Workday, Inc. income statement
In fiscal 2026, Workday, Inc. reported revenue of $9.55bn, up 13.1% on the year before, operating income of $721m (a 7.5% margin) and net income of $693m, or $2.59 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2011Dec 2010 | 2012Jan 2012 | 2013Jan 2013 | 2014Jan 2014 | 2015Jan 2015 | 2016Jan 2016 | 2017Jan 2017 | 2018Jan 2018 | 2019Jan 2019 | 2020Jan 2020 | 2021Jan 2021 | 2022Jan 2022 | 2023Jan 2023 | 2024Jan 2024 | 2025Jan 2025 | 2026Jan 2026 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.1 | 0.1 | 0.3 | 0.5 | 0.8 | 1.2 | 1.6 | 2.1 | 2.8 | 3.6 | 4.3 | 5.1 | 6.2 | 7.3 | 8.4 | 9.6 | 10.2 |
| Cost of revenue | 0.0 | 0.1 | 0.1 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | 0.0 | 0.1 | 0.2 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Research and development | 0.0 | 0.1 | 0.1 | 0.2 | 0.3 | 0.5 | 0.7 | 0.9 | 1.2 | 1.5 | 1.7 | 1.9 | 2.2 | 2.5 | 2.6 | 2.7 | 2.8 |
| Selling and marketing | 0.0 | 0.1 | 0.1 | 0.2 | 0.3 | 0.4 | 0.6 | 0.7 | 0.9 | 1.1 | 1.2 | 1.5 | 1.8 | 2.1 | 2.4 | 2.6 | 2.7 |
| General and administrative | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.3 | 0.4 | 0.4 | 0.5 | 0.6 | 0.7 | 0.8 | 0.9 | 0.9 |
| Operating income | −0.1 | −0.1 | −0.1 | −0.2 | −0.2 | −0.2 | −0.4 | −0.3 | −0.5 | −0.5 | −0.2 | −0.1 | −0.2 | 0.2 | 0.4 | 0.7 | 1.1 |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Income before tax | −0.1 | −0.1 | −0.1 | −0.2 | −0.2 | −0.3 | −0.4 | −0.3 | −0.4 | −0.5 | −0.3 | 0.0 | −0.3 | 0.4 | 0.6 | 1.0 | 1.3 |
| Income tax | — | — | 0.0 | 0.0 | 0.0 | 0.0 | −0.0 | 0.0 | −0.0 | −0.0 | 0.0 | −0.0 | 0.1 | −1.0 | 0.1 | 0.3 | 0.0 |
| Net income | −0.1 | −0.1 | −0.1 | −0.2 | −0.2 | −0.3 | −0.4 | −0.3 | −0.4 | −0.5 | −0.3 | 0.0 | −0.4 | 1.4 | 0.5 | 0.7 | 1.3 |
| Diluted EPS | −$2.22 | −$2.71 | −$1.62 | −$1.01 | −$1.35 | −$1.45 | −$1.94 | −$1.55 | −$1.93 | −$2.12 | −$1.19 | $0.12 | −$1.44 | $5.21 | $1.95 | $2.59 | $4.85 |
| Diluted shares (average) | 25m | 29m | 74m | 171m | 184m | 190m | 198m | 208m | 217m | 227m | 237m | 254m | 255m | 265m | 269m | 268m | 258m |
| EBITDA | −0.1 | −0.1 | −0.1 | −0.1 | −0.2 | −0.2 | −0.2 | −0.2 | −0.3 | −0.3 | −0.0 | 0.1 | 0.1 | 0.4 | 0.7 | 1.0 | 1.3 |
| Quarter | 2025 Q3Oct 2024 | 2025 Q4Jan 2025 | 2026 Q1Apr 2025 | 2026 Q2Jul 2025 | 2026 Q3Oct 2025 | 2026 Q4Jan 2026 | 2027 Q1Apr 2026 | 2027 Q2Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,160 | 2,211 | 2,240 | 2,348 | 2,432 | 2,532 | 2,542 | 2,649 |
| Research and development | 647 | 674 | 663 | 660 | 666 | 691 | 705 | 747 |
| Selling and marketing | 620 | 628 | 623 | 641 | 677 | 675 | 679 | 706 |
| General and administrative | 198 | 220 | 212 | 216 | 234 | 250 | 216 | 231 |
| Operating income | 165 | 75 | 39 | 248 | 259 | 174 | 338 | 313 |
| Interest expense | 29 | 28 | 29 | 29 | 29 | 28 | 26 | 28 |
| Income before tax | 227 | 120 | 103 | 304 | 338 | 264 | 355 | 327 |
| Income tax | 34 | 26 | 35 | 76 | 86 | 119 | 133 | −305 |
| Net income | 193 | 94 | 68 | 228 | 252 | 145 | 222 | 632 |
| Diluted EPS | $0.72 | $0.34 | $0.25 | $0.84 | $0.94 | $0.56 | $0.87 | $2.57 |
| EBITDA | 225 | 144 | 101 | 307 | 318 | 231 | 393 | 369 |
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