Workiva (WK)
Market Price (1/2/2026): $86.31 | Market Cap: $4.9 BilSector: Information Technology | Industry: Application Software
Workiva (WK)
Market Price (1/2/2026): $86.31Market Cap: $4.9 BilSector: Information TechnologyIndustry: Application Software
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 16%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 15% | Weak multi-year price returns2Y Excs Rtn is -60%, 3Y Excs Rtn is -75% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -64 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -7.5% |
| Megatrend and thematic driversMegatrends include Cloud Computing, Sustainable Finance, and Automation & Robotics. Themes include Software as a Service (SaaS), Show more. | Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 13% | |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -5.1% | ||
| Key risksWK key risks include [1] a significant revenue dependence on the regulatory environment for SEC filings and [2] a consistent history of unprofitability since its inception. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 16%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 15% |
| Megatrend and thematic driversMegatrends include Cloud Computing, Sustainable Finance, and Automation & Robotics. Themes include Software as a Service (SaaS), Show more. |
| Weak multi-year price returns2Y Excs Rtn is -60%, 3Y Excs Rtn is -75% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -64 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -7.5% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 13% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -5.1% |
| Key risksWK key risks include [1] a significant revenue dependence on the regulatory environment for SEC filings and [2] a consistent history of unprofitability since its inception. |
Why The Stock Moved
Qualitative Assessment
AI Analysis | Feedback
1. Workiva reported strong financial results for Q3 2025, exceeding revenue guidance and increasing its full-year 2025 revenue outlook. The company experienced 23% growth in subscription revenue and 21% growth in total revenue, alongside notable momentum in large contracts.
2. Analysts maintained a positive outlook on Workiva, with consensus ratings of "Strong Buy" or "Moderate Buy" and average price targets suggesting potential upside. For example, as of December 27, 2025, analysts had an average 12-month price objective of $103.92, with some targets as high as $110.
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Stock Movement Drivers
Fundamental Drivers
The 0.2% change in WK stock from 9/30/2025 to 1/1/2026 was primarily driven by a 4.8% change in the company's Total Revenues ($ Mil).| 9302025 | 1012026 | Change | |
|---|---|---|---|
| Stock Price ($) | 86.08 | 86.25 | 0.20% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 806.98 | 845.52 | 4.78% |
| P/S Multiple | 5.98 | 5.75 | -3.91% |
| Shares Outstanding (Mil) | 56.08 | 56.35 | -0.48% |
| Cumulative Contribution | 0.20% |
Market Drivers
9/30/2025 to 1/1/2026| Return | Correlation | |
|---|---|---|
| WK | 0.2% | |
| Market (SPY) | 2.4% | 17.5% |
| Sector (XLK) | 2.2% | 11.6% |
Fundamental Drivers
The 26.0% change in WK stock from 6/30/2025 to 1/1/2026 was primarily driven by a 15.0% change in the company's P/S Multiple.| 6302025 | 1012026 | Change | |
|---|---|---|---|
| Stock Price ($) | 68.45 | 86.25 | 26.00% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 769.29 | 845.52 | 9.91% |
| P/S Multiple | 5.00 | 5.75 | 15.03% |
| Shares Outstanding (Mil) | 56.16 | 56.35 | -0.34% |
| Cumulative Contribution | 26.00% |
Market Drivers
6/30/2025 to 1/1/2026| Return | Correlation | |
|---|---|---|
| WK | 26.0% | |
| Market (SPY) | 10.7% | -8.0% |
| Sector (XLK) | 13.9% | -6.9% |
Fundamental Drivers
The -21.2% change in WK stock from 12/31/2024 to 1/1/2026 was primarily driven by a -33.4% change in the company's P/S Multiple.| 12312024 | 1012026 | Change | |
|---|---|---|---|
| Stock Price ($) | 109.50 | 86.25 | -21.23% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 705.44 | 845.52 | 19.86% |
| P/S Multiple | 8.63 | 5.75 | -33.38% |
| Shares Outstanding (Mil) | 55.58 | 56.35 | -1.38% |
| Cumulative Contribution | -21.25% |
Market Drivers
