Workiva shows strong growth potential despite net loss
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 15 2026
0mins
Source: Yahoo Finance
Workiva Inc. saw its stock rise by 5.94% as it crossed above the 5-day SMA, indicating positive momentum in the market.
The company reported approximately $884.6 million in revenue for FY 2025, reflecting a robust growth rate of nearly 19.7%. Despite a net loss of about $26.2 million, Workiva's focus on expanding its market share in compliance and its strong position in financial reporting highlight its competitive edge in complex data management. However, the company faces risks due to its reliance on SEC filings for over 35% of its revenue, which necessitates careful navigation of regulatory changes.
This growth trajectory suggests that Workiva is well-positioned to capitalize on the increasing demand for compliance solutions, although investors should remain cautious of the inherent risks associated with its revenue concentration.
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Analyst Views on WK
Wall Street analysts forecast WK stock price to rise
10 Analyst Rating
10 Buy
0 Hold
0 Sell
Strong Buy
Current: 46.310
Low
98.00
Averages
106.75
High
115.00
Current: 46.310
Low
98.00
Averages
106.75
High
115.00
About WK
Workiva Inc. is a provider of cloud-based reporting solutions that are designed to solve financial and non-financial business challenges at the intersection of data, process, and people. The Company offers its unified software-as-a-service (SaaS) platform that brings customers financial reporting, sustainability management, and Governance, Risk, and Compliance (GRC) together in a controlled, secure, audit-ready platform. The Company's Workiva platform is multi-tenant cloud software deployed in multiple regions worldwide. Its platform is built primarily on Amazon Web Services (AWS) and is composed of both proprietary and open-source technologies. Its Workiva platform helps customers by connecting and transforming data from hundreds of enterprise resource planning (ERP), human capital management (HCM), and customer relationship management (CRM) systems, as well as other third-party cloud and on-premises applications.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Investment Analysis: NICE vs Workiva
- NICE Financial Performance: In FY 2025, NICE reported nearly $2.9 billion in revenue, reflecting a growth rate of approximately 7.7%, with a net income of about $612.1 million and a net margin of roughly 20.8%, showcasing the company's profitability and cost control in cloud service expansion.
- Workiva Growth Potential: Workiva achieved approximately $884.6 million in revenue for FY 2025, marking a robust growth rate of nearly 19.7%, despite a net loss of about $26.2 million, indicating its competitive edge in complex data management while striving to capture compliance market share.
- Market Competition Risks: NICE faces intense competition from large enterprise software providers, and failure to maintain its technological edge could erode market share, while Workiva's reliance on SEC filings for over 35% of its revenue poses compliance risks that require careful navigation of regulatory changes.
- Valuation Comparison: NICE's forward P/E ratio stands at 7.8x, significantly lower than Workiva's 16.1x and the sector benchmark of 36.4x, indicating a substantial discount in earnings and revenue multiples, potentially offering an attractive entry point for investors.
See More
Comparative Financial Performance of NICE and Workiva
- NICE Financial Performance: In FY 2025, NICE reported nearly $2.9 billion in revenue, reflecting a growth rate of approximately 7.7%, with a net income of about $612.1 million and a net margin of 20.8%, demonstrating the company's profitability and disciplined spending in cloud service expansion.
- Workiva Growth Momentum: Workiva achieved close to $884.6 million in revenue for FY 2025, marking a robust growth rate of 19.7%, although it reported a net loss of approximately $26.2 million, the company remains focused on expanding its market share in compliance, highlighting its significance in complex data management.
- Competition and Risks: NICE faces intense competition from large enterprise software providers, particularly in integrating AI into customer service tools, and risks losing market share if it fails to maintain its technological edge; meanwhile, Workiva's revenue concentration risk is significant, with over 35% coming from SEC filing customers, adding vulnerability to regulatory changes.
- Investor Choice: While NICE is a well-established and profitable company, its lower-than-expected revenue guidance and analyst price target cuts may lead investors to favor Workiva, which shows greater growth potential in compliance and reporting, with its platform's stickiness providing a strong market position.
See More
Comparative Growth Analysis of Innodata and Workiva
- Customer Concentration Risk: Innodata derives 58% of its revenue from a single client, which significantly increases business risk; losing this client could lead to a sharp revenue decline, especially since contracts are often project-based and terminable with just 30 days' notice.
- Financial Performance of Innodata: For fiscal 2025, Innodata reported nearly $252 million in revenue, a 48% increase year-over-year, and while net income was approximately $32 million with a net margin decrease from 16.8% to 12.8%, the company remains profitable, reflecting strong demand in the AI data engineering sector.
