NASDAQ : WDAY
Workday, Inc. — Financial statements
Technology · Software - Application · United States
Last price 197.82 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 47.67B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Workday, Inc. (WDAY) reported revenue of 10.15B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 10.15B | 9.55B | 8.45B | 7.26B | 6.22B | 5.14B |
| Cost of Revenue | 2.46B | 2.32B | 2.07B | 1.77B | 1.71B | 1.43B |
| Gross Profit | 7.70B | 7.23B | 6.38B | 5.49B | 4.51B | 3.71B |
| Selling, General & Admin | 3.67B | 3.53B | 3.25B | 2.84B | 2.44B | 1.95B |
| Research & Development | 2.81B | 2.68B | 2.63B | 2.46B | 2.25B | 1.88B |
| Operating Expenses | 6.48B | 6.21B | 5.88B | 5.30B | 4.69B | 3.83B |
| Operating Income | 1.22B | 1.02B | 499.00M | 183.00M | -182.00M | -116.00M |
| Interest Expense | -110.00M | -114.00M | -114.00M | -114.00M | -102.00M | -17.00M |
| Interest & Investment Income | 230.00M | 318.00M | 350.00M | 301.00M | 97.00M | 5.00M |
| Currency Exchange Gain (Loss) | -10.00M | -8.00M | 4.00M | 5.00M | 10.00M | 7.00M |
| Other Non Operating Income (Expenses) | 30.00M | 33.00M | 1.00M | 5.00M | -16.00M | -7.00M |
| EBT Excluding Unusual Items | 1.36B | 1.25B | 740.00M | 380.00M | -193.00M | -128.00M |
| Merger & Restructuring Charges | -136.00M | -303.00M | -84.00M | -40.00M | ||
| Gain (Loss) on Sale of Investments | 59.00M | 59.00M | -18.00M | -24.00M | -27.00M | 144.00M |
| Pretax Income | 1.28B | 1.01B | 638.00M | 356.00M | -260.00M | 16.00M |
| Income Tax Expense | 33.00M | 316.00M | 112.00M | -1.02B | 107.00M | -13.00M |
| Net Income | 1.25B | 693.00M | 526.00M | 1.38B | -367.00M | 29.00M |
| Net Income to Common | 1.25B | 693.00M | 526.00M | 1.38B | -367.00M | 29.00M |
| Shares Outstanding (Basic) | 256.50M | 265.10M | 265.26M | 261.34M | 254.82M | 247.25M |
| Shares Outstanding (Diluted) | 258.12M | 268.12M | 269.20M | 265.29M | 254.82M | 254.03M |
| EPS (Basic) | 4.88 | 2.61 | 1.98 | 5.28 | -1.44 | 0.12 |
| EPS (Diluted) | 4.86 | 2.59 | 1.95 | 5.21 | -1.44 | 0.11 |
| Free Cash Flow | 2.84B | 2.78B | 2.19B | 1.92B | 1.29B | 1.39B |
| Free Cash Flow Per Share | 11.02 | 10.36 | 8.14 | 7.23 | 5.07 | 5.46 |
| Gross Margin | 75.80% | 75.70% | 75.50% | 75.60% | 72.49% | 72.21% |
| Operating Margin | 12.02% | 10.72% | 5.91% | 2.52% | -2.93% | -2.26% |
| Profit Margin | 12.32% | 7.26% | 6.23% | 19.02% | -5.90% | 0.56% |
| Free Cash Flow Margin | 28.01% | 29.07% | 25.95% | 26.41% | 20.80% | 26.99% |
| EBITDA | 1.59B | 1.37B | 825.00M | 465.00M | 182.00M | 228.00M |
| EBITDA Margin | 15.62% | 14.35% | 9.77% | 6.41% | 2.93% | 4.44% |
| D&A For EBITDA | 365.00M | 347.00M | 326.00M | 282.00M | 364.00M | 344.00M |
| EBIT | 1.22B | 1.02B | 499.00M | 183.00M | -182.00M | -116.00M |
| EBIT Margin | 12.02% | 10.72% | 5.91% | 2.52% | -2.93% | -2.26% |
| Effective Tax Rate | 2.57% | 31.32% | 17.55% | |||
| Revenue as Reported | 10.15B | 9.55B | 8.45B | 7.26B | 6.22B | 5.14B |
