Workiva Inc. — Earnings Quality Grade F
WK · Technology
Major red flags
Screening Summary
Management Signals
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 70 days, change -4 days YoY
AR growth 13.8% vs revenue growth 19.7%
Revenue 19.7%, CFFO 59.7%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth 58.7% is >2x revenue growth 19.7%
SG&A/Gross Profit = 75.2%, exceeds 70%
Gross margin 78.5%, change +1.8pp. Stable
Cash Flow Quality
CFFO < Net Income for 3 consecutive years
FCF $0.1B, FCF/NI = -5.26
Accruals ratio = -11.1%. Low accruals
Cash $0.9B covers debt $0.8B
Balance Sheet Health
Goodwill+Intangibles $0.2B = -4202% of equity. Manageable
Debt/EBITDA = 589.8x (>4x). Interest coverage = -3.3x (<2x). Financial stress
Other assets 12.3% vs revenue 19.7%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change 2% YoY. Normal
Manipulation Score
M-Score = -2.89 (< -2.22). Unlikely manipulator
Portfolio monitoring
Monitor WK continuously
The full checks and model details are free to read. Use Watchlist to track your holdings; Pro adds automatic quarterly rescoring, risk-event email alerts, scans up to 50 tickers, and export workflows.
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25