12/31/2024 to 1/1/2026| Return | Correlation | |
|---|---|---|
| WK | -21.2% | |
| Market (SPY) | 17.4% | 33.3% |
| Sector (XLK) | 24.4% | 31.7% |
Fundamental Drivers
The 2.7% change in WK stock from 12/31/2022 to 1/1/2026 was primarily driven by a 64.2% change in the company's Total Revenues ($ Mil).| 12312022 | 1012026 | Change | |
|---|---|---|---|
| Stock Price ($) | 83.97 | 86.25 | 2.72% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 514.86 | 845.52 | 64.23% |
| P/S Multiple | 8.66 | 5.75 | -33.61% |
| Shares Outstanding (Mil) | 53.08 | 56.35 | -6.15% |
| Cumulative Contribution | 2.33% |
Market Drivers
12/31/2022 to 1/1/2026| Return | Correlation | |
|---|---|---|
| WK | 2.7% | |
| Market (SPY) | 85.0% | 40.6% |
| Sector (XLK) | 136.1% | 37.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| WK Return | 42% | -36% | 21% | 8% | -21% | 105% | |
| Peers Return | 45% | -17% | 38% | 29% | 1% | � | � |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 0% | 82% |
Monthly Win Rates [3] | |||||||
| WK Win Rate | 75% | 50% | 75% | 50% | 33% | ||
| Peers Win Rate | 58% | 35% | 65% | 60% | 48% | � | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | ||
Max Drawdowns [4] | |||||||
| WK Max Drawdown | -10% | -54% | -3% | -31% | -43% | ||
| Peers Max Drawdown | -11% | -37% | -10% | -11% | -26% | � | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -100% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: BL, DFIN, NOW, ORCL, IBM. See WK Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 12/31/2025 (YTD)
How Low Can It Go
| Event | WK | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -62.7% | -25.4% |
| % Gain to Breakeven | 168.3% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -49.1% | -33.9% |
| % Gain to Breakeven | 96.6% | 51.3% |
| Time to Breakeven | 92 days | 148 days |
| 2018 Correction | ||
| % Loss | -39.0% | -19.8% |
| % Gain to Breakeven | 63.8% | 24.7% |
| Time to Breakeven | 364 days | 120 days |
Compare to BL, DFIN, NOW, ORCL, IBM
In The Past
Workiva's stock fell -62.7% during the 2022 Inflation Shock from a high on 11/9/2021. A -62.7% loss requires a 168.3% gain to breakeven.
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AI Analysis | Feedback
Here are 1-2 brief analogies for Workiva (WK):
- Workiva is like Salesforce for financial reporting and compliance.
- Workiva is like ServiceNow for corporate reporting workflows.
AI Analysis | Feedback
- Financial Reporting: A cloud-based platform designed to streamline and automate financial reporting, including SEC filings (10-K, 10-Q), statutory, and management reporting.
- ESG Reporting: A solution for collecting, managing, and reporting Environmental, Social, and Governance data to meet stakeholder and regulatory demands.
- Audit & Internal Controls Management: Tools for managing internal audit processes, ensuring SOX compliance, and enhancing enterprise risk management.
- Tax Reporting & Provision: A platform to streamline corporate tax provision calculations and facilitate compliance reporting.
- Global Statutory Reporting: A unified solution for managing and submitting statutory financial reports across multiple international jurisdictions.
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Workiva (WK) Major Customers
Workiva (symbol: WK) primarily sells its cloud-based platform for reporting, compliance, and disclosure to **other companies** (B2B model), not to individual consumers. Workiva generally does not disclose specific major customer names. Their platform serves a wide array of organizations across various industries that require robust solutions for financial reporting, regulatory compliance, risk management, and ESG (Environmental, Social, and Governance) reporting. Instead of naming specific companies, Workiva's customer base can be described by the following categories of organizations:- Publicly Traded Companies: A significant portion of Workiva's customer base consists of companies listed on stock exchanges. These companies leverage Workiva for complex financial reporting to regulatory bodies like the SEC (e.g., 10-K, 10-Q filings), Sarbanes-Oxley (SOX) compliance, and increasingly for ESG reporting to meet investor and stakeholder demands.
