WORKIVA INC WK Income Statement

Workiva inc (WK)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13
Revenue
Total revenue
313,729	297,891	282,061	268,755	254,401	244,344	234,415	225,610	215,871	207,869	199,737	192,379	185,999	178,646	172,154	163,712	154,669	145,272	135,519	127,170	119,716	112,694	106,134	99,471	91,984	85,151	0	0	0
Cost of revenue
Cost of revenue
Total cost of revenue
87,872	85,012	79,358	73,266	68,885	65,860	64,555	64,548	62,538	60,245	57,364	54,446	52,737	51,625	49,430	46,472	43,648	40,204	39,152	37,915	36,073	33,878	30,405	27,882	25,845	24,649	0	0	0
Gross profit
225,857	212,879	202,703	195,489	185,516	178,484	169,860	161,062	153,333	147,624	142,373	137,933	133,262	127,021	122,724	117,240	111,021	105,068	96,367	89,255	83,643	78,816	75,729	71,589	66,139	60,502	0	0	0
Operating expenses
Research and development
90,904	89,921	87,478	84,563	83,486	81,602	79,699	77,242	72,763	68,172	63,835	60,650	58,458	57,438	56,401	54,825	52,974	50,466	48,881	47,290	45,866	44,145	40,903	38,558	36,308	34,116	0	0	0
Sales and marketing
131,052	120,300	109,579	100,657	94,696	90,337	89,275	88,919	86,454	84,161	80,408	79,050	79,091	80,466	80,902	79,451	75,952	69,569	65,000	60,345	56,763	53,498	49,917	45,412	42,293	41,067	0	0	0
General and administrative
51,445	48,380	44,673	44,520	54,948	56,333	57,557	54,652	41,941	39,594	35,168	34,224	33,163	32,695	33,388	32,526	30,935	28,716	25,975	23,394	22,289	19,783	17,812	17,263	15,059	14,601	0	0	0
Total operating expenses
273,401	258,601	241,730	229,740	233,130	228,272	226,531	220,813	201,158	191,927	179,411	173,924	170,712	170,599	170,691	166,802	159,861	148,751	139,856	131,029	124,918	117,426	108,632	101,233	93,660	89,784	0	0	0
Loss from operations
-47,544	-45,722	-39,027	-34,251	-47,614	-49,788	-56,671	-59,751	-47,825	-44,303	-37,038	-35,991	-37,450	-43,578	-47,967	-49,562	-48,840	-43,683	-43,489	-41,774	-41,275	-38,610	-32,903	-29,644	-27,521	-29,282	0	0	0
Interest income
5,871	4,657	3,028	1,909	1,547	1,278	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
9,480	6,366	3,312	1,801	1,817	1,827	1,798	1,814	1,840	1,845	1,849	1,847	1,840	1,875	1,928	1,960	2,005	2,025	2,280	2,486	2,289	2,044	1,288	843	621	366	0	0	0
Other income (expense), net
326	-564	59	-103	221	513	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income (expense), net
-	-	-	-	-	-	-	-	-	1,783	1,334	1,434	1,536	1,500	3,166	3,031	2,944	2,302	29	-201	-537	-468	-175	-49	73	104	0	0	0
Loss before provision for income taxes
-50,827	-47,995	-39,252	-34,246	-47,663	-49,824	-56,634	-59,735	-48,151	-44,365	-37,553	-36,404	-37,754	-43,953	-46,729	-48,491	-47,901	-43,406	-45,740	-44,461	-44,101	-41,122	-34,366	-30,536	-28,069	-29,544	0	0	0
Provision for income taxes
417	139	305	224	253	247	37	45	57	61	68	35	14	24	25	2	96	-7	23	54	-52	32	0	0	0	0	0	0	0
Net loss
-51,244	-48,134	-39,557	-34,470	-47,916	-50,071	-56,671	-59,780	-48,208	-44,426	-37,621	-36,439	-37,768	-43,977	-46,754	-48,493	-47,997	-43,399	-45,763	-44,515	-44,049	-41,154	-34,366	-30,536	-28,069	-29,544	0	0	0
Net loss per common share:
Basic and diluted (in dollars per share)
-0.22	-0.35	-0.34	-0.18	-0.17	-0.17	-0.25	-0.50	-0.22	-0.34	-0.34	-0.25	-0.14	-0.18	-0.32	-0.28	-0.30	-0.26	-0.37	-0.28	-0.19	-	-	-	-	-	-	-	-
Weighted-average common shares outstanding - basic and diluted (in shares)
47,545	47,058	46,731	46,166	45,229	44,472	43,973	43,234	42,858	42,108	41,815	41,429	41,108	40,872	40,762	40,593	40,451	40,204	39,980	39,627	39,593	-	-	-	-	-	-	-	-
Subscription and support
Total revenue
258,003	245,765	233,396	221,680	210,045	200,392	192,162	184,070	176,213	169,283	162,063	155,086	149,075	143,120	136,893	130,488	123,604	116,288	109,197	103,055	96,938	91,317	85,455	79,098	72,363	65,164	0	0	0
Total cost of revenue
45,225	42,881	39,572	36,787	35,222	34,215	34,357	34,690	33,811	32,646	31,111	29,333	28,614	27,895	26,442	25,067	23,592	22,559	22,865	22,933	22,398	21,182	19,264	17,828	16,406	15,129	0	0	0
Professional services
Total revenue
55,726	52,126	48,665	47,075	44,356	43,952	42,253	41,540	39,658	38,586	37,674	37,293	36,924	35,526	35,261	33,224	31,065	28,984	26,322	24,115	22,778	21,377	20,679	20,373	19,621	19,987	0	0	0
Total cost of revenue
42,647	42,131	39,786	36,479	33,663	31,645	30,198	29,858	28,727	27,599	26,253	25,113	24,123	23,730	22,988	21,405	20,056	17,645	16,287	14,982	13,675	12,696	11,141	10,054	9,439	9,520	0	0	0