Workiva (WK) Operating Leases (2019 - 2026)

Workiva (WK) reported Operating Leases of $7.0 million for Q1 2026, down 29.25% on a YoY basis from $9.8 million in Q1 2025, and down 33.49% sequentially from $10.5 million in Q4 2025.

Workiva (WK) Operating Leases (2019 - 2026) Analysis & Trends

Workiva (WK) has 8 years of Operating Leases data on file, last reported at $7.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases fell 29.25% year-over-year to $7.0 million; the trailing twelve-month figure through Mar 2026 stood at $7.0 million (down 29.25% YoY), and the FY2025 full-year result was $10.5 million, up 10.92% from the prior year.
  • Operating Leases declined to $7.0 million in Q1 2026, from $10.5 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $15.0 million in Q1 2022 to a low of $7.0 million in Q1 2026.
  • A 5-year average of $10.3 million and a median of $9.8 million in 2024 frame the typical range for Operating Leases.
  • Across the five-year window, Operating Leases retreated 29.87% in 2023 and gained 10.92% in 2025, its largest moves.
  • Tracing WK's Operating Leases over 5 years: stood at $12.1 million in 2022, then declined by 10.01% to $10.9 million in 2023, then dropped by 13.31% to $9.4 million in 2024, then gained by 10.92% to $10.5 million in 2025, then slumped by 33.49% to $7.0 million in 2026.
  • Business Quant data shows WK's Operating Leases at $7.0 million in Q1 2026, $10.5 million in Q4 2025, and $7.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn
10 Workiva 2.88 Bn 2.02 Bn 198.76 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 6.97 Mn
Dec 31, 2025 10.47 Mn
Sep 30, 2025 7.92 Mn
Jun 30, 2025 8.89 Mn
Mar 31, 2025 9.85 Mn
Dec 31, 2024 9.44 Mn
Sep 30, 2024 8.06 Mn
Jun 30, 2024 8.86 Mn
Mar 31, 2024 9.84 Mn
Dec 31, 2023 10.89 Mn
Sep 30, 2023 9.02 Mn
Jun 30, 2023 9.75 Mn
Mar 31, 2023 10.95 Mn
Dec 31, 2022 12.10 Mn
Sep 30, 2022 12.87 Mn
Jun 30, 2022 13.69 Mn
Mar 31, 2022 15.03 Mn
Dec 31, 2021 16.41 Mn
Sep 30, 2021 15.23 Mn
Jun 30, 2021 16.36 Mn