WORKIVA INC: management transactions · United States · SEC (Form 4)

About WORKIVA INC

Workiva Inc. (NYSE: WK) is a U.S.-listed software company focused on SaaS solutions for financial reporting, sustainability, and governance, risk and compliance (GRC). Founded in 2008 by software and business veterans, the company launched its first cloud solution in 2010 and has since evolved into a unified, collaborative, secure platform built for accounting, finance, audit, risk, and sustainability teams. Its operational headquarters are in Ames, Iowa, United States. At the core of Workiva’s business is an AI-powered trust platform that connects data, workflows, and people in a controlled, audit-ready environment. The company’s software helps customers prepare, review, certify, and publish reports, presentations, and disclosures with better traceability, consistency, and governance. Workiva organizes its commercial efforts around three primary solution areas: financial reporting, sustainability management, and GRC. This positioning gives the company exposure to structural enterprise spending on digitization, controls automation, and disclosure management, especially within the Office of the CFO. From a competitive standpoint, Workiva occupies a recognized niche in a market that is increasingly strategic as reporting requirements become more complex and multi-dimensional. The company says it serves more than 6,600 organizations worldwide, including over 85% of the Fortune 1,000, which illustrates strong penetration among large enterprises and major public companies. Its business model is predominantly recurring, with subscription and support representing the bulk of revenue, supporting revenue visibility and customer stickiness. Recent developments underscore continued momentum. In the first quarter of 2026, Workiva reported total revenue of $247 million, up 20% year over year, with subscription and support revenue growing 21%. The company also disclosed 6,665 customers as of March 31, 2026, a 97% gross retention rate, and a 112% net retention rate. Workiva repurchased $50 million of Class A shares during the quarter under its buyback plan, while continuing to invest in AI capabilities and international expansion, including APJ leadership additions. For French-speaking investors, Workiva stands out as a high-quality growth software name listed on the NYSE in the United States, combining recurring revenues, large-enterprise adoption, and exposure to long-term secular trends in transparency, compliance, and digital reporting.