An apparatus for producing a workpiece with internal toothing, especially an internal geared wheel, by using a cup-like preform (N) with a substantially cylindrical side wall (N1) and a mandrel (5) with an external profile (6) according to the internal toothing to be produced, as well as with a forming tool which reduces the outside diameter of the cylindrical side wall during an advancing movement, as a result of which the material of the cylinder wall region flows into the external profile (6) of the mandrel (5), characterized in that the forming tool is configured as a drawing ring (14) ensuring the ironing of the cylinder wall region (N1) during an advancing movement and that two tool elements act upon the preform (N) during the ironing, which tool elements produce axial compressive stresses in the cylinder wall region (N1) of the preform.