Workiva (NYSE:WK – Get Free Report) updated its third quarter 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.790-0.820 for the period, compared to the consensus earnings per share estimate of 0.570. The company issued revenue guidance of $260.0 million-$262.0 million, compared to the consensus revenue estimate of $261.8 million. Workiva also updated its FY 2026 guidance to 3.380-3.390 EPS.
Workiva Stock Down 0.1%
Shares of Workiva stock traded down $0.05 during trading on Tuesday, reaching $61.15. The company’s stock had a trading volume of 1,023,593 shares, compared to its average volume of 1,006,947. Workiva has a 52-week low of $43.34 and a 52-week high of $97.10. The company has a market cap of $3.43 billion, a price-to-earnings ratio of 265.87 and a beta of 0.46. The firm’s 50-day moving average is $51.58 and its two-hundred day moving average is $58.12.
Workiva (NYSE:WK – Get Free Report) last issued its earnings results on Tuesday, August 4th. The software maker reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.13. The company had revenue of $255.29 million for the quarter, compared to analysts’ expectations of $251.16 million. Workiva had a net margin of 1.53% and a negative return on equity of 68.43%. The firm’s revenue was up 18.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.19 EPS. Workiva has set its FY 2026 guidance at 3.380-3.390 EPS and its Q3 2026 guidance at 0.790-0.820 EPS. On average, equities research analysts anticipate that Workiva will post 0.92 EPS for the current year.
Analysts Set New Price Targets
Read Our Latest Analysis on Workiva
Insiders Place Their Bets
In other Workiva news, Director Robert H. Herz sold 1,000 shares of the business’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $49.69, for a total transaction of $49,690.00. Following the transaction, the director directly owned 34,802 shares of the company’s stock, valued at approximately $1,729,311.38. The trade was a 2.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 4.77% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd bought a new position in Workiva in the fourth quarter worth $26,000. Quarry LP increased its stake 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 acquiring an additional 325 shares in the last quarter. Allworth Financial LP lifted its position in Workiva by 82.3% during 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 period. Kestra Advisory Services LLC purchased a new position in Workiva during the 4th quarter valued at about $93,000. Finally, Smartleaf Asset Management LLC boosted its stake in Workiva by 40.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,797 shares of the software maker’s stock worth $155,000 after acquiring an additional 521 shares in the last quarter. Hedge funds and other institutional investors own 92.21% of the company’s stock.
About Workiva
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.
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