Workiva (NYSE:WK) Releases FY 2026 Earnings Guidance

Workiva (NYSE:WK) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 3.380-3.390 for the period, compared to the consensus earnings per share estimate of 2.510. The company issued revenue guidance of $1.0 billion-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion. Workiva also updated its Q3 2026 guidance to 0.790-0.820 EPS.

Workiva Price Performance

Shares of WK stock traded up $1.56 during trading hours on Wednesday, hitting $62.81. The stock had a trading volume of 590,952 shares, compared to its average volume of 1,003,847. The stock’s 50 day moving average is $51.82 and its 200 day moving average is $57.95. The firm has a market capitalization of $3.52 billion, a PE ratio of 273.22 and a beta of 0.46. Workiva has a twelve month low of $43.34 and a twelve month high of $97.10.

Workiva (NYSE:WK) last issued its quarterly earnings results on Tuesday, August 4th. The software maker reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.13. Workiva had a net margin of 1.53% and a negative return on equity of 68.43%. The firm had revenue of $255.29 million during the quarter, compared to analysts’ expectations of $251.16 million. During the same quarter in the prior year, the business earned $0.19 EPS. Workiva’s quarterly revenue was up 18.6% compared to the same quarter last year. Workiva has set its FY 2026 guidance at 3.380-3.390 EPS and its Q3 2026 guidance at 0.790-0.820 EPS. As a group, equities analysts predict that Workiva will post 0.92 earnings per share for the current year.

Wall Street Analysts Forecast Growth

WK has been the subject of several recent research reports. Stifel Nicolaus set a $70.00 price target on Workiva in a report on Wednesday. BTIG Research reduced their target price on shares of Workiva from $80.00 to $70.00 and set a “buy” rating for the company in a research note on Wednesday. Stephens reiterated an “overweight” rating and set a $68.00 price target on shares of Workiva in a research note on Tuesday, May 26th. Wall Street Zen raised shares of Workiva from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 25th. Finally, Zacks Research downgraded shares of Workiva from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Ten equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $84.75.

Insider Activity at Workiva

In related news, Director Robert H. Herz sold 1,000 shares of the firm’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $49.69, for a total value of $49,690.00. Following the completion of the sale, the director owned 34,802 shares in the company, valued at $1,729,311.38. This trade represents a 2.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 4.77% of the stock is owned by company insiders.

Key Stories Impacting Workiva

Here are the key news stories impacting Workiva this week:

• Positive Sentiment: Workiva reported second-quarter EPS of $0.77, exceeding the $0.64 analyst consensus and rising sharply from $0.19 a year earlier. Revenue increased 18.6% year over year to $255.29 million, topping estimates of $251.16 million. Workiva Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management issued significantly stronger earnings guidance: third-quarter EPS is expected at $0.79-$0.82 versus the $0.57 consensus, while full-year 2026 EPS guidance is $3.38-$3.39 versus expectations of $2.51. Workiva Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Workiva expects 2026 revenue of approximately $1.040 billion-$1.044 billion and is targeting an approximately 18% non-GAAP operating margin, signaling continued growth alongside improving profitability. Workiva 2026 Revenue and Margin Outlook
• Neutral Sentiment: Despite the earnings and guidance beats, reports indicate the stock declined after the release, suggesting investors may have been looking for an even stronger outlook or were taking profits after the announcement. Workiva Exceeds Q2 Expectations but Stock Drops
• Negative Sentiment: BTIG Research lowered its Workiva price target from $80 to $70, although it maintained a Buy rating. The reduced target could weigh on sentiment even though it still implies meaningful upside from recent trading levels. BTIG Research Price Target Update

Institutional Investors Weigh In On Workiva

A number of institutional investors and hedge funds have recently modified their holdings of WK. Caitong International Asset Management Co. Ltd purchased a new stake in Workiva during the fourth quarter worth $26,000. Quarry LP boosted its position in shares of Workiva by 396.3% in the 4th quarter. Quarry LP now owns 407 shares of the software maker’s stock worth $35,000 after buying an additional 325 shares in the last quarter. Allworth Financial LP grew its stake in Workiva by 82.3% in the 3rd quarter. Allworth Financial LP now owns 412 shares of the software maker’s stock valued at $35,000 after acquiring an additional 186 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in Workiva in the 4th quarter valued at about $93,000. Finally, Smartleaf Asset Management LLC increased its holdings in Workiva by 40.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,797 shares of the software maker’s stock valued at $155,000 after acquiring an additional 521 shares in the last quarter. Institutional investors and hedge funds own 92.21% of the company’s stock.

Workiva Company Profile

Workiva, originally founded as WebFilings in 2008, delivers a cloud-native platform designed to streamline and connect data, documents and teams for reporting and compliance. Its flagship Workiva platform supports a range of applications including financial reporting, regulatory filings, internal controls documentation, risk management and environmental, social and governance (ESG) disclosures. By centralizing data and automating workflows, the company helps organizations improve accuracy, transparency and auditability across critical reporting processes.

The Workiva platform offers modular solutions that integrate with existing enterprise systems and data sources.