Workiva Inc - Company Profile

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Business Description

Workiva Inc (Workiva) is engaged in providing solutions for transparent reporting. It offers a unified software-as-a-service (SaaS) platform that provides customers’ financial reporting, environmental, social, and governance (ESG), and governance, risk, and compliance (GRC) in a controlled, secure, and audit-ready platform.

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R&D Overview

Workiva’s R&D arm focuses on developing new and innovative solutions; validation of its platform; fit-for-purpose solutions and increasing the platform's openness and extensibility. The company also focuses on investing in R&D to increase the platform's functionality, broaden its platform capabilities, strengthen its existing solutions, enhance user experience and ecosystem with integrations, and develop new solutions. As of December 2024, the company had 86 issued patents and 13 pending patent applications relating to the platform. In FY2024, the company incurred expenses of US$192.9 million on R&D, which as a percentage of revenue, stood at 26.1%.



Other Break-up

Overview

Provides document set up, XBRL tagging, and consulting to help customers with business processes and best practices for using its platform.

Performance

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Overview

Provides subscription contracts to its customers to gain access to its platform. Generates revenue on a ratable basis throughout the duration of the contract, starting from the day it becomes accessible to the customer.

Performance

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Geographical Segments

Performance

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Performance

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Gain a 360-degree view of Workiva Inc and make more informed decisions for your business Gain a 360-degree view of Workiva Inc and make more informed decisions for your business Learn more
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