- Large Private Companies: Workiva also serves substantial private enterprises, including those backed by private equity. These companies utilize the platform for internal management reporting, audit preparation, consolidation, and other compliance needs, particularly as they grow or prepare for potential public offerings.
- Government Agencies and Non-Profit Organizations: Various governmental entities and large non-profit organizations also use Workiva's platform to manage their unique reporting, audit, and compliance requirements, which can be just as complex as those in the private sector.
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Julie Iskow President & Chief Executive Officer
Julie Iskow is the President and Chief Executive Officer of Workiva, a role she assumed in 2023. She joined Workiva in 2019 as Executive Vice President and Chief Operating Officer, and was promoted to President in 2022. Prior to Workiva, she served as Executive Vice President and Chief Technology Officer at Medidata Solutions, a SaaS technology and data platform for life sciences, where her responsibilities included technology and product strategy, which contributed to a strategic sale in 2019. Before Medidata, Ms. Iskow was Senior Vice President and Chief Information Officer at WageWorks, a consumer benefits SaaS platform, which she helped take public in 2012. She began her career with over a decade in engineering and technology leadership positions, focusing on automation and robotics software.
Jill Klindt EVP, Chief Financial Officer
Jill Klindt was appointed Chief Financial Officer of Workiva in 2021. She joined Workiva (originally Webfilings) in 2008 and is recognized for establishing and scaling the company's finance department. Ms. Klindt played an instrumental role in taking Workiva public in 2014. Her career at Workiva has included roles such as Controller, Senior Director of Finance and Accounting, Vice President & Chief Accounting Officer, and Senior Vice President & Chief Accounting Officer. Before joining Workiva, she held finance and accounting positions at Wells Fargo Financial, CitiMortgage, and Principal Residential Mortgage. She also worked for another software company out of college, whose founders were among those who later founded Workiva.
Martin Vanderploeg Non-Executive Chair
Martin Vanderploeg has served as Workiva's Non-Executive Chair since 2023 and is a co-founder of the company. He was Workiva's Chief Executive Officer from 2018 to 2023, President from 2014 to 2022, and Chief Operating Officer from 2008 to 2018. Before co-founding Workiva, Mr. Vanderploeg co-founded Engineering Animation Inc. (EAI) in 1988 and served as its Chief Technology Officer from 1989 to 1999, leading it through significant growth until its acquisition by Unigraphics Solutions (now part of Siemens USA) in 2000. He also held academic positions as a tenured professor of mechanical engineering at Iowa State University, where he founded and directed the Simulation and Visualization lab.
David Haila EVP, Chief Technology Officer
David Haila is the Executive Vice President and Chief Technology Officer at Workiva, a position he assumed in February 2023. He joined Workiva in March 2015. His previous roles include Lead Architect, Senior Director of Product Management, and Director of Operations at XBRL. Mr. Haila also gained experience working with IBM and Zirous. He holds a background in computer engineering from Iowa State University and possesses extensive experience in software development and product management.
Kim Huffman SVP, Chief Information Officer
Kim Huffman was appointed Senior Vice President and Chief Information Officer of Workiva in July 2023. Prior to joining Workiva, she served as the Chief Information Officer of Navan from 2021 to 2023. Ms. Huffman has also held various technical leadership roles at both pre-IPO and public technology companies, including SAP, Adobe, Health Equity, and Elastic.
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Workiva (WK) faces several key business risks as a public company providing a cloud-based platform for financial reporting, ESG, and compliance processes. The most significant risks include:1. Cybersecurity Risks
Workiva is exposed to continually evolving cybersecurity threats, which could lead to the loss, theft, misuse, unauthorized disclosure, access, or destruction of confidential information or data. Such incidents could disrupt their solutions, damage their brand and reputation, harm customer relationships, and result in legal exposure and financial losses. The company's 10-K filing emphasizes the importance of robust cybersecurity measures given the sensitive nature of the data they handle.2. Dependence on SEC Filings and Regulatory Environment Changes
A substantial portion of Workiva's total revenue, exceeding 40%, is derived from customers utilizing its platform for SEC filings. Consequently, any changes in legislation or rulemaking that significantly impact the content or method of delivery of documents filed with regulatory bodies could adversely affect Workiva's business. Furthermore, evolving market standards related to sustainability compliance and reporting also influence the demand for their solutions.3. Inability to Achieve and Maintain Profitability
Workiva has a relatively limited operating history, having been founded in 2008, and has consistently reported net losses in every fiscal year since its inception. For instance, the company recorded net losses of approximately $55.0 million in fiscal year 2024, $127.5 million in fiscal year 2023, and $90.9 million in fiscal year 2022. There is a risk that Workiva may not achieve or sustain profitability in the future. If the company is unable to maintain consistent revenue or revenue growth, its stock price could experience volatility.AI Analysis | Feedback
The rapid advancements and adoption of generative artificial intelligence (AI) and large language models (LLMs) pose a clear emerging threat. These technologies have the potential to fundamentally transform how financial reporting, compliance documentation, and risk management tasks are performed. This could include automating the drafting of narrative sections, summarizing complex data, identifying anomalies, and ensuring policy adherence with a speed and efficiency that may challenge Workiva's existing automation solutions. Competitors, new entrants, or even existing enterprise software giants leveraging these AI capabilities could offer alternative solutions that reduce the need for specialized platforms or integrate similar functionalities into broader, more widely adopted business applications.AI Analysis | Feedback
Workiva (WK) operates within a substantial global addressable market for its integrated reporting solutions, which encompass financial reporting, ESG (Environmental, Social, and Governance) reporting, and Governance, Risk, and Compliance (GRC) software.
- Overall Total Addressable Market (TAM): Workiva targets a total addressable market of $35 billion globally as of May 2025. This market is segmented geographically, with $16.4 billion in the Americas, $10.9 billion in Europe, and $7.7 billion in Asia-Pacific.
- Financial Reporting Software Market: The global financial reporting software market was estimated at USD 16.54 billion in 2025 and is projected to reach USD 40.83 billion by 2032, with a compound annual growth rate (CAGR) of 13.71%. Another estimate for the global market size is approximately $12.29 billion by the end of 2025. The U.S. accounting software market, which includes financial reporting, was estimated at USD 6.09 billion in 2024.
- ESG Reporting Software Market: The global ESG reporting software market was estimated at between USD 0.9 billion and USD 1.20 billion in 2024. This market is projected to grow significantly, with estimates ranging from USD 2.1 billion by 2029 to USD 7.41 billion by 2035. North America held the largest market share in the global ESG software industry in 2024.
- GRC Software Market: The global Governance, Risk, and Compliance (GRC) software market is estimated to be approximately USD 21.04 billion in 2025 and was valued at USD 49.2 billion in 2024. Projections for this market's growth vary, with estimates of reaching USD 37.71 billion by 2030 or USD 127.7 billion by 2033. North America held the largest revenue share in the enterprise GRC market in 2024.
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Expanding Demand for AI-Powered, Cloud-Based Reporting Solutions: Workiva anticipates future revenue growth from the increasing demand for its cloud-based and AI-powered reporting platform. The company recently launched new AI extensions and specialized offerings like Intelligent Finance, Intelligent Sustainability, and Intelligent GRC, which are designed to enhance customer speed, agility, and confidence in financial, regulatory, and compliance reporting.
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Growth in Large Customer Contracts and Multi-Solution Adoption: Workiva is experiencing accelerated growth in large contract wins, both from new customers and through the expansion of existing client relationships. The number of contracts valued over $100,000, $300,000, and $500,000 has shown significant year-over-year increases. This is supported by an "upsell engine" that encourages existing customers to adopt more solutions on the platform.
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Increasing Regulatory and Sustainability Reporting Requirements: Evolving global regulations, particularly in Environmental, Social, and Governance (ESG) reporting, such as the EU's Corporate Sustainability Reporting Directive (CSRD) and ISSB, are driving the need for Workiva's platform. Companies require comprehensive solutions for transparency and disclosure of financial and non-financial data, which Workiva is uniquely positioned to provide.
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International Market Expansion: Workiva sees opportunities to accelerate its international expansion, especially in regions like EMEA and APAC. The company's platform is designed to help global organizations comply with various local regulatory requirements, such as those in Europe, which will diversify its revenue sources.
