Workiva Inc.

Announces Second Quarter 2025 Financial Results Increased Q2 2025 subscription support revenue by 23% over Q2 2024 Total revenue of $215 million in Q2 2025, representing 21% year-over-year growth GAAP operating margin was (10.2)%, non-GAAP operating margin was 3.8% Repurchased $10 million of Class A common stock under the 2024 share repurchase plan Customers with annual contract value over $500,000 grew 35% year-over-year NEW YORK - July 31, 2025 Workiva Inc.

SEC original ↗Workiva Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

Workiva had $71 million aggregate principal amount of 1.125% convertible senior notes due in 2026, $702 million aggregate principal amount of 1.250% convertible senior notes due in 2028, and $14 million of finance lease obligations outstanding as of June 30, 2025.

SEC original ↗Workiva Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

Share Repurchase Plan On July 30, 2024, our board of directors authorized a share repurchase plan for up to $100 million of our outstanding Class A common stock.

SEC original ↗Workiva Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

As of June 30, 2025, $49.9 million remains available under the plan for future share repurchases.

SEC original ↗Workiva Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

9 Table of Contents Recently Adopted Accounting Pronouncements In November 2024, the FASB issued ASU 2024-04, Induced Conversions of Convertible Debt Instruments, which amends the guidance in ASC 470-20 for induced conversions of convertible debt instruments.

SEC original ↗Workiva Inc. — 10-Q Quarterly report10-QAug 4, 2026

The update clarifies the accounting treatment for debt conversion wherein inducement offers are made, regardless of whether the settlement is in equity, cash, or a combination of both.

SEC original ↗Workiva Inc. — 10-Q Quarterly report10-QAug 4, 2026

Our business results and guidance raise reflects continued execution on our strategy and a more disciplined approach to margin expansion.

SEC original ↗Workiva Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

All statements contained in this Quarterly Report on Form 10-Q other than statements of historical facts, including statements regarding our future results of operations and financial position, our business strategy and plans and our objectives for future operations, are forward-looking statements.

SEC original ↗Workiva Inc. — 10-Q Quarterly report10-QAug 4, 2026

We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs.

SEC original ↗Workiva Inc. — 10-Q Quarterly report10-QAug 4, 2026

The fair value hierarchy prioritizes the inputs into three levels that may be used to measure fair value: Level 1 - Inputs are unadjusted quoted prices in active markets for identical assets or liabilities.

SEC original ↗Workiva Inc. — 10-Q Quarterly report10-QAug 4, 2026

We continue to invest for future growth and are focused on several key drivers, including our connected audit-ready platform, fit-for-purpose solutions, global expansion, and our partner ecosystem.

SEC original ↗Workiva Inc. — 10-Q Quarterly report10-QAug 4, 2026

These statements relate to future events or the Company s future financial performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of the Company or its industry to be materially different from those expressed or implied by any forward-looking statements.

SEC original ↗Workiva Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

While the Company believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond the Company s control.

SEC original ↗Workiva Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

Legal Proceedings 38 Item 1A.

SEC original ↗Workiva Inc. — 10-Q Quarterly report10-QAug 4, 2026

These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including those described in Item 1A.

SEC original ↗Workiva Inc. — 10-Q Quarterly report10-QAug 4, 2026

In light of these risks, uncertainties and assumptions, the future events and trends discussed in this Quarterly Report on Form 10-Q may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements.

SEC original ↗Workiva Inc. — 10-Q Quarterly report10-QAug 4, 2026

Commitments and Contingencies Litigation From time to time we may become involved in legal proceedings or be subject to claims arising in the ordinary course of our business.

SEC original ↗Workiva Inc. — 10-Q Quarterly report10-QAug 4, 2026