8M of share-based compensation. Working capital and other items added $32.2M. After purchase of property and equipment ($332K), free cash flow as the company reports it was $78.0M.

Questions

What was Workiva's revenue in the second quarter 2026?

Workiva (WK) reported revenue of $255M for the second quarter 2026 (Q2 2026), +19% from a year earlier and +3% from the quarter before.

Was Workiva profitable in the second quarter 2026?

Operating profit was $11.7M (4.6% of revenue) and net earnings $13.4M.

Open the interactive Sankey →

Source: Workiva 10-Q on SEC EDGAR.