Workiva's stock has fallen 47.7% over the past six months to $45.75 per share, prompting investors to reassess their positions. The company reported annual recurring revenue of $901.4 million in the first quarter, with year-on-year ARR growth averaging 22.1% over the last four quarters. Workiva maintained a trailing 12-month gross margin of 79.4%, which has improved by 3.4 percentage points over the past two years. Its customer acquisition cost payback period stood at 39.8 months, indicating efficient recovery of sales and marketing investments. The stock currently trades at 2.6 times forward price-to-sales.
Workiva IncStock down 47.7% in six months, with ARR growth slowing and valuation metrics indicating market disappointment.