Overview
Workiva Inc. (NYSE:WK) posted second‑quarter 2026 results that topped analyst expectations. Adjusted earnings per share were $0.77, exceeding the consensus estimate of $0.64 by $0.13. Revenue for the quarter was $255.29 million, beating the $251.15 million forecast and representing a 19 % increase over the $215 million recorded in the same quarter of 2025.
Guidance
For the third quarter, Workiva guided revenue to a range of $260 million to $262 million, with a midpoint of $261 million, slightly below the analyst consensus of $261.9 million. Adjusted EPS for Q3 was projected at $0.79 to $0.82, well above the consensus of $0.68. For the full fiscal year 2026, the company forecast revenue of $1.040 billion to $1.044 billion (midpoint $1.042 billion), essentially in line with the consensus of $1.039 billion, and adjusted EPS of $3.38 to $3.39, markedly higher than the analyst estimate of $2.91.
Profitability
Adjusted operating margin expanded to 16.8 % in Q2, up from 3.8 % in Q2 2025, a 1,300‑basis‑point improvement. GAAP operating margin was 4.6 %, compared with a loss of 10.2 % in the comparable prior‑year period.
Share Repurchase and Customer Base
During the quarter, Workiva repurchased $123 million of Class A common stock, acquiring approximately 2.5 million shares. The company reported a customer base of 6,750 as of June 30 2026, a net increase of 283 customers year‑over‑year.
Market Reaction
Following the release, Workiva’s shares fell 8.6 % in after‑hours trading.
Management Comment
Julie Iskow, President and Chief Executive Officer, said the quarter demonstrated “strong financial performance and continued proof that Workiva is the platform CFOs trust in the AI era,” noting the company beat the high end of its revenue guidance with 19 % growth in both subscription and total revenue while rapidly expanding margins.