vs
Side-by-side financial comparison of Emerald Holding, Inc. (EEX) and WORKIVA INC (WK). Click either name above to swap in a different company.
WORKIVA INC is the larger business by last-quarter revenue ($247.3M vs $132.7M, roughly 1.9× Emerald Holding, Inc.). WORKIVA INC runs the higher net margin — 7.7% vs -22.8%, a 30.4% gap on every dollar of revenue. On growth, Emerald Holding, Inc. posted the faster year-over-year revenue change (24.3% vs 19.9%). WORKIVA INC produced more free cash flow last quarter ($25.7M vs $11.7M). Over the past eight quarters, WORKIVA INC's revenue compounded faster (18.0% CAGR vs -0.3%).
TVS Emerald Haven Realty Limited is an Indian real estate development company headquartered in Chennai, Tamil Nadu. A subsidiary of TVS Holdings, it specializes in sustainable residential communities and urban development projects.
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.
EEX vs WK — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $132.7M | $247.3M |
| Net Profit | $-30.2M | $19.0M |
| Gross Margin | — | 80.4% |
| Operating Margin | -11.8% | 25.8% |
| Net Margin | -22.8% | 7.7% |
| Revenue YoY | 24.3% | 19.9% |
| Net Profit YoY | -692.2% | — |
| EPS (diluted) | $-0.15 | $0.33 |
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 | — | $247.3M | ||
| Q4 25 | $132.7M | $238.9M | ||
| Q3 25 | $77.5M | $224.2M | ||
| Q2 25 | $105.5M | $215.2M | ||
| Q1 25 | $147.7M | $206.3M | ||
| Q4 24 | $106.8M | $199.9M | ||
| Q3 24 | $72.6M | $185.6M | ||
| Q2 24 | $86.0M | $177.5M |
| Q1 26 | — | $19.0M | ||
| Q4 25 | $-30.2M | $11.8M | ||
| Q3 25 | $-14.4M | $2.8M | ||
| Q2 25 | $-1.4M | $-19.4M | ||
| Q1 25 | $15.3M | $-21.4M | ||
| Q4 24 | $5.1M | $-8.8M | ||
| Q3 24 | $-11.1M | $-17.0M | ||
| Q2 24 | $-2.8M | $-17.5M |
| Q1 26 | — | 80.4% | ||
| Q4 25 | — | 80.7% | ||
| Q3 25 | — | 79.3% | ||
| Q2 25 | — | 77.0% | ||
| Q1 25 | — | 76.6% | ||
| Q4 24 | — | 77.1% | ||
| Q3 24 | — | 76.5% | ||
| Q2 24 | — | 76.8% |
| Q1 26 | — | 25.8% | ||
| Q4 25 | -11.8% | 3.3% | ||
| Q3 25 | -10.1% | -1.5% | ||
| Q2 25 | 9.7% | -10.3% | ||
| Q1 25 | 24.2% | -12.0% | ||
| Q4 24 | 19.5% | -6.7% | ||
| Q3 24 | -6.5% | -11.7% | ||
| Q2 24 | 7.4% | -13.0% |
| Q1 26 | — | 7.7% | ||
| Q4 25 | -22.8% | 4.9% | ||
| Q3 25 | -18.6% | 1.2% | ||
| Q2 25 | -1.3% | -9.0% | ||
| Q1 25 | 10.4% | -10.4% | ||
| Q4 24 | 4.8% | -4.4% | ||
| Q3 24 | -15.3% | -9.2% | ||
| Q2 24 | -3.3% | -9.9% |
| Q1 26 | — | $0.33 | ||
| Q4 25 | $-0.15 | $0.21 | ||
| Q3 25 | $-0.07 | $0.05 | ||
| Q2 25 | $-0.01 | $-0.35 | ||
| Q1 25 | $0.08 | $-0.38 | ||
| Q4 24 | $0.01 | $-0.15 | ||
| Q3 24 | $-0.05 | $-0.31 | ||
| Q2 24 | $-0.03 | $-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 | $100.9M | $334.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $338.8M | — |
| Total Assets | $1.2B | $1.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $334.3M | ||
| Q4 25 | $100.9M | $338.8M | ||
| Q3 25 | $95.4M | $315.9M | ||
| Q2 25 | $156.4M | $284.3M | ||
| Q1 25 | $276.8M | $242.0M | ||
| Q4 24 | $194.8M | $301.8M | ||
| Q3 24 | $188.9M | $248.2M | ||
| Q2 24 | $193.2M | $267.9M |
| Q1 26 | — | — | ||
| Q4 25 | $338.8M | $-5.4M | ||
| Q3 25 | $369.5M | $-36.9M | ||
| Q2 25 | $389.4M | $-66.5M | ||
| Q1 25 | $392.1M | $-75.7M | ||
| Q4 24 | $385.9M | $-41.7M | ||
| Q3 24 | $391.1M | $-50.8M | ||
| Q2 24 | $407.6M | $-77.7M |
| Q1 26 | — | $1.4B | ||
| Q4 25 | $1.2B | $1.5B | ||
| Q3 25 | $1.2B | $1.4B | ||
| Q2 25 | $1.2B | $1.3B | ||
| Q1 25 | $1.2B | $1.3B | ||
| Q4 24 | $1.0B | $1.4B | ||
| Q3 24 | $1.1B | $1.3B | ||
| Q2 24 | $1.1B | $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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | $12.3M | — |
| Free Cash FlowOCF − Capex | $11.7M | $25.7M |
| FCF MarginFCF / Revenue | 8.8% | 10.4% |
| Capex IntensityCapex / Revenue | 0.5% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $41.4M | $171.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $12.3M | $51.0M | ||
| Q3 25 | $1.8M | $46.2M | ||
| Q2 25 | $15.9M | $50.3M | ||
| Q1 25 | $12.6M | $-7.4M | ||
| Q4 24 | $20.6M | $44.0M | ||
| Q3 24 | $9.1M | $18.9M | ||
| Q2 24 | $9.8M | $-14.0K |
| Q1 26 | — | $25.7M | ||
| Q4 25 | $11.7M | $50.7M | ||
| Q3 25 | $1.5M | $46.1M | ||
| Q2 25 | $15.8M | $49.3M | ||
| Q1 25 | $12.4M | $-8.1M | ||
| Q4 24 | $19.9M | $43.2M | ||
| Q3 24 | $9.0M | $18.7M | ||
| Q2 24 | $9.6M | $-122.0K |
| Q1 26 | — | 10.4% | ||
| Q4 25 | 8.8% | 21.2% | ||
| Q3 25 | 1.9% | 20.5% | ||
| Q2 25 | 15.0% | 22.9% | ||
| Q1 25 | 8.4% | -3.9% | ||
| Q4 24 | 18.6% | 21.6% | ||
| Q3 24 | 12.4% | 10.1% | ||
| Q2 24 | 11.2% | -0.1% |
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 0.1% | ||
| Q3 25 | 0.4% | 0.0% | ||
| Q2 25 | 0.1% | 0.5% | ||
| Q1 25 | 0.1% | 0.4% | ||
| Q4 24 | 0.7% | 0.4% | ||
| Q3 24 | 0.1% | 0.1% | ||
| Q2 24 | 0.2% | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.31× | ||
| Q3 25 | — | 16.57× | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.82× | — | ||
| Q4 24 | 4.04× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EEX
| Connections Segment | $121.9M | 92% |
| Commerce Segment | $5.5M | 4% |
| Content | $5.3M | 4% |
WK
| Subscription and support | $225.4M | 91% |
| Other | $22.0M | 9% |