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
DateValue
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