Workday (WDAY) Operating Margin (2011 - 2026)
Workday (WDAY) posted Operating Margin of 11.82% for Q3 2026, up 71.94% on a QoQ basis from 6.87% in Q1 2026, and up 125.0% year-over-year from 5.25% in Q3 2025.
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Analysis
Workday (WDAY) Operating Margin (2011 - 2026) Analysis & Trends
Workday has reported Operating Margin for 16 years, with the latest figure at 11.82% in Q3 2026.
- On a quarterly basis, Operating Margin rose 125.0% year-over-year to 11.82% in Q3 2026; TTM through Jul 2026 was 9.98%, a 410.0% increase from a year earlier, with the FY2026 full-year figure at 7.55%, up 263.0% from the prior year.
- Operating Margin was 11.82% for Q3 2026 at Workday, up from 6.87% in the prior quarter.
- The five-year high for Operating Margin was 11.82% in Q3 2026, with the low at 7.3% in Q1 2022.
- Average Operating Margin over 5 years is 2.73%, with a median of 3.3% recorded in 2025.
- The sharpest annual moves came in 2022 and 2024: Operating Margin sank 345 bps in 2022, then surged 950 bps in 2024.
- Over 5 years, Operating Margin stood at 1.65% in 2022, then jumