Workday
WDAY Nasdaq· Application Software
Last close · Oct 26, 2026
$208.50
KIRA · Stoqly’s AI analyst, in plain words
- Workday had $9.6B of revenue in fiscal 2026, up 13.1% on the year before. Over five years, revenue changed +17.2% a year on average.
- Its operating margin was 7.6%, up 2.6 pts: of every 100 in sales, about 8 is left after running the business.
- Workday made $693M of net profit in fiscal 2026.
- Free cash flow was $2.8B in fiscal 2026, 29.1% of revenue.
- Workday returned $2.9B to shareholders in fiscal 2026, 104% of free cash flow. The diluted share count fell 0.4%.
- Workday has $2.5B more cash than debt.
Market cap
$51.4B
P/E
42.2x
Revenue
$9.6B
Net income
$693M
Free cash flow
$2.8B
Operating margin
7.6%
Workday in 30 seconds · fiscal 2026
Are sales growing?
+13.1%
Yes. Sales grew 13.1% last year.
Does it make a profit?
7.3%
A little. It keeps 7.3% of every sale as profit.
Does profit turn into cash?
29.1%
Yes. 29.1% of sales ends up as free cash.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
7 / 8
Solid. It passes 7 of 8 health tests.
How is the share priced?
42.2x
One share costs 42.2 times its yearly profit per share. Typical for its sector: 33.0x.
What Workday does
Workday sells cloud software that companies use to manage their people and their money: human resources, payroll, finance, spending, suppliers and planning. It says more than 11,500 organizations use it, with more than 75 million users under contract, including more than 65% of the Fortune 500. Workday has been adding artificial intelligence features, including AI agents that carry out tasks such as hiring and financial processes. Customers pay for access to the software over the internet, and Workday delivers product updates weekly. It sells through its own field sales teams, referrals and co-selling partners, resale partners, and an online marketplace. It also offers professional services, as do partners, to help customers set up and adopt its products. During fiscal 2026 it bought four companies to add AI abilities: FlowiseAI, Paradox, Sana Labs and Pipedream.
Biggest risks, in its own words
- Intense competition in the markets it sells into.
- Customers must keep renewing their subscriptions for results to hold up.
- Relying on outside data centers and internet access to run its service.
- Risks from new generative and agentic AI features, including damage to its reputation and legal claims.
- Fiscal year ends
- January 31, 2026
- Latest annual report
- 10-K · Mar 6, 2026
- Legal name
- Workday, Inc.
- CIK
- 0001327811
Workday · WDAY
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $5.1B | $6.2B | $7.3B | $8.4B | $9.6B |
| Revenue growth | 19.0% | 21.0% | 16.8% | 16.4% | 13.1% |
| Operating margin | −2.3% | −3.6% | 2.5% | 4.9% | 7.6% |
| Net income | $29.0M | −$367M | $1.4B | $526M | $693M |
| Net margin | 0.6% | −5.9% | 19.0% | 6.2% | 7.3% |
| Diluted EPS | $0.12 | −$1.44 | $5.21 | $1.95 | $2.59 |
| Cash | |||||
| Cash from operations | $1.7B | $1.7B | $2.1B | $2.5B | $2.9B |
| Capital expenditure | $264M | $364M | $232M | $269M | $162M |
| Free cash flow | $1.4B | $1.3B | $1.9B | $2.2B | $2.8B |
| FCF margin | 27.0% | 20.8% | 26.4% | 26.0% | 29.1% |
| Dividends paid | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share buybacks | $0.0M | $75.0M | $423M | $700M | $2.9B |
| Share count change | 7.2% | 0.3% | 4.1% | 1.5% | −0.4% |
| Debt and strength | |||||
| Cash and short-term investments | $3.6B | $6.1B | $7.8B | $8.0B | $5.4B |
| Debt incl. finance leases | $1.8B | $3.0B | $3.0B | $3.0B | $3.0B |
| Shareholders' equity | $4.5B | $5.6B | $8.1B | $9.0B | $7.8B |
| Net debt / EBITDA | −12.3x | −59.3x | −12.5x | −7.7x | −2.6x |
| Current ratio | 1.0x | 1.8x | 2.0x | 1.9x | 1.3x |
| Interest coverage | −6.8x | −2.2x | 1.6x | 3.6x | 6.3x |
| Returns and quality | |||||
| Return on capital | −5.4% | −6.8% | 6.4% | 9.4% | 10.6% |
| Return on equity | 0.7% | −7.3% | 20.2% | 6.2% | 8.2% |
| Piotroski F-score | 5 | 4 | 6 | 4 | 7 |
| Altman Z'' | −0.0 | 1.6 | 2.7 | 2.8 | 1.7 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$574M
7 insiders
Of sales under plans
100%
$574M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Workday · WDAY
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Workday WDAY | $51.4B | 13.1% | 7.6% | 29.1% | 10.6% | 42.2x | 7 |
| Autodesk ADSK | $52.6B | 17.5% | 21.9% | 33.4% | 37.0% | 32.3x | 8 |
| Synopsys SNPS | $87.4B | 15.1% | 13.0% | 19.1% | 4.0% | 79.4x | 3 |
| Atlassian TEAM | $58.1B | 26.0% | 0.2% | 20.1% | — | — | 7 |
| Cadence Design Systems CDNS | $88.2B | 14.1% | 28.2% | 30.0% | 23.7% | 75.1x | 5 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $208.50 a share, the company is worth $51.4B: 42.2 times its earnings of the last four quarters.
Workday grew sales faster than 0 of its 4 similar companies. Its P/E is higher than 1 of 3.
Source: SEC EDGAR XBRL filings (CIK 0001327811). Data updated October 23, 2026. For information only — not investment advice. Check the original filings before relying on any figure.