Workday, Inc. (WDAY) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 5, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2027, filed Aug 27, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the WDAY SEC filings page.
Workday, Inc. (WDAY) reported $10.2B in revenue over the twelve months to Jul 31, 2026, up 13.3% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Workday is turning faster revenue growth into expanding operating profit and cash flow, while buybacks have reduced balance-sheet flexibility.
Operating margin moved from-3.6% in FY2023 to7.6% in FY2026 as revenue expanded each year; that pattern points to fixed-cost absorption, not just a one-period accounting improvement. FY2026 operating cash flow of$2.9B nearly became free cash flow of$2.8B , while net income was$693M , indicating cash conversion materially exceeded reported earnings and capital spending consumed relatively little.
FY2026 R&D was
FY2026 buybacks totaled
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Workday, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Workday, Inc. has an operating margin of 7.5%, meaning the company retains $8 of operating profit per $100 of revenue. This results in a moderate score of 42/100, indicating healthy but not exceptional operating efficiency. This is up from 4.9% the prior year.
Workday, Inc.'s revenue grew 13.1% year-over-year to $9.6B, a solid pace of expansion. This earns a growth score of 75/100.
Workday, Inc. has a moderate D/E ratio of 0.38. This balance of debt and equity financing earns a leverage score of 37/100.
Workday, Inc.'s current ratio of 1.32 indicates adequate short-term liquidity, earning a score of 34/100. The company can meet its near-term obligations, though with limited headroom.
Workday, Inc. converts 29.1% of revenue into free cash flow ($2.8B). This strong cash generation earns a score of 93/100.
Workday, Inc.'s ROE of 8.9% shows moderate profitability relative to equity, earning a score of 36/100. This is up from 5.8% the prior year.
Workday, Inc. scores 3.42, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($45.5B) relative to total liabilities ($10.3B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Workday, Inc. passes 6 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Workday, Inc. generates $4.24 in operating cash flow ($2.9B OCF vs $693.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Workday, Inc. earns $6.32 in operating income for every $1 of interest expense ($721.0M vs $114.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Workday, Inc. generated $2.6B in revenue in Q2 2027. This represents an increase of 12.8% from the same quarter a year earlier. Against the prior quarter it is up 4.2%.
Workday, Inc.'s EBITDA was $403.0M in Q2 2027, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 22.9% from the same quarter a year earlier. Against the prior quarter it is down 6.1%.
Workday, Inc. reported $632.0M in net income in Q2 2027. This represents an increase of 177.2% from the same quarter a year earlier. Against the prior quarter it is up 184.7%.
Workday, Inc. earned $2.57 per diluted share (EPS) in Q2 2027. This represents an increase of 206.0% from the same quarter a year earlier. Against the prior quarter it is up 195.4%.
Cash & Balance Sheet
Workday, Inc. generated $460.0M in free cash flow in Q2 2027, representing cash available after capex. This represents a decrease of 21.8% from the same quarter a year earlier. Against the prior quarter it is down 25.3%.
Workday, Inc. held $661.0M in cash against $2.0B in long-term debt as of Q2 2027.
Not reported for Q2 2027.
Margins & Returns
Workday, Inc.'s operating margin was 11.8% in Q2 2027, reflecting core business profitability. This is up 1.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.5 percentage points.
Workday, Inc.'s net profit margin was 23.9% in Q2 2027, showing the share of revenue converted to profit. This is up 14.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 15.1 percentage points.
Workday, Inc.'s ROE was 9.8% in Q2 2027, measuring profit generated per dollar of shareholder equity. This is up 7.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.5 percentage points.
Not reported for Q2 2027.
Capital Allocation
Workday, Inc. invested $747.0M in research and development in Q2 2027. This represents an increase of 13.2% from the same quarter a year earlier. Against the prior quarter it is up 6.0%.
Workday, Inc. spent $1.3B on share buybacks in Q2 2027, returning capital to shareholders by reducing shares outstanding. This represents an increase of 347.2% from the same quarter a year earlier. Against the prior quarter it is down 15.8%.
Workday, Inc. invested $59.0M in capex in Q2 2027, funding long-term assets and infrastructure. This represents an increase of 110.7% from the same quarter a year earlier. Against the prior quarter it is down 26.3%.
