Workday, Inc. (WDAY) Income Statement
WDAY FY2026 at a glance
Fiscal year ended January 31, 2026 · U.S. dollarsWDAY revenue and net income
Where WDAY's revenue goes
FY2026Each bar shows an amount and its share of revenue. WDAY kept 7.3% of revenue as net income.
WDAY profit margins
WDAY growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +13.1% | +15.4% | +17.2% | +23.5% |
| Gross profit | +13.4% | +17.1% | +18.3% | +24.9% |
| Operating income | +146.7% | — | — | — |
| Net income | +31.7% | — | — | — |
| EPS (diluted) | +26.4% | +36.4% | +26.3% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
WDAY quarterly EPS vs estimates
Workday beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 24, 2026 (estimate $1.27).
WDAY income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.55B | $8.45B | $7.26B | $6.22B | $5.14B | $4.32B | $3.63B | $2.82B | $2.14B | $1.57B |
| Cost of revenue | $2.32B | $2.07B | $1.77B | $1.71B | $1.43B | $1.20B | $1.07B | $835.0M | $629.4M | $483.5M |
| Gross profit | $7.23B | $6.38B | $5.49B | $4.51B | $3.71B | $3.12B | $2.56B | $1.99B | $1.51B | $1.09B |
| Research & development | $2.68B | $2.63B | $2.46B | $2.25B | $1.88B | $1.72B | $1.55B | $1.21B | $910.6M | $680.5M |
| Sales, general & admin | $1.34B | $3.25B | $2.84B | $2.44B | $1.95B | $1.65B | $1.51B | $1.24B | $906.3M | $763.5M |
| Total operating expenses | $6.21B | $5.96B | $5.30B | $4.73B | $3.83B | $3.37B | $3.06B | $2.45B | $1.82B | $1.44B |
| Operating income | $1.02B | $415.0M | $183.0M | −$222.0M | −$116.0M | −$248.6M | −$502.2M | −$463.3M | −$303.2M | −$353.1M |
| Interest income | $318.0M | $350.0M | $301.0M | $97.7M | $5.6M | $18.8M | $41.3M | $42.5M | $25.3M | $11.3M |
| Interest expense | $114.0M | $114.0M | $114.0M | $102.0M | $17.0M | $68.8M | $58.7M | $60.2M | $44.5M | $30.1M |
| Income before taxes | $1.01B | $638.0M | $356.0M | −$260.0M | $16.0M | −$275.1M | −$482.4M | −$423.8M | −$314.8M | −$385.5M |
| Income taxes | $316.0M | $112.0M | −$1.02B | $107.0M | −$13.0M | $7.3M | −$1.8M | −$5.5M | $6.4M | −$814,000 |
| Net income | $693.0M | $526.0M | $1.38B | −$367.0M | $29.0M | −$282.4M | −$480.7M | −$418.3M | −$321.2M | −$384.7M |
| EBITDA | $1.36B | $1.08B | $752.0M | $206.0M | $377.0M | $87.3M | −$147.5M | −$165.4M | −$134.5M | −$239.5M |
| EPS (diluted) | $9.23 | $7.30 | $5.84 | $3.64 | $3.98 | $2.87 | $1.90 | $1.36 | $1.05 | $0.11 |
| Gross margin | 75.7% | 75.5% | 75.6% | 72.5% | 72.2% | 72.3% | 70.6% | 70.4% | 70.6% | 69.3% |
| Operating margin | 10.7% | 4.9% | 2.5% | −3.6% | −2.3% | −5.8% | −13.8% | −16.4% | −14.1% | −22.4% |
| Net margin | 7.3% | 6.2% | 19.0% | −5.9% | 0.6% | −6.5% | −13.3% | −14.8% | −15.0% | −24.4% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.65B | $2.54B | $2.53B | $2.43B | $2.35B | $2.24B | $2.21B | $2.16B | $2.08B | $1.99B | $1.92B | $1.87B |
| Cost of revenue | $652.0M | $604.0M | $611.0M | $591.0M | $582.0M | $537.0M | $539.0M | $530.0M | $511.0M | $489.0M | $460.2M | $445.0M |
| Gross profit | $2.00B | $1.94B | $1.92B | $1.84B | $1.77B | $1.70B | $1.67B | $1.63B | $1.57B | $1.50B | $1.46B | $1.42B |
| Research & development | $747.0M | $705.0M | $691.0M | $666.0M | $660.0M | $663.0M | $674.0M | $647.0M | $649.0M | $656.0M | $635.1M | $619.0M |
| Sales, general & admin | $938.0M | $895.0M | $926.0M | $911.0M | $857.0M | $835.0M | $839.0M | $818.0M | $813.0M | $773.0M | $748.2M | $714.0M |
