Workiva (WK) Tax Rate (2014 - 2026)
Workiva (WK) posted Tax Rate of 7.91% for Q1 2026, up 29.0% sequentially from 6.13% in Q4 2025, and up 1771.0% YoY from 0.42% in Q1 2025.
Workiva (WK) Tax Rate (2014 - 2026) Analysis & Trends
Workiva has reported Tax Rate for 13 years, with the latest figure at 7.91% in Q1 2026.
- Quarterly Tax Rate rose 1771.0% year-over-year to 7.91% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 19.53% (up 3126.0% YoY) and the FY2025 annual result came in at 16.75%, down 542.0% from the prior year.
- Tax Rate advanced to 7.91% in Q1 2026 per WK's latest filing, from 6.13% in the prior quarter.
- Over five years, Tax Rate peaked at 7.91% in Q1 2026 and troughed at 55.23% in Q4 2023.
- A 5-year average of 9.87% and a median of 5.98% in 2024 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2025: Tax Rate plunged 4633 bps in 2023, then jumped 4519 bps in 2025.
- Over 5 years, Tax Rate stood at 8.91% in 2022, then slumped by 520 bps to 55.23% in 2023, then gained by 29 bps to 39.06% in 2024, then surged by 116 bps to 6.13% in 2025, then increased by 29 bps to 7.91% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 7.91%, 6.13%, and 28.98% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -27.76% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 15.38% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 22.57% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 25.63% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 31.96% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 0.37% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 22.20% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 23.50% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 24.29% |
| 10 | Workiva | 3.81 Bn | 3.00 Bn | 205.27 Mn | 19.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 19.71% |
| Jun 30, 2026 | 19.71% |
| Jun 30, 2026 | 19.71% |
| Mar 31, 2026 | 7.91% |
| Mar 31, 2026 | 7.91% |
| Mar 31, 2026 | 7.91% |
| Dec 31, 2025 | 6.13% |
| Dec 31, 2025 | 6.13% |
| Dec 31, 2025 | 6.13% |
| Sep 30, 2025 | -28.98% |
| Sep 30, 2025 | -28.98% |
| Sep 30, 2025 | -28.98% |
| Jun 30, 2025 | -9.41% |
| Jun 30, 2025 | -9.41% |
| Jun 30, 2025 | -9.41% |
| Mar 31, 2025 | -9.79% |
| Mar 31, 2025 | -9.79% |
| Mar 31, 2025 | -9.79% |
| Dec 31, 2024 | -39.06% |
| Dec 31, 2024 | -39.06% |