Workiva

What Workiva does

Workiva (NYSE: WK) is a publicly traded cloud-based SaaS company founded in 2010 and headquartered in Ames, Iowa, that operates the Workiva Platform—a unified, AI-powered environment connecting financial reporting, sustainability management, and governance, risk, and compliance (GRC) workflows. The platform is built primarily on AWS and features a linked-data architecture where a single source of truth automatically updates across all connected documents with full audit trails, supporting XBRL and iXBRL tagging for regulatory filings. Workiva holds registered SEC filing agent status enabling direct EDGAR submission, and offers modules spanning SEC reporting, SOX compliance, internal audit, enterprise risk, CSRD/ESRS/ISSB-aligned sustainability disclosures, carbon accounting (Workiva Carbon), and end-to-end IPO workflows. The platform also includes Workiva AI, embedding generative AI, knowledge retrieval, and process automation capabilities purpose-built for regulated, audit-ready environments where outputs must be explainable and traceable.

The company serves over 6,600 organizations globally, including 85%+ of Fortune 1000 and 95% of Fortune 100 companies, with named customers spanning Chevron, Delta Air Lines, Colgate-Palmolive, Hershey, Nokia, Coca-Cola, T-Mobile, Google, Regions Bank, and Duke Energy. Approximately 92% of revenue is recurring subscription-based, with subscription revenue of $225M in Q1 2026 (up 21% YoY) and total Q1 2026 revenue of $247.3M (up 19.9% YoY). Annual recurring revenue reached $877.3M with 78.5% gross margin and net retention of 112.8-113%, indicating strong land-and-expand dynamics. Approximately 73% of subscription revenue comes from multi-solution customers, evidencing cross-sell depth.

Go-to-market is enterprise field sales supported by an extensive partner ecosystem—Deloitte (Global Partner of the Year for six consecutive years), KPMG, PwC, Accenture, Protiviti, RSM, and VantagePoint—with direct integration connectors to Workday, SAP, Oracle, Snowflake, BlackLine, and Microsoft ecosystems. Pricing is quote-based on organizational size and solution scope, billed annually. FY2025 revenue was approximately $885M with 20% YoY growth, and management has guided FY2026 revenue to $1.037-$1.041 billion (~18% growth). The company employs approximately 2,860 people across offices in the U.S., U.K., Netherlands, Australia, Singapore, Japan, and Brazil.

Name

Workiva

Legal name

Workiva Inc.

Website

https://workiva.com

Company type

Public

Founded year

2010

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Workiva is a cloud-based SaaS platform that unifies financial reporting, sustainability management, and GRC workflows for 6,600+ global organizations, including 85%+ of Fortune 1000 companies, generating approximately 92% recurring revenue with 112.8% net retention.

Ownership category

akta.pro rank

NAICS

Software Publishers (513210)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Compliance, GRC Workflow & Audit Automation Platforms (HDAEAHAL)

akta.pro secondary industries

Enterprise Work Management & Collaborative Workflow Platforms (HDAEAHAI), Cloud Compliance, Audit & Continuous Controls Monitoring (CCM/GRC) (HDABAHAI), Enterprise AI Governance, Risk & Compliance Platforms (Model Risk, Audit, Policies) (HDAEANAE), Work Management & Collaboration Suites (BPAMAMAG)

Keywords

• Financial reporting software
• Sustainability reporting platform
• Governance risk compliance
• SEC filing software
• ESG disclosure management

Headquarters

HQ city

Ames

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Subscription Revenue: Primary revenue stream from SaaS subscriptions. Workiva generates approximately 92% recurring revenue with 112.8% net retention rate, indicating strong land-and-expand dynamics. Subscription revenue grew 21% year-over-year to $225 million in Q1 2026.
2. Professional Services: Implementation, training, and consulting services delivered through partner network and direct professional services teams.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels8 records

Core offering

Workiva sells a cloud-based SaaS platform (the Workiva Platform) that enables enterprises to collect, manage, report, and analyze critical business data across financial reporting, sustainability/ESG, and governance, risk, and compliance (GRC) workflows in a single linked-data environment. The platform supports SEC and ESEF regulatory filings with built-in XBRL/iXBRL tagging, AI-powered drafting and analysis (Workiva AI), real-time multi-user collaboration, and direct EDGAR submission. Customers subscribe to annual enterprise contracts spanning one or more solution areas such as Financial Reporting, GRC, Sustainability Management, and Capital Markets/IPO solutions.

