Workiva Posts Q3 Profit, Misses Estimates

The Ames, Iowa software maker reported third-quarter results that fell short of analyst earnings expectations while revenue topped forecasts.

Updated on Nov. 5, 2026 in Public Companies

Workiva Posts Q3 Profit, Misses Estimates

Workiva reported third-quarter net income of $19.1 million, or 35 cents per share, and adjusted earnings of 72 cents per share, below the average analyst estimate of 79 cents. Third-quarter revenue reached $263 million, ahead of the average analyst estimate of $261.5 million.

Why it matters

The earnings shortfall alongside a revenue beat signals that the company's profitability measured against expectations was weaker than its top-line growth suggested. Investors and customers of the regulatory-filing software maker will be watching whether guidance for coming quarters restores confidence in margins.

Workiva reported third-quarter revenue of $263 million, above the $261.5 million analyst average, while adjusted earnings of 72 cents per share trailed the 79-cent consensus. Adjusted figures exclude one-time gains and costs, and the analyst averages come from three analysts surveyed by Zacks Investment Research.

The players

Workiva

Workiva is a publicly traded software company based in Ames, Iowa, known for cloud platforms that help organizations manage regulatory and financial reporting.

Zacks Investment Research

Zacks Investment Research is an independent investment research firm that compiles widely cited analyst earnings and revenue consensus estimates for publicly traded companies.

The details

Workiva, which makes software for managing regulatory filings and is headquartered in Ames, Iowa, announced its results on Thursday, November 5. The company's adjusted earnings exclude one-time gains and costs, a distinction that separates its reported profit from the adjusted figure that analysts measured against.

November 5, 2026: Workiva reports third-quarter results.
December 2026: Current quarter ends, with per-share earnings expected between 78 and 80 cents.

Market Landscape

Workiva's quarter is judged against the Zacks consensus of three analysts, a standard benchmark for how publicly traded software firms are measured each quarter. The mixed result, with revenue above the average estimate and earnings below it, is the kind of divergence that analysts weigh when setting expectations for software companies in the sector.

For shareholders, the gap between reported profit and adjusted earnings matters for how the company's performance is read against expectations. Customers relying on Workiva's filing software will see the company's guidance as an indication of its near-term financial stability.

The takeaway

Revenue beating forecasts while earnings fall short points to a gap between sales growth and profitability that is worth tracking across the next quarters. Readers following the company should compare its guidance against the adjusted figures it reports rather than headline profit alone.

What happens next

Workiva expects fourth-quarter per-share earnings of 78 to 80 cents and revenue of $275 million to $278 million, with full-year earnings of $2.80 to $2.83 per share on $1.04 billion in revenue.