Overview
Workday, Inc.
Latest 10-K: FY2026, filed Mar 6, 2026 · Open the 10-K (Inline XBRL) ↗
- Revenue
- $9.55B
- 13.1%YoYup from FY2025
- TotalRevenue
- Gross profit
- Not reported
- Operating income
- $0.72B
- 73.7%YoYup from FY2025
- OperatingIncome
- Net income
- $0.69B
- 31.7%YoYup from FY2025
- NetIncome
- Diluted EPS
- $2.59
- 32.8%YoYup from FY2025
- EPSDiluted
- Diluted shares
- 268.1M
- 0.4%YoYdown from FY2025
- WeightedAvgSharesDiluted
At a glance
Growth
- Workday, Inc. reported revenue of $9.55B for fiscal 2026, up 13.1% from fiscal 2025.
- Revenue grew faster than the median S&P 500 member in 4 of the last 4 fiscal years.
Profitability
- Operating margin was 7.5% and net margin was 7.3%.
Per share
- Diluted EPS was $2.59, up 32.8% from the prior year.
Written from the filed figures on this page by fixed rules — no AI.
Data as of Oct 31, 2026 · Sources: SEC EDGAR 10-K
Financial statements
Annual figures from the 10-K, most recent fiscal year first.
Income Statement
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Revenue | $9.55B13.1%up | $8.45B16.4%up Benchmark median 6.4% | $7.26B16.8%up Benchmark median 4.5% | $6.22B21.0%up Benchmark median 4.8% | $5.14B19.0%up Benchmark median 10.3% | 16.8% |
| Gross Profit Median of 315 / 498 | — | — | — | — | — | — |
| Operating Income Median of 373 / 498 | $721.00M73.7%up | $415.00M126.8%up Benchmark median 7.3% | $183.00Mn/m Benchmark median 7.4% | negative: -$222.00Mn/m Benchmark median 4.9% | negative: -$116.00Mn/m Benchmark median 7.5% | n/m |
| Net Income | $0.69B31.7%up | $0.53B61.9%down Benchmark median 4.8% | $1.38Bn/m Benchmark median 5.7% | negative: -$0.37B1365.5%down Benchmark median 1.9% | $0.03Bn/m Benchmark median 1.3% | 121.1% |
| EPS (Diluted) | $2.5932.8%up | $1.9562.6%down Benchmark median 6.2% | $5.21n/m Benchmark median 7.9% | negative: -$1.441300.0%down Benchmark median 1.9% | $0.12n/m Benchmark median 1.5% | 115.5% |
Balance Sheet
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Total Assets | $18.07B0.5%up | $17.98B9.3%up Benchmark median 5.6% | $16.45B22.0%up Benchmark median 3.4% | $13.49B28.5%up Benchmark median 4.1% | $10.50B20.4%up Benchmark median 2.2% | 14.5% |
| Total Liabilities Median of 357 / 498 | $10.27B14.8%up | $8.94B6.8%up Benchmark median 6.4% | $8.37B5.9%up Benchmark median 1.9% | $7.90B32.5%up Benchmark median 2.9% | $5.96B9.6%up Benchmark median 2.0% | 14.6% |
| Stockholders' Equity | $7.80B13.6%down | $9.03B11.8%up Benchmark median 6.8% | $8.08B44.7%up Benchmark median 5.4% | $5.58B23.2%up Benchmark median 7.3% | $4.54B38.4%up Benchmark median 2.5% | 14.5% |
| Cash & Equivalents | $1.50B2.7%down | $1.54B23.3%down Benchmark median 5.2% | $2.01B6.7%up Benchmark median 1.9% | $1.89B22.9%up Benchmark median 6.7% | $1.53B10.8%up Benchmark median -8.6% | -0.5% |
| Total Debt | $2.99B†0.1%up | $2.98B†0.1%up Benchmark median 2.1% | $2.98B†0.1%up Benchmark median 0.2% | $2.98B61.8%up Benchmark median 0.3% | $1.84B2.5%up Benchmark median 0.1% | 12.9% |
† Sum of short-term and long-term debt; the company files no total-debt line.
Cash Flow Statement
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $2.94B19.4%up | $2.46B14.5%up Benchmark median 6.3% | $2.15B29.7%up Benchmark median 4.8% | $1.66B0.4%up Benchmark median 9.9% | $1.65B30.2%up Benchmark median -0.7% | 15.5% |
| Capital Expenditures | $162.00M39.8%down | $269.00M15.9%up Benchmark median 5.4% | $232.00M36.3%down Benchmark median 2.8% | $364.00M Benchmark median 11.3% | — | — |
| Free Cash Flow Median of 378 / 498 | $2.78B26.7%up | $2.19B14.3%up Benchmark median 7.3% | $1.92B48.3%up Benchmark median 6.1% | $1.29B Benchmark median 8.8% | — | — |
n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.
Benchmark median = median of the companies in the benchmark universe on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-27. This compares reported figures, not share-price returns. Methodology
Ratios & valuation
FY2026Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.
