Filing Flows › Workiva (WK) › Q4 2025
Workiva (WK) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 19, 2026
Workiva (WK) reported revenue of $239M for the fourth quarter 2025 (Q4 2025), +20% from a year earlier and +7% from the quarter before. Operating margin was 3.3%, net earnings $11.8M (4.9% of revenue).
Workiva, Q4 2025: revenue $239M (+20% year over year), operating margin 3.3%, net earnings $11.8M, operating cash flow $51.0M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $239M | +7% | +20% |
| Gross profit | $193M | +8% | +25% |
| Operating profit | $7.9M | — | — |
| Net earnings | $11.8M | +324% | — |
| Operating cash flow | $51.0M | +10% | +16% |
| Free cash flow | $50.7M | — | +18% |
What changed
Revenue was $238.9M in Q4 2025, up 20% year over year and up 7% from the previous quarter. Subscription and support was the largest line at 92% of revenue.
Gross margin was 80.7%, up 3.5 points from a year earlier. Operating profit was $7.9M, a 3.3% margin (up 10.0 points year over year). Operating expenses grew 10% against revenue growth of 20%. The fastest-growing cost line was Sales & marketing (+13%). Net earnings were $11.8M. The effective tax rate was 6.1%. Non-operating items added $4.7M, 38% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $51.0M (up 16% year over year), 431% of net earnings. Non-cash charges added back $2.5M of depreciation and amortization and $36.3M of share-based compensation. After purchase of property and equipment ($226K), free cash flow as the company reports it was $50.7M.
Questions
What was Workiva's revenue in the fourth quarter 2025?
Workiva (WK) reported revenue of $239M for the fourth quarter 2025 (Q4 2025), +20% from a year earlier and +7% from the quarter before.
Was Workiva profitable in the fourth quarter 2025?
Operating profit was $7.9M (3.3% of revenue) and net earnings $11.8M.
Source: Workiva 10-K on SEC EDGAR.