Workiva (WK) Operating Expenses (2013 - 2026)
Workiva (WK) posted Operating Expenses of $183.4 million for Q1 2026, down 0.79% sequentially from $184.9 million in Q4 2025, and little changed YoY from $182.7 million in Q1 2025.
Workiva (WK) Operating Expenses (2013 - 2026) Analysis & Trends
Workiva has reported Operating Expenses for 14 years, with the latest figure at $183.4 million in Q1 2026.
- Quarterly Operating Expenses changed 0.41% year-over-year to $183.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $737.3 million (up 9.49% YoY) and the FY2025 annual result came in at $736.6 million, up 14.53% from the prior year.
- Operating Expenses slipped to $183.4 million in Q1 2026 per WK's latest filing, from $184.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $187.8 million in Q2 2025 and troughed at $116.0 million in Q1 2022.
- A 5-year average of $154.7 million and a median of $158.5 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 47.0% in 2022, then decreased 3.84% in 2024.
- Over 5 years, Operating Expenses stood at $122.7 million in 2022, then gained by 12.68% to $138.3 million in 2023, then advanced by 21.14% to $167.5 million in 2024, then grew by 10.38% to $184.9 million in 2025, then dropped by 0.79% to $183.4 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $183.4 million, $184.9 million, and $181.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | Workiva | 3.81 Bn | 3.00 Bn | 205.27 Mn | 193.60 Mn |
Historic Data
Download 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 |