Workiva shares surge 10.46% premarket after reporting 21% revenue growth, 12.7% non-GAAP margin, and 42% YoY increase in high-value customers.

Workiva Inc. surged 10.46% in premarket trading following the release of its Q3 2025 earnings report, which showed 23% year-over-year growth in subscription and support revenue and total revenue of $224 million, up 21% from $186 million in Q3 2024. The company raised full-year 2025 revenue guidance to $880–$882 million and non-GAAP operating margin targets by 400 basis points. Non-GAAP net income per share increased to $0.62, exceeding prior-year results. Raymond James upgraded its price target to $105 from $95, citing strong billings growth and improved profitability. The results, combined with an updated outlook reflecting disciplined cost management and operational leverage, drove optimism among investors, aligning with the premarket rally.