Workiva (WK) Tax Rate (2014 - 2026)
Workiva recorded quarterly Tax Rate of 7.76% in Q1 2026, up 26.47% quarter-over-quarter from 6.13% in Q4 2025, and up 1753.0% year-over-year from 0.42% in Q1 2025.
Workiva's Tax Rate history runs 13 years deep, the most recent figure standing at 7.76% for Q1 2026.
- In Q1 2026, Tax Rate rose 1753.0% year-over-year to 7.76%; the TTM figure through Mar 2026 stood at 19.35% (up 3107.0% YoY), while the FY2025 annual figure was 16.75%, down 542.0% from the prior year.
- Tax Rate came in at 7.76% for Q1 2026 at Workiva, up from 6.13% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 7.76% in Q1 2026 to a low of 55.23% in Q4 2023.
- A 5-year average of 9.88% and a median of 5.98% in 2024 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate tumbled 4633 bps in 2023 and soared 4519 bps in 2025, its largest moves.
- Workiva's Tax Rate stood at 8.91% in 2022, then sank by 520 bps to 55.23% in 2023, then rose by 29 bps to 39.06% in 2024, then jumped by 116 bps to 6.13% in 2025, then increased by 26 bps to 7.76% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 7.76%, 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 | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 25.31 |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn | 39.11 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 8.36 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 30.31 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 21.59 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 22.01 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 23.68 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 24.29 |
| 10 | Workiva | 2.86 Bn | 2.00 Bn | 198.76 Mn | 7.76 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.76 |
| Mar 31, 2026 | 7.76 |
| Dec 31, 2025 | 6.13 |
| Dec 31, 2025 | 6.13 |
| Sep 30, 2025 | -28.98 |
| Sep 30, 2025 | -28.98 |
| Jun 30, 2025 | -9.41 |
| Jun 30, 2025 | -9.41 |
| Mar 31, 2025 | -9.78 |
| Mar 31, 2025 | -9.78 |
| Dec 31, 2024 | -39.06 |
| Dec 31, 2024 | -39.06 |
| Sep 30, 2024 | -5.98 |
| Sep 30, 2024 | -5.98 |
| Jun 30, 2024 | -9.03 |
| Jun 30, 2024 | -9.03 |
| Mar 31, 2024 | -6.50 |
| Mar 31, 2024 | -6.50 |
| Dec 31, 2023 | -55.23 |
| Dec 31, 2023 | -55.23 |
| Sep 30, 2023 | -0.95 |
| Sep 30, 2023 | -0.95 |
| Jun 30, 2023 | -4.08 |
| Jun 30, 2023 | -4.08 |
| Mar 31, 2023 | -1.28 |
| Mar 31, 2023 | -1.28 |
| Dec 31, 2022 | -8.91 |
| Dec 31, 2022 | -8.91 |
| Sep 30, 2022 | -1.60 |
| Sep 30, 2022 | -1.60 |
| Jun 30, 2022 | -1.51 |
| Jun 30, 2022 | -1.51 |
| Mar 31, 2022 | 0.47 |
| Mar 31, 2022 | 0.47 |
| Dec 31, 2021 | 3.53 |
| Dec 31, 2021 | 3.53 |
| Sep 30, 2021 | 11.87 |
| Sep 30, 2021 | 11.87 |
| Jun 30, 2021 | -4.02 |
| Jun 30, 2021 | -4.02 |
| Mar 31, 2021 | 4.30 |
| Mar 31, 2021 | 4.30 |
| Dec 31, 2020 | 7.42 |
| Dec 31, 2020 | 7.42 |
| Sep 30, 2020 | -0.65 |
| Sep 30, 2020 | -0.65 |
| Jun 30, 2020 | 0.03 |
| Jun 30, 2020 | 0.03 |
| Mar 31, 2020 | -2.85 |
| Mar 31, 2020 | -2.85 |
| Dec 31, 2019 | -0.24 |
| Dec 31, 2019 | -0.24 |
| Sep 30, 2019 | -0.62 |
| Sep 30, 2019 | -0.62 |
| Jun 30, 2019 | 0.10 |
| Jun 30, 2019 | 0.10 |
| Mar 31, 2019 | -0.15 |
| Mar 31, 2019 | -0.15 |
| Dec 31, 2018 | -2.71 |
| Dec 31, 2018 | -2.71 |
| Sep 30, 2018 | -0.16 |
| Sep 30, 2018 | -0.16 |
| Jun 30, 2018 | -0.10 |
| Jun 30, 2018 | -0.10 |
| Mar 31, 2018 | -0.05 |
| Mar 31, 2018 | -0.05 |
| Dec 31, 2017 | 0.04 |
| Dec 31, 2017 | 0.04 |
| Sep 30, 2017 | -0.18 |
| Sep 30, 2017 | -0.18 |
| Jun 30, 2017 | -0.32 |
| Jun 30, 2017 | -0.32 |
| Mar 31, 2017 | -0.15 |
| Mar 31, 2017 | -0.15 |
| Dec 31, 2016 | -0.01 |
| Dec 31, 2016 | -0.01 |
| Sep 30, 2016 | 0.06 |
| Sep 30, 2016 | 0.06 |
| Jun 30, 2016 | -0.10 |
| Jun 30, 2016 | -0.10 |
| Mar 31, 2016 | -0.16 |
| Mar 31, 2016 | -0.16 |
| Dec 31, 2015 | -0.02 |
| Dec 31, 2015 | -0.02 |
| Sep 30, 2015 | 0.21 |
| Sep 30, 2015 | 0.21 |
| Jun 30, 2015 | -0.97 |
| Jun 30, 2015 | -0.97 |
| Mar 31, 2015 | 1.12 |
| Mar 31, 2015 | 1.12 |
| Dec 31, 2014 | -0.25 |
| Dec 31, 2014 | -0.25 |