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| Date | Value |
|---|---|
| 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 |