Workiva (WK) Research & Development (2013 - 2026)
Workiva's (WK) quarterly Research & Development came in at $109.0 million in Q2 2026, up 4.8% year-over-year from $104.0 million in Q2 2025, and up 4.34% quarter-over-quarter from $104.5 million in Q1 2026.
Analysis
Workiva (WK) Research & Development (2013 - 2026) Analysis & Trends
Workiva has disclosed Research & Development across 14 years of filings, most recently posting $109.0 million for Q2 2026.
- In Q2 2026, Research & Development rose 4.8% year-over-year to $109.0 million; the TTM figure through Jun 2026 stood at $416.7 million (up 8.06% YoY), while the FY2025 annual figure was $408.9 million, up 17.75% from the prior year.
- Research & Development came in at $109.0 million for Q2 2026 at Workiva, up from $104.5 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $109.0 million in Q2 2026 to a low of $56.1 million in Q1 2022.
- Average Research & Development over 5 years is $83.4 million, with a median of $83.7 million recorded in 2024.
- Year-over-year, Research & Development surged 54.65% in 2022 and increased 2.77% in 2026.
- Over 5 years, Research & Development stood at $60.4 million in 2022, then increased by 19.02% to $71.9 million in 2023, then rose by 25.45% to $90.2 million in 2024, then rose by 13.19% to $102.0 million in 2025, then grew by 6.83% to $109.0 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $109.0 million in Q2 2026, $104.5 million in Q1 2026, and $102.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thomson Reuters | 46.10 Bn | 45.06 Bn | - | - |
| 2 | Docusign | 12.87 Bn | 12.10 Bn | 697.87 Mn | 313.96 Mn |
| 3 | Workiva | 4.15 Bn | 3.33 Bn | 205.27 Mn | 109.02 Mn |
| 4 | Vertex | 2.22 Bn | 1.99 Bn | 131.30 Mn | 51.90 Mn |
| 5 | Clarivate | 1.33 Bn | 1.11 Bn | 401.80 Mn | - |
| 6 | Donnelley Financial Solutions | 1.26 Bn | 1.23 Bn | 148.00 Mn | - |
| 7 | Legalzoom.Com | 1.03 Bn | 859.25 Mn | 139.93 Mn | 78.85 Mn |
| 8 | Telos | 358.74 Mn | 308.09 Mn | 16.69 Mn | 1.35 Mn |
| 9 | CS Disco | 276.29 Mn | 174.90 Mn | 32.11 Mn | 16.88 Mn |
| 10 | Audioeye | 95.59 Mn | 86.87 Mn | 8.45 Mn | 3.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 109.02 Mn |
| Mar 31, 2026 | 104.49 Mn |
| Dec 31, 2025 | 102.05 Mn |
| Sep 30, 2025 | 101.13 Mn |
| Jun 30, 2025 | 104.03 Mn |
| Mar 31, 2025 | 101.67 Mn |
| Dec 31, 2024 | 90.16 Mn |
| Sep 30, 2024 | 89.76 Mn |
| Jun 30, 2024 | 84.70 Mn |
| Mar 31, 2024 | 82.63 Mn |
| Dec 31, 2023 | 71.87 Mn |
| Sep 30, 2023 | 72.58 Mn |
| Jun 30, 2023 | 71.88 Mn |
| Mar 31, 2023 | 70.71 Mn |
| Dec 31, 2022 | 60.38 Mn |
| Sep 30, 2022 | 64.56 Mn |
| Jun 30, 2022 | 64.22 Mn |
| Mar 31, 2022 | 56.10 Mn |
| Dec 31, 2021 | 50.20 Mn |
| Sep 30, 2021 | 46.03 Mn |