WDAY · Workday, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '27 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.54B | - | $2.43B | $2.35B | $1.99B | $1.68B | $1.87B | $1.79B | $1.43B | $1.60B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | $705.00M | - | $666.00M | $660.00M | $656.00M | $600.46M | $618.74M | $609.68M | $541.51M | $565.73M |
| SG&A | $216.00M | - | $234.00M | $216.00M | $208.00M | $167.57M | $176.03M | $168.55M | $133.87M | $153.71M |
| Total Operating Expenses | $2.20B | - | $2.17B | $2.10B | $1.93B | $1.70B | $1.78B | $1.75B | $1.51B | $1.63B |
| D&A | $55.00M | - | $59.00M | $59.00M | $56.00M | $48.00M | $52.00M | $49.00M | $67.00M | $69.00M |
| Operating Income | $338.00M | - | $259.00M | $248.00M | $64.00M | ($19.80M) | $87.86M | $36.26M | ($72.84M) | ($26.32M) |
| Interest Expense | $29.00M | - | $29.00M | $29.00M | $29.00M | $28.55M | $28.54M | $28.54M | $14.02M | $29.63M |
| Income Tax | $133.00M | - | $86.00M | $76.00M | $16.00M | $6.77M | $15.53M | $3.15M | $9.17M | $52.56M |
| Net Income | $222.00M | - | $252.00M | $228.00M | $107.00M | $136.0K | $113.71M | $78.66M | ($102.17M) | ($74.72M) |
| EPS - Basic | $0.87 | - | $0.95 | $0.86 | $0.40 | $0.00 | $0.43 | $0.30 | ($0.41) | ($0.29) |
| EPS - Diluted | $0.87 | - | $0.94 | $0.84 | $0.40 | $0.00 | $0.43 | $0.30 | ($0.41) | ($0.29) |
Balance Sheet
| Line item | Q1 '27 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $559.00M | $1.50B | $2.61B | $1.26B | $972.00M | $2.01B | $1.56B | $1.44B | $1.89B | $1.58B |
| Accounts Receivable | $1.57B | $2.33B | $1.75B | $1.61B | $1.36B | $1.64B | $1.22B | $1.27B | $1.57B | $1.04B |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $116.00M | $142.00M | $103.00M | $100.00M | $92.00M | $78.00M | $79.33M | $88.81M | $153.75M | $75.80M |
| Current Assets | $6.59B | $8.43B | $9.18B | $10.41B | $9.96B | $9.94B | $8.57B | $8.38B | $8.11B | $6.97B |
| Total Assets | $16.09B | $18.07B | $17.75B | $17.96B | $17.21B | $16.45B | $13.93B | $13.74B | $13.49B | $12.39B |
| Current Liabilities | $6.54B | $6.38B | $5.02B | $4.95B | $4.82B | $5.05B | $4.03B | $4.18B | $4.63B | $3.72B |
| Long-term Debt | $1.99B | $2.99B | $2.99B | $2.98B | $2.98B | $2.98B | $2.98B | $2.98B | $2.98B | $2.97B |
| Total Liabilities | $9.41B | $10.27B | $8.87B | $8.79B | $8.29B | $8.37B | $7.30B | $7.46B | $7.90B | $6.98B |
| Stockholders' Equity | $6.68B | $7.80B | $8.88B | $9.17B | $8.92B | $8.08B | $6.62B | $6.27B | $5.59B | $5.41B |
| Retained Earnings | ($290.00M) | ($512.00M) | ($657.00M) | ($909.00M) | ($1.14B) | ($1.73B) | ($2.92B) | ($3.03B) | ($3.11B) | ($2.99B) |
Cash Flow
| Line item | Q1 '27 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $696.00M | - | $406.00M | $571.00M | $372.00M | $277.32M | $450.77M | $425.26M | $439.72M | $408.67M |
| Investing Cash Flow | $97.00M | - | ($450.00M) | ($346.00M) | ($258.00M) | ($712.98M) | ($172.01M) | ($385.34M) | ($1.47B) | ($168.06M) |
| Financing Cash Flow | ($1.73B) | - | ($282.00M) | ($347.00M) | ($367.00M) | ($3.16M) | ($149.56M) | ($48.60M) | $2.28B | ($1.15B) |
| CapEx | $80.00M | - | $47.00M | $55.00M | $81.00M | - | - | - | - | - |
| Free Cash Flow | $616.00M | - | $359.00M | $516.00M | $291.00M | - | - | - | - | - |
Ratios
| Metric | Q1 '27 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 13.3% | - | 10.6% | 10.6% | 3.2% | -1.2% | 4.7% | 2.0% | -5.1% | -1.6% |
| EBITDA margin | 15.5% | - | 13.1% | 13.1% | 6.0% | 1.7% | 7.5% | 4.8% | -0.4% | 2.7% |