| Advertising Expenses | 181.00M | 204.00M | 194.00M | 172.00M |
Balance sheet
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 661.00M | 1.50B | 1.54B | 2.01B | 1.89B | 1.53B |
| Short-Term Investments | 2.74B | 3.94B | 6.47B | 5.80B | 4.24B | 2.11B |
| Cash & Short-Term Investments | 3.40B | 5.44B | 8.02B | 7.81B | 6.12B | 3.64B |
| Accounts Receivable | 1.90B | 2.33B | 1.95B | 1.64B | 1.57B | 1.24B |
| Other Receivables | 24.00M | 33.00M | 53.00M | 35.00M | ||
| Receivables | 1.92B | 2.37B | 2.00B | 1.67B | 1.57B | 1.24B |
| Prepaid Expenses | 294.00M | 288.00M | 187.00M | 176.00M | 174.00M | 145.52M |
| Restricted Cash | 7.00M | 8.00M | 11.00M | 12.00M | 9.00M | 6.47M |
| Other Current Assets | 346.00M | 325.00M | 327.00M | 264.00M | 234.00M | 175.37M |
| Total Current Assets | 5.97B | 8.43B | 10.54B | 9.94B | 8.11B | 5.21B |
| Property, Plant & Equipment | 1.81B | 1.81B | 1.57B | 1.52B | 1.45B | 1.37B |
| Long-Term Investments | 234.00M | 233.00M | 247.00M | 248.00M | 263.00M | 256.76M |
| Goodwill | 5.23B | 5.23B | 3.48B | 2.85B | 2.84B | 2.84B |
| Other Intangible Assets | 630.00M | 702.00M | 386.00M | 259.00M | 327.00M | 413.79M |
| Long-Term Accounts Receivable | 59.00M | 59.00M | 44.00M | 21.00M | ||
| Long-Term Deferred Tax Assets | 1.13B | 829.00M | 1.04B | 1.06B | 13.00M | 11.64M |
| Long-Term Deferred Charges | 654.00M | 634.00M | 561.00M | 509.00M | 421.00M | 341.26M |
| Other Long-Term Assets | 149.00M | 147.00M | 102.00M | 42.00M | 64.00M | 50.06M |
| Total Assets | 15.86B | 18.07B | 17.98B | 16.45B | 13.49B | 10.50B |
| Accounts Payable | 102.00M | 142.00M | 108.00M | 78.00M | 154.00M | 55.49M |
| Accrued Expenses | 896.00M | 1.01B | 851.00M | 816.00M | 806.00M | 590.63M |
| Current Portion of Long-Term Debt | 999.00M | 1.22B | ||||
| Current Portion of Leases | 130.00M | 130.00M | 99.00M | 89.00M | 91.00M | 80.50M |
| Current Unearned Revenue | 4.39B | 5.01B | 4.47B | 4.06B | 3.56B | 3.11B |
| Other Current Liabilities | 59.00M | 83.00M | 23.00M | 15.00M | 18.00M | 7.85M |
| Total Current Liabilities | 6.57B | 6.38B | 5.55B | 5.05B | 4.63B | 5.07B |
| Long-Term Debt | 1.99B | 2.99B | 2.98B | 2.98B | 2.98B | 617.35M |
| Long-Term Leases | 653.00M | 704.00M | 279.00M | 227.00M | 182.00M | 182.46M |
| Long-Term Unearned Revenue | 72.00M | 71.00M | 80.00M | 70.00M | 75.00M | 71.53M |
| Other Long-Term Liabilities | 109.00M | 129.00M | 52.00M | 38.00M | 40.00M | 24.23M |
| Total Liabilities | 9.40B | 10.27B | 8.94B | 8.37B | 7.90B | 5.96B |
| Common Stock | 251.00K | |||||
| Additional Paid-In Capital | 13.37B | 12.67B | 11.46B | 10.40B | 8.83B | 7.28B |
| Retained Earnings | 342.00M | -512.00M | -1.21B | -1.73B | -3.11B | -2.74B |
| Treasury Stock | -7.15B | -4.22B | -1.31B | -608.00M | -185.00M | -12.47M |
| Comprehensive Income & Other | -96.00M | -136.00M | 84.00M | 21.00M | 53.00M | 7.71M |
| Shareholders' Equity | 6.46B | 7.80B | 9.03B | 8.08B | 5.58B | 4.54B |
| Total Liabilities & Equity | 15.86B | 18.07B | 17.98B | 16.45B | 13.49B | 10.50B |