WDAY Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2710-Q | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.6B+12.8% | $2.5B+13.5% | $2.5B+14.5% | $2.4B+12.6% | $2.3B+12.6% | $2.2B+12.6% | $2.2B+15.0% | $2.2B+15.8% |
| R&D Expenses | $747.0M+13.2% | $705.0M+6.3% | $690.0M+2.4% | $666.0M+2.9% | $660.0M+1.7% | $663.0M+1.1% | $674.0M+6.1% | $647.0M+4.5% |
| SG&A Expenses | $231.0M+6.9% | $216.0M+1.9% | $250.0M+13.6% | $234.0M+18.2% | $216.0M+6.9% | $212.0M+6.0% | $220.0M+16.4% | $198.0M+12.5% |
| Operating Income | $313.0M+26.2% | $338.0M+766.7% | $175.0M+133.3% | $259.0M+57.0% | $248.0M+123.4% | $39.0M-39.1% | $75.0M-5.1% | $165.0M+87.5% |
| EBITDA | $403.0M+22.9% | $429.0M+251.6% | $165.0M+89.7% | $343.0M+40.0% | $328.0M+73.5% | $122.0M-10.9% | $87.0M-25.6% | $245.0M+57.1% |
| Interest Expense | $28.0M-3.4% | $29.0M0.0% | $27.0M0.0% | $29.0M0.0% | $29.0M0.0% | $29.0M0.0% | $27.0M-3.3% | $29.0M+1.6% |
| Income Tax | -$305.0M-501.3% | $133.0M+280.0% | $119.0M+357.7% | $86.0M+152.9% | $76.0M+111.1% | $35.0M+118.8% | $26.0M+102.5% | $34.0M+126.7% |
| Net Income | $632.0M+177.2% | $222.0M+226.5% | $145.0M+54.3% | $252.0M+30.6% | $228.0M+72.7% | $68.0M-36.4% | $94.0M-92.1% | $193.0M+69.3% |
| EPS (Basic) | $2.58+200.0% | $0.87+248.0% | $0.55+57.1% | $0.95+30.1% | $0.86+72.0% | $0.25-37.5% | $0.35-92.3% | $0.73+69.8% |
| EPS (Diluted) | $2.57+206.0% | $0.87+248.0% | $0.56+64.7% | $0.94+30.6% | $0.84+71.4% | $0.25-37.5% | $0.34-92.4% | $0.72+67.4% |
| Diluted Shares (Avg) | 246M-8.8% | 254M-5.9% | N/A | 269M0.0% | 270M+0.8% | 270M0.0% | N/A | 269M+0.8% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit.
WDAY Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2710-Q | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $15.9B-11.7% | $16.1B-6.5% | $18.1B+0.5% | $17.8B+8.1% | $18.0B+10.6% | $17.2B+8.0% | $18.0B+9.3% | $16.4B+17.9% |
| Current Assets | $6.0B-42.6% | $6.6B-33.8% | $8.4B-20.1% | $9.2B+1.1% | $10.4B+13.1% | $10.0B+12.3% | $10.5B+6.1% | $9.1B+5.9% |
| Cash & Equivalents | $661.0M-47.7% | $559.0M-42.5% | $1.5B-2.7% | $2.6B+99.0% | $1.3B-22.7% | $972.0M-44.5% | $1.5B-23.3% | $1.3B-16.2% |
| Short-Term Investments | $2.7B-60.4% | $3.8B-45.8% | $3.9B-39.1% | $4.2B-27.6% | $6.9B+20.6% | $7.0B+28.9% | $6.5B+11.6% | $5.8B+10.0% |
| Accounts Receivable | $1.9B+17.8% | $1.6B+15.6% | $2.3B+19.6% | $1.8B+24.6% | $1.6B+24.5% | $1.4B+20.3% | $1.9B+19.0% | $1.4B+14.6% |
| Long-Term Investments | $234.0M-7.9% | $223.0M-10.4% | $233.0M-5.7% | $239.0M-2.4% | $254.0M+6.3% | $249.0M+3.8% | $247.0M-0.4% | $245.0M-2.1% |
| Goodwill | $5.2B+50.3% | $5.2B+50.3% | $5.2B+50.3% | $4.3B+22.5% | $3.5B+6.8% | $3.5B+6.8% | $3.5B+22.2% | $3.5B+22.2% |
| Total Liabilities | $9.4B+6.9% | $9.4B+13.4% | $10.3B+14.8% | $8.9B+13.7% | $8.8B+11.4% | $8.3B+6.6% | $8.9B+6.8% | $7.8B+6.8% |
| Current Liabilities | $6.6B+32.9% | $6.5B+35.6% | $6.4B+15.0% | $5.0B+13.5% | $4.9B+9.6% | $4.8B+8.9% | $5.5B+9.8% | $4.4B+9.7% |
| Non-Current Liabilities | $2.8B-26.5% | $2.9B-17.3% | $3.9B+14.6% | $3.9B+14.1% | $3.8B+13.9% | $3.5B+3.6% | $3.4B+2.4% | $3.4B+3.3% |
| Long-Term Debt | $2.0B-33.3% | $2.0B-33.3% | $3.0B+0.1% | $3.0B+0.1% | $3.0B+0.1% | $3.0B+0.1% | $3.0B+0.1% | $3.0B+0.1% |
| Total Equity | $6.5B-29.6% | $6.7B-25.1% | $7.8B-13.6% | $8.9B+3.0% | $9.2B+9.9% | $8.9B+9.3% | $9.0B+11.8% | $8.6B+30.2% |
| Retained Earnings | $342.0M+137.6% | -$290.0M+74.5% | -$512.0M+57.5% | -$657.0M+49.4% | -$909.0M+39.1% | -$1.1B+30.0% | -$1.2B+30.4% | -$1.3B+55.5% |
Not reported in any period shown, so not listed: Inventory.
