Workiva swings to $19M profit in Q1 2026; EU sustainability rule changes slow adoption

Filed May 5, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 1, 2025 · ~1 min read

Key Changes

• high

  Net income of $19M in Q1 2026 vs $21M loss prior year, a $40M turnaround. Operating cash flow returned to positive at $27M vs $7M used in Q1 2025. Revenue grew 20% to $247M with net retention improving to 112.4%.

  MD&A: Financial Performance verify on EDGAR →
• high

  EU Omnibus Directive adopted Feb 2026 revised CSRD thresholds and removed climate transition plan requirement. Management states these changes have already influenced the pace of customer adoption of sustainability solutions.

  MD&A: Sustainability Regulatory Uncertainty verify on EDGAR →
• high

  Board increased share repurchase authorization by $250M in Feb 2026, bringing total to $350M. Company has repurchased $122M to date, signaling confidence in profitability trajectory.

  MD&A: Capital Allocation verify on EDGAR →