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Operational Improvements and Go-to-Market Efficiency: Workiva is focusing on a disciplined, profitable growth strategy, which includes operational improvements aimed at enhancing go-to-market efficiency and AI monetization. This involves streamlining sales structures, resizing sales territories, and increasing sales quotas to drive greater productivity and improved operating leverage.
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Share Repurchases
- Workiva authorized a share repurchase plan for up to $100 million of its Class A common stock on July 30, 2024.
- The company repurchased approximately $40.1 million in Q1 2025, $10 million in Q2 2025, and another $10 million in Q3 2025 under this plan.
- As of September 30, 2025, approximately $40 million remained available for future share repurchases under the plan.
Share Issuance
- Workiva has seen proceeds from option exercises, for instance, $1.8 million in Q2 2025 and $440 thousand in Q3 2025.
- Stock-based compensation expense continues to be a significant recurring expense for the company.
- In 2024, there was a proposal to amend the 2014 Equity Incentive Plan to increase the number of shares available for issuance.
Inbound Investments
- Activist investor Irenic Capital Management built approximately a 2% stake in Workiva by September 2025, advocating for board refreshment and an evaluation of strategic alternatives.
- Institutional investors and hedge funds collectively own 92.21% of Workiva's stock.
Outbound Investments
- Workiva acquired Sustain.Life, Inc. for $100 million in July 2024.
Capital Expenditures
- Capital expenditures have primarily been associated with computer equipment to support the expansion of Workiva's infrastructure and workforce.
- Net cash used in investing activities, which includes capital expenditures, was approximately $4.3 million in Q2 2025 and $10.1 million in Q3 2025.
Latest Trefis Analyses
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Peer Comparisons for Workiva
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 119.72 |
| Mkt Cap | 81.9 |
| Rev LTM | 6,756 |
| Op Inc LTM | 949 |
| FCF LTM | 141 |
| FCF 3Y Avg | 1,144 |
| CFO LTM | 2,514 |
| CFO 3Y Avg | 2,087 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 9.2% |
| Rev Chg 3Y Avg | 10.6% |
| Rev Chg Q | 11.7% |
| QoQ Delta Rev Chg LTM | 2.8% |
| Op Mgn LTM | 15.8% |
| Op Mgn 3Y Avg | 13.8% |
| QoQ Delta Op Mgn LTM | 0.6% |
| CFO/Rev LTM | 24.3% |
| CFO/Rev 3Y Avg | 23.4% |
| FCF/Rev LTM | 16.8% |
| FCF/Rev 3Y Avg | 15.4% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 81.9 |
| P/S | 5.3 |
| P/EBIT | 25.3 |
| P/E | 37.8 |
| P/CFO | 22.8 |
| Total Yield | 2.4% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 2.8% |
| D/E | 0.2 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -3.9% |
| 3M Rtn | -6.4% |
| 6M Rtn | -10.2% |
| 12M Rtn | -15.1% |
| 3Y Rtn | 59.0% |
| 1M Excs Rtn | -3.5% |
| 3M Excs Rtn | -5.8% |
| 6M Excs Rtn | -18.9% |
| 12M Excs Rtn | -30.7% |
| 3Y Excs Rtn | -15.5% |
Comparison Analyses
Price Behavior
| Market Price | $86.25 | |
| Market Cap ($ Bil) | 4.9 | |
| First Trading Date | 12/12/2014 | |
| Distance from 52W High | -24.4% | |
| 50 Days | 200 Days | |
| DMA Price | $88.86 | $78.02 |
| DMA Trend | indeterminate | up |
| Distance from DMA | -2.9% | 10.6% |
| 3M | 1YR | |
| Volatility | 29.2% | 53.1% |
| Downside Capture | 63.72 | 97.47 |
| Upside Capture | 50.42 | 58.04 |
