Workiva Inc. reported its financial results for the first quarter of 2025, highlighting a total revenue of $206 million, marking a 17% increase from $176 million in the first quarter of 2024. Subscription and support revenue contributed $186 million, experiencing a growth of 20% compared to the same period last year. The company recorded a non-GAAP net income of $8 million, down from $13 million in the first quarter of 2024. Non-GAAP net income per basic share and diluted share stood at $0.15 and $0.14, respectively, compared to $0.23 and $0.22 in the previous year. Workiva also announced a 32% year-over-year growth in customers with annual contract values exceeding $500,000. Additionally, the company repurchased $40 million of Class A common stock under the 2024 share repurchase plan. As of March 31, 2025, Workiva's cash, cash equivalents, and marketable securities totaled $767 million.