Workday, Inc.
Financial Performance
Workday Revenue & Financials
Revenue
$9.6B (FY2026)
Market Cap
$51B
Net Income
$693M
Employees
21,070
What is Workday's revenue?
Workday had $9.6B in revenue for fiscal year 2026, up 13.1% from 2025. Net income was $693M.
- Latest revenue
- $9.6B (FY2026)
- Year-over-year
- +13.1%
- Growth rate (CAGR)
- 22.2% over 9 years
- Peak revenue
- $9.6B (FY2026)
- Years of data
- 10
- Employees
- 21,070
- What is Workday's operating income?
- Workday reported operating income of $721M for fiscal year 2026. sec.gov
- How much profit does Workday make?
- Workday reported net income of $693M for fiscal year 2026. newsroom.workday.com
- How many employees does Workday have?
- Workday has about 21,070 employees.
Financial Analysis
Workday reported fiscal 2026 revenue of $9.552B, up 13.1%, with subscription revenue of $8.833B, up 14.5%. GAAP operating income was $721M after $303M of restructuring costs, and GAAP net income was $693M, or $2.59 per diluted share. In Q2 fiscal 2027 (quarter ended July 31, 2026), revenue rose 12.8% to $2.649B and subscription revenue rose 13.9% to $2.471B. GAAP operating margin was 11.8% and non-GAAP operating margin was 31.1%. Diluted EPS of $2.57 included a one-time $1.52 per share tax benefit from an internal IP transfer. The company bought back about $1.3B of stock in the quarter and the board added a $4.0B repurchase authorization. Workday, Inc. is an absolute colossal American cloud-based software vendor that entirely dominates enterprise human capital and financial management, commanding a massive market valuation generally exceeding $65 billion.
Revenue Trend Analysis
YoY Change
+13.1%
9-Year CAGR
+22.2%
Peak Year
2026
Trend
Consistent Growth
Workday, Inc. has 10 full fiscal year figures on this page, compounding at +22.2% annually over 9 years. The most recent year saw a 13.1% increase versus the prior year. Annual revenue peaked in fiscal year 2026 at $9.6B. Of 9 comparable year-over-year steps, 9 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Operating Income | Net Income | YoY Change | Source |
|---|---|---|---|---|---|
| FY2026 | $9.6B | $721Mfiling | $693M | +13.1% | Workday fiscal 2026 fourth quarter and full year results Fiscal year ended January 31, 2026. Revenue up 13.1%. |
| FY2025 | $8.4B | $415Mfiling | $526M | +16.4% | Workday Form 10-K filings (SEC EDGAR) Fiscal year ended January 31, 2025. |
| FY2024 | $7.3B | $183Mfiling | $1.4B | +16.8% | Workday Form 10-K filings (SEC EDGAR) Fiscal year ended January 31, 2024. Net income includes a large one-time tax benefit. |
| FY2023 | $6.2B | -$222Mfiling | -$367M | +21.0% | Workday Form 10-K filings (SEC EDGAR) Fiscal year ended January 31, 2023. |
| FY2022 | $5.1B | -$116Mfiling | $29M | +19.0% | Workday Form 10-K filings (SEC EDGAR) Fiscal year ended January 31, 2022. |
| FY2021 | $4.3B | -$248.6Mfiling | -$282.4M | +19.0% | Workday Form 10-K filings (SEC EDGAR) Fiscal year ended January 31, 2021. |
| FY2020 | $3.6B | -$502.2Mfiling | -$480.7M | +28.5% | Workday Form 10-K filings (SEC EDGAR) Fiscal year ended January 31, 2020. |
| FY2019 | $2.8B | -$463.3Mfiling | -$418.3M | +31.7% | Workday Form 10-K filings (SEC EDGAR) Fiscal year ended January 31, 2019. |
| FY2018 | $2.1B | -$303.2Mfiling | -$321.2M | +36.1% | Workday Form 10-K filings (SEC EDGAR) Fiscal year ended January 31, 2018. |
| FY2017 | $1.6B | -$353.1M | -$384.7M | — | Workday, Inc. annual report (Form 10-K, SEC EDGAR, filed 2019-03-18) Fiscal year ended 2017-01-31. |
Click any row to see year details.
