vs
Side-by-side financial comparison of APOGEE ENTERPRISES, INC. (APOG) and WORKIVA INC (WK). Click either name above to swap in a different company.
APOGEE ENTERPRISES, INC. is the larger business by last-quarter revenue ($351.4M vs $238.9M, roughly 1.5× WORKIVA INC). WORKIVA INC runs the higher net margin — 4.9% vs 4.7%, a 0.2% gap on every dollar of revenue. On growth, WORKIVA INC posted the faster year-over-year revenue change (19.5% vs 1.6%). Over the past eight quarters, WORKIVA INC's revenue compounded faster (16.6% CAGR vs 2.9%).
Apogee Electronics is an American manufacturer of audio interfaces, analog-to-digital and digital-to-analog converters, USB & iOS microphones, and audio production software.
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.
APOG vs WK — Head-to-Head
Income Statement — Q4 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $351.4M | $238.9M |
| Net Profit | $16.6M | $11.8M |
| Gross Margin | 22.4% | 80.7% |
| Operating Margin | 7.3% | 3.3% |
| Net Margin | 4.7% | 4.9% |
| Revenue YoY | 1.6% | 19.5% |
| Net Profit YoY | 568.8% | 234.0% |
| EPS (diluted) | $0.78 | $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.
| Q1 26 | $351.4M | — | ||
| Q4 25 | $348.6M | $238.9M | ||
| Q3 25 | $358.2M | $224.2M | ||
| Q2 25 | $346.6M | $215.2M | ||
| Q1 25 | $345.7M | $206.3M | ||
| Q4 24 | $341.3M | $199.9M | ||
| Q3 24 | $342.4M | $185.6M | ||
| Q2 24 | $331.5M | $177.5M |
| Q1 26 | $16.6M | — | ||
| Q4 25 | $16.5M | $11.8M | ||
| Q3 25 | $23.6M | $2.8M | ||
| Q2 25 | $-2.7M | $-19.4M | ||
| Q1 25 | $2.5M | $-21.4M | ||
| Q4 24 | $21.0M | $-8.8M | ||
| Q3 24 | $30.6M | $-17.0M | ||
| Q2 24 | $31.0M | $-17.5M |
| Q1 26 | 22.4% | — | ||
| Q4 25 | 23.8% | 80.7% | ||
| Q3 25 | 23.1% | 79.3% | ||
| Q2 25 | 21.7% | 77.0% | ||
| Q1 25 | 21.6% | 76.6% | ||
| Q4 24 | 26.1% | 77.1% | ||
| Q3 24 | 28.4% | 76.5% | ||
| Q2 24 | 29.8% | 76.8% |
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.1% | 3.3% | ||
| Q3 25 | 7.5% | -1.5% | ||
| Q2 25 | 2.0% | -10.3% | ||
| Q1 25 | 1.8% | -12.0% | ||
| Q4 24 | 8.4% | -6.7% | ||
| Q3 24 | 12.3% | -11.7% | ||
| Q2 24 | 12.5% | -13.0% |
| Q1 26 | 4.7% | — | ||
| Q4 25 | 4.7% | 4.9% | ||
| Q3 25 | 6.6% | 1.2% | ||
| Q2 25 | -0.8% | -9.0% | ||
| Q1 25 | 0.7% | -10.4% | ||
| Q4 24 | 6.1% | -4.4% | ||
| Q3 24 | 8.9% | -9.2% | ||
| Q2 24 | 9.4% | -9.9% |
| Q1 26 | $0.78 | — | ||
| Q4 25 | $0.77 | $0.21 | ||
| Q3 25 | $1.10 | $0.05 | ||
| Q2 25 | $-0.13 | $-0.35 | ||
| Q1 25 | $0.12 | $-0.38 | ||
| Q4 24 | $0.96 | $-0.15 | ||
| Q3 24 | $1.40 | $-0.31 | ||
| Q2 24 | $1.41 | $-0.32 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $39.5M | $338.8M |
| Total DebtLower is stronger | $232.3M | — |
| Stockholders' EquityBook value | $511.8M | $-5.4M |
| Total Assets | $1.1B | $1.5B |