| Total Debt | 3.77B | 3.82B | 3.36B | 3.30B | 3.25B | 2.10B |
| Net Cash (Debt) | -369.00M | 1.62B | 4.66B | 4.52B | 2.87B | 1.54B |
| Net Cash Per Share | -1.43 | 6.05 | 17.29 | 17.03 | 11.27 | 6.07 |
| Filing Date Shares Outstanding | 241.00M | 257.00M | 266.00M | 264.00M | 259.00M | 251.00M |
| Total Common Shares Outstanding | 241.00M | 259.13M | 266.35M | 263.86M | 258.00M | 251.00M |
| Working Capital | -604.00M | 2.05B | 5.00B | 4.88B | 3.48B | 146.21M |
| Book Value Per Share | 26.80 | 30.12 | 33.92 | 30.63 | 21.65 | 18.07 |
| Tangible Book Value | 603.00M | 1.87B | 5.17B | 4.98B | 2.42B | 1.28B |
| Tangible Book Value Per Share | 2.50 | 7.23 | 19.41 | 18.86 | 9.37 | 5.10 |
| Land | 74.00M | 74.00M | 81.00M | 81.00M | 81.00M | 80.55M |
| Buildings | 703.00M | 690.00M | 752.00M | 726.00M | 720.00M | 691.90M |
| Machinery | 1.40B | 1.40B | 1.48B | 1.49B | 1.38B | 1.15B |
| Leasehold Improvements | 424.00M | 334.00M | 252.00M | 213.00M | 202.00M | 158.04M |
| Order Backlog | 28.10B | 25.06B |
Cash flow statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 1.25B | 693.00M | 526.00M | 1.38B | -367.00M | 29.00M |
| Depreciation & Amortization | 365.00M | 347.00M | 326.00M | 282.00M | 364.00M | 344.00M |
| Other Amortization | 314.00M | 292.00M | 251.00M | 213.00M | 175.00M | 139.00M |
| Asset Writedown & Restructuring Costs | 83.00M | 117.00M | 19.00M | |||
| Loss (Gain) From Sale of Investments | -122.00M | -148.00M | -97.00M | -130.00M | -11.00M | -143.00M |
| Stock-Based Compensation | 1.65B | 1.63B | 1.52B | 1.42B | 1.29B | 1.10B |
| Other Operating Activities | -41.00M | 341.00M | 135.00M | -979.00M | 153.00M | 73.00M |
| Change in Accounts Receivable | -276.00M | -360.00M | -313.00M | -87.00M | -319.00M | -208.00M |
| Change in Accounts Payable | -7.00M | 6.00M | 25.00M | -72.00M | 86.00M | 9.00M |
| Change in Unearned Revenue | 476.00M | 469.00M | 398.00M | 493.00M | 452.00M | 529.00M |
| Change in Other Net Operating Assets | -608.00M | -444.00M | -328.00M | -368.00M | -171.00M | -222.00M |
| Operating Cash Flow | 3.08B | 2.94B | 2.46B | 2.15B | 1.66B | 1.65B |
| Capital Expenditures | -237.00M | -162.00M | -269.00M | -232.00M | -364.00M | -264.00M |
| Cash Acquisitions | -2.08B | -2.08B | -825.00M | -8.00M | -1.19B | |
| Sale (Purchase) of Intangibles | -3.00M | -10.00M | -1.00M | -8.00M | ||
| Sale (Purchase) of Real Estate | -171.00M | |||||
| Investment in Securities | 4.17B | 2.55B | -684.00M | -1.50B | -2.14B | 26.00M |
| Other Investing Activities | 29.00M | 21.00M | ||||
| Investing Cash Flow | 1.89B | 333.00M | -1.78B | -1.75B | -2.51B | -1.61B |
| Long-Term Debt Issued | 2.98B | |||||
| Long-Term Debt Repaid | -1.84B | -38.00M | ||||
| Net Debt Issued (Repaid) | 1.13B | -38.00M | ||||
| Issuance of Common Stock | 179.00M | 192.00M | 186.00M | 177.00M | 152.00M | 148.00M |
| Repurchase of Common Stock | -5.75B | -3.51B | -1.34B | -445.00M | -75.00M | |
| Other Financing Activities | -7.00M | |||||
