Workday, Inc. (WDAY) closed fiscal year 2026 with a gross margin of 72.5 % and a net margin of 7.3 %.
Workday, Inc. (WDAY) closed fiscal year 2026 with a gross margin of 72.5 % and a net margin of 7.3 %. The same year shows an EBITDA margin of 16.7 % and an EBIT margin of 7.5 %. The free cash flow margin was 29.1 %. Against the previous year the gross margin moved −2.0 pp and the net margin +1.0 pp. Across the period the gross margin ranges between 51.4 % in 2012 and 75.6 % in 2024. The series covers 15 fiscal years, from 2012 to 2026. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: January
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 51.37 % | 57.42 % | 62.30 % | 66.39 % | 67.63 % | 69.29 % | 70.63 % | 70.41 % | 70.63 % | 72.25 % | 72.21 % | 71.85 % | 75.60 % | 74.51 % | 72.53 % |
| EBITDA margin (%) | -51.42 % | -36.59 % | -25.29 % | -19.86 % | -14.17 % | -15.70 % | -7.82 % | -9.40 % | 1.81 % | 9.00 % | 12.26 % | 9.52 % | 12.14 % | 14.62 % | 16.72 % |
| EBIT margin (%) | -58.35 % | -43.07 % | -32.69 % | -27.38 % | -21.60 % | -22.43 % | -14.15 % | -16.42 % | -13.85 % | -5.76 % | -2.26 % | -3.57 % | 2.52 % | 4.91 % | 7.55 % |
| Net margin (%) | -59.49 % | -43.76 % | -36.79 % | -31.48 % | -23.78 % | -24.43 % | -14.99 % | -14.82 % | -13.25 % | -6.54 % | 0.56 % | -5.90 % | 19.02 % | 6.23 % | 7.26 % |
| FCF margin (%) | -13.97 % | -1.71 % | -3.08 % | -0.21 % | 10.80 % | 14.60 % | 15.13 % | 14.32 % | 17.12 % | 23.51 % | 26.99 % | 20.80 % | 26.41 % | 25.95 % | 29.07 % |
