Workiva's second quarter revenue grew 19% to $255 million, beating estimates as non-GAAP operating margin expanded to 16.8%.

Workiva reported second quarter 2026 total revenue of $255.3 million, a 19% increase year-over-year that surpassed analyst expectations. The company posted non-GAAP diluted earnings per share of $0.77, also beating estimates, driven by significant operating margin expansion. Workiva also raised its full-year 2026 revenue and operating margin guidance.

Key Highlights

• Subscription and support revenue, the company's core business, increased by 19% year-over-year to $236 million.
• Non-GAAP operating margin expanded significantly to 16.8%, a 1,300 basis point improvement from the 3.8% reported in the second quarter of 2025.
• The company demonstrated strong traction with larger clients, as the number of customers with an annual contract value over $300,000 grew 34% year-over-year to 656.
• Full-year 2026 revenue guidance was raised to a range of $1.040 billion to $1.044 billion, and the non-GAAP operating margin outlook was increased to approximately 18%.