Workiva (WK) Tax Rate (2014 - 2026)
Workiva's (WK) quarterly Tax Rate came in at 19.71% in Q2 2026, up 2930.0% year-over-year from 0.65% in Q2 2025, and up 149.11% quarter-over-quarter from 7.91% in Q1 2026.
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Workiva (WK) Tax Rate (2014 - 2026) Analysis & Trends
Workiva has disclosed Tax Rate across 13 years of filings, most recently posting 19.71% for Q2 2026.
- In Q2 2026, Tax Rate rose 2930.0% year-over-year to 19.71%; the TTM figure through Jun 2026 stood at 9.75% (up 2164.0% YoY), while the FY2025 annual figure was 16.75%, down 542.0% from the prior year.
- Tax Rate came in at 19.71% for Q2 2026 at Workiva, up from 7.91% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 19.71% in Q2 2026 to a low of 55.23% in Q4 2023.
- Average Tax Rate over 5 years is 8.25%, with a median of 5.03% recorded in 2023.
- Year-over-year, Tax Rate tumbled 4633 bps in 2023 and soared 4519 bps in 2025.
- Over 5 years, Tax Rate stood at 8.91% in 2022, then plunged by 520 bps to 55.23% in 2023, then increased by 29 bps to 39.06% in 2024, then soared by 116 bps to 6.13% in 2025, then soared by 221 bps to 19.71% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 19.71% in Q2 2026, 7.91% in Q1 2026, and 6.13% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thomson Reuters | 46.10 Bn | 45.06 Bn | - | -11.74% |
| 2 | Docusign | 12.87 Bn | 12.10 Bn | 697.87 Mn | 37.85% |
| 3 | Workiva | 4.15 Bn | 3.33 Bn | 205.27 Mn | 19.71% |
| 4 | Vertex | 2.22 Bn | 1.99 Bn | 131.30 Mn | 320.61% |
| 5 | Clarivate | 1.33 Bn | 1.11 Bn | 401.80 Mn | -3.07% |
| 6 | Donnelley Financial Solutions | 1.26 Bn | 1.23 Bn | 148.00 Mn | 30.13% |
| 7 | Legalzoom.Com | 1.03 Bn | 859.25 Mn | 139.93 Mn | 57.62% |
| 8 | Telos | 358.74 Mn | 308.09 Mn | 16.69 Mn | 6.25% |
| 9 | CS Disco | 276.29 Mn | 174.90 Mn | 32.11 Mn | -1.58% |
| 10 | Audioeye | 95.59 Mn | 86.87 Mn | 8.45 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.71% |
| Mar 31, 2026 | 7.91% |
| Dec 31, 2025 | 6.13% |
| Sep 30, 2025 | -28.98% |
| Jun 30, 2025 | -9.59% |
| Mar 31, 2025 | -9.98% |
| Dec 31, 2024 | -39.06% |
| Sep 30, 2024 | -5.98% |
| Jun 30, 2024 | -9.03% |
| Mar 31, 2024 | -6.50% |
| Dec 31, 2023 | -55.23% |
| Sep 30, 2023 | -0.95% |
| Jun 30, 2023 | -4.08% |
| Mar 31, 2023 | -1.28% |
| Dec 31, 2022 | -8.91% |
| Sep 30, 2022 | -1.60% |
| Jun 30, 2022 | -1.51% |
| Mar 31, 2022 | 0.47% |
| Dec 31, 2021 | 3.53% |
| Sep 30, 2021 | 11.87% |