Welcome to our dedicated page for Workday SEC filings (Ticker: WDAY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Workday, Inc. filings document the formal disclosures of an enterprise software company built around cloud applications and AI-enabled workflows for human resources, finance, planning, government, and education markets. Its reports include results of operations, subscription revenue disclosures, operating margin measures, capital allocation updates, and material-event filings for share repurchase authorizations and exit or disposal activities.
Workday proxy and governance filings cover board matters, executive compensation, equity incentive awards, severance and change-in-control policies, annual meeting proposals, stockholder voting mechanics, and the company’s Class A and Class B common stock structure. Form 8-K filings also record leadership changes, compensation arrangements, exhibits, and Regulation FD disclosure practices.
Workday, Inc. reported strong fiscal 2026 fourth quarter and full-year results, highlighted by double-digit growth and rising profitability. Fourth quarter total revenues were $2.532 billion, up 14.5% year-over-year, with subscription revenues of $2.360 billion, up 15.7%. GAAP diluted EPS rose to $0.55 from $0.35, while non-GAAP diluted EPS increased to $2.47 from $1.92.
For fiscal 2026, total revenues reached $9.552 billion, up 13.1%, with subscription revenues of $8.833 billion, up 14.5%. GAAP diluted EPS grew to $2.59 from $1.95, and non-GAAP diluted EPS rose to $9.23 from $7.30. Operating cash flows were $2.939 billion, up 19.4%, and free cash flows were $2.777 billion, up 26.7%.
Workday ended the year with a 12‑month subscription revenue backlog of $8.833 billion, up 15.8%, and total subscription revenue backlog of $28.101 billion, up 12.2%. The company repurchased approximately 12.8 million shares for $2.9 billion and held $5.443 billion in cash, cash equivalents, and marketable securities. Management guided fiscal 2027 subscription revenues to $9.925–$9.950 billion, representing 12%–13% growth, with a targeted non-GAAP operating margin of about 30.0%.
Workday, Inc. insider David A. Duffield reports beneficial ownership of 49,350,689 shares, equal to 19.01% of the Class A Common Stock as of December 31, 2025. This percentage assumes conversion of his and Aneel Bhusri’s Class B shares into Class A.
The holdings include 105,049 Class A shares and 38,768,197 Class B shares held through The David A. Duffield Trust, 2,346,000 Class A shares held by the Dave & Cheryl Duffield Foundation where he shares voting and dispositive power but has no pecuniary interest, and 8,131,443 Class B shares held by Mr. Bhusri and subject to a Voting Agreement. Class B shares are convertible 1-for-1 into Class A and all dual-class shares will automatically convert into a single class upon specified triggers, including October 17, 2032 or certain ownership thresholds or deaths.
Workday, Inc. CEO Carl M. Eschenbach reported an automatic tax-related share withholding rather than an open-market sale. On February 5, 2026, 1,674 shares of Class A Common Stock were withheld by Workday at $170.15 per share to satisfy tax obligations from vesting performance restricted stock units.
Following this transaction, Eschenbach beneficially owned 622,969 Class A shares directly, which include restricted stock units and performance restricted stock units that each settle into one share upon vesting. He also indirectly held 26,665 Class A shares through the Eschenbach Family Trust, where he and his spouse serve as trustees and beneficiaries.
Workday, Inc. is changing its leadership as co-founder and executive chair Aneel Bhusri returns as chief executive officer effective February 6, 2026, while Carl Eschenbach steps down as CEO and director and will serve as strategic advisor.
Bhusri’s pay package includes an initial annual base salary of $1,250,000, an annual target cash bonus of up to 200% of base salary starting in the fiscal year ending January 31, 2027, a time-based RSU grant valued at $60,000,000 and a performance-based RSU grant valued at $75,000,000 with stock-price targets over a five-year period. He and co-founder David Duffield are party to a stock voting agreement that covers Class B shares representing about 68% of Workday’s outstanding voting power as of January 31, 2026.
Under a separation agreement, Eschenbach will receive a lump-sum cash payment of $3,601,355 and accelerated vesting of certain RSUs covering more than 160,000 shares, subject in part to performance conditions. Workday also reaffirmed that its fiscal 2026 fourth quarter and full-year results are expected to be in line with prior guidance, aside from a previously disclosed GAAP operating margin update.
