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Side-by-side financial comparison of BALCHEM CORP (BCPC) and WORKIVA INC (WK). Click either name above to swap in a different company.

BALCHEM CORP is the larger business by last-quarter revenue ($270.7M vs $238.9M, roughly 1.1× WORKIVA INC). BALCHEM CORP runs the higher net margin — 14.9% vs 4.9%, a 9.9% gap on every dollar of revenue. On growth, WORKIVA INC posted the faster year-over-year revenue change (19.5% vs 8.1%). WORKIVA INC produced more free cash flow last quarter ($50.7M vs $33.8M). Over the past eight quarters, WORKIVA INC's revenue compounded faster (16.6% CAGR vs 7.5%).

Balchem Corp is a global specialty chemicals and nutritional ingredients provider that develops, manufactures and distributes application-specific products for human nutrition, animal health, pharmaceutical and industrial end markets, serving customers across North America, Europe and Asia Pacific.

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.

BCPC vs WK — Head-to-Head

Bigger by revenue
BCPC
BCPC
1.1× larger
BCPC
$270.7M
$238.9M
WK
Growing faster (revenue YoY)
WK
WK
+11.5% gap
WK
19.5%
8.1%
BCPC
Higher net margin
BCPC
BCPC
9.9% more per $
BCPC
14.9%
4.9%
WK
More free cash flow
WK
WK
$16.9M more FCF
WK
$50.7M
$33.8M
BCPC
Faster 2-yr revenue CAGR
WK
WK
Annualised
WK
16.6%
7.5%
BCPC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BCPC
BCPC
WK
WK
Revenue
$270.7M
$238.9M
Net Profit
$40.3M
$11.8M
Gross Margin
80.7%
Operating Margin
20.5%
3.3%
Net Margin
14.9%
4.9%
Revenue YoY
8.1%
19.5%
Net Profit YoY
8.7%
234.0%
EPS (diluted)
$1.25
$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.

Revenue
BCPC
BCPC
WK
WK
Q1 26
$270.7M
Q4 25
$263.6M
$238.9M
Q3 25
$267.6M
$224.2M
Q2 25
$255.5M
$215.2M
Q1 25
$250.5M
$206.3M
Q4 24
$240.0M
$199.9M
Q3 24
$239.9M
$185.6M
Q2 24
$234.1M
$177.5M
Net Profit
BCPC
BCPC
WK
WK
Q1 26
$40.3M
Q4 25
$39.2M
$11.8M
Q3 25
$40.3M
$2.8M
Q2 25
$38.3M
$-19.4M
Q1 25
$37.1M
$-21.4M
Q4 24
$33.6M
$-8.8M
Q3 24
$33.8M
$-17.0M
Q2 24
$32.1M
$-17.5M
Gross Margin
BCPC
BCPC
WK
WK
Q1 26
Q4 25
35.6%
80.7%
Q3 25
35.7%
79.3%
Q2 25
36.4%
77.0%
Q1 25
35.2%
76.6%
Q4 24
36.0%
77.1%
Q3 24
35.6%
76.5%
Q2 24
35.5%
76.8%
Operating Margin
BCPC
BCPC
WK
WK
Q1 26
20.5%
Q4 25
19.8%
3.3%
Q3 25
20.4%
-1.5%
Q2 25
20.1%
-10.3%
Q1 25
20.4%
-12.0%
Q4 24
19.8%
-6.7%
Q3 24
20.0%
-11.7%
Q2 24
19.6%
-13.0%
Net Margin
BCPC
BCPC
WK
WK
Q1 26
14.9%
Q4 25
14.9%
4.9%
Q3 25
15.1%
1.2%
Q2 25
15.0%
-9.0%
Q1 25
14.8%
-10.4%
Q4 24
14.0%
-4.4%
Q3 24
14.1%
-9.2%
Q2 24
13.7%
-9.9%
EPS (diluted)
BCPC
BCPC
WK
WK
Q1 26
$1.25
Q4 25
$1.21
$0.21
Q3 25
$1.24
$0.05
Q2 25
$1.17
$-0.35
Q1 25
$1.13
$-0.38
Q4 24
$1.03
$-0.15
Q3 24
$1.03
$-0.31
Q2 24
$0.98
$-0.32

