Workiva (WK) Operating Expenses (2013 - 2026)
Workiva's (WK) quarterly Operating Expenses came in at $193.6 million in Q2 2026, up 3.09% year-over-year from $187.8 million in Q2 2025, and up 5.54% quarter-over-quarter from $183.4 million in Q1 2026.
Analysis
Workiva (WK) Operating Expenses (2013 - 2026) Analysis & Trends
Workiva has disclosed Operating Expenses across 14 years of filings, most recently posting $193.6 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 3.09% year-over-year to $193.6 million; the TTM figure through Jun 2026 stood at $743.1 million (up 5.9% YoY), while the FY2025 annual figure was $736.6 million, up 14.53% from the prior year.
- Operating Expenses came in at $193.6 million for Q2 2026 at Workiva, up from $183.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $193.6 million in Q2 2026 to a low of $116.0 million in Q1 2022.
- Average Operating Expenses over 5 years is $156.9 million, with a median of $159.0 million recorded in 2023.
- Year-over-year, Operating Expenses jumped 47.0% in 2022 and retreated 3.84% in 2024.
- Over 5 years, Operating Expenses stood at $122.7 million in 2022, then increased by 12.68% to $138.3 million in 2023, then rose by 21.14% to $167.5 million in 2024, then advanced by 10.38% to $184.9 million in 2025, then rose by 4.7% to $193.6 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $193.6 million in Q2 2026, $183.4 million in Q1 2026, and $184.9 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Thomson Reuters | 46.10 Bn | 45.06 Bn | - | -1.21 Bn |
| 2 | Docusign | 12.87 Bn | 12.10 Bn | 697.87 Mn | 580.25 Mn |
| 3 | Workiva | 4.15 Bn | 3.33 Bn | 205.27 Mn | 193.60 Mn |
| 4 | Vertex | 2.22 Bn | 1.99 Bn | 131.30 Mn | 135.74 Mn |
| 5 | Clarivate | 1.33 Bn | 1.11 Bn | 401.80 Mn | 787.50 Mn |
| 6 | Donnelley Financial Solutions | 1.26 Bn | 1.23 Bn | 148.00 Mn | 78.10 Mn |
| 7 | Legalzoom.Com | 1.03 Bn | 859.25 Mn | 139.93 Mn | 129.28 Mn |
| 8 | Telos | 358.74 Mn | 308.09 Mn | 16.69 Mn | 16.38 Mn |
| 9 | CS Disco | 276.29 Mn | 174.90 Mn | 32.11 Mn | 41.33 Mn |
| 10 | Audioeye | 95.59 Mn | 86.87 Mn | 8.45 Mn | 9.05 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 193.60 Mn |
| Mar 31, 2026 | 183.44 Mn |
| Dec 31, 2025 | 184.91 Mn |
| Sep 30, 2025 | 181.19 Mn |
| Jun 30, 2025 | 187.79 Mn |
| Mar 31, 2025 | 182.69 Mn |
| Dec 31, 2024 | 167.52 Mn |
| Sep 30, 2024 | 163.73 Mn |
| Jun 30, 2024 | 159.48 Mn |
| Mar 31, 2024 | 152.43 Mn |
| Dec 31, 2023 | 138.28 Mn |
| Sep 30, 2023 | 135.35 Mn |
| Jun 30, 2023 | 138.21 Mn |
| Mar 31, 2023 | 158.51 Mn |
| Dec 31, 2022 | 122.72 Mn |
| Sep 30, 2022 | 130.55 Mn |
| Jun 30, 2022 | 127.50 Mn |
| Mar 31, 2022 | 115.98 Mn |
| Dec 31, 2021 | 103.12 Mn |
| Sep 30, 2021 | 94.26 Mn |