WDAY Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2710-Q | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $519.0M-15.7% | $696.0M+52.3% | $1.3B+14.9% | $588.0M+44.8% | $616.0M+7.9% | $457.0M+22.8% | $1.1B+11.6% | $406.0M-10.0% |
| Depreciation & Amortization | $90.0M+12.5% | $91.0M+9.6% | $57.0M-17.4% | $84.0M+5.0% | $80.0M+2.6% | $83.0M+13.7% | $69.0M+27.8% | $80.0M+17.6% |
| Stock-Based Compensation | $462.0M+18.2% | $409.0M-10.9% | N/A | $376.0M+2.2% | $391.0M+5.7% | $459.0M+19.2% | N/A | $368.0M+5.4% |
| Capital Expenditures | $59.0M+110.7% | $80.0M+122.2% | $60.0M-30.2% | $38.0M-19.1% | $28.0M-49.1% | $36.0M-55.6% | $86.0M+75.5% | $47.0M-21.7% |
| Free Cash Flow | $460.0M-21.8% | $616.0M+46.3% | $1.2B+18.7% | $550.0M+53.2% | $588.0M+14.0% | $421.0M+44.7% | $1.0B+8.3% | $359.0M-8.2% |
| Investing Cash Flow | $946.0M+7176.9% | $97.0M+118.5% | -$844.0M-16.1% | $1.7B+474.9% | $13.0M+103.8% | -$523.0M-102.7% | -$727.0M-51.1% | -$450.0M-161.6% |
| Financing Cash Flow | -$1.4B-291.4% | -$1.7B-245.9% | -$1.5B-902.6% | -$925.0M-228.0% | -$349.0M-0.6% | -$501.0M-36.5% | -$154.0M-129.9% | -$282.0M-88.0% |
| Share Buybacks | $1.3B+347.2% | $1.6B+447.2% | $1.5B+1360.2% | $802.0M+407.6% | $299.0M-4.2% | $290.0M+126.6% | $103.0M-26.4% | $158.0M+9.0% |
Not reported in any period shown, so not listed: Dividends Paid.
WDAY Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2710-Q | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 11.8%+1.3pp | 13.3%+11.6pp | 6.9%+3.5pp | 10.7%+3.0pp | 10.6%+5.2pp | 1.7%-1.5pp | 3.4%-0.7pp | 7.6%+2.9pp |
| Net Margin | 23.9%+14.2pp | 8.7%+5.7pp | 5.7%+1.5pp | 10.4%+1.4pp | 9.7%+3.4pp | 3.0%-2.3pp | 4.3%-57.6pp | 8.9%+2.8pp |
| Return on Equity | 9.8%+7.3pp | 3.3%+2.6pp | 1.9%+0.8pp | 2.8%+0.6pp | 2.5%+0.9pp | 0.8%-0.6pp | 1.0%-13.7pp | 2.2%+0.5pp |
| Return on Assets | 4.0%+2.7pp | 1.4%+1.0pp | 0.8%+0.3pp | 1.4%+0.2pp | 1.3%+0.5pp | 0.4%-0.3pp | 0.5%-6.7pp | 1.2%+0.4pp |
| Current Ratio | 0.91-1.2x | 1.01-1.1x | 1.32-0.6x | 1.83-0.2x | 2.10+0.1x | 2.07+0.1x | 1.90-0.1x | 2.05-0.1x |
| Debt-to-Equity | 0.310.0x | 0.300.0x | 0.38+0.1x | 0.340.0x | 0.330.0x | 0.330.0x | 0.330.0x | 0.35-0.1x |
| Asset Turnover | 0.170.0x | 0.160.0x | 0.140.0x | 0.140.0x | 0.130.0x | 0.130.0x | 0.120.0x | 0.130.0x |
| FCF Margin | 17.4%-7.7pp | 24.2%+5.4pp | 48.1%+1.7pp | 22.6%+6.0pp | 25.0%+0.3pp | 18.8%+4.2pp | 46.4%-2.9pp | 16.6%-4.3pp |
Not reported in any period shown, so not listed: Gross Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Workday, Inc. WDAY | FY2026 | $9.6B | $693.0M | 7.3% | $45.5B | 53/100 |
| Roper Technologies, Inc. ROP | FY2025 | $7.9B | $1.5B | 19.4% | $35.0B | 44/100 |
| Autodesk Inc ADSK | FY2026 | $7.2B | $1.1B | 15.6% | $44.3B | 72/100 |
| Paychex Inc PAYX | FY2026 | $6.5B | $1.8B | 27.0% | $35.2B | 71/100 |
| Datadog, Inc. DDOG | FY2025 | $3.4B | $107.7M | 3.1% | $99.5B | 63/100 |
| Snowflake Inc. SNOW | FY2026 | $4.7B | -$1.3B | -28.4% | $120.3B | 47/100 |
Where Workday, Inc. Ranks
Frequently Asked Questions
What is Workday, Inc.'s annual revenue?