| Financing Cash Flow | -5.57B | -3.32B | -1.15B | -268.00M | 1.20B | 110.00M |
| Foreign Exchange Rate Adjustments | 2.00M | -1.00M | -1.00M | -1.00M | ||
| Net Cash Flow | -601.00M | -45.00M | -470.00M | 129.00M | 354.00M | 153.00M |
| Free Cash Flow | 2.84B | 2.78B | 2.19B | 1.92B | 1.29B | 1.39B |
| Free Cash Flow Margin | 28.01% | 29.07% | 25.95% | 26.41% | 20.80% | 26.99% |
| Free Cash Flow Per Share | 11.02 | 10.36 | 8.14 | 7.23 | 5.07 | 5.46 |
| Levered Free Cash Flow | 3.05B | 3.01B | 2.15B | 2.00B | 1.65B | 1.61B |
| Unlevered Free Cash Flow | 3.12B | 3.08B | 2.22B | 2.07B | 1.71B | 1.63B |
| Cash Interest Paid | 107.00M | 110.00M | 110.00M | 110.00M | 60.00M | 13.00M |
| Cash Income Tax Paid | 169.00M | 96.00M | 65.00M | 39.00M | 89.00M | 13.00M |
| Change in Working Capital | -415.00M | -329.00M | -218.00M | -34.00M | 48.00M | 108.00M |
Ratios
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 47.75B | 46.19B | 69.71B | 76.55B | 46.63B | 63.25B |
| Enterprise Value | 48.12B | 43.14B | 65.91B | 72.95B | 44.40B | 61.83B |
| Last Close Price | 198.13 | 175.63 | 262.06 | 291.07 | 181.43 | 253.01 |
| PE Ratio | 40.81 | 66.65 | 132.53 | 55.43 | 2,181.12 | |
| Forward PE | 16.42 | 17.25 | 33.04 | 46.27 | 41.92 | 75.62 |
| PS Ratio | 4.70 | 4.84 | 8.25 | 10.55 | 7.50 | 12.31 |
| PB Ratio | 7.39 | 5.92 | 7.72 | 9.47 | 8.35 | 13.95 |
| P/TBV Ratio | 79.19 | 24.65 | 13.48 | 15.38 | 19.29 | 49.37 |
| P/FCF Ratio | 16.79 | 16.63 | 31.80 | 39.93 | 36.06 | 45.60 |
| P/OCF Ratio | 15.50 | 15.72 | 28.32 | 35.62 | 28.14 | 38.31 |
| PEG Ratio | 0.87 | 0.71 | 1.20 | 1.34 | 1.59 | 2.91 |
| EV/Sales Ratio | 4.74 | 4.52 | 7.80 | 10.05 | 7.14 | 12.03 |
| EV/EBITDA Ratio | 30.34 | 31.47 | 79.90 | 156.88 | 243.95 | 271.19 |
| EV/EBIT Ratio | 39.41 | 42.13 | 132.09 | 398.62 | ||
| EV/FCF Ratio | 16.92 | 15.54 | 30.07 | 38.05 | 34.34 | 44.58 |
| Debt / Equity Ratio | 0.58 | 0.49 | 0.37 | 0.41 | 0.58 | 0.46 |
| Debt / EBITDA Ratio | 2.07 | 2.41 | 3.36 | 5.29 | 9.85 | 5.96 |
| Debt / FCF Ratio | 1.33 | 1.38 | 1.53 | 1.72 | 2.51 | 1.52 |
| Net Debt / Equity Ratio | 0.06 | -0.21 | -0.52 | -0.56 | -0.51 | -0.34 |
| Net Debt / EBITDA Ratio | 0.23 | -1.18 | -5.64 | -9.71 | -15.78 | -6.76 |
| Net Debt / FCF Ratio | 0.13 | -0.58 | -2.12 | -2.36 | -2.22 | -1.11 |
| Asset Turnover | 0.60 | 0.53 | 0.49 | 0.48 | 0.52 | 0.54 |
| Quick Ratio | 0.81 | 1.22 | 1.81 | 1.88 | 1.66 | 0.96 |
| Current Ratio | 0.91 | 1.32 | 1.90 | 1.97 | 1.75 | 1.03 |
| Return on Equity (ROE) | 16.01% | 8.23% | 6.15% | 20.21% | -7.25% | 0.74% |
| Return on Assets (ROA) | 4.51% | 3.55% | 1.81% | 0.76% | -0.95% | -0.75% |
| Return on Invested Capital (ROIC) | 18.35% | 13.32% | 10.36% | 5.83% | -6.38% | -4.66% |
| Return on Capital Employed (ROCE) | 13.20% | 8.80% | 4.00% | 1.60% | -2.10% | -2.10% |
| Earnings Yield | 2.45% | 1.50% | 0.76% | 1.80% | -0.79% | 0.05% |
| FCF Yield | 5.96% | 6.01% | 3.15% | 2.50% | 2.77% | 2.19% |
| Buyback Yield / Dilution | 4.32% | 0.40% | -1.48% | -4.11% | -0.31% | -7.18% |