Workday, Inc. balance sheet and cash flow
Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 10-K, linked on each row. Free cash flow here is operating cash flow less capital expenditures, calculated by CorpDigest.
| Fiscal Year | Operating cash flow | Capital expenditures | Total assets | Total liabilities | Shareholders' equity | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| FY2026ended Jan 31, 2026 | $2.9B | $162M | $18.1B | $10.3B | $7.8B | $2.8B | Form 10-K |
| FY2025ended Jan 31, 2025 | $2.5B | $269M | $18B | $8.9B | $9B | $2.2B | Form 10-K |
| FY2024ended Jan 31, 2024 | $2.1B | $232M | $16.5B | $8.4B | $8.1B | $1.9B | Form 10-K |
| FY2023ended Jan 31, 2023 | $1.7B | $364M | $13.5B | $7.9B | $5.6B | $1.3B | Form 10-K |
| FY2022ended Jan 31, 2022 | $1.7B | — | $10.5B | $6B | $4.5B | — | Form 10-K |
| FY2021ended Jan 31, 2021 | $1.3B | — | $8.7B | $5.4B | $3.3B | — | Form 10-K |
| FY2020ended Jan 31, 2020 | $864.6M | — | $6.8B | $4.3B | $2.5B | — | Form 10-K |
| FY2019ended Jan 31, 2019 | $606.7M | — | $5.5B | $3.6B | $2B | — | Form 10-K |
| FY2018ended Jan 31, 2018 | $465.7M | — | $4.9B | $3.4B | $1.6B | — | Form 10-K |
| FY2017ended Jan 31, 2017 | $350.6M | — | $3.3B | $2B | $1.3B | — | Form 10-K |
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Workday Revenue and Financial FAQ
What was Workday's total revenue in fiscal year 2026?
In fiscal year 2026, Workday generated $9.552 billion in total revenues, representing solid double-digit growth driven by large enterprise cloud expansions.
How much of Workday's revenue comes from subscriptions?
Subscription revenue accounts for more than 90% of total revenue (over $8.6 billion), delivering high predictability and gross margins exceeding 75%–78%.
What is Workday's total subscription revenue backlog?
Workday maintains a massive total subscription revenue backlog exceeding $20 billion, with its 24-month subscription backlog surpassing $7.5 billion.
What are Workday's non-GAAP operating margins?
Through disciplined hiring and operating leverage, Workday expanded its non-GAAP operating margins toward 25%–27%, producing over $2.2 billion in annual operating cash flow.
Does Workday repurchase its own common stock?
Yes, Workday maintains an active multi-billion-dollar share repurchase program to manage equity dilution from stock-based compensation and return capital to shareholders.
What is Workday's balance sheet cash and debt profile?
Workday maintains an exceptionally strong balance sheet with over $7 billion in cash, cash equivalents, and marketable securities, balanced by low-cost senior convertible notes.
How does international expansion contribute to revenue?
International markets represent approximately 25%–30% of total revenue, with accelerating customer adoption across the UK, France, Germany, Japan, and Australia.
What is Workday's gross revenue retention rate?
Workday consistently reports an industry-leading gross revenue retention rate exceeding 95%, reflecting virtually zero customer attrition among large enterprise and multinational accounts.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Workday Revenue & Financials." CorpDigest, https://corpdigest.com/company/workday/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Workday reported $9.6B in revenue (FY2026).</strong><br>Source: <a href="https://corpdigest.com/company/workday/financials" target="_blank" rel="noopener">CorpDigest — Workday financials</a></div>Related Financial Audits
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