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Workiva (WK) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

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Workiva (WK - Free Report) reported $247.31 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 19.9%. EPS of $0.77 for the same period compares to $0.14 a year ago.

The reported revenue represents a surprise of +0.9% over the Zacks Consensus Estimate of $245.1 million. With the consensus EPS estimate being $0.66, the EPS surprise was +17.25%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Workiva performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Revenue- Subscription and support: $225.36 million versus the three-analyst average estimate of $224.47 million. The reported number represents a year-over-year change of +21.5%.
  • Revenue- Professional Services: $21.95 million versus the two-analyst average estimate of $20.6 million. The reported number represents a year-over-year change of +5.7%.
  • Gross profit- Professional services (non-GAAP): $9.78 million versus the two-analyst average estimate of $8.13 million.
  • Gross profit- Subscription and support (non-GAAP): $194.02 million versus the two-analyst average estimate of $190.19 million.

View all Key Company Metrics for Workiva here>>>

Shares of Workiva have returned -5.3% over the past month versus the Zacks S&P 500 composite's +9.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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