Workiva (WK) Cost of Revenue (2013 - 2026)
Workiva's (WK) quarterly Cost of Revenue came in at $48.5 million in Q1 2026, down 52.25% year-on-year from $101.7 million in Q1 2025, and up 141.71% quarter-over-quarter from -$116.4 million in Q4 2025.
Workiva (WK) Cost of Revenue (2013 - 2026) Analysis & Trends
Workiva has disclosed Cost of Revenue across 14 years of filings, most recently posting $48.5 million for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $48.5 million, down 52.25% year-over-year; the trailing twelve-month figure through Mar 2026 was $28.1 million (down 93.81% YoY), and the FY2025 annual result was $190.4 million, down 45.16% from the prior year.
- Cost of Revenue came in at $48.5 million for Q1 2026 at Workiva, up from -$116.4 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $220.9 million in Q4 2024 to a low of -$116.4 million in Q4 2025.
- The 5-year median for Cost of Revenue is $48.5 million (2026), against an average of $60.1 million.
- Across the five-year window, Cost of Revenue jumped 413.46% in 2022 and slumped 152.7% in 2025, its largest moves.
- Workiva's Cost of Revenue stood at $149.7 million in 2022, then tumbled by 52.0% to $71.9 million in 2023, then jumped by 207.34% to $220.9 million in 2024, then plunged by 152.7% to -$116.4 million in 2025, then jumped by 141.71% to $48.5 million in 2026.
- The last three Cost of Revenue figures came in at $48.5 million (Q1 2026), -$116.4 million (Q4 2025), and $46.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 55.33 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 1.33 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 1.62 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 3.77 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 211.49 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 940.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 3.07 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 715.00 Mn |
| 10 | Workiva | 2.78 Bn | 1.92 Bn | 198.76 Mn | 48.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 48.55 Mn |
| Mar 31, 2026 | 48.55 Mn |
| Dec 31, 2025 | -116.39 Mn |
| Dec 31, 2025 | -116.39 Mn |
| Sep 30, 2025 | 46.38 Mn |
| Sep 30, 2025 | 46.38 Mn |
| Jun 30, 2025 | 49.54 Mn |
| Jun 30, 2025 | 49.54 Mn |
| Mar 31, 2025 | 101.67 Mn |
| Mar 31, 2025 | 101.67 Mn |
| Dec 31, 2024 | 220.88 Mn |
| Dec 31, 2024 | 220.88 Mn |
| Sep 30, 2024 | 89.76 Mn |
| Sep 30, 2024 | 89.76 Mn |
| Jun 30, 2024 | 41.17 Mn |
| Jun 30, 2024 | 41.17 Mn |
| Mar 31, 2024 | 41.52 Mn |
| Mar 31, 2024 | 41.52 Mn |
| Dec 31, 2023 | 71.87 Mn |
| Dec 31, 2023 | 71.87 Mn |