Workday, Inc. announced a reorganization that will eliminate approximately 2% of its current workforce, mainly non-revenue roles in Global Customer Operations, while continuing to hire in key strategic and revenue-generating areas for fiscal 2027.
The company expects to record about $135 million in fiscal 2026 fourth quarter charges, including $40 million of cash severance and benefits, $15 million of non-cash stock-based compensation, and $80 million of non-cash impairment related to office space and long-lived assets.
Workday still expects fiscal 2026 fourth quarter and full-year results to be in line with prior guidance except for GAAP profitability. It now anticipates its GAAP operating margin to be 24–25 percentage points lower than non-GAAP in the fourth quarter and 22–23 percentage points lower for the full year, as it excludes these charges from non-GAAP metrics.
The Vanguard Group reports beneficial ownership of 25,009,288 shares of Workday Inc common stock, representing 11.74% of the class as of December 31, 2025. Vanguard has shared voting power over 2,166,208 shares and shared dispositive power over all 25,009,288 shares, with no sole voting or dispositive authority.
The filing is an amendment to a passive ownership report and states that the securities are held in the ordinary course of business, not for the purpose of changing or influencing control of Workday. Vanguard notes an internal realignment on January 12, 2026, after which certain subsidiaries or business divisions are expected to report beneficial ownership separately.
Workday, Inc. insider David A. Duffield reported a large share conversion and planned stock sales. On 01/08/2026, an entity associated with him converted 82,884 shares of Class B Common Stock into 82,884 shares of Class A Common Stock at a conversion price of $0. After this, he held 187,933 Class A shares directly and 38,603,834 Class B shares.
The filing then shows multiple open-market sales of Workday Class A Common Stock in several blocks at prices ranging from about $207.6647 to $211.1038 per share, leaving 105,049 Class A shares directly owned. The reported shares are held by the David A. Duffield Trust, a revocable living trust where he is trustee and sole beneficiary, and the sales were made under a previously adopted Rule 10b5-1 trading plan. Footnotes explain that each Class B share is convertible into one Class A share and that all Class A and B shares will automatically convert into a single class of common stock upon certain events, including when Class B falls below 9% of combined A and B or on October 11, 2032.
Workday, Inc.'s Chief Accounting Officer, Mark S. Garfield, reported a sale of 953 shares of Class A Common Stock on January 8, 2026. The shares were sold at a price of $209.56 per share under a pre-arranged Rule 10b5-1 trading plan that was adopted on October 14, 2025.
Following this transaction, Garfield beneficially owned 35,336 shares of Workday Class A Common Stock. This total includes 30,927 restricted stock units that each represent the right to receive one share of Class A Common Stock upon settlement, subject to his continued service with the company through the applicable vesting dates.
Workday, Inc. CEO Carl Eschenbach reported an internal share transfer involving Class A Common Stock. On January 8, 2026, he transferred 9,568 shares of Class A Common Stock at a reported price of $0 to the Eschenbach Family Trust, changing the form of ownership but not the overall economic exposure disclosed. Following this transaction, he beneficially owned 624,643 shares directly and 26,665 shares indirectly through the Eschenbach Family Trust.
The directly held amount includes 225,115 restricted stock units (RSUs) and 178,812 performance restricted stock units (PRSUs), each convertible into one share of Class A Common Stock upon settlement, subject to his continued service with Workday. The trust is in the name of Eschenbach and his spouse, who are both trustees and beneficiaries.
A shareholder has filed a notice to sell 82,884 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of 17,500,127.76. The shares are to be sold on the NASDAQ around 01/08/2026, and the filing notes that 213,000,000 shares of this class are outstanding. The shares being sold were originally acquired in a private placement from the issuer on 12/27/2007 for cash.
The notice also lists recent Rule 10b5-1 sales over the past three months by related entities. These include, for example, sales by THE DAVID A DUFFIELD TRUST U/T/A 7/14/88 of 81,479 shares on 01/02/2026 for gross proceeds of 16,727,043.90, and 80,279 shares on 12/23/2025 for 17,262,987.43, as well as a 15,000-share sale on 12/15/2025 for 3,255,757.50 by The Dave & Cheryl Duffield Foundation.