Workiva Inc shares surged 7.2% in after-hours trading Thursday after the cloud software provider reported fourth-quarter earnings that exceeded Wall Street expectations. The company posted adjusted earnings of $0.78 per share, beating the consensus estimate of $0.69, while total revenue reached $239 million, up 20% year-over-year.

Subscription and support revenue climbed 21% to $219 million, driving the company's improved profitability metrics. Workiva achieved a non-GAAP operating margin of 19.1% in the quarter, reflecting operational efficiency gains. CEO Julie Iskow credited the company's specialized tools for Financial Reporting, GRC, and Sustainability, noting they continue to resonate with CFOs seeking trusted data and insights in the AI era.

Workiva provided notably aggressive guidance for fiscal 2026, projecting total revenue between $1.036 billion and $1.04 billion, which surpasses analyst estimates of $1.021 billion. CFO Barbara Larson emphasized the company's progress toward surpassing $1 billion in total revenue next year through higher-value contracts and margin expansion. The company also signaled confidence in its valuation by authorizing an additional $250 million for share repurchases following $72 million in buybacks during 2025.