Workday, Inc. (WDAY) reported $9.6B in total revenue for fiscal year 2026. This represents a 13.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Workday, Inc.'s revenue growing?
Workday, Inc. (WDAY) revenue grew by 13.1% year-over-year, from $8.4B to $9.6B in fiscal year 2026.
Is Workday, Inc. profitable?
Yes, Workday, Inc. (WDAY) reported a net income of $693.0M in fiscal year 2026, with a net profit margin of 7.3%.
What is Workday, Inc.'s EBITDA?
Workday, Inc. (WDAY) had EBITDA of $958.0M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Workday, Inc. have?
As of fiscal year 2026, Workday, Inc. (WDAY) had $1.5B in cash and equivalents against $3.0B in long-term debt.
What is Workday, Inc.'s operating margin?
Workday, Inc. (WDAY) had an operating margin of 7.5% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Workday, Inc.'s net profit margin?
Workday, Inc. (WDAY) had a net profit margin of 7.3% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Workday, Inc.'s return on equity (ROE)?
Workday, Inc. (WDAY) has a return on equity of 8.9% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Workday, Inc.'s free cash flow?
Workday, Inc. (WDAY) generated $2.8B in free cash flow during fiscal year 2026. This represents a 26.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Workday, Inc.'s operating cash flow?
Workday, Inc. (WDAY) generated $2.9B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Workday, Inc.'s total assets?
Workday, Inc. (WDAY) had $18.1B in total assets as of fiscal year 2026, including both current and long-term assets.
What are Workday, Inc.'s capital expenditures?
Workday, Inc. (WDAY) invested $162.0M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does Workday, Inc. spend on research and development?
Workday, Inc. (WDAY) invested $2.7B in research and development during fiscal year 2026.
What is Workday, Inc.'s current ratio?
Workday, Inc. (WDAY) had a current ratio of 1.32 as of fiscal year 2026, which is considered adequate.
What is Workday, Inc.'s debt-to-equity ratio?
Workday, Inc. (WDAY) had a debt-to-equity ratio of 0.38 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Workday, Inc.'s return on assets (ROA)?
Workday, Inc. (WDAY) had a return on assets of 3.8% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Workday, Inc.'s P/E ratio?
Workday, Inc. (WDAY) trades at 36.4x earnings, its market capitalization divided by net income of $1.3B net income, trailing 12 months to July 31, 2026. The market capitalization is $45.5B as of Oct 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Workday, Inc.'s price-to-sales ratio?
Workday, Inc. (WDAY) trades at 4.5x sales, its market capitalization divided by revenue of $10.2B revenue, trailing 12 months to July 31, 2026. The market capitalization is $45.5B as of Oct 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Workday, Inc.'s Altman Z-Score?
Workday, Inc. (WDAY) has an Altman Z-Score of 3.42, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Workday, Inc.'s Piotroski F-Score?
Workday, Inc. (WDAY) has a Piotroski F-Score of 6 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Workday, Inc.'s earnings high quality?
Workday, Inc. (WDAY) has an earnings quality ratio of 4.24x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Workday, Inc. cover its interest payments?
Workday, Inc. (WDAY) has an interest coverage ratio of 6.32x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Workday, Inc.?
Workday, Inc. (WDAY) scores 53 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.