I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2025 Q4, the actual value is USD 238.94 M, beating the estimate of USD 235.13 M.
EPS: As of FY2025 Q4, the actual value is USD 0.2, beating the estimate of USD 0.0833.
EBIT: As of FY2025 Q4, the actual value is USD 2.433 M.
Fourth Quarter 2025 Financial Results
Workiva Inc.’s subscription and support revenue was $219 million, an increase of 21% compared to the fourth quarter of 2024, while professional services revenue was $20 million, a slight increase from the fourth quarter of 2024.GAAP operating margin was 3.4% in the fourth quarter of 2025, compared to -6.6% in the prior year’s fourth quarter, and non-GAAP operating margin was 19.1% in the fourth quarter of 2025, compared to 7.4% in the fourth quarter of 2024.GAAP net income for the fourth quarter of 2025 was $12 million, compared with a net loss of - $9 million for the prior year’s fourth quarter.Non-GAAP net income for the fourth quarter of 2025 was $50 million, compared with $19 million in the prior year’s fourth quarter.
Full Year 2025 Financial Results
Subscription and support revenue contributed $813 million, up 22% compared to 2024, and professional services revenue was $72 million, remaining relatively flat compared to the prior year.GAAP operating margin for 2025 was -4.8%, compared to -10.3% in the prior year, and non-GAAP operating margin was 9.9% in 2025, up from 4.3% in 2024.GAAP net loss for 2025 was - $26 million, compared with a net loss of - $55 million in the prior year.Non-GAAP net income for 2025 was $104 million, compared with $54 million in the prior year.Net cash provided by operating activities was $140 million in 2025, compared to $88 million in 2024.Free cash flow was $138 million in 2025, compared to $86 million in 2024.Operating cash flow margin was 15.8% in 2025, while free cash flow margin was 15.6% in 2025.
Liquidity (as of December 31, 2025)
Workiva Inc. had cash, cash equivalents, and marketable securities totaling $892 million, an increase from $816 million as of December 31, 2024.The company had $71 million aggregate principal amount of 1.125% convertible senior notes due in 2026, $702 million aggregate principal amount of 1.250% convertible senior notes due in 2028, and $14 million of finance lease obligations outstanding.
Operational Metrics (as of December 31, 2025)
Workiva Inc. had 6,624 customers, a net increase of 319 customers from December 31, 2024.The gross retention rate was 97%, and the net retention rate was 113%.Workiva Inc. had 2,507 customers with an annual contract value (ACV) of more than $100,000, up 22% from 2,055 customers in 2024.There were 592 customers with an ACV of more than $300,000, up 42% from 416 customers in the fourth quarter of 2024.Additionally, 248 customers had an ACV of more than $500,000, an increase of 37% from 181 customers in the fourth quarter of 2024.
Share Repurchase Plan
Workiva Inc. repurchased $72 million worth of Class A common stock in 2025 under its 2024 share repurchase plan, including approximately 131,000 shares for $12 million during the fourth quarter of 2025.As of December 31, 2025, approximately $28 million remained available under the plan, and the board of directors authorized an additional $250 million for repurchase on February 16, 2026.
Financial Outlook
For the first quarter of 2026, Workiva Inc. expects total revenue to range from $244 million to $246 million, with GAAP operating margin between 2.7% and 3.3%, and non-GAAP operating margin between 15.5% and 16.0%.For the full year 2026, the company anticipates total revenue between $1.036 billion and $1.040 billion, with GAAP operating margin between 2.6% and 3.2%, and non-GAAP operating margin between 15.0% and 15.5%.Workiva Inc. also projects a free cash flow margin of approximately 19% for the full year 2026.