| Total operating expenses | $1.68B | $1.60B | $1.62B | $1.58B | $1.52B | $1.66B | $1.60B | $1.47B | $1.46B | $1.44B | $1.38B | $1.33B |
| Operating income | $317.0M | $338.0M | $304.0M | $259.0M | $248.0M | $39.0M | $75.0M | $165.0M | $111.0M | $64.0M | $78.7M | $88.0M |
| Interest income | $40.0M | $52.0M | $55.0M | $84.0M | $88.0M | $93.0M | $83.0M | $86.0M | $88.0M | $93.0M | $86.7M | $80.0M |
| Interest expense | $28.0M | $26.0M | $28.0M | $29.0M | $29.0M | $29.0M | $28.0M | $29.0M | $28.0M | $29.0M | $28.4M | $29.0M |
| Income before taxes | $327.0M | $355.0M | $264.0M | $338.0M | $304.0M | $103.0M | $120.0M | $227.0M | $168.0M | $123.0M | $138.0M | $129.0M |
| Income taxes | −$305.0M | $133.0M | $119.0M | $86.0M | $76.0M | $35.0M | $26.0M | $34.0M | $36.0M | $16.0M | −$1.05B | $15.0M |
| Net income | $632.0M | $222.0M | $145.0M | $252.0M | $228.0M | $68.0M | $94.0M | $193.0M | $132.0M | $107.0M | $1.19B | $114.0M |
| EBITDA | $409.0M | $447.0M | $361.0M | $452.0M | $414.0M | $216.0M | $239.0M | $337.0M | $275.0M | $227.0M | $237.9M | $227.0M |
| EPS (diluted) | $2.58 | $2.66 | $2.47 | $2.32 | $2.21 | $2.23 | $1.92 | $1.89 | $1.75 | $1.74 | $1.57 | $1.53 |
| Gross margin | 75.4% | 76.2% | 75.9% | 75.7% | 75.2% | 76.0% | 75.6% | 75.5% | 75.5% | 75.4% | 76.1% | 76.2% |
| Operating margin | 12.0% | 13.3% | 12.0% | 10.6% | 10.6% | 1.7% | 3.4% | 7.6% | 5.3% | 3.2% | 4.1% | 4.7% |
| Net margin | 23.8% | 8.7% | 5.7% | 10.4% | 9.7% | 3.0% | 4.3% | 8.9% | 6.3% | 5.4% | 61.8% | 6.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in WDAY's financial statements (latest annual report filed March 6, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
WDAY financial results
In fiscal year 2026 (ended January 31, 2026), Workday reported revenue of $9.6 billion, up 13.1% from the year before. It had net income of $693.0 million (up 31.7%), a net profit margin of 7.3%. Diluted earnings per share came to $9.23. Over five years revenue grew at an average rate of 17.2% a year.
See the WDAY stock overview for the latest quote and news, or the WDAY chart for price history and technical indicators.
WDAY income statement FAQ
What is Workday's annual revenue?
Workday reported total revenue of $9.6 billion for fiscal year 2026, which ended on January 31, 2026. That was up 13.1% from $8.4 billion the previous year.
Is Workday profitable?
Yes. Workday reported net income of $693.0 million in fiscal 2026, a net profit margin of 7.3%; its operating margin was 10.7%.
What is Workday's gross margin?
Workday's gross margin was 75.7% in fiscal 2026: for every $100 of revenue, Workday kept $76 after the direct cost of its products and services.
How much does Workday spend on research and development?
Workday spent $2.7 billion on research and development in fiscal 2026, 28.0% of revenue.
How fast is Workday growing?
Revenue grew 17.2% a year on average over the last five fiscal years, from $4.3 billion to $9.6 billion.
What are Workday's earnings per share?
Workday earned $9.23 per diluted share in fiscal 2026, compared with $7.30 a year earlier.
When will Workday report its next earnings?
Workday is expected to report results for the quarter ending October 31, 2026 on November 24, 2026.
When does Workday's fiscal year end?
Workday's fiscal year ends in January. The latest annual report covers the year ended January 31, 2026 and was filed on March 6, 2026.