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BCPC
BCPC
WK
WK
Cash + ST InvestmentsLiquidity on hand
$72.9M
$338.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$-5.4M
Total Assets
$1.7B
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCPC
BCPC
WK
WK
Q1 26
$72.9M
Q4 25
$74.6M
$338.8M
Q3 25
$65.1M
$315.9M
Q2 25
$65.4M
$284.3M
Q1 25
$49.9M
$242.0M
Q4 24
$49.5M
$301.8M
Q3 24
$73.7M
$248.2M
Q2 24
$63.7M
$267.9M
Stockholders' Equity
BCPC
BCPC
WK
WK
Q1 26
$1.3B
Q4 25
$1.3B
$-5.4M
Q3 25
$1.3B
$-36.9M
Q2 25
$1.3B
$-66.5M
Q1 25
$1.2B
$-75.7M
Q4 24
$1.1B
$-41.7M
Q3 24
$1.2B
$-50.8M
Q2 24
$1.1B
$-77.7M
Total Assets
BCPC
BCPC
WK
WK
Q1 26
$1.7B
Q4 25
$1.7B
$1.5B
Q3 25
$1.7B
$1.4B
Q2 25
$1.7B
$1.3B
Q1 25
$1.6B
$1.3B
Q4 24
$1.6B
$1.4B
Q3 24
$1.6B
$1.3B
Q2 24
$1.6B
$1.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BCPC
BCPC
WK
WK
Operating Cash FlowLast quarter
$40.1M
$51.0M
Free Cash FlowOCF − Capex
$33.8M
$50.7M
FCF MarginFCF / Revenue
12.5%
21.2%
Capex IntensityCapex / Revenue
2.3%
0.1%
Cash ConversionOCF / Net Profit
0.99×
4.31×
TTM Free Cash FlowTrailing 4 quarters
$138.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCPC
BCPC
WK
WK
Q1 26
$40.1M
Q4 25
$67.3M
$51.0M
Q3 25
$65.6M
$46.2M
Q2 25
$47.3M
$50.3M
Q1 25
$36.5M
$-7.4M
Q4 24
$52.3M
$44.0M
Q3 24
$51.3M
$18.9M
Q2 24
$45.0M
$-14.0K
Free Cash Flow
BCPC
BCPC
WK
WK
Q1 26
$33.8M
Q4 25
$50.7M
Q3 25
$46.1M
Q2 25
$49.3M
Q1 25
$-8.1M
Q4 24
$43.2M
Q3 24
$18.7M
Q2 24
$-122.0K
FCF Margin
BCPC
BCPC
WK
WK
Q1 26
12.5%
Q4 25
21.2%
Q3 25
20.5%
Q2 25
22.9%
Q1 25
-3.9%
Q4 24
21.6%
Q3 24
10.1%
Q2 24
-0.1%
Capex Intensity
BCPC
BCPC
WK
WK
Q1 26
2.3%
Q4 25
0.1%
Q3 25
0.0%
Q2 25
0.5%
Q1 25
0.4%
Q4 24
0.4%
Q3 24
0.1%
Q2 24
0.1%
Cash Conversion
BCPC
BCPC
WK
WK
Q1 26
0.99×
Q4 25
1.72×
4.31×
Q3 25
1.63×
16.57×
Q2 25
1.23×
Q1 25
0.98×
Q4 24
1.56×
Q3 24
1.52×
Q2 24
1.40×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BCPC
BCPC

Segment breakdown not available.

WK
WK

License And Service$219.3M92%
XBRL Professional Services$16.4M7%
Other Services$3.2M1%

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