Workiva Q1 Revenue Up, Swings to Profit
Ticker: WK · Form: 10-Q · Filed: May 1, 2025 · CIK: 1445305
| Field | Detail |
|---|---|
| Company | Workiva Inc (WK) |
| Form Type | 10-Q |
| Filed Date | May 1, 2025 |
| Risk Level | low |
| Sentiment | bullish |
Sentiment: bullish
Topics: earnings, revenue-growth, profitability
TL;DR
Workiva Q1 revenue $174.3M (+12.6% YoY), profit $25.1M vs loss last year. Strong quarter!
AI Summary
Workiva Inc. reported its first quarter results for the period ending March 31, 2025. The company's revenue for the first quarter of 2025 was $174.3 million, an increase from $154.9 million in the same period of 2024. Net income for the first quarter of 2025 was $25.1 million, compared to a net loss of $1.1 million in the first quarter of 2024.
Why It Matters
This filing shows Workiva's financial performance in early 2025, indicating revenue growth and a significant shift from a net loss to a profit, which could impact investor confidence and stock valuation.
Risk Assessment
Risk Level: low — The filing is a standard quarterly report with positive financial results, indicating no immediate or significant new risks.
Key Numbers
- $174.3M — Q1 2025 Revenue (Represents a 12.6% increase year-over-year.)
- $25.1M — Q1 2025 Net Income (Significant swing from a net loss in Q1 2024.)
- $154.9M — Q1 2024 Revenue (Baseline for year-over-year comparison.)
- $1.1M — Q1 2024 Net Loss (Shows the improvement in profitability.)
Key Players & Entities
- Workiva Inc. (company) — Filer of the 10-Q report
- 20250331 (date) — End of the reporting period
- $174.3 million (dollar_amount) — Q1 2025 revenue
- $154.9 million (dollar_amount) — Q1 2024 revenue
- $25.1 million (dollar_amount) — Q1 2025 net income
- $1.1 million (dollar_amount) — Q1 2024 net loss
FAQ
What was Workiva's total revenue for the first quarter of 2025?
Workiva's total revenue for the first quarter of 2025 was $174.3 million.
How does Workiva's Q1 2025 revenue compare to Q1 2024?
Workiva's Q1 2025 revenue of $174.3 million increased from $154.9 million in Q1 2024.
What was Workiva's net income for the first quarter of 2025?
Workiva reported a net income of $25.1 million for the first quarter of 2025.
Did Workiva have a profit or loss in the first quarter of 2024?
Workiva reported a net loss of $1.1 million in the first quarter of 2024.
What is the fiscal year end for Workiva Inc.?
Workiva Inc.'s fiscal year ends on December 31.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 1, 2025 regarding WORKIVA INC (WK).