Product overview

Workiva is an AI-powered cloud reporting platform delivering unified solutions across four core areas: Financial Reporting (covering SEC reporting, annual/interim financial reporting, multi-entity consolidation, IPO/capital markets, XBRL/iXBRL tagging, and internal management reporting), Governance, Risk and Compliance (GRC) (covering controls management, SOX compliance, audit management, enterprise risk management, IT compliance, and policy management), Sustainability Management (covering carbon accounting, CSRD reporting, ISSB-aligned disclosures, ESRS framework mapping, and double materiality assessment), and AI capabilities (Workiva AI embedded across the platform for generative AI, knowledge retrieval, and process automation). The platform is built on a unified architecture that connects finance, risk, sustainability, and legal data with full auditability and traceability, supported by a global partner ecosystem and a marketplace of extensions. Key modules include IPO Solutions, FERC Reporting, IFRS 17, ESEF Reporting, SEDAR Reporting, and CASS Reporting, with Workiva Amplify serving as the company's global customer and partner event series.

Differentiator

Problem solved

Functional benefit

Brands

• Workiva AI: AI-powered intelligence built into the Workiva platform for finance, risk, and sustainability workflows
• Workiva Carbon
• Wdesk

Quantifiable outcome

• 208% 3-year ROI and 6-month payback period for composite organization
• +6 more outcomes

Named customers20 records

Segments8 records

Ideal customer profiles3 records

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration20 records

AI capability7 records

Feature5 records

Partnerships

16 partnerships are on record, tiered core, flagship and regional.

• EcoVadiscoreStrategic or Co-development Partner · 12 May 2026Strategic partnership to integrate EcoVadis' Carbon Data Network with Workiva Carbon platform, enabling mutual customers to access primary supplier carbon emissions data for Scope 3 greenhouse gas reporting with investor-grade accuracy. Collaboration aims to help enterprises move from industry averages to verified, audit-ready Scope 3 emissions data within a unified carbon and financial data environment.
• DeloitteflagshipImplementation/ SI/ Consulting PartnerGlobal strategic partnership with Deloitte for risk and financial advisory, helping organizations navigate business risks from strategic to regulatory. Deloitte won both APAC Partner of the Year and Global Partner of the Year for the sixth consecutive time in 2025. Deloitte collaborated on KPMG/Microsoft/Workiva joint offering for ESG and climate data management.
• KPMGflagshipImplementation/ SI/ Consulting PartnerAlliance providing organizations with solutions to optimize collaboration between compliance functions, improve risk management, and provide real-time monitoring. KPMG won APAC Innovation Partner of the Year and Americas Innovation Partner of the Year. KPMG developed risk-based capital model in Workiva for Hong Kong market.
• PwCflagshipImplementation/ SI/ Consulting PartnerStrategic alliance covering cloud and digital, ESG, cybersecurity, governance, risk, transformation, and tax services. PwC won Global Managed Service Partner of the Year and EMEA Partner of the Year. PwC operates global managed services for entity reporting and risk management using Workiva platform.
• WorkdaycoreTechnology or IntegrationTechnology partnership integrating Workday applications with Workiva connected reporting platform. Enables teams to modernize reporting, streamline risk and controls, and transform accounting and finance. Workday won Americas Technology Partner of the Year.
• Grant ThorntoncoreOthersAppointed as Workiva's new independent auditor through Audit Committee approval in Q1 2026, succeeding previous auditor.
• Deloitte & Touche LLPcoreImplementation/ SI/ Consulting PartnerDeloitte partnered with Workiva to support compliance functions as companies adopt the new AI-powered GRC platform, helping finance, audit, and risk teams transition from reactive compliance to proactive risk intelligence.
• AWS (Amazon Web Services)coreTechnology or IntegrationStrategic partnership with Amazon Web Services to help drive greater efficiency, security, innovation, and return on technology investment. Workiva platform is primarily built on AWS cloud infrastructure.
• OraclecoreTechnology or IntegrationSeamless integration to Oracle Cloud ERP via pre-built connector, enabling customers to connect Oracle financial data to Workiva reporting platform.
• SAPcoreTechnology or IntegrationIntegration partnership enabling Workiva to connect to SAP systems. SAP is the world's leader in enterprise applications, and Workiva provides pre-built connectors for SAP environments.
• MicrosoftcoreTechnology or IntegrationPartnership including Microsoft Cloud for Sustainability integration. Workiva connects with Microsoft ecosystem for ESG data and reporting capabilities.
• VantagePointregionalImplementation/ SI/ Consulting PartnerBoutique consultancy for office of finance providing implementation and advisory services. Won EMEA Regional Partner of the Year and APAC Strategic Partner of the Year 2025.
• AccentureflagshipImplementation/ SI/ Consulting PartnerGlobal professional services partnership helping leading businesses, governments, and organizations build digital core, optimize operations, and accelerate revenue growth.
• ProtivitiflagshipImplementation/ SI/ Consulting PartnerAlliance enabling end-to-end reporting and compliance, helping organizations optimize the record-to-report journey. Won EMEA Emerging Partner of the Year 2023.
• RSMregionalImplementation/ SI/ Consulting PartnerImplementation partnership providing solution architecture and leading practice implementations to improve client visibility, connectivity, and user adoption.
• EmbarkregionalImplementation/ SI/ Consulting PartnerEx-Big 4 CPA advisory firm implementing Workiva, optimizing current uses, and exploring new use cases. Won Americas Regional Partner of the Year.

