Shares of Workiva Inc. (NYSE: WK) surged around 5% in pre-market trading on Wednesday, following the company's impressive fourth-quarter 2024 earnings report and a positive, albeit cautious, outlook for 2025.

The cloud platform provider for integrated reporting and compliance solutions reported a 20% year-over-year increase in total revenue for Q4 2024, reaching $200 million. Subscription revenue, the company's primary business, grew an impressive 22% to $181 million. Workiva also saw improvements in key metrics like gross margin, operating profit, and net retention rate, reflecting its operational efficiency and customer stickiness.

Analysts from firms such as William Blair, Stifel Nicolaus, and BMO Capital have reiterated their bullish stance on Workiva, citing the company's strong performance, growth potential, and strategic investments in areas like sustainability solutions. Workiva's carbon reporting offerings have been a top booking solution for 10 consecutive quarters, highlighting the growing demand for such services.

For the full year 2025, Workiva provided guidance for total revenue in the range of $864 million to $868 million, representing growth of around 20% at the midpoint. The company expects non-GAAP operating margins to improve to 5% to 5.5%, showcasing its focus on profitability alongside growth.

However, Workiva acknowledged potential headwinds from policy and geopolitical uncertainties, including potential regulatory changes in Europe and currency exchange rate impacts. As a result, the company has taken a balanced approach to its 2025 guidance, reflecting a cautious stance amid general market uncertainties.