US · Information Technology
Workday, Inc. (WDAY) stock research: earnings, ownership, and cash flow
Workday, Inc. operates in the Application Software industry within the Information Technology sector and is a constituent of the S&P 500. This page connects filing evidence with ownership, insider activity, forecasts, ETFs, and peer context so each dataset can be checked against the others.
Deterministic, source-linked commentary
The current research read on WDAY
WDAY's current operating picture begins with the latest company report. 10-Q covers CY2026Q1. quarterly revenue was $2.5B; year-over-year growth was 13.5%; operating margin was 13.3%; trailing free cash flow was $1.8B. Read together, these figures test whether scale is translating into profit and cash. Verify periods and company footnotes in the original SEC EDGAR filing.
The valuation range should move when WDAY's operating assumptions move. The forecast scenarios were updated 2026-05-21. Revenue growth, margins, cash generation, and risk assumptions must be checked against each new filing. Compare them with the latest earnings analysis.
No single dataset settles the WDAY research case. Use institutional ownership, insider filings, earnings analysis, forecast scenarios alongside the filing. Company facts can update before 13F positions, so align every source date and report period before treating a difference as a change in fundamentals.
Business model
Company snapshot
Workday, Inc. operates in the Application Software industry within the Information Technology sector and is a constituent of the S&P 500. The latest standardized snapshot records $9.56B of trailing revenue, $770M of net income, and $1.82B of free cash flow. These figures describe the reported company, while valuation and price require a separate market-data timestamp.
Operating lines
A named product, service, or operating exposure identified in the company description.
A named product, service, or operating exposure identified in the company description.
Geographic revenue mix
The current standardized filing dataset does not extract a comparable geographic revenue table for every issuer. Review the latest 10-K segment note for domestic and international mix, concentration, foreign-exchange sensitivity, and country-specific regulation.
10-Q · 2026-05-22
What the latest filing shows
Revenue for the latest standardized quarter was $2.54B, while diluted EPS was 0.87. Revenue changed 13.5% from the comparable period. Gross margin was 98.1% and operating margin was 13.3%. Margin direction matters because it shows whether growth is translating into operating leverage or requiring more cost to support.
Open original SEC filingEarnings & filings
WDAY earnings calls, releases, and filing evidence
Earnings calls
No authorized call transcript summary is available yet for this ticker.
Filings & announcements
Q1 FY2027 · Earnings Release Summary
Total revenue: $2.542B, +13.5% Y/Y; Subscription revenue: $2.354B, +14.3% Y/Y; 12-month backlog: $8.806B, +15.5% Y/Y
Source: Workday fiscal Q1 2027 results · 2026-05-22Earnings history
| Date | Period | Status | Revenue | EPS | Source |
|---|---|---|---|---|---|
| 2026-05-22 | Q1 FY2027 | Reported | $2.542B | N/A | Workday fiscal Q1 2027 results |
CY2026Q1
Earnings analysis
| Period | Revenue | Net income | EPS | Operating margin |
|---|---|---|---|---|
| CY2026Q1 | $2.54B | $222M | 0.87 | 13.3% |
| TTM | $9.56B | $770M | 2.9 | 9.2% |
| CY2025 | $9.55B | $693M | See filing | 7.5% |
Workday's fiscal Q1 2027 report should be read as a stock-outlook reset, not just a beat-or-miss event. The key facts are roughly $2.2B revenue, subscription revenue remained the core growth driver, operating margin and cash flow showed whether enterprise software demand is still healthy, and management's subscription revenue outlook is the key reset point. Bottom line: the report improves the setup only if those numbers support whether Workday can keep compounding subscription revenue while AI features improve the value of HR and finance workflows.
Read detailed earnings analysisScenario analysis
Forecast range
WDAY is a NASDAQ-100 stock with a checked price of 126.61, market cap of 31.61B, and revenue of 9.55B. A practical 2026 scenario map is $95-114 in a bear case, $116-146 in a base case, and $149-184 in a bull case. The forecast depends on software, cloud, cybersecurity, and AI monetization.
Forecast assumptions
- Revenue growth must be checked against the latest filing and management guidance.
- Current reported operating margin is 9.2%.
- TTM free-cash-flow margin is 19%.
- Discount rates and valuation multiples should move when risk-free rates, business risk, or estimate confidence changes.
This is not a buy or sell recommendation. Forecasts are conditional ranges whose assumptions can fail.
