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Workiva (WK) Revenue & Revenue Breakdown

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Workiva Revenue Highlights

Latest Revenue (Y)

$738.68M

Latest Revenue (Q)

$177.50M

Main Segment (Y)

License and Service

Main Geography (Y)

Americas

Workiva Revenue by Period

Workiva Revenue by Year

DateRevenueChange
2024-12-31$738.68M17.24%
2023-12-31$630.04M17.13%
2022-12-31$537.88M21.34%
2021-12-31$443.29M26.08%
2020-12-31$351.59M18.03%
2019-12-31$297.89M21.91%
2018-12-31$244.34M17.55%
2017-12-31$207.87M16.36%
2016-12-31$178.65M22.97%
2015-12-31$145.27M28.91%
2014-12-31$112.69M32.35%
2013-12-31$85.15M60.85%
2012-12-31$52.94M256.15%
2011-12-31$14.86M-

Workiva generated $738.68M in revenue during NA 2024, up 17.24% compared to the previous quarter, and up 247.97% compared to the same period a year ago.

Workiva Revenue by Quarter

DateRevenueChange
2024-06-30$177.50M1.05%
2024-03-31$175.67M5.41%
2023-12-31$166.65M5.36%
2023-09-30$158.18M2.03%
2023-06-30$155.02M3.22%
2023-03-31$150.19M4.44%
2022-12-31$143.80M8.25%
2022-09-30$132.85M0.99%
2022-06-30$131.55M1.45%
2022-03-31$129.67M7.36%
2021-12-31$120.78M7.18%
2021-09-30$112.69M6.73%
2021-06-30$105.59M1.31%
2021-03-31$104.22M11.07%
2020-12-31$93.83M6.51%
2020-09-30$88.10M5.05%
2020-06-30$83.86M-2.26%
2020-03-31$85.80M6.90%
2019-12-31$80.27M8.20%
2019-09-30$74.18M0.95%
2019-06-30$73.48M5.03%
2019-03-31$69.96M8.58%
2018-12-31$64.44M5.85%
2018-09-30$60.87M2.95%
2018-06-30$59.13M-1.30%
2018-03-31$59.91M9.91%
2017-12-31$54.51M4.68%
2017-09-30$52.07M5.42%
2017-06-30$49.39M-4.84%
2017-03-31$51.90M11.92%
2016-12-31$46.37M3.72%
2016-09-30$44.71M3.95%
2016-06-30$43.01M-3.46%
2016-03-31$44.55M11.71%
2015-12-31$39.88M9.96%
2015-09-30$36.27M6.77%
2015-06-30$33.97M-3.37%
2015-03-31$35.15M16.68%
2014-12-31$30.13M7.92%
2014-09-30$27.92M5.30%
2014-06-30$26.51M-5.75%
2014-03-31$28.13M19.36%
2013-12-31$23.57M-

Workiva generated $177.50M in revenue during Q2 2024, up 1.05% compared to the previous quarter, and up 118.19% compared to the same period a year ago.

Workiva Revenue Breakdown

Workiva Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
XBRL Professional Services$58.79M$56.82M---
Other Services$12.24M$14.57M$18.04M$19.18M$17.68M
License and Service$667.65M$558.64M---
Professional Services--$72.94M$63.95M$55.72M

Workiva's latest annual revenue breakdown by segment (product or service), as of Dec 24: License and Service (90.38%), XBRL Professional Services (7.96%), and Other Services (1.66%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
Other Services$3.52M$2.88M$2.74M$3.10M$3.76M$3.20M$3.82M$3.79M$4.88M$3.62M$4.68M$4.86M$5.29M$4.78M$4.31M$4.80M$4.38M$4.45M$4.85M$4.01M
License and Service$180.90M$171.03M$160.74M$154.98M$148.79M$143.42M$136.77M$129.66M$125.87M$118.59M$113.35M$107.12M$104.29M$98.91M$91.20M$84.94M$80.97M$75.85M$70.70M$68.36M
XBRL Professional Services$15.47M$11.70M$14.03M$17.59M$14.10M$11.55M$14.43M$16.73M$13.05M$10.63M$13.52M$17.69M$11.21M$9.00M$10.07M$14.49M$8.49M$7.80M$8.31M$13.43M
Professional Services--------$17.93M$16.50M$12.86M---------

Workiva's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: License and Service (90.50%), XBRL Professional Services (7.74%), and Other Services (1.76%).

Workiva Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 23Dec 22Dec 21Dec 20
Americas$545.77M$472.86M$67.31M$58.31M$51.14M
Other Countries, Excluding Americas$121.87M$85.78M$5.63M$5.63M$4.58M

Workiva's latest annual revenue breakdown by geography, as of Dec 24: Americas (81.75%), and Other Countries, Excluding Americas (18.25%).

Workiva Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
PLUSePlus$2.21B-
BSYBentley Systems$1.35B$335.17M
GWREGuidewire Software$980.50M$289.48M
ALRMAlarm.com$939.83M$240.50M
APPFAppFolio$794.20M$205.73M
PRGSProgress Software$753.41M$238.01M
WKWorkiva$738.68M$177.50M
PYCRPaycor HCM$654.95M$180.44M
BLBlackLine$653.34M$165.91M
BRZEBraze$593.41M$152.05M
NCNOnCino$540.66M$138.80M
ALKTAlkami$333.85M$85.91M
AGYSAgilysys$237.46M$69.56M
ONTFON24$148.08M$37.35M

WK Revenue FAQ

What is Workiva’s yearly revenue?

Workiva's yearly revenue for 2024 was $738.68M, representing an increase of 17.24% compared to 2023. The company's yearly revenue for 2023 was $630.04M, representing an increase of 17.13% compared to 2022. WK's yearly revenue for 2022 was $537.88M, representing an increase of 21.34% compared to 2021.

What is Workiva’s quarterly revenue?

Workiva's quarterly revenue for Q2 2024 was $177.5M, a 1.05% increase from the previous quarter (Q1 2024), and a 14.50% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $175.67M, a 5.41% increase from the previous quarter (Q4 2023), and a 16.96% increase year-over-year (Q1 2023). WK's quarterly revenue for Q4 2023 was $166.65M, a 5.36% increase from the previous quarter (Q3 2023), and a 15.89% increase year-over-year (Q4 2022).

What is Workiva’s revenue growth rate?

Workiva's revenue growth rate for the last 3 years (2022-2024) was 37.33%, and for the last 5 years (2020-2024) was 110.09%.

What are Workiva’s revenue streams?

Workiva's revenue streams in c 24 are XBRL Professional Services, Other Services, and License and Service. XBRL Professional Services generated $58.79M in revenue, accounting 7.96% of the company's total revenue, up 3.47% year-over-year. Other Services generated $12.24M in revenue, accounting 1.66% of the company's total revenue, down -15.99% year-over-year. License and Service generated $667.65M in revenue, accounting 90.38% of the company's total revenue, up 19.51% year-over-year.

What is Workiva’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Workiva was License and Service. This segment made a revenue of $667.65M, representing 90.38% of the company's total revenue.