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Side-by-side financial comparison of Andersons, Inc. (ANDE) and WORKIVA INC (WK). Click either name above to swap in a different company.
Andersons, Inc. is the larger business by last-quarter revenue ($329.5M vs $238.9M, roughly 1.4× WORKIVA INC). Andersons, Inc. runs the higher net margin — 20.5% vs 4.9%, a 15.5% gap on every dollar of revenue. On growth, WORKIVA INC posted the faster year-over-year revenue change (19.5% vs -2.4%). WORKIVA INC produced more free cash flow last quarter ($50.7M vs $-77.1M). Over the past eight quarters, WORKIVA INC's revenue compounded faster (16.6% CAGR vs -1.8%).
The Andersons, Inc. is an American agribusiness established in 1947, that began as Andersons Truck Terminal (ATT) in the 1940s for the grain industry, headquartered in Maumee, Ohio. It is a diversified company rooted in agriculture that conducts business in the commodity merchandising, renewables, and plant nutrient sectors.
Workiva, Inc. is a global software-as-a-service (SaaS) company. It provides a cloud-based connected and reporting compliance platform that enables the use of connected data and automation of reporting across finance, accounting, risk, and compliance.
ANDE vs WK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $329.5M | $238.9M |
| Net Profit | $67.4M | $11.8M |
| Gross Margin | 70.3% | 80.7% |
| Operating Margin | 26.6% | 3.3% |
| Net Margin | 20.5% | 4.9% |
| Revenue YoY | -2.4% | 19.5% |
| Net Profit YoY | 49.6% | 234.0% |
| EPS (diluted) | — | $0.21 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $329.5M | $238.9M | ||
| Q3 25 | $295.8M | $224.2M | ||
| Q2 25 | $535.0M | $215.2M | ||
| Q1 25 | $370.8M | $206.3M | ||
| Q4 24 | $337.5M | $199.9M | ||
| Q3 24 | $231.9M | $185.6M | ||
| Q2 24 | $492.5M | $177.5M | ||
| Q1 24 | $341.4M | $175.7M |
| Q4 25 | $67.4M | $11.8M | ||
| Q3 25 | $20.1M | $2.8M | ||
| Q2 25 | $7.9M | $-19.4M | ||
| Q1 25 | $284.0K | $-21.4M | ||
| Q4 24 | $45.1M | $-8.8M | ||
| Q3 24 | $27.4M | $-17.0M | ||
| Q2 24 | $36.0M | $-17.5M | ||
| Q1 24 | $5.6M | $-11.7M |
| Q4 25 | 70.3% | 80.7% | ||
| Q3 25 | 57.8% | 79.3% | ||
| Q2 25 | 29.6% | 77.0% | ||
| Q1 25 | 41.2% | 76.6% | ||
| Q4 24 | 63.1% | 77.1% | ||
| Q3 24 | 76.4% | 76.5% | ||
| Q2 24 | 35.6% | 76.8% | ||
| Q1 24 | 37.6% | 76.4% |
| Q4 25 | 26.6% | 3.3% | ||
| Q3 25 | 8.7% | -1.5% | ||
| Q2 25 | 4.6% | -10.3% | ||
| Q1 25 | 0.9% | -12.0% | ||
| Q4 24 | 19.9% | -6.7% | ||
| Q3 24 | 26.8% | -11.7% | ||
| Q2 24 | 11.6% | -13.0% | ||
| Q1 24 | 4.1% | -10.4% |
| Q4 25 | 20.5% | 4.9% | ||
| Q3 25 | 6.8% | 1.2% | ||
| Q2 25 | 1.5% | -9.0% | ||
| Q1 25 | 0.1% | -10.4% | ||
| Q4 24 | 13.4% | -4.4% | ||
| Q3 24 | 11.8% | -9.2% | ||
| Q2 24 | 7.3% | -9.9% | ||
| Q1 24 | 1.6% | -6.7% |
| Q4 25 | — | $0.21 | ||
| Q3 25 | $0.59 | $0.05 | ||
| Q2 25 | $0.23 | $-0.35 | ||
| Q1 25 | $0.01 | $-0.38 | ||
| Q4 24 | $1.31 | $-0.15 | ||
| Q3 24 | $0.80 | $-0.31 | ||
| Q2 24 | $1.05 | $-0.32 | ||
| Q1 24 | $0.16 | $-0.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $98.3M | $338.8M |