| Correlation (SPY) | 18.6% | 33.2% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.44 | 0.33 | 0.42 | -0.42 | 0.90 | 1.08 |
| Up Beta | -0.08 | 0.43 | 0.65 | 0.97 | 1.22 | 1.30 |
| Down Beta | -1.34 | -0.03 | -0.10 | -2.20 | 0.66 | 0.90 |
| Up Capture | -90% | 48% | 55% | 32% | 45% | 75% |
| Bmk +ve Days | 11 | 23 | 37 | 72 | 143 | 431 |
| Stock +ve Days | 9 | 19 | 30 | 64 | 119 | 377 |
| Down Capture | 62% | 39% | 66% | -42% | 97% | 104% |
| Bmk -ve Days | 11 | 18 | 27 | 55 | 108 | 320 |
| Stock -ve Days | 13 | 22 | 34 | 62 | 131 | 372 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of WK With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| WK | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -23.8% | 20.2% | 14.4% | 63.0% | 6.6% | 2.6% | -8.7% |
| Annualized Volatility | 52.7% | 27.5% | 19.4% | 19.8% | 15.3% | 17.0% | 34.7% |
| Sharpe Ratio | -0.35 | 0.65 | 0.57 | 2.36 | 0.21 | -0.02 | -0.09 |
| Correlation With Other Assets | 31.8% | 33.4% | 8.3% | 4.2% | 33.9% | 10.7% | |
ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data
| Comparison of WK With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| WK | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -1.6% | 18.3% | 14.7% | 17.8% | 11.6% | 4.9% | 29.8% |
| Annualized Volatility | 45.2% | 24.7% | 17.1% | 15.6% | 18.7% | 18.9% | 48.6% |
| Sharpe Ratio | 0.11 | 0.67 | 0.69 | 0.92 | 0.50 | 0.17 | 0.56 |
| Correlation With Other Assets | 50.4% | 51.1% | 10.8% | 9.6% | 40.8% | 25.7% | |
ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 10-Year Data
| Comparison of WK With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| WK | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 17.0% | 22.3% | 14.7% | 14.5% | 6.9% | 5.3% | 69.9% |
| Annualized Volatility | 43.4% | 24.2% | 18.0% | 14.8% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.52 | 0.84 | 0.70 | 0.81 | 0.31 | 0.22 | 0.90 |
| Correlation With Other Assets | 48.3% | 46.1% | 6.6% | 13.7% | 35.5% | 18.6% | |
ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/5/2025 | 5.8% | 13.4% | 11.8% |
| 7/31/2025 | 32.1% | 19.0% | 28.8% |
| 2/25/2025 | 7.0% | 4.8% | 0.3% |
| 11/6/2024 | 4.4% | 7.7% | 17.4% |
| 8/1/2024 | -0.5% | 3.8% | 7.7% |
| 5/2/2024 | 2.0% | 3.1% | -5.2% |
| 2/20/2024 | -12.9% | -9.8% | -9.0% |
| 10/30/2023 | -4.8% | -3.1% | 4.8% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 14 | 14 | 17 |
| # Negative | 9 | 9 | 6 |
| Median Positive | 5.2% | 5.2% | 7.7% |
| Median Negative | -4.8% | -3.1% | -13.9% |
| Max Positive | 32.1% | 20.1% | 34.0% |
| Max Negative | -12.9% | -25.6% | -39.3% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 11/05/2025 | 10-Q (09/30/2025) |
| 06/30/2025 | 07/31/2025 | 10-Q (06/30/2025) |
| 03/31/2025 | 05/01/2025 | 10-Q (03/31/2025) |
| 12/31/2024 | 02/25/2025 | 10-K (12/31/2024) |
| 09/30/2024 | 11/06/2024 | 10-Q (09/30/2024) |
| 06/30/2024 | 08/01/2024 | 10-Q (06/30/2024) |
| 03/31/2024 | 05/02/2024 | 10-Q (03/31/2024) |
| 12/31/2023 | 02/20/2024 | 10-K (12/31/2023) |
| 09/30/2023 | 10/30/2023 | 10-Q (09/30/2023) |
| 06/30/2023 | 08/03/2023 | 10-Q (06/30/2023) |
| 03/31/2023 | 05/02/2023 | 10-Q (03/31/2023) |
| 12/31/2022 | 02/21/2023 | 10-K (12/31/2022) |
| 09/30/2022 | 11/02/2022 | 10-Q (09/30/2022) |
| 06/30/2022 | 08/09/2022 | 10-Q (06/30/2022) |
| 03/31/2022 | 05/03/2022 | 10-Q (03/31/2022) |
| 12/31/2021 | 02/22/2022 | 10-K (12/31/2021) |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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