Scale indicators11 records

Recent moves6 records

Expansion highlights7 records

Broad incumbents

• Oracle: Oracle EPM/Hyperion and Fusion Cloud EPM provide embedded financial close, planning, and narrative reporting. Competes as the system of record in Oracle ERP shops and an integration partner elsewhere.
• Workday: Cloud HCM/ERP vendor with Workday Adaptive Planning and financial close capabilities, plus expanding sustainability reporting. Competes through native planning and reporting inside its ERP suite while simultaneously being a Workiva technology partner.
• SAP: Enterprise application giant offering SAP BPC, Group Reporting, and embedded ESG/sustainability reporting inside its ERP suite. Competes by bundling reporting inside the ERP at large enterprises where SAP is the system of record.

Direct peers

• OneTrust: Trust intelligence platform covering GRC, privacy, ethics, ESG, and sustainability reporting. Direct competitor in ESG/CSRD disclosure workflows and a frequent head-to-head in sustainability RFPs.
• ServiceNow: Enterprise cloud platform with a dedicated Integrated Risk Management (IRM) module covering GRC, audit, risk, and compliance workflows. Directly comparable to Workiva's GRC platform and competing for the same CIO/CFO buyer in large enterprises.
• Diligent: GRC platform (post-Galvanize/ACL acquisition) covering audit, risk, compliance, and board management. Direct competitor in enterprise GRC with overlapping regulatory reporting and audit management workflows.
• AuditBoard: Cloud-based audit, risk, and compliance management platform with strong SOX, internal audit, and risk register capabilities. Closest direct competitor in audit/risk management for mid-market and enterprise, sharing customers and use cases with Workiva.
• Wolters Kluwer TeamMate: Internal audit and GRC software suite within Wolters Kluwer's governance, risk & compliance division. Direct competitor in internal audit and SOX compliance workflows for regulated enterprises.

Emerging players

• BlackLine: Cloud financial close and account reconciliation platform. Adjacent competitor in the financial close cycle that has expanded into controls and continuous accounting; Workiva–BlackLine integration partnership indicates both overlap and complement.
• ProcessUnity: Cloud-based GRC platform specializing in third-party risk management, vendor risk, and operational risk. Competes for risk management budget within the broader GRC category where Workiva's ERM module plays.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/Workiva
• LinkedInlinkedin.com/company/workiva
• Instagraminstagram.com/workiva
• Xx.com/Workiva
• Facebookfacebook.com/workiva

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds9 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Workiva