Workday, Inc. (WDAY) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Sales/Revenue | 2.54B | 2.53B | 2.43B | 2.35B | 2.24B | 2.21B | 2.16B | 2.08B | 1.99B | 1.92B | 1.87B | 1.79B | 1.67B | 1.65B | 1.6B | 1.54B | 1.43B | 1.38B | 1.33B | 1.26B |
| Revenue Growth % | 13.48% | 14.52% | 12.59% | 12.61% | 12.56% | 15.02% | 15.76% | 16.68% | 19.31% | 16.76% | 16.69% | 16.36% | 16.26% | 19.63% | 20.48% | 21.85% | 22.1% | 21.6% | 20.01% | 18.68% |
| Cost of Goods Sold | 604M | 611M | 591M | 582M | 537M | 539M | 530M | 511M | 489M | 460.22M | 445M | 448M | 417M | 453.48M | 435.79M | 423.08M | 402.82M | 389.8M | 359.72M | 345.52M |
| COGS % of Revenue | 23.76% | 24.13% | 24.3% | 24.79% | 23.97% | 24.38% | 24.54% | 24.51% | 24.57% | 23.94% | 23.85% | 25.07% | 25% | 27.55% | 27.25% | 27.55% | 28.08% | 28.33% | 27.1% | 27.41% |
| Gross Profit | 1.94B | 1.92B | 1.84B | 1.77B | 1.7B | 1.67B | 1.63B | 1.57B | 1.5B | 1.46B | 1.42B | 1.34B | 1.25B | 1.19B | 1.16B | 1.11B | 1.03B | 986.34M | 967.54M | 914.84M |
| Gross Margin % | 76.24% | 75.87% | 75.7% | 75.21% | 76.03% | 75.62% | 75.46% | 75.49% | 75.43% | 76.06% | 76.15% | 74.93% | 74.97% | 72.45% | 72.75% | 72.45% | 71.92% | 71.67% | 72.9% | 72.59% |
| Gross Profit Growth % | 13.8% | 14.89% | 12.94% | 12.2% | 13.46% | 14.36% | 14.71% | 17.55% | 20.03% | 22.57% | 22.15% | 20.34% | 21.2% | 20.93% | 20.23% | 21.63% | 22.55% | 20.49% | 19.33% | 17.64% |
| Operating Expenses | 1.6B | 1.62B | 1.58B | 1.52B | 1.66B | 1.6B | 1.47B | 1.46B | 1.44B | 1.38B | 1.33B | 1.3B | 1.29B | 1.28B | 1.19B | 1.15B | 1.1B | 1.09B | 943.59M | 915.96M |
| OpEx % of Revenue | 62.94% | 63.86% | 65.05% | 64.65% | 74.29% | 72.23% | 67.82% | 70.17% | 72.21% | 71.96% | 71.44% | 72.92% | 77.14% | 77.86% | 74.39% | 74.67% | 77% | 79.01% | 71.09% | 72.67% |
| Selling, General & Admin | 895M | 926M | 911M | 857M | 835M | 839M | 818M | 813M | 773M | 748.21M | 714M | 693M | 687M | 666.15M | 623.9M | 598.96M | 563.17M | 549.57M | 487.98M | 471.71M |
| SG&A % of Revenue | 35.21% | 36.57% | 37.46% | 36.5% | 37.28% | 37.95% | 37.87% | 38.99% | 38.84% | 38.92% | 38.26% | 38.78% | 41.19% | 40.46% | 39.02% | 39% | 39.25% | 39.94% | 36.77% | 37.43% |
| Research & Development | 705M | 691M | 666M | 660M | 663M | 674M | 647M | 649M | 656M | 635.13M | 619M | 610M | 600M | 615.59M | 565.73M | 547.84M | 541.51M | 537.74M | 455.62M | 444.25M |
