Workday (WDAY) Gross Margin (2011 - 2026)
Workday (WDAY) posted Gross Margin of 83.54% for Q3 2026, little changed on a QoQ basis from 83.57% in Q1 2026, and down 70.0% year-over-year from 278.47% in Q3 2025.
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Workday (WDAY) Gross Margin (2011 - 2026) Analysis & Trends
Workday has reported Gross Margin for 13 years, with the latest figure at 83.54% in Q3 2026.
- On a quarterly basis, Gross Margin fell 70.0% year-over-year to 83.54% in Q3 2026; TTM through Jul 2026 was 83.77%, a 71.0% decrease from a year earlier, with the FY2026 full-year figure at 83.97%, down 104.0% from the prior year.
- Gross Margin was 83.54% for Q3 2026 at Workday, roughly flat from 83.57% in the prior quarter.
- The five-year high for Gross Margin was 85.85% in Q4 2023, with the low at 83.54% in Q3 2026.
- Average Gross Margin over 5 years is 84.56%, with a median of 84.31% recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: Gross Margin surged 223 bps in 2024, then plunged 132 bps in 2025.
- Over 5 years, Gross Margin stood at 83.78% in 2022, then climbed by 2 bps to 85.85% in 2023, then declined by 1 bps to 84.77% in 2024, then slipped by 1 bps to 83.76% in 2025, then retreated by 0 bps to 83.54% in 2026.
- The last three Gross Margin figures came in at 83.54% (Q3 2026), 83.57% (Q1 2026), and 83.76% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Oracle | 457.43 Bn | 426.08 Bn | - | - |
| 2 | Sap Se | 264.23 Bn | 243.15 Bn | 8.40 Bn | 73.17% |
| 3 | Workday | 47.22 Bn | 43.82 Bn | 2.21 Bn | 83.54% |
| 4 | Roper Technologies | 40.28 Bn | 39.92 Bn | 1.47 Bn | 69.71% |
| 5 | Fidelity National Information Services | 21.61 Bn | 20.87 Bn | 1.17 Bn | 34.76% |
| 6 | Tyler Technologies | 17.53 Bn | 16.56 Bn | 307.06 Mn | 47.60% |
| 7 | Brightstar Lottery | 2.11 Bn | 2.72 Bn | 299.00 Mn | 51.20% |
| 8 | i3 Verticals | 441.95 Mn | 559.09 Mn | 36.75 Mn | 69.26% |
| 9 | Netsol Technologies | 48.20 Mn | 36.07 Mn | 9.03 Mn | 45.03% |
| 10 | Mind Cti | 20.58 Mn | 7.11 Mn | 2.55 Mn | 55.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 83.54% |
| Jan 31, 2026 | 83.57% |
| Oct 31, 2025 | 83.76% |
| Jul 31, 2025 | 84.24% |
| Apr 30, 2025 | 84.38% |
| Jan 31, 2025 | 84.53% |
| Oct 31, 2024 | 84.77% |
| Jul 31, 2024 | 85.42% |
| Apr 30, 2024 | 85.43% |
| Jan 31, 2024 | 85.85% |
| Oct 31, 2023 | 85.85% |
| Jul 31, 2023 | 85.67% |
| Apr 30, 2023 | 85.81% |
| Jan 31, 2023 | 83.62% |
| Oct 31, 2022 | 83.78% |
| Jul 31, 2022 | 84.05% |
| Apr 30, 2022 | 83.76% |
| Jan 31, 2022 | 83.99% |
| Oct 31, 2021 | 84.88% |
| Jul 31, 2021 | 84.71% |