Workiva (WK) Cost of Revenue (2013 - 2026)
Workiva's (WK) quarterly Cost of Revenue came in at $50.0 million in Q2 2026, up 0.97% year-over-year from $49.5 million in Q2 2025, and up 3.04% quarter-over-quarter from $48.5 million in Q1 2026.
Analysis
Workiva (WK) Cost of Revenue (2013 - 2026) Analysis & Trends
Workiva has disclosed Cost of Revenue across 14 years of filings, most recently posting $50.0 million for Q2 2026.
- In Q2 2026, Cost of Revenue rose 0.97% year-over-year to $50.0 million; the TTM figure through Jun 2026 stood at $191.1 million (up 2.07% YoY), while the FY2025 annual figure was $190.4 million, up 10.68% from the prior year.
- Cost of Revenue came in at $50.0 million for Q2 2026 at Workiva, up from $48.5 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $50.0 million in Q2 2026 to a low of $30.9 million in Q1 2022.
- Average Cost of Revenue over 5 years is $41.4 million, with a median of $41.3 million recorded in 2024.
- Year-over-year, Cost of Revenue jumped 31.09% in 2022 and gained 0.42% in 2026.
- Over 5 years, Cost of Revenue stood at $34.4 million in 2022, then increased by 10.16% to $37.8 million in 2023, then grew by 20.73% to $45.7 million in 2024, then advanced by 1.05% to $46.2 million in 2025, then advanced by 8.35% to $50.0 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $50.0 million in Q2 2026, $48.5 million in Q1 2026, and $46.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Thomson Reuters | 46.10 Bn | 45.06 Bn | - | - |
| 2 | Docusign | 12.87 Bn | 12.10 Bn | 697.87 Mn | 177.87 Mn |
| 3 | Workiva | 4.15 Bn | 3.33 Bn | 205.27 Mn | 50.02 Mn |
| 4 | Vertex | 2.22 Bn | 1.99 Bn | 131.30 Mn | 72.67 Mn |
| 5 | Clarivate | 1.33 Bn | 1.11 Bn | 401.80 Mn | 185.50 Mn |
| 6 | Donnelley Financial Solutions | 1.26 Bn | 1.23 Bn | 148.00 Mn | 76.20 Mn |
| 7 | Legalzoom.Com | 1.03 Bn | 859.25 Mn | 139.93 Mn | 65.36 Mn |
| 8 | Telos | 358.74 Mn | 308.09 Mn | 16.69 Mn | 31.05 Mn |
| 9 | CS Disco | 276.29 Mn | 174.90 Mn | 32.11 Mn | 11.03 Mn |
| 10 | Audioeye | 95.59 Mn | 86.87 Mn | 8.45 Mn | 2.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.02 Mn |
| Mar 31, 2026 | 48.55 Mn |
| Dec 31, 2025 | 46.17 Mn |
| Sep 30, 2025 | 46.38 Mn |
| Jun 30, 2025 | 49.54 Mn |
| Mar 31, 2025 | 48.34 Mn |
| Dec 31, 2024 | 45.69 Mn |
| Sep 30, 2024 | 43.67 Mn |
| Jun 30, 2024 | 41.17 Mn |
| Mar 31, 2024 | 41.52 Mn |
| Dec 31, 2023 | 37.85 Mn |
| Sep 30, 2023 | 38.36 Mn |
| Jun 30, 2023 | 39.50 Mn |
| Mar 31, 2023 | 38.52 Mn |
| Dec 31, 2022 | 34.36 Mn |
| Sep 30, 2022 | 32.42 Mn |
| Jun 30, 2022 | 32.24 Mn |
| Mar 31, 2022 | 30.87 Mn |
| Dec 31, 2021 | 29.16 Mn |
| Sep 30, 2021 | 26.41 Mn |