Valuation · Earnings yield
What a dollar of market value earned
1.5%
Wall Street
on net earnings
FY2025 0.7%
5.9%
Value investor
on free cash flow
FY2025 3.1%
Gap +4.4 pts: Value-investor figure 4.4 points higher
How it’s calculated
Wall Street · on net earnings
Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)
pe_ratio (ratio table)
P/E 67.8×Value investor · on free cash flow
(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)
free cash flow ÷ market cap
Valuation · Enterprise yield
What a dollar of enterprise value earned
2.1%
Wall Street
on EBITDA
FY2025 1.0%
1.6%
Value investor
on EBIT
FY2025 0.6%
Gap −0.5 pts: Value-investor figure 0.5 points lower
How it’s calculated
Wall Street · on EBITDA
EBITDA ÷ enterprise value (1 ÷ EV/EBITDA)
ev_ebitda (ratio table)
EV/EBITDA 46.6×Value investor · on EBIT
Operating income (EBIT) ÷ enterprise value: depreciation counts as a real cost
operating income ÷ (ev_ebitda × ebitda)
Valuation · Book yield
Net assets behind a dollar of market value
16.6%
Wall Street
on book equity
FY2025 12.8%
5.5%
Value investor
on tangible book
FY2025 7.9%
Gap −11.1 pts: Value-investor figure 11.1 points lower
How it’s calculated
Wall Street · on book equity
Book value of equity ÷ market capitalisation (1 ÷ P/B)
pb_ratio (ratio table)
P/B 6.0×Value investor · on tangible book
Tangible book value (equity less goodwill and intangibles) ÷ market capitalisation
tangible_book_value_per_share ÷ (pb_ratio × book_value_per_share)
Quality · Return on capital
Profit earned on the money in the business
8.2%
Wall Street
ROE: net income ÷ equity
FY2025 6.1%
8.0%
Value investor
ROIC: after-tax operating profit ÷ invested capital
FY2025 7.7%
Gap −0.2 pts: Value-investor figure 0.2 points lower
How it’s calculated
Wall Street · ROE: net income ÷ equity
Net income ÷ average stockholders' equity (start and end of year), including noncontrolling interests. Buybacks shrink equity and lift it.
return_on_equity (ratio table)
Value investor · ROIC: after-tax operating profit ÷ invested capital
Operating profit after tax ÷ invested capital (total assets − cash − non-interest-bearing current liabilities), so leverage cannot flatter it
roic (ratio table)
Quality · Cash margin
Cash profit kept from each dollar of sales
10.0%
Wall Street
EBITDA margin
FY2025 7.8%
29.1%
Value investor
Free-cash-flow margin
FY2025 26.0%
Gap +19.1 pts: Value-investor figure 19.1 points higher
How it’s calculated
Wall Street · EBITDA margin
EBITDA ÷ revenue
ebitda ÷ revenue
Value investor · Free-cash-flow margin
(Operating cash flow − capital expenditures) ÷ revenue: taxes, interest, working capital and capex all paid
free cash flow ÷ revenue
Balance sheet · Liquidity
Short-term assets per dollar of bills due within a year
1.32×
Wall Street
Current ratio
FY2025 1.90×
1.32×
Value investor
Quick ratio, inventory excluded
FY2025 1.90×
Gap Same: Both views read the same
How it’s calculated
Wall Street · Current ratio
Current assets ÷ current liabilities
current_ratio (ratio table)
Value investor · Quick ratio, inventory excluded
(Current assets − inventory) ÷ current liabilities
quick_ratio (ratio table)
Balance sheet · Debt cover
How many times one year of earnings repays all debt
0.32×
Wall Street
EBITDA ÷ total debt
FY2025 0.22×
0.93×
Value investor
FCF ÷ total debt
FY2025 0.73×
Gap +0.61×: Value-investor figure 0.61 higher
How it’s calculated
Wall Street · EBITDA ÷ total debt
EBITDA ÷ total debt (short-term + long-term)
ebitda ÷ total debt
Net cashValue investor · FCF ÷ total debt
Free cash flow ÷ total debt: what is actually left to repay it
free cash flow ÷ total debt
Balance sheet · Interest cover
How many times earnings pay the year's interest
8.4×
Wall Street
EBITDA ÷ interest
FY2025 5.8×
6.3×
Value investor
EBIT ÷ interest
FY2025 3.6×
Gap −2.1×: Value-investor figure 2.1 lower
How it’s calculated
Wall Street · EBITDA ÷ interest
EBITDA ÷ interest expense
ebitda_interest_coverage (ratio table)
Value investor · EBIT ÷ interest
Operating income ÷ interest expense
interest_coverage (ratio table)
Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.
Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.
Smart money
Showing the most recent 5 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.
Peers, filings & research
Research Reports
No published research on WDAY yet.
Reports appear here as analysts publish research on this company — built with Valuein's agentic workflows on data pinned to its SEC filing. Be the first: run equity_research_brief on WDAY and publish the result to your public profile.
Cite this page
Data as of Oct 31, 2026. Canonical address: https://valuein.biz/data/WDAY
Valuein. (2026, October 31). Workday, Inc. (WDAY) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/WDAY
@misc{valuein_wday_2026,
author = {{Valuein}},
title = {Workday, Inc. (WDAY) financial statements, earnings power and smart-money summary},
year = {2026},
howpublished = {\url{https://valuein.biz/data/WDAY}},
note = {Data as of 2026-10-31; source: SEC EDGAR filings}
}10-K filed Mar 6, 2026 · accession 0001327811-26-000014
Agents: every figure Valuein's tools return carries a fact_id that traces to its SEC filing.
point-in-time · survivorship-free · every number traceable to its SEC filing
Index names are trademarks of their owners; Valuein is not affiliated with or endorsed by any index provider.