Workiva (WK) Research & Development (2013 - 2026)
Workiva (WK) posted Research & Development of $104.5 million for Q1 2026, up 90.6% sequentially from $54.8 million in Q4 2025, and up 2.77% YoY from $101.7 million in Q1 2025.
Workiva (WK) Research & Development (2013 - 2026) Analysis & Trends
Workiva has reported Research & Development for 14 years, with the latest figure at $104.5 million in Q1 2026.
- Quarterly Research & Development rose 2.77% year-over-year to $104.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $364.5 million (up 171.27% YoY) and the FY2025 annual result came in at $214.8 million, up 11.36% from the prior year.
- Research & Development rose to $104.5 million in Q1 2026 per WK's latest filing, from $54.8 million in the prior quarter.
- Over five years, Research & Development peaked at $104.5 million in Q1 2026 and troughed at -$64.2 million in Q4 2024.
- A 5-year average of $52.0 million and a median of $48.4 million in 2024 frame the typical range for Research & Development.
- The sharpest annual moves came in 2023 and 2024: Research & Development jumped 316.71% in 2023, then tumbled 189.26% in 2024.
- Over 5 years, Research & Development stood at -$33.2 million in 2022, then surged by 316.71% to $71.9 million in 2023, then sank by 189.26% to -$64.2 million in 2024, then surged by 185.45% to $54.8 million in 2025, then jumped by 90.6% to $104.5 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $104.5 million, $54.8 million, and $101.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | Workiva | 3.81 Bn | 3.00 Bn | 205.27 Mn | 109.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 109.02 Mn |
| Mar 31, 2026 | 104.49 Mn |
| Dec 31, 2025 | 54.82 Mn |
| Sep 30, 2025 | 101.13 Mn |
| Jun 30, 2025 | 104.03 Mn |
| Mar 31, 2025 | 101.67 Mn |
| Dec 31, 2024 | -64.15 Mn |
| Sep 30, 2024 | 48.43 Mn |
| Jun 30, 2024 | 48.41 Mn |
| Mar 31, 2024 | 82.63 Mn |
| Dec 31, 2023 | 71.87 Mn |
| Sep 30, 2023 | 41.75 Mn |
| Jun 30, 2023 | 42.70 Mn |
| Mar 31, 2023 | 45.79 Mn |
| Dec 31, 2022 | -33.16 Mn |
| Sep 30, 2022 | 38.58 Mn |
| Jun 30, 2022 | 39.18 Mn |
| Mar 31, 2022 | 56.10 Mn |
| Dec 31, 2021 | 50.20 Mn |
| Sep 30, 2021 | 46.03 Mn |