WK
Workiva Inc.

Workiva Inc.WK

Technology · Software - Application
67.32USD
+3.35%
Sep 25, 2026
WK overview ready
SaaS Leader Enabling Connected, Audit-Ready Cloud Reporting and Compliance
Workiva is a direct SaaS provider of connected reporting, disclosure, sustainability-management and GRC workflows for finance, sustainability, risk and audit teams.
Narrative is still early
Exposed to the Corporate Reporting and Compliance Modernization narrative through Cloud Corporate Reporting, Controls and Disclosure Automation — pure play.
Advancing price action
Longer-term context reads early recovery, with a near-term setup of reclaim attempt.
Attractive valuation
Current market expectations look undemanding relative to how much growth and cash flow it delivers per turn of revenue multiple.
Solid fundamentals
Free cash flow yield is strong.
Primary risk
Competition from larger enterprise software providers.
Market Aug 10Filing Jun 30Price action Aug 9Research Sep 8

Conviction Level

NarrativeHeat—ThemeHeat5.1PriceAction9.1Valuation8.6CompanyPosition7.3
Price
Loading price history…

Price Action

Advancing price action
Longer-term context reads early recovery, with a near-term setup of reclaim attempt.
EntryReset + recovery

The stock is still rebuilding below its long-term weekly base, and the recent reset toward the daily SMA200 aligned with support at the weekly EMA21. Daily structure is recovering above the fast averages, improving the current entry location.

Key Financials

Market Cap
$3.4B
Avg Volume (60D)
920.1K
60 sessions
Revenue Growth YoY
+19.7%
FY2025 vs FY2024
Gross Margin
+80.2%
Trailing twelve months
Operating Margin
+3.3%
Trailing twelve months
Free Cash Flow Yield
+5.3%
P/E
79.9x
EV / EBITDA
86.6x
EV / Sales
3.8x
Market metrics as of Aug 10, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

Two of the three valuation perspectives say cheap; peers is the dissenting view.
Workiva Inc. has a Cheap valuation stance because current market expectations look undemanding relative to how much growth and cash flow it delivers per turn of revenue multiple.

Company Research

Thesis
Workiva is a direct SaaS provider of connected reporting, disclosure, sustainability-management and GRC workflows for finance, sustainability, risk and audit teams. WK has a genuine, company-independent thematic fit to modernization of mandatory corporate reporting and audit-ready compliance workflows.
Opportunity
Moderate opportunity
Enterprise adoption of connected, audit-ready cloud systems that automate financial reporting, regulated disclosures, sustainability reporting, controls, and the evidence trails supporting assurance.
Key risk
Competition from larger enterprise software providers.

Narrative & Theme

Corporate Reporting and Compliance Modernization
Part of Cloud Corporate Reporting, Controls and Disclosure Automation, with moderate fit.
WK has a genuine, company-independent thematic fit to modernization of mandatory corporate reporting and audit-ready compliance workflows.
Narrative HeatNeutral4.8 / 10
This reading is no longer current (last measured 2026-09-08). It is kept until the next scheduled measurement replaces it.
Theme HeatNeutral5.1 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Technology · Software - Application
What they do

Workiva Inc. provides cloud-based reporting software that links, manages, and transforms data from various enterprise systems to streamline reporting and compliance processes for organizations.

How it earns

The company generates revenue primarily through subscription-based access to its multi-tenant cloud platform.

Products & services
Workiva platform
Data-linking capabilities
Audit trail services
Administrator access management
Customers & end markets
Public companies
Private companies
Government agencies
Higher-education institutions
Market position

Workiva is a recognized leader in cloud-based reporting and compliance software solutions.

Demand drivers
Low cyclicality

Demand for compliance and reporting software is relatively stable and driven by regulatory requirements rather than economic cycles.