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Workiva Inc - WK STOCK NEWS

Welcome to our dedicated page for Workiva news (Ticker: WK), a resource for investors and traders seeking the latest updates and insights on Workiva stock.

Overview

Workiva Inc (NYSE: WK) is a prominent cloud-native platform that transforms the complexities of enterprise reporting and compliance. Integrating cloud reporting, data management, and control solutions, Workiva empowers organizations to collect, link, analyze, and report business data with unparalleled accuracy and accountability. The platform addresses the modern challenges of risk management, regulatory compliance, and data transparency in an environment where synchronized data and real-time insights are essential.

Core Business and Product Offering

The company developed a comprehensive suite of cloud-based productivity tools that include proprietary word processing, spreadsheet, and presentation applications. These applications are seamlessly integrated on a robust data management engine that offers synchronized data, controlled collaboration, granular permissions, and a full audit trail. This enables users to create, review, and publish linked data documents and reports efficiently. The integrated platform is widely utilized by organizations for SEC filings, risk assessments, compliance checking, and management reporting, establishing Workiva as a critical tool in corporate governance and operational oversight.

Operational Capabilities and Industry Application

Workiva excels in simplifying the data aggregation process from diverse systems such as ERP, HCM, and CRM, alongside several third-party cloud and on-premise applications. This interoperability creates a fluid environment for managing enterprise data and ensures that critical decisions are made based on consistent, real-time information. By centralizing and connecting data sources, the platform mitigates enterprise risk and enhances productivity. Key functionalities include:

  • Data Integration: Linking disparate data sources for a comprehensive view of enterprise information.
  • Controlled Collaboration: Enabling teams across different departments and geographies to work together with strict access controls and audit trails.
  • Regulatory Compliance: Assisting organizations in meeting evolving regulatory requirements through accurate and timely reporting.

Market Position and Competitive Landscape

Workiva occupies a unique niche in the market by offering an integrated cloud solution that addresses both financial and compliance reporting needs. Its client base spans thousands of organizations around the globe, including a significant portion of Fortune 500 companies. This penetration in large enterprises underscores its ability to deliver consistent, scalable solutions while navigating complex compliance landscapes. Although the competitive field includes companies offering point solutions, Workiva differentiates itself through its unified approach that caters to both financial reporting and risk management seamlessly.

Expertise and Technological Advantage

The security, accuracy, and efficiency of Workiva's platform stem from deep industry expertise and advanced technological integration. The platform is engineered to handle high volumes of data with robust performance and reliability. Users benefit from a system that not only consolidates data but also enhances decision-making processes by providing an accurate and synchronized data environment. This design philosophy and execution have cemented Workiva's reputation as a trusted partner for organizations aiming to improve operational transparency and compliance efficiency.

Customer Impact and Use Cases

Organizations using Workiva experience improved productivity and reduced risk through its streamlined reporting and compliance workflows. The ability to automatically link and verify data empowers financial teams to produce error-free reports and regulatory filings. Additionally, the platform’s audit trail and permission-based collaboration features instill greater confidence among stakeholders by ensuring that every data modification is recorded and tracked, thereby maintaining high standards of corporate governance.

Conclusion

In summary, Workiva Inc is a multifaceted, cloud-native solution that redefines enterprise reporting and compliance. Its integrated platform not only connects data sources and automates reporting processes but also strengthens corporate accountability and risk management protocols. With a deep understanding of market demands and technological innovations, Workiva continues to serve as an indispensable tool for modern enterprises seeking precision, control, and efficiency in their data management and reporting practices.

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Workiva to host free webinar on adapting to new ESG disclosure requirements
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Workiva participated in Climate Week NYC 2023, emphasizing collaboration, finance, sustainability, and innovation. They joined the UN's Forward Faster initiative and committed to aligning corporate investments with UN SDG policies. Workiva also joined the United Nations Global Compact CFO Coalition for the SDGs. The U.S. Climate Alliance announced a partnership to increase heat pump installations. Technology and AI were highlighted as key tools for addressing climate challenges. Collaboration and innovation were showcased as catalysts for change.
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Workiva Inc. plans to release its Q3 financial results on Oct. 30, 2023, after market close. CEO and CFO will host an investor call at 5:00 p.m. ET. Webcast accessible at https://investor.workiva.com. Replay available until Nov. 7, 2023.
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Workiva ESG Talk and Off The Books join forces at Amplify! Workiva's Catherine Tsai interviews Mandi McReynolds, Steve Soter, and conference attendees to explore trends like generative AI and how finance and accounting, ESG, and audit and risk are evolving-together.
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Intel's chief sustainability officer discusses the company's pursuit of net-zero emissions and the importance of energy efficiency.
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Workiva announces winners of 2023 Partner and Customer of the Year Awards
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Workiva Inc. announces enhanced senior leadership team and growth strategy to reach $1 billion in annual revenue and beyond. Revenue has grown from $351.6 million in 2020 to $537.9 million in 2022, representing a 24% compound annual growth rate. Workiva's cloud technology solves issues of lowering risk, increasing transparency, and making reporting easier. The company's growth strategy centers around four key tenets. Workiva remains at the forefront of the market with transformative innovations, including Generative AI and designed reporting. Workiva has enhanced its leadership team with experienced executives. The entire executive leadership team is aligned and focused on executing the growth strategy.
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Workiva to host virtual session on ESG in the C-Suite at Climate Week NYC 2023
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Kurt Ritter of Coca-Cola discusses circularity and sustainability strategies in ESG Talk podcast
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Workiva's Climate Week series features global experts discussing global reporting standards and their benefits for organizations.
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FAQ

What is the current stock price of Workiva (WK)?

The current stock price of Workiva (WK) is $69.95 as of April 23, 2025.

What is the market cap of Workiva (WK)?

The market cap of Workiva (WK) is approximately 3.8B.

What is the core function of Workiva Inc?

Workiva Inc provides a cloud-native platform that streamlines enterprise reporting and compliance, allowing organizations to link their data efficiently and accurately.

How does Workiva help organizations manage data?

The platform integrates data from various systems, such as ERP, HCM, and CRM, ensuring synchronized and accurate data through controlled collaboration and a full audit trail.

What industries benefit from Workiva's solutions?

Workiva serves a broad range of industries, particularly large enterprises and Fortune 500 companies that require robust compliance, risk management, and reporting solutions.

How does Workiva ensure data accuracy and accountability?

Workiva employs a proprietary data management engine that offers granular permissions, control mechanisms, and comprehensive audit trails, ensuring high data integrity.

What sets Workiva apart from its competitors?

Unlike many point solutions, Workiva delivers an integrated, cloud-based platform that unifies financial reporting, compliance, and risk management, emphasizing real-time data linkage and control.

How does Workiva support regulatory compliance?

Workiva's platform is designed to meet evolving regulatory requirements by automating data collection and report generation, which simplifies SEC filings and other compliance mandates.

Who are the typical users of Workiva's platform?

Workiva is favored by enterprises that require meticulous data management and compliance reporting, including financial teams, risk managers, and corporate governance professionals.
Workiva Inc

NYSE:WK

WK Rankings

WK Stock Data

3.84B
49.65M
3.81%
95.98%
5.16%
Software - Application
Services-prepackaged Software
Link
United States
AMES