| Debt / EquityLower = less leverage | 0.45× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $39.5M | — | ||
| Q4 25 | $41.3M | $338.8M | ||
| Q3 25 | $39.5M | $315.9M | ||
| Q2 25 | $32.8M | $284.3M | ||
| Q1 25 | $41.4M | $242.0M | ||
| Q4 24 | $43.9M | $301.8M | ||
| Q3 24 | $51.0M | $248.2M | ||
| Q2 24 | $30.4M | $267.9M |
| Q1 26 | $232.3M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $285.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $511.8M | — | ||
| Q4 25 | $512.3M | $-5.4M | ||
| Q3 25 | $500.2M | $-36.9M | ||
| Q2 25 | $481.8M | $-66.5M | ||
| Q1 25 | $487.9M | $-75.7M | ||
| Q4 24 | $522.1M | $-41.7M | ||
| Q3 24 | $506.4M | $-50.8M | ||
| Q2 24 | $480.0M | $-77.7M |
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $1.5B | ||
| Q3 25 | $1.2B | $1.4B | ||
| Q2 25 | $1.2B | $1.3B | ||
| Q1 25 | $1.2B | $1.3B | ||
| Q4 24 | $1.2B | $1.4B | ||
| Q3 24 | $917.1M | $1.3B | ||
| Q2 24 | $889.0M | $1.2B |
| Q1 26 | 0.45× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.58× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $122.5M | $51.0M |
| Free Cash FlowOCF − Capex | — | $50.7M |
| FCF MarginFCF / Revenue | — | 21.2% |
| Capex IntensityCapex / Revenue | 7.8% | 0.1% |
| Cash ConversionOCF / Net Profit | 7.37× | 4.31× |
| TTM Free Cash FlowTrailing 4 quarters | — | $138.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $122.5M | — | ||
| Q4 25 | $29.3M | $51.0M | ||
| Q3 25 | $57.1M | $46.2M | ||
| Q2 25 | $-19.8M | $50.3M | ||
| Q1 25 | $30.0M | $-7.4M | ||
| Q4 24 | $31.0M | $44.0M | ||
| Q3 24 | $58.7M | $18.9M | ||
| Q2 24 | $5.5M | $-14.0K |
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | $50.7M | ||
| Q3 25 | $52.4M | $46.1M | ||
| Q2 25 | $-26.9M | $49.3M | ||
| Q1 25 | $19.1M | $-8.1M | ||
| Q4 24 | $22.0M | $43.2M | ||
| Q3 24 | $50.2M | $18.7M | ||
| Q2 24 | $-1.8M | $-122.0K |
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 21.2% | ||
| Q3 25 | 14.6% | 20.5% | ||
| Q2 25 | -7.8% | 22.9% | ||
| Q1 25 | 5.5% | -3.9% | ||
| Q4 24 | 6.4% | 21.6% | ||
| Q3 24 | 14.7% | 10.1% | ||
| Q2 24 | -0.5% | -0.1% |
| Q1 26 | 7.8% | — | ||
| Q4 25 | 1.9% | 0.1% | ||
| Q3 25 | 1.3% | 0.0% | ||
| Q2 25 | 2.1% | 0.5% | ||
| Q1 25 | 3.2% | 0.4% | ||
| Q4 24 | 2.6% | 0.4% | ||
| Q3 24 | 2.5% | 0.1% | ||
| Q2 24 | 2.2% | 0.1% |
| Q1 26 | 7.37× | — | ||
| Q4 25 | 1.77× | 4.31× | ||
| Q3 25 | 2.41× | 16.57× | ||
| Q2 25 | — | — | ||
| Q1 25 | 12.08× | — | ||
| Q4 24 | 1.48× | — | ||
| Q3 24 | 1.92× | — | ||
| Q2 24 | 0.18× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APOG
| Architectural Services | $127.1M | 36% |
| Architectural Metals | $110.0M | 31% |
| Architectural Glass | $67.4M | 19% |
| Performance Surfaces | $54.3M | 15% |
WK
| License And Service | $219.3M | 92% |
| XBRL Professional Services | $16.4M | 7% |
| Other Services | $3.2M | 1% |