| Total DebtLower is stronger | $560.0M | — |
| Stockholders' EquityBook value | $1.2B | $-5.4M |
| Total Assets | $3.7B | $1.5B |
| Debt / EquityLower = less leverage | 0.45× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $98.3M | $338.8M | ||
| Q3 25 | — | $315.9M | ||
| Q2 25 | — | $284.3M | ||
| Q1 25 | — | $242.0M | ||
| Q4 24 | $561.8M | $301.8M | ||
| Q3 24 | — | $248.2M | ||
| Q2 24 | — | $267.9M | ||
| Q1 24 | — | $296.1M |
| Q4 25 | $560.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $608.2M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.2B | $-5.4M | ||
| Q3 25 | $1.2B | $-36.9M | ||
| Q2 25 | $1.4B | $-66.5M | ||
| Q1 25 | $1.4B | $-75.7M | ||
| Q4 24 | $1.4B | $-41.7M | ||
| Q3 24 | $1.3B | $-50.8M | ||
| Q2 24 | $1.3B | $-77.7M | ||
| Q1 24 | $1.3B | $-83.2M |
| Q4 25 | $3.7B | $1.5B | ||
| Q3 25 | $3.3B | $1.4B | ||
| Q2 25 | $3.4B | $1.3B | ||
| Q1 25 | $3.8B | $1.3B | ||
| Q4 24 | $4.1B | $1.4B | ||
| Q3 24 | $3.4B | $1.3B | ||
| Q2 24 | $3.3B | $1.2B | ||
| Q1 24 | $3.3B | $1.2B |
| Q4 25 | 0.45× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.45× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-6.2M | $51.0M |
| Free Cash FlowOCF − Capex | $-77.1M | $50.7M |
| FCF MarginFCF / Revenue | -23.4% | 21.2% |
| Capex IntensityCapex / Revenue | 21.5% | 0.1% |
| Cash ConversionOCF / Net Profit | -0.09× | 4.31× |
| TTM Free Cash FlowTrailing 4 quarters | $-56.1M | $138.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-6.2M | $51.0M | ||
| Q3 25 | $233.9M | $46.2M | ||
| Q2 25 | $299.3M | $50.3M | ||
| Q1 25 | $-350.0M | $-7.4M | ||
| Q4 24 | $268.8M | $44.0M | ||
| Q3 24 | $-2.1M | $18.9M | ||
| Q2 24 | $304.4M | $-14.0K | ||
| Q1 24 | $-239.6M | $24.8M |
| Q4 25 | $-77.1M | $50.7M | ||
| Q3 25 | $167.0M | $46.1M | ||
| Q2 25 | $250.5M | $49.3M | ||
| Q1 25 | $-396.6M | $-8.1M | ||
| Q4 24 | $212.9M | $43.2M | ||
| Q3 24 | $-40.0M | $18.7M | ||
| Q2 24 | $275.8M | $-122.0K | ||
| Q1 24 | $-266.4M | $24.6M |
| Q4 25 | -23.4% | 21.2% | ||
| Q3 25 | 56.5% | 20.5% | ||
| Q2 25 | 46.8% | 22.9% | ||
| Q1 25 | -106.9% | -3.9% | ||
| Q4 24 | 63.1% | 21.6% | ||
| Q3 24 | -17.2% | 10.1% | ||
| Q2 24 | 56.0% | -0.1% | ||
| Q1 24 | -78.0% | 14.0% |
| Q4 25 | 21.5% | 0.1% | ||
| Q3 25 | 22.6% | 0.0% | ||
| Q2 25 | 9.1% | 0.5% | ||
| Q1 25 | 12.6% | 0.4% | ||
| Q4 24 | 16.6% | 0.4% | ||
| Q3 24 | 16.3% | 0.1% | ||
| Q2 24 | 5.8% | 0.1% | ||
| Q1 24 | 7.8% | 0.1% |
| Q4 25 | -0.09× | 4.31× | ||
| Q3 25 | 11.61× | 16.57× | ||
| Q2 25 | 38.10× | — | ||
| Q1 25 | -1232.46× | — | ||
| Q4 24 | 5.96× | — | ||
| Q3 24 | -0.08× | — | ||
| Q2 24 | 8.46× | — | ||
| Q1 24 | -42.94× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ANDE
| Specialty And Primary Nutrients | $137.1M | 42% |
| Premium Ingredients | $66.1M | 20% |
| Segment Reporting Reconciling Item Other | $63.2M | 19% |
| Other | $63.1M | 19% |
WK
| License And Service | $219.3M | 92% |
| XBRL Professional Services | $16.4M | 7% |
| Other Services | $3.2M | 1% |
