vs

Side-by-side financial comparison of Phoenix Education Partners, Inc. (PXED) and WORKIVA INC (WK). Click either name above to swap in a different company.

WORKIVA INC is the larger business by last-quarter revenue ($238.9M vs $222.5M, roughly 1.1× Phoenix Education Partners, Inc.). WORKIVA INC runs the higher net margin — 4.9% vs 4.8%, a 0.1% gap on every dollar of revenue. WORKIVA INC produced more free cash flow last quarter ($50.7M vs $43.5M).

The University of Phoenix (UoPX) is a private for-profit university headquartered in Phoenix, Arizona. Founded in 1976, the university confers certificates and degrees at the certificate, associate, bachelor's, master's, and doctoral degree levels. It is institutionally accredited by the Higher Learning Commission and has an open enrollment admissions policy for many undergraduate programs. The school is owned by Phoenix Education Partners.

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.

PXED vs WK — Head-to-Head

Bigger by revenue
WK
WK
1.1× larger
WK
$238.9M
$222.5M
PXED
Higher net margin
WK
WK
0.1% more per $
WK
4.9%
4.8%
PXED
More free cash flow
WK
WK
$7.2M more FCF
WK
$50.7M
$43.5M
PXED

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
PXED
PXED
WK
WK
Revenue
$222.5M
$238.9M
Net Profit
$10.8M
$11.8M
Gross Margin
80.7%
Operating Margin
6.3%
3.3%
Net Margin
4.8%
4.9%
Revenue YoY
19.5%
Net Profit YoY
234.0%
EPS (diluted)
$0.28
$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
PXED
PXED
WK
WK
Q1 26
$222.5M
Q4 25
$262.0M
$238.9M
Q3 25
$224.2M
Q2 25
$215.2M
Q1 25
$206.3M
Q4 24
$199.9M
Q3 24
$185.6M
Q2 24
$177.5M
Net Profit
PXED
PXED
WK
WK
Q1 26
$10.8M
Q4 25
$15.5M
$11.8M
Q3 25
$2.8M
Q2 25
$-19.4M
Q1 25
$-21.4M
Q4 24
$-8.8M
Q3 24
$-17.0M
Q2 24
$-17.5M
Gross Margin
PXED
PXED
WK
WK
Q1 26
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%
Operating Margin
PXED
PXED
WK
WK
Q1 26
6.3%
Q4 25
9.8%
3.3%
Q3 25
-1.5%
Q2 25
-10.3%
Q1 25
-12.0%
Q4 24
-6.7%
Q3 24
-11.7%
Q2 24
-13.0%
Net Margin
PXED
PXED
WK
WK
Q1 26
4.8%
Q4 25
5.9%
4.9%
Q3 25
1.2%
Q2 25
-9.0%
Q1 25
-10.4%
Q4 24
-4.4%
Q3 24
-9.2%
Q2 24
-9.9%
EPS (diluted)
PXED
PXED
WK
WK
Q1 26
$0.28
Q4 25
$0.40
$0.21
Q3 25
$0.05
Q2 25
$-0.35
Q1 25
$-0.38
Q4 24
$-0.15
Q3 24
$-0.31
Q2 24
$-0.32

Balance Sheet & Financial Strength

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

Metric
PXED
PXED
WK
WK
Cash + ST InvestmentsLiquidity on hand
$201.4M
$338.8M
Total DebtLower is stronger
$58.8M
Stockholders' EquityBook value
$291.1M
$-5.4M
Total Assets
$546.4M
$1.5B
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PXED
PXED
WK
WK
Q1 26
$201.4M
Q4 25
$163.5M
$338.8M
Q3 25
$315.9M
Q2 25
$284.3M
Q1 25
$242.0M
Q4 24
$301.8M
Q3 24
$248.2M
Q2 24
$267.9M
Total Debt
PXED
PXED
WK
WK
Q1 26
$58.8M
Q4 25
$61.6M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
PXED
PXED
WK
WK
Q1 26
$291.1M
Q4 25
$280.4M
$-5.4M
Q3 25
$-36.9M
Q2 25
$-66.5M
Q1 25
$-75.7M
Q4 24
$-41.7M
Q3 24
$-50.8M
Q2 24
$-77.7M
Total Assets
PXED
PXED
WK
WK
Q1 26
$546.4M
Q4 25
$549.6M
$1.5B
Q3 25
$1.4B
Q2 25
$1.3B
Q1 25
$1.3B
Q4 24
$1.4B
Q3 24
$1.3B
Q2 24
$1.2B
Debt / Equity
PXED
PXED
WK
WK
Q1 26
0.20×
Q4 25
0.22×
Q3 25
Q2 25
Q1 25
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
PXED
PXED
WK
WK
Operating Cash FlowLast quarter
$48.9M
$51.0M
Free Cash FlowOCF − Capex
$43.5M
$50.7M
FCF MarginFCF / Revenue
19.6%
21.2%
Capex IntensityCapex / Revenue
2.4%
0.1%
Cash ConversionOCF / Net Profit
4.53×
4.31×
TTM Free Cash FlowTrailing 4 quarters
$138.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PXED
PXED
WK
WK
Q1 26
$48.9M
Q4 25
$31.1M
$51.0M
Q3 25
$46.2M
Q2 25
$50.3M
Q1 25
$-7.4M
Q4 24
$44.0M
Q3 24
$18.9M
Q2 24
$-14.0K
Free Cash Flow
PXED
PXED
WK
WK
Q1 26
$43.5M
Q4 25
$26.4M
$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
PXED
PXED
WK
WK
Q1 26
19.6%
Q4 25
10.1%
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
PXED
PXED
WK
WK
Q1 26
2.4%
Q4 25
1.8%
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
PXED
PXED
WK
WK
Q1 26
4.53×
Q4 25
2.01×
4.31×
Q3 25
16.57×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

PXED
PXED

Segment breakdown not available.

WK
WK

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

Related Comparisons