| R&D % of Revenue | 27.73% | 27.29% | 27.38% | 28.11% | 29.6% | 30.48% | 29.95% | 31.13% | 32.96% | 33.04% | 33.17% | 34.14% | 35.97% | 37.39% | 35.38% | 35.67% | 37.74% | 39.08% | 34.33% | 35.25% |
| Other Operating Expenses | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 338M | 304M | 259M | 248M | 39M | 75M | 165M | 111M | 64M | 78.69M | 88M | 36M | -36.13M | -88.96M | -26.32M | -34.08M | -72.84M | -100.96M | 23.95M | -1.12M |
| Operating Margin % | 13.3% | 12.01% | 10.65% | 10.56% | 1.74% | 3.39% | 7.64% | 5.32% | 3.22% | 4.09% | 4.72% | 2.01% | -2.17% | -5.4% | -1.65% | -2.22% | -5.08% | -7.34% | 1.8% | -0.09% |
| Operating Income Growth % | 766.67% | 305.33% | 56.97% | 123.42% | -39.06% | -4.69% | 87.5% | 208.33% | 277.16% | 188.46% | 434.33% | 205.64% | 50.41% | 11.89% | -209.92% | -2942.68% | -90.13% | -37.72% | 270.1% | 93.31% |
| EBITDA | 430M | 401M | 344M | 329M | 123M | 166M | 246M | 190M | 139M | 150.22M | 157M | 107M | 33.87M | 1M | 65.53M | 58.62M | 17M | -12.21M | 111.07M | 84.26M |
| EBITDA Margin % | 16.92% | 15.84% | 14.14% | 14.01% | 5.49% | 7.51% | 11.39% | 9.11% | 6.98% | 7.81% | 8.41% | 5.99% | 2.03% | 0.06% | 4.1% | 3.82% | 1.19% | -0.89% | 8.37% | 6.69% |
| EBITDA Growth % | 249.59% | 141.57% | 39.84% | 73.16% | -11.51% | 10.51% | 56.69% | 77.57% | 310.34% | 14861.95% | 139.57% | 82.54% | 99.22% | 108.22% | -41% | -30.44% | -61.49% | -782.23% | 85.78% | 49.34% |
| D&A (Non-Cash Add-back) | 92M | 97M | 85M | 81M | 84M | 91M | 81M | 79M | 75M | 71.53M | 69M | 71M | 70M | 89.96M | 91.85M | 92.69M | 89.85M | 88.75M | 87.13M | 85.38M |
| EBIT | 355M | 264M | 367M | 333M | 132M | 148M | 256M | 196M | 152M | 166.42M | 158M | 111M | 35.45M | -49.37M | 7.47M | -36.71M | -78.99M | -79.75M | 49.66M | 106.06M |
| Net Interest Income | 26M | 27M | 55M | 59M | 64M | 55M | 57M | 60M | 64M | 58.35M | 51M | 43M | 34M | 18.69M | 1.63M | -14.95M | -10.01M | -3.03M | -2.96M | -2.86M |
| Interest Income | 52M | 55M | 84M | 88M | 93M | 83M | 86M | 88M | 93M | 86.73M | 80M | 72M | 63M | 47.24M | 31.25M | 15.21M | 4.01M | 1.04M | 1.2M | 1.33M |
| Interest Expense | 26M | 28M | 29M | 29M | 29M | 28M | 29M | 28M | 29M | 28.38M | 29M | 29M | 29M | 28.55M | 29.63M | 30.16M | 14.02M | 4.08M | 4.16M | 4.19M |
| Other Income/Expense | 17M | -40M | 79M | 56M | 64M | 45M | 62M | 57M | 59M | 59.35M | 41M | 46M | 43.03M | 11.04M | 4.16M | -32.79M | -20.16M | 17.14M | 21.56M | 102.98M |
| Pretax Income | 355M | 264M | 338M | 304M | 103M | 120M | 227M | 168M | 123M | 138.04M | 129M | 82M | 6.91M | -77.92M | -22.16M | -66.87M | -93.01M | -83.82M | 45.5M | 101.86M |
