Short answer
WORKIVA INC (WK) filed its fiscal 2025 10-K annual report with the SEC on Feb 19, 2026. It reported revenue of $885M (+19.7% year over year) and net income of −$26M.
- Top risk flagged: Cybersecurity risk: potential loss or unauthorized disclosure of confidential data causing legal exposure and financial losses
FY2025 key financial metrics · XBRL
- Revenue
- $885M
- +19.7% YoY
- Net income
- −$26M
- +52.5% YoY
- Operating margin
- -4.8%
- +5.6 pp YoY
- Gross margin
- 78.5%
- +1.8 pp YoY
- EPS (diluted)
- −$0.47
- +52.5% YoY
- ROE
- 481.4%
- +349.4 pp YoY
- Operating cash flow
- $140M
- +59.7% YoY
Source: XBRL data from the WORKIVA INC (WK) FY2025 10-K on SEC EDGAR. USD.
WORKIVA INC FY2025 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core business: AI-powered SaaS platform uniting financial reporting, sustainability management, and GRC data for global finance, audit, and sustainability teams
- New emphasis on Generative AI capabilities integrated in platform to accelerate CFO office transformation and streamline workflows
- Strategic shift to multi-solution selling and global expansion; 26.7% of 2025 revenue from outside U.S., highlighting international growth focus
- Revenue $884.6M in 2025 vs $630.0M in 2023, 18% CAGR; net loss narrowing to $26.2M in 2025 from $127.5M in 2023
- Earned highest sustainability ratings (MSCI ESG AAA, ISS ESG Prime, EcoVadis Silver) alongside recognition as a top workplace for 7th time
Management Discussion & Analysis
- Operating cash flow $140.1M in 2025, up from $87.7M in 2024; net loss narrowed to $26.2M from $55.0M
- Share repurchase $71.6M in 2025 under 2024 Repurchase Plan; $28M remaining authorization, plus $250M additional authorized in 2026
- Convertible debt: $691.1M net proceeds from 2028 Notes in 2023, $396.9M used to repurchase 2026 Notes; $71.1M outstanding on 2026 Notes year-end 2025
- Investing cash outflow $35.0M in 2025 vs $45.2M in 2024; capital expenditures mainly computer equipment; marketable securities net purchases and maturities active
- Management expects existing cash plus operating cash flow to fund operations for 12+ months despite historical operating losses
Risk Factors
- Cybersecurity risk: potential loss or unauthorized disclosure of confidential data causing legal exposure and financial losses
- Board oversight of cybersecurity risk includes minimum three briefings per year by CISO to Audit Committee with real-time incident escalation
- Operational vulnerability: reliance on CISO and certified cybersecurity team to monitor and manage evolving threat landscape
- No specific regulatory or geopolitical risks detailed in this section for FY 2026
- No competitive or financial structural risks explicitly disclosed in provided text
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