- Stability of Workiva: Workiva generates about 92% of its revenue from recurring subscription and support fees, achieving nearly 20% revenue growth to $884 million in fiscal 2025; despite reporting a net loss of $26 million, this marks an improvement from the previous year's loss, indicating a trend towards potential profitability.
- Risks and Opportunities: Innodata faces risks from customer concentration and geopolitical factors, while Workiva must navigate market competition and regulatory changes; both companies are striving for profitability, but Innodata's rapid growth and AI demand present significant market opportunities.
See More
Comparative Market Analysis of Innodata and Workiva
- Innodata Growth Potential: Innodata's revenue reached nearly $252 million in fiscal 2025, marking a 48% increase driven by surging demand for high-quality data, although its revenue concentration of 58% from a single client poses significant business risks.
- Workiva Market Position: Workiva achieved revenue of $884 million in fiscal 2025, growing nearly 20%, with approximately 92% of its revenue derived from predictable subscription and support fees, underscoring its strong position in financial and compliance reporting.
- Financial Health: Innodata's debt-to-equity ratio stands at 0.1, indicating low debt levels, while Workiva's ratio is -145, reflecting liabilities exceeding shareholder equity, although both companies reported robust free cash flow for the year.
- Risks and Opportunities: Innodata faces challenges from customer concentration and geopolitical instability, while Workiva must navigate competitive pressures and regulatory changes, requiring investors to weigh the growth potential against inherent risks.
See More
Analysis of Cash-Generating Companies
- Workiva's Strong Performance: With a trailing free cash flow margin of 18.6%, Workiva's annual recurring revenue (ARR) growth rate of 22.1% highlights the critical role of its software in client operations, complemented by a gross margin of 79.4%, positioning it favorably against competitors.
- QuinStreet's Market Share Growth: QuinStreet boasts a free cash flow margin of 8%, with a remarkable 47.2% annual revenue growth over the past two years and an impressive 628% growth in earnings per share, indicating significant profitability improvements as historical investments begin to pay off.
- Motorola Solutions' Steady Growth: Motorola Solutions has a free cash flow margin of 21% and a 9.5% annual revenue growth rate over the last five years, reflecting an increase in market share, while its adjusted operating profits and efficiency gains enhance its investment capacity.
- High-Quality Stock Recommendations: In a rapidly changing market, StockStory's list of high-quality stocks demonstrates strong growth potential, assisting investors in identifying quality investment opportunities amid uncertainty.
See More
Pembroke Management Sells Workiva Shares Worth $17.4 Million
- Share Sale Details: Pembroke Management disclosed in an SEC filing on May 13, 2026, the sale of 249,456 shares of Workiva, valued at approximately $17.4 million, indicating a reduction in confidence towards the company.
- Ownership Ratio Change: Following this transaction, Pembroke's stake in Workiva decreased to 1.94% from 4.2%, reflecting a cautious outlook on the company's future performance.
- Market Performance Analysis: As of May 13, 2026, Workiva shares traded at $44.31, down 38.5% over the past year, significantly underperforming the S&P 500, which suggests bearish market sentiment towards the stock.
- Financial Metrics Highlights: Despite the poor stock performance, Workiva achieved a record quarterly operating margin of 6.2% and nearly 20% revenue growth, indicating strong fundamentals that may attract long-term investors' interest.
See More
Investment Analysis: NICE vs Workiva
- NICE Financial Performance: In FY 2025, NICE reported nearly $2.9 billion in revenue, reflecting a growth rate of approximately 7.7%, with a net income of about $612.1 million and a net margin of roughly 20.8%, showcasing the company's profitability and cost control in cloud service expansion.
- Workiva Growth Potential: Workiva achieved approximately $884.6 million in revenue for FY 2025, marking a robust growth rate of nearly 19.7%, despite a net loss of about $26.2 million, indicating its competitive edge in complex data management while striving to capture compliance market share.
- Market Competition Risks: NICE faces intense competition from large enterprise software providers, and failure to maintain its technological edge could erode market share, while Workiva's reliance on SEC filings for over 35% of its revenue poses compliance risks that require careful navigation of regulatory changes.
- Valuation Comparison: NICE's forward P/E ratio stands at 7.8x, significantly lower than Workiva's 16.1x and the sector benchmark of 36.4x, indicating a substantial discount in earnings and revenue multiples, potentially offering an attractive entry point for investors.
See More
Comparative Financial Performance of NICE and Workiva
- NICE Financial Performance: In FY 2025, NICE reported nearly $2.9 billion in revenue, reflecting a growth rate of approximately 7.7%, with a net income of about $612.1 million and a net margin of 20.8%, demonstrating the company's profitability and disciplined spending in cloud service expansion.
- Workiva Growth Momentum: Workiva achieved close to $884.6 million in revenue for FY 2025, marking a robust growth rate of 19.7%, although it reported a net loss of approximately $26.2 million, the company remains focused on expanding its market share in compliance, highlighting its significance in complex data management.
- Competition and Risks: NICE faces intense competition from large enterprise software providers, particularly in integrating AI into customer service tools, and risks losing market share if it fails to maintain its technological edge; meanwhile, Workiva's revenue concentration risk is significant, with over 35% coming from SEC filing customers, adding vulnerability to regulatory changes.
- Investor Choice: While NICE is a well-established and profitable company, its lower-than-expected revenue guidance and analyst price target cuts may lead investors to favor Workiva, which shows greater growth potential in compliance and reporting, with its platform's stickiness providing a strong market position.
See More
Comparative Growth Analysis of Innodata and Workiva
- Customer Concentration Risk: Innodata derives 58% of its revenue from a single client, which significantly increases business risk; losing this client could lead to a sharp revenue decline, especially since contracts are often project-based and terminable with just 30 days' notice.
- Financial Performance of Innodata: For fiscal 2025, Innodata reported nearly $252 million in revenue, a 48% increase year-over-year, and while net income was approximately $32 million with a net margin decrease from 16.8% to 12.8%, the company remains profitable, reflecting strong demand in the AI data engineering sector.
- Stability of Workiva: Workiva generates about 92% of its revenue from recurring subscription and support fees, achieving nearly 20% revenue growth to $884 million in fiscal 2025; despite reporting a net loss of $26 million, this marks an improvement from the previous year's loss, indicating a trend towards potential profitability.
- Risks and Opportunities: Innodata faces risks from customer concentration and geopolitical factors, while Workiva must navigate market competition and regulatory changes; both companies are striving for profitability, but Innodata's rapid growth and AI demand present significant market opportunities.
See More
Comparative Market Analysis of Innodata and Workiva
- Innodata Growth Potential: Innodata's revenue reached nearly $252 million in fiscal 2025, marking a 48% increase driven by surging demand for high-quality data, although its revenue concentration of 58% from a single client poses significant business risks.
- Workiva Market Position: Workiva achieved revenue of $884 million in fiscal 2025, growing nearly 20%, with approximately 92% of its revenue derived from predictable subscription and support fees, underscoring its strong position in financial and compliance reporting.
- Financial Health: Innodata's debt-to-equity ratio stands at 0.1, indicating low debt levels, while Workiva's ratio is -145, reflecting liabilities exceeding shareholder equity, although both companies reported robust free cash flow for the year.
- Risks and Opportunities: Innodata faces challenges from customer concentration and geopolitical instability, while Workiva must navigate competitive pressures and regulatory changes, requiring investors to weigh the growth potential against inherent risks.
See More
Analysis of Cash-Generating Companies
- Workiva's Strong Performance: With a trailing free cash flow margin of 18.6%, Workiva's annual recurring revenue (ARR) growth rate of 22.1% highlights the critical role of its software in client operations, complemented by a gross margin of 79.4%, positioning it favorably against competitors.
- QuinStreet's Market Share Growth: QuinStreet boasts a free cash flow margin of 8%, with a remarkable 47.2% annual revenue growth over the past two years and an impressive 628% growth in earnings per share, indicating significant profitability improvements as historical investments begin to pay off.
- Motorola Solutions' Steady Growth: Motorola Solutions has a free cash flow margin of 21% and a 9.5% annual revenue growth rate over the last five years, reflecting an increase in market share, while its adjusted operating profits and efficiency gains enhance its investment capacity.
- High-Quality Stock Recommendations: In a rapidly changing market, StockStory's list of high-quality stocks demonstrates strong growth potential, assisting investors in identifying quality investment opportunities amid uncertainty.
See More
Pembroke Management Sells Workiva Shares Worth $17.4 Million
- Share Sale Details: Pembroke Management disclosed in an SEC filing on May 13, 2026, the sale of 249,456 shares of Workiva, valued at approximately $17.4 million, indicating a reduction in confidence towards the company.
- Ownership Ratio Change: Following this transaction, Pembroke's stake in Workiva decreased to 1.94% from 4.2%, reflecting a cautious outlook on the company's future performance.
- Market Performance Analysis: As of May 13, 2026, Workiva shares traded at $44.31, down 38.5% over the past year, significantly underperforming the S&P 500, which suggests bearish market sentiment towards the stock.
- Financial Metrics Highlights: Despite the poor stock performance, Workiva achieved a record quarterly operating margin of 6.2% and nearly 20% revenue growth, indicating strong fundamentals that may attract long-term investors' interest.
See More