| Net margin | 8.7% | - | 10.4% | 9.7% | 5.4% | 0.0% | 6.1% | 4.4% | -7.1% | -4.7% |
| Free cash flow margin | 24.2% | - | 14.8% | 22.0% | 14.6% | - | - | - | - | - |
| FCF / Net income | 2.77 | - | 1.42 | 2.26 | 2.72 | - | - | - | - | - |
| R&D / Revenue | 27.7% | - | 27.4% | 28.1% | 33.0% | 35.6% | 33.2% | 34.1% | 37.7% | 35.4% |
| SG&A / Revenue | 8.5% | - | 9.6% | 9.2% | 10.5% | 9.9% | 9.4% | 9.4% | 9.3% | 9.6% |
| Effective tax rate | 37.5% | - | 25.4% | 25.0% | 13.0% | 98.0% | 12.0% | 3.9% | - | - |
| Return on assets | 1.4% | - | 1.4% | 1.3% | 0.6% | 0.0% | 0.8% | 0.6% | -0.8% | -0.6% |
| Return on equity | 3.3% | - | 2.8% | 2.5% | 1.2% | 0.0% | 1.7% | 1.3% | -1.8% | -1.4% |
| Return on invested capital | 2.4% | - | 1.6% | 1.5% | 0.5% | -0.1% | 0.8% | 0.4% | -0.7% | -0.2% |
| Liquidity | ||||||||||
| Current ratio | 1.01 | 1.32 | 1.83 | 2.10 | 2.07 | 1.97 | 2.13 | 2.00 | 1.75 | 1.87 |
| Quick ratio | 1.01 | 1.32 | 1.83 | 2.10 | 2.07 | 1.97 | 2.13 | 2.00 | 1.75 | 1.87 |
| Cash ratio | 0.09 | 0.24 | 0.52 | 0.26 | 0.20 | 0.40 | 0.39 | 0.34 | 0.41 | 0.42 |
| Leverage | ||||||||||
| Debt / Equity | 0.30 | 0.38 | 0.34 | 0.33 | 0.33 | 0.37 | 0.45 | 0.47 | 0.53 | 0.55 |
| Debt / Assets | 0.12 | 0.17 | 0.17 | 0.17 | 0.17 | 0.18 | 0.21 | 0.22 | 0.22 | 0.24 |
| Debt / EBITDA | 5.06 | - | 9.39 | 9.72 | 24.88 | 105.67 | 21.30 | 34.93 | - | 69.71 |
| Interest coverage | 11.7x | - | 8.9x | 8.6x | 2.2x | -0.7x | 3.1x | 1.3x | -5.2x | -0.9x |
| Equity multiplier | 2.41 | 2.32 | 2.00 | 1.96 | 1.93 | 2.04 | 2.10 | 2.19 | 2.41 | 2.29 |
| Liabilities / Assets | 0.58 | 0.57 | 0.50 | 0.49 | 0.48 | 0.51 | 0.52 | 0.54 | 0.59 | 0.56 |
| Efficiency | ||||||||||
| Asset turnover | 0.16 | - | 0.14 | 0.13 | 0.12 | 0.10 | 0.13 | 0.13 | 0.11 | 0.13 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 226d | - | 263d | 250d | 250d | 355d | 240d | 260d | 399d | 237d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 140.7x | - | 255.2x | 273.1x | 612.5x | - | 492.3x | 790.4x | - | - |
| P / B | 4.7x | - | 7.3x | 6.8x | 7.4x | 9.4x | 8.5x | 10.0x | 8.2x | 7.4x |
| P / S | 12.2x | - | 26.5x | 26.4x | 33.3x | 45.2x | 30.2x | 35.1x | 31.8x | 24.9x |
| EV / EBITDA | 82.8x | - | 203.9x | 207.5x | 568.6x | 2732.1x | 413.4x | 753.6x | - | 966.5x |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | 30.4% | 31.4% | 18.1% | 17.4% | 16.7% | 16.3% | 22.1% | 20.5% |
| Revenue CAGR (3y) | 14.7% | - | 22.4% | 23.0% | 19.2% | 18.3% | 19.0% | 18.9% | 20.3% | 19.5% |
| Revenue CAGR (5y) | 16.7% | - | 21.0% | 21.5% | 19.3% | 22.2% | 27.4% | 27.7% | 24.5% | 23.6% |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | 194.8% | 584.0% | - | 72.8% | - | - | -90.1% | - |
| Net income growth (YoY) | - | - | 121.6% | 189.9% | 78576.5% | - | - | - | -119.6% | - |
| EPS growth (YoY) | - | - | 118.6% | 180.0% | - | - | - | - | 39.7% | -190.0% |
| EPS CAGR (3y) | - | - | - | 27.0% | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | 12.1% | 83.6% | 15.2% | - | - | - | - | - |
| Book value growth (YoY) | -14.4% | -12.5% | 34.0% | 46.2% | 10.4% | 44.7% | 22.5% | 22.4% | 23.2% | 28.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-01-31.
Product / service
$9.55B totalSubscription Services$8.83B · 92.5%
Professional Services$719.00M · 7.5%
Geographic
$9.55B totalUS$7.18B · 75.1%
Non Us$2.38B · 24.9%
Peer comparison
Same SIC group: Services-Computer Processing & Data Preparation
Comparing Workday against the 5 most active filers in the same SIC group.