← WORKIVA INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($44.0m) |
($44.4m)
-1.02%
|
($50.1m)
-12.71%
|
($48.1m)
+3.87%
|
($48.4m)
-0.55%
|
($37.7m)
+22.04%
|
($90.9m)
-141.05%
|
($127.5m)
-40.22%
|
($55.0m)
+56.84%
|
($26.2m)
+52.46%
|
— | |
| Depreciation, Depletion and Amortization | $3.8m | $3.5m | $3.8m | $4.2m | $4.3m | $5.2m | $10.2m | $11.1m | $11.0m | $11.0m | $10.6m | |
| Amortization of Debt Issuance Costs | — | $0 | $0 | $362k | $988k | $1.0m | $1.3m | $1.7m | $2.4m | $2.4m | — | |
| Amortization of Debt Issuance Costs and Discounts | — | $0 | $0 | $3.3m | $8.9m | $9.2m | $1.3m | $1.7m | $2.4m | $2.4m | — | |
| Amortization of Intangible Assets | — | — | — | — | — | $1.1m | $5.3m | $6.2m | $6.7m | $7.2m | — | |
| Depreciation | $3.7m | $3.4m | $3.4m | $3.7m | $3.8m | $4.1m | $4.8m | $4.8m | $4.3m | $3.8m | $10.6m | |
| Deferred Income Tax Expense (Benefit) | ($32k) | $0 | ($4k) | ($172k) | ($263k) | ($1.9m) | $600k | ($48k) | ($642k) | ($363k) | ($581k) | |
| Share-based Payment Arrangement, Noncash Expense | $14.2m | $19.5m | $30.8m | $35.8m | $45.8m | $48.6m | $70.7m | $98.8m | $102.2m | $122.9m | $124.9m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $761k | $1.1m | $1.9m | $390k | $13.7m | $27.1m | $12.5m | $9.5m | $11.5m | $22.7m | — | |
| Share-based Payment Arrangement, Expense | $14.2m | $19.5m | $30.8m | $35.8m | $45.8m | $48.6m | $70.7m | $98.8m | $102.2m | $122.9m | $124.9m | |
| Nonoperating Income (Expense) | $1.5m | $1.8m | $1.8m | — | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | $6k | ($9k) | $224k | ($564k) | ($205k) | $3.2m | $926k | ($1.8m) | $563k | ($1.4m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $7.1m | $5.5m | $20.2m | ($5.2m) | $8.0m | $7.7m | $28.9m | $18.3m | $24.4m | $17.5m | ($27.6m) | |
| Accounts Receivable, Credit Loss Expense (Reversal) | $185k | ($517k) | $550k | ($92k) | ($159k) | ($125k) | $156k | $410k | $39k | ($214k) | ($27.6m) | |
| Increase (Decrease) in Accounts Payable | ($3.9m) | $2.2m | $1.7m | $2.2m | ($4.1m) | $972k | $2.4m | ($1.0m) | $2.4m | $651k | $959k | |
| Purchases of property and equipment, accrued but unpaid | $1.9m | $1.2m | $1.1m | $3.1m | $1.9m | $3.5m | $3.5m | $2.1m | $1.4m | $2.1m | ($1.8m) | |
| Net Cash Provided by (Used in) Operating Activities | ($10.4m) |
$5.5m
+153.24%
|
$6.4m
+15.94%
|
$30.6m
+377.59%
|
$33.2m
+8.76%
|
$49.8m
+49.94%
|
$11.3m
-77.26%
|
$70.9m
+525.33%
|
$87.7m
+23.75%
|
$140.1m
+59.70%
|
$201.9m
+44.14%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $1.9m | $1.2m | $1.1m | $3.1m | $1.9m | $3.5m | $3.5m | $2.1m | $1.4m | $2.1m | ($1.8m) | |
| Debt Securities, Available-for-sale, Allowance for Credit Loss, Not Previously Recorded | ($6k) | — | — | — | — | $0 | $0 | $0 | $0 | $0 | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | ($6k) | — | — | — | — | $0 | $0 | ($708k) | $0 | $0 | — | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | — | $9.3m | $20.4m | $26.8m | $62.9m | $143.2m | $150.6m | $153.4m | $452.0m | $390.5m | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | $37.5m | $99.2m | $0 | $98.1m | $0 | ($750k) | |
| Net Cash Provided by (Used in) Investing Activities | $3.8m | ($6.5m) | ($5.6m) | ($90.1m) | ($103.8m) | ($68.6m) | ($68.0m) | ($357.3m) | ($45.2m) | ($35.0m) | ($34.5m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | $0 | — | — | — | — | — | — | — | — | — | — | |
| Induced Conversion of Convertible Debt Expense | — | — | — | — | — | $0 | $0 | $45.1m | $0 | $0 | — | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | — | — | — | $71.6m | — | |
| Net Cash Provided by (Used in) Financing Activities | ($895k) |
$9.8m
+1197.43%
|
$16.9m
+71.82%
|
$363.4m
+2053.18%
|
$11.1m
-96.94%
|
($3.4m)
-130.47%
|
($1.6m)
+53.16%
|
$301.3m
+19083.30%
|
$6.7m
-97.76%
|
($74.9m)
-1211.76%
|
($195.6m)
-160.93%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($7.5m) | $9.1m | $17.3m | $304.2m | ($58.9m) | ($22.4m) | ($60.2m) | $16.5m | $45.6m | $37.1m | $256.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($7.5m) | $9.1m | $77.6m | $381.7m | $322.8m | $300.4m | $240.2m | $256.7m | $302.4m | $339.5m | $256.8m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($10k) | $183k | ($393k) | $287k | $478k | ($270k) | ($1.9m) | $1.6m | ($3.6m) | $7.0m | ($3.6m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | $1.6m | $12.5m | $16.7m | $24.2m | $19.2m | $16.6m | $3.3m | $4.5m | $4.9m | $6.2m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $1.8m | $1.6m | $1.7m | $1.7m | $5.1m | $4.8m | $4.7m | $4.7m | $10.3m | $10.3m | — | |
| Income Taxes Paid, Net | $47k | $42k | $67k | $371k | $679k | ($41k) | $1.4m | $2.7m | $6.2m | $5.5m | — | |
| Noncash investing and financing activities: | ||||||||||||
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | $67k | ($372k) | $289k | ($609k) | — | — | — | — | — | — | — | |
| General and Administrative Expense | $32.7m | $39.6m | $56.3m | $48.4m | $59.7m | $74.3m | $99.8m | $110.5m | $103.0m | $112.9m | — | |
| Goodwill | — | — | — | — | — | $34.6m | $109.7m | $112.1m | $196.8m | $206.2m | — | |
| Income Tax Expense (Benefit) | $24k | $61k | $247k | $139k | ($291k) | ($1.4m) | $1.9m | $3.4m | $5.6m | $3.8m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $12.9m | $12.8m | — | |
| Investment Income, Interest | — | — | — | $4.7m | $3.3m | $1.0m | $4.9m | $25.9m | $39.4m | $34.2m | — | |
| Operating Expenses | $170.6m | $191.9m | $228.3m | $258.6m | $299.2m | $368.8m | $496.8m | $570.3m | $643.2m | $736.6m | — | |
| Unrealized Gain (Loss) on Derivatives | $0 | — | — | — | — | — | — | — | — | — | — |