Workiva (WK) Tax Rate (2014 - 2026)
Workiva's (WK) quarterly Tax Rate came in at 7.76% in Q1 2026, up 1753.0% year-on-year from 0.42% in Q1 2025, and up 26.47% quarter-over-quarter from 6.13% in Q4 2025.
Workiva (WK) Tax Rate (2014 - 2026) Analysis & Trends
Workiva has disclosed Tax Rate across 13 years of filings, most recently posting 7.76% for Q1 2026.
- Tax Rate for Q1 2026 came in at 7.76%, up 1753.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.35% (up 3107.0% YoY), and the FY2025 annual result 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.
- The 5-year median for Tax Rate is 5.98% (2024), against an average of 9.88%.
- Across the five-year window, Tax Rate plunged 4633 bps in 2023 and surged 4519 bps in 2025, its largest moves.
- Workiva's Tax Rate stood at 8.91% in 2022, then slumped 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 grew by 26 bps to 7.76% in 2026.
- The last three Tax Rate figures came in at 7.76% (Q1 2026), 6.13% (Q4 2025), and 28.98% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -18.42% |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 39.11% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 8.36% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 22.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 21.59% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 30.31% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 23.68% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 23.50% |
| 10 | Workiva | 2.78 Bn | 1.92 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% |