Open forecast methodology and scenariosInformation Technology
Peer comparison
| Company | TTM revenue | Revenue growth | Operating margin | Tracked holders |
|---|---|---|---|---|
| WDAYWorkday, Inc. | $9.56B | 13.5% | 9.2% | 0 |
| ANETArista Networks | $9.23B | 35.1% | 43.1% | 0 |
| STXSeagate Technology | $10.73B | 44.1% | 27.7% | 0 |
| GLWCorning Inc. | $10.86B | 20.5% | 20.7% | 0 |
| MSIMotorola Solutions | $11.02B | 7.4% | 23.3% | 0 |
| SNPSSynopsys | $8.03B | 41.9% | 10.8% | 0 |
| ROPRoper Technologies | $7.94B | 11.3% | 27.9% | 0 |
WDAY's 13.5% revenue growth and 9.2% operating margin should be read against peers using the same reporting definitions. A higher margin may reflect pricing power or business mix, while a lower margin can reflect investment, cyclicality, or weaker economics.
10-K · 2026-03-06
Key risk factors disclosed in the latest 10-K
The categories below are a deterministic research checklist anchored to Workday, Inc.'s industry and latest annual filing. They summarize areas investors should locate in Item 1A; they do not replace the company's exact legal disclosure.
- Demand and product-cycle risk: Application Software can experience changing customer demand, replacement cycles, and competitive product launches that affect revenue timing.
- Competition and execution: Market share depends on product quality, pricing, distribution, innovation, and management's ability to convert investment into durable customer demand.
- Supply chain and counterparties: Supplier concentration, logistics disruption, component availability, and customer concentration can affect delivery schedules, costs, and working capital.
- Regulation and litigation: Antitrust, privacy, securities, labor, tax, environmental, and industry-specific rules may change costs or restrict products and business practices.
- Financial and market risk: Foreign exchange, interest rates, credit conditions, investment values, and capital-allocation decisions can affect reported earnings and valuation.
Research workflow
Common research questions about WDAY
Who is the largest tracked institutional holder of WDAY?
The current tracked-manager sample does not identify an active WDAY holder. The WDAY ownership page will reflect a matching position when one enters the filing dataset.
What does recent insider activity show for WDAY?
No recent Form 4 transaction appears in the current WDAY window. Check the WDAY Form 4 history for later company-officer or director filings.
What business does Workday, Inc. operate?
Workday, Inc. The WDAY company snapshot connects that business description with reported revenue, profit, and cash flow.
How does WDAY compare with a close operating peer?
WDAY's revenue growth is 13.5% and its operating margin is 9.2%. Compare those figures with ANET research using the same definitions.
What do the latest financials say about WDAY?
10-Q reports $9.6B of trailing revenue, with revenue growth of 13.5% and an operating margin of 9.2%. The supporting period and source are listed in the WDAY filing section.
How strong is WDAY's cash return profile?
Workday, Inc. does not show a positive trailing dividend cash outflow in the standardized snapshot, while free cash flow is $1.8B. Review the WDAY filing evidence before assessing capital-allocation capacity.
Which assumptions matter most for the WDAY outlook?
The WDAY range depends on revenue growth, operating margin, cash conversion, and the risk assumptions in each new filing. Recheck them in the WDAY forecast section.
Primary and reference data
Sources and methodology
- Filings: SEC EDGAR CompanyFacts, 10-K, 10-Q, 8-K, Form 4, 13F-HR.
- Fundamentals: SEC EDGAR CompanyFacts; market references may use yfinance and Finnhub where explicitly available.
- ETF: Issuer disclosures and the locally dated ETF holdings snapshot.
Methodology: How SnowballHare parses and validates data.
Editorial standards: How research is published.
Disclaimer: Informational only; not investment, legal, or tax advice. Cross-check material facts against original filings before acting.
Reference notes
Data notes
Reporting dates
Use filing dates, report periods, and source links together for WDAY. A company filing, a 13F disclosure, a Form 4 transaction, and an earnings release can describe different time windows, so the date beside each row matters before comparing signals.
Ownership context
13F rows are delayed public long-equity snapshots from a selected manager universe. They are useful for seeing which tracked institutions reported exposure, but they do not show every hedge, short position, cash balance, or trade made after the quarter ended.
Insider transactions
Form 4 activity should be read by transaction type, role, value, and remaining ownership. Open-market purchases and sales are different from grants, option exercises, gifts, or tax withholding, and the original SEC filing is still the controlling document.
Earnings and forecasts
Earnings pages and forecast pages are linked when a supported article exists. Treat those pages as context for reported numbers, guidance, margins, and scenario assumptions, then return to the table data when you need the underlying source date or filing trail.