Workiva (WK) Q3 FY2026 earnings: revenue $263 million, up 17.3% on the year

Workiva Inc. (WK) reported revenue of $263 million for Q3 FY2026, the quarter ended 30 September 2026, up 17.3% on the same quarter a year earlier. Net income was $19 million, up 585.8% on the year, and diluted earnings per share $0.35. The figures are the company's own, from the 10-Q it filed with the SEC on 5 November 2026.

Revenue

$263 million

+17.3% on the year · +3.0% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

6.8%

-1.5% a year earlier

Q4 FY2024Q3 FY2026

Net income

$19 million

+585.8% on the year · +42.1% on the quarter

Q4 FY2024Q3 FY2026

Diluted EPS

$0.35

+600.0% on the year · +45.8% on the quarter

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 3 raised, 1 lowered, 1 narrowed, 5 new, 1 kept.

Total revenue grew 17%: Total revenue was $263 million, up from $224 million. The result was above the $260 million to $262 million range given in the prior release.
GAAP operating margin rose to 6.8%: GAAP operating margin was 6.8%, against (1.5)% a year earlier. Income from operations was $17.8 million, against a loss of $3.4 million.
Non-GAAP margin up 560 basis points: Non-GAAP operating margin was 18.3%, against 12.7%, an increase of 560 basis points. Non-GAAP income from operations was $48.3 million.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	263	255	224	+3.0%	+17.3%
Cost of revenue	49.7	50.0	46.4	-0.6%	+7.2%
Gross profit	213	205	178	+3.9%	+20.0%
Gross margin	81.1%	80.4%	79.3%
Research and development	57.3	57.5	51.4	-0.3%	+11.5%
Operating income	17.8	11.7	-3.4	+52.8%
Operating margin	6.8%	4.6%	-1.5%
Interest expense	3.1	3.2	3.2	-4.3%	-4.3%
Pre-tax income	22.3	16.8	2.2	+33.1%	+932.4%
Income tax	3.2	3.3	-0.6	-3.6%
Effective tax rate	14.3%	19.8%	-29.0%
Net income	19.1	13.4	2.8	+42.1%	+585.8%
Net margin	7.3%	5.3%	1.2%
Diluted EPS	$0.35	$0.24	$0.05	+45.8%	+600.0%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	69.5	78.3	46.2	-11.2%	+50.7%
Capital expenditure	0.8	0.3	0.1	+150.3%	+813.2%
Free cash flow	68.7	78.0	46.1	-11.9%	+49.2%
Free cash flow margin	26.1%	30.5%	20.5%
Cash from investing	77.0	-34.3	-10.1
Cash from financing	-64.6	-124	-3.6
Depreciation and amortisation	2.4	2.9	2.7	-17.8%	-10.6%
Share-based compensation	28.9	29.8	30.2	-3.0%	-4.6%
Buybacks	1.2	123	10.0	-99.0%	-88.3%
Diluted shares, weighted	55m	56m	58m	-1.5%	-5.1%
Shares outstanding at period end	55m	54m	56m	+0.2%	-2.9%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	-45.9	-97.1	-36.9
Debt	698	769	767	-9.2%	-9.0%
Operating lease liabilities	5.1	6.2	7.9	-17.3%	-35.3%
Finance lease liabilities	12.7	12.9	13.0	-1.3%	-2.3%
Other liabilities	716	684	661	+4.7%	+8.4%
Total liabilities and equity	1,386	1,374	1,411	+0.8%	-1.8%
Goodwill	203	204	206	-0.2%	-1.3%
Intangible assets	18.2	19.8	23.5	-8.2%	-22.5%
Investments	484	563	541	-14.1%	-10.6%
Cash and equivalents	334	252	316	+32.2%	+5.7%
Receivables	158	148	144	+6.9%	+9.2%
Other assets	189	188	181	+0.6%	+4.8%
Total assets	1,386	1,374	1,411	+0.8%	-1.8%

Questions

What was Workiva's revenue in Q3 FY2026?

Workiva (WK) reported revenue of $263 million for Q3 FY2026, the quarter ended 30 September 2026, up 17.3% on the same quarter a year earlier.

How much did Workiva earn in Q3 FY2026?

Net income for Q3 FY2026 was $19 million, up 585.8% on the year, and diluted earnings per share $0.35.

When did Workiva report Q3 FY2026 results?

Workiva filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 5 November 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 *	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	121	130	132	133	144	150	155	158	167	176	178	186	200	206	215	224	239	247	255	263
Cost of revenue	29.2	30.9	32.2	32.4	34.4	38.5	39.5	38.4	37.8	41.5	41.2	43.7	45.7	48.3	49.5	46.4	46.2	48.5	50.0	49.7
Gross profit	91.6	98.8	99.3	100	109	112	116	120	129	134	136	142	154	158	166	178	193	199	205	213
Gross margin	76%	76%	75%	76%	76%	74%	75%	76%	77%	76%	77%	76%	77%	77%	77%	79%	81%	80%	80%	81%
R&D	31.4	35.9	39.2	38.6	38.1	45.8	42.7	41.7	42.6	45.5	48.4	48.4	50.6	53.8	54.8	51.4	54.8	52.9	57.5	57.3
Operating income	-11.5	-17.2	-28.2	-30.1	-13.3	-46.8	-22.7	-15.5	-9.5	-18.3	-23.1	-21.8	-13.3	-24.8	-22.1	-3.4	7.9	15.3	11.7	17.8
Operating margin	-10%	-13%	-21%	-23%	-9%	-31%	-15%	-10%	-6%	-10%	-13%	-12%	-7%	-12%	-10%	-2%	3%	6%	5%	7%
Interest expense	3.5	1.5	1.5	1.5	1.5	1.5	1.5	47.4	3.2	3.2	3.2	3.2	3.2	3.2	3.2	3.2	3.2	3.2	3.2	3.1
Pre-tax income	-14.8	-18.6	-28.4	-29.2	-12.8	-45.6	-20.1	-55.7	-2.7	-11.0	-16.1	-16.0	-6.3	-19.4	-17.7	2.2	12.6	20.6	16.8	22.3
Tax rate	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	-29%	6%	8%	20%	14%
Net income	-14.3	-18.5	-28.9	-29.7	-13.9	-46.1	-20.9	-56.3	-4.2	-11.7	-17.5	-17.0	-8.8	-21.4	-19.4	2.8	11.8	19.0	13.4	19.1
Net margin	-12%	-14%	-22%	-22%	-10%	-31%	-13%	-36%	-3%	-7%	-10%	-9%	-4%	-10%	-9%	1%	5%	8%	5%	7%
Diluted EPS	-$0.27	-$0.35	-$0.55	-$0.56	-$0.26	-$0.86	-$0.39	-$1.04	-$0.08	-$0.21	-$0.32	-$0.31	-$0.16	-$0.38	-$0.35	$0.05	$0.20	$0.33	$0.24	$0.35
Operating cash flow	9.3	-0.9	8.7	4.9	-1.3	5.6	26.0	15.0	24.3	24.8	-0.0	18.9	44.0	-7.4	50.3	46.2	51.0	26.5	78.3	69.5
Capital expenditure	1.1	0.5	0.7	1.0	1.2	0.2	0.6	0.9	0.4	0.2	0.1	0.2	0.8	0.8	1.0	0.1	0.2	0.7	0.3	0.8
Free cash flow	8.2	-1.5	8.0	3.8	-2.5	5.4	25.3	14.1	23.9	24.6	-0.1	18.7	43.2	-8.1	49.3	46.1	50.7	25.7	78.0	68.7
Buybacks	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	0.0	0.0	0.0	0.0	40.1	10.0	10.0	11.5	50.0	123	1.2
Shares outstanding	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	56m	56m	56m	56m	57m	56m	54m	55m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 5 November 2026: the filing.