| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | 18,996 | 11,816 | 2,786 | -40,771 |
| Depreciation and amortization | 2,516 | 2,461 | 2,687 | 5,842 |
| Stock-based compensation expense | 28,607 | 36,344 | 30,246 | 56,355 |
| (recovery of) provision for doubtful accounts | -118 | 72 | 59 | -345 |
| Accretion of premiums and discounts on marketable securities, net | 801 | 940 | 1,119 | 3,085 |
| Amortization of debt discount and issuance costs | 612 | 612 | 611 | 1,221 |
| Induced conversion expense | NaN | 0 | NaN | NaN |
| Realized loss on sale of available-for-sale securities, net | NaN | 0 | NaN | NaN |
| Gain on lease modification | 307 | NaN | NaN | NaN |
| Deferred income tax | -269 | -321 | 2 | -77 |
| Accounts receivable | -30,156 | 24,357 | 23,250 | -30,132 |
| Deferred costs | -2,878 | 15,096 | 2,717 | -4,081 |
| Operating lease right-of-use assets | -1,260 | -1,500 | -1,430 | -2,706 |
| Other receivables | -2,439 | 229 | 714 | -935 |
| Prepaid expenses and other | 5,221 | 3,162 | 459 | 2,462 |
| Other assets | -1,233 | 1,047 | 47 | -738 |
| Accounts payable | 1,971 | -2,314 | 69 | 2,896 |
| Deferred revenue | -33,255 | 55,862 | 35,855 | -3,014 |
| Operating lease liabilities | -1,167 | -1,230 | -973 | -1,918 |
| Accrued expenses and other liabilities | -23,054 | -9,009 | 1,689 | -10,281 |
| Net cash provided by (used in) operating activities | 26,476 | 50,962 | 46,155 | 42,953 |
| Purchase of property and equipment | 728 | 226 | 91 | 1,758 |
| Sale of marketable securities | NaN | 2,533 | 0 | 0 |
| Purchase of marketable securities | 91,501 | 112,221 | 107,321 | 205,950 |
| Maturities of marketable securities | 114,350 | 98,771 | 97,350 | 194,352 |
| Acquisitions, net of cash acquired | 750 | 0 | 0 | 0 |
| Purchase of intangible assets | 26 | 286 | 45 | 60 |
| Net cash provided by (used in) investing activities | 21,345 | -11,429 | -10,107 | -13,416 |
| Proceeds from option exercises | 729 | 3,346 | 440 | 2,434 |
| Taxes paid related to net share settlements of stock-based compensation awards | 8,662 | 9,154 | 29 | 13,491 |
| Proceeds from shares issued in connection with employee stock purchase plan | 8,052 | 0 | 6,163 | 7,535 |
| Repurchases of class a common stock | 50,000 | 11,507 | 10,001 | 50,120 |
| Proceeds from the issuance of convertible senior notes, net of issuance costs | NaN | 0 | NaN | NaN |
| Payments for repurchase of convertible senior notes | NaN | 0 | NaN | NaN |
| Principal payments on finance lease obligations | 150 | 142 | 141 | 277 |
| Net cash used in financing activities | -50,031 | -17,457 | -3,568 | -53,919 |
| Effect of foreign exchange rates on cash | -2,299 | 779 | -819 | 6,997 |
| Net decrease in cash, cash equivalents, and restricted cash | -4,509 | 22,855 | 31,661 | -17,385 |
| Cash, cash equivalents, and restricted cash at beginning of period | 339,481 | 316,626 | 302,350 | NaN |
| Cash, cash equivalents, and restricted cash at end of period | 334,972 | 339,481 | 316,626 | NaN |
WORKIVA INC (WK)
WORKIVA INC (WK)