Exhibit 12.1
WORKIVA INC.

Computation of Ratio of Earnings to Fixed Charges
(in thousands)

Year ended December 31, 
2017 2016 2015 2014 2013 
Earnings 
Loss before provision for income taxes $(44,365)$(43,953)$(43,406)$(41,122)$(29,544)
Fixed charges 3,413 3,176 3,257 3,106 1,211 
Total earnings as defined $(40,952)$(40,777)$(40,149)$(38,016)$(28,333)
Fixed charges 
  Interest expense (1)
$1,844 $1,875 $2,025 $2,044 $366 
 Estimated interest component of rental expense (2)
1,569 1,301 1,232 1,062 845 
Total fixed charges as defined $3,413 $3,176 $3,257 $3,106 $1,211 
Ratio of earnings to fixed charges — — — — — 
Deficiency of earnings available to cover fixed charges $(44,365)$(43,953)$(43,406)$(41,122)$(29,544)

(1) Interest expense includes amortization expense for debt issuance costs.
(2) One-third of net rent expense is the portion deemed representative of the interest factor.