| Pretax Margin % | 13.97% | 10.43% | 13.9% | 12.95% | 4.6% | 5.43% | 10.51% | 8.06% | 6.18% | 7.18% | 6.91% | 4.59% | 0.41% | -4.73% | -1.39% | -4.35% | -6.48% | -6.09% | 3.43% | 8.08% |
| Income Tax | 133M | 119M | 86M | 76M | 35M | 26M | 34M | 36M | 16M | -1.05B | 15M | 3M | 6.77M | 47.78M | 52.56M | -2.71M | 9.17M | -10.57M | 2.09M | -3.87M |
| Effective Tax Rate % | 37.46% | 45.08% | 25.44% | 25% | 33.98% | 21.67% | 14.98% | 21.43% | 13.01% | -761% | 11.63% | 3.66% | 98.03% | -61.32% | -237.22% | 4.05% | -9.86% | 12.61% | 4.59% | -3.8% |
| Net Income | 222M | 145M | 252M | 228M | 68M | 94M | 193M | 132M | 107M | 1.19B | 114M | 79M | 136K | -125.7M | -74.72M | -64.16M | -102.17M | -73.25M | 43.41M | 105.74M |
| Net Margin % | 8.73% | 5.73% | 10.36% | 9.71% | 3.04% | 4.25% | 8.94% | 6.33% | 5.38% | 61.83% | 6.11% | 4.42% | 0.01% | -7.64% | -4.67% | -4.18% | -7.12% | -5.32% | 3.27% | 8.39% |
| Net Income Growth % | 226.47% | 54.26% | 30.57% | 72.73% | -36.45% | -92.09% | 69.3% | 67.09% | 78576.47% | 1045.52% | 252.57% | 223.13% | 100.13% | -71.59% | -272.12% | -160.68% | -119.62% | -2.16% | 278.36% | 477.41% |
| Net Income (Continuing) | 222M | 145M | 252M | 228M | 68M | 94M | 193M | 132M | 107M | 1.19B | 114M | 79M | 136K | -125.7M | -74.72M | -64.16M | -102.17M | -73.25M | 43.41M | 105.74M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.87 | 0.55 | 0.94 | 0.84 | 0.25 | 0.35 | 0.72 | 0.49 | 0.40 | 4.42 | 0.43 | 0.30 | 0.00 | -0.49 | -0.29 | -0.25 | -0.41 | -0.29 | 0.17 | 0.41 |
| EPS Growth % | 248% | 57.14% | 30.56% | 71.43% | -37.5% | -92.08% | 67.44% | 63.33% | - | 1002.04% | 248.28% | 220% | 100.12% | -68.97% | -270.59% | -160.98% | -115.79% | 3.33% | 270% | 441.67% |
| EPS (Basic) | 0.87 | 0.55 | 0.95 | 0.85 | 0.26 | 0.35 | 0.73 | 0.50 | 0.40 | 4.52 | 0.43 | 0.30 | 0.00 | -0.49 | -0.29 | -0.25 | -0.41 | -0.29 | 0.17 | 0.43 |
| Diluted Shares Outstanding | 254.31M | 263.41M | 269.7M | 270.18M | 270.3M | 270.01M | 268.55M | 267.95M | 270.3M | 268.84M | 266.38M | 264.44M | 261.37M | 257.32M | 255.75M | 254.35M | 251.74M | 254.38M | 254.76M | 260.02M |
| Basic Shares Outstanding | 253.89M | 261.27M | 266.39M | 266.78M | 266.52M | 265.84M | 265.41M | 265.32M | 264.44M | 263.1M | 262.15M | 261.19M | 258.82M | 257.32M | 255.75M | 254.35M | 249.2M | 249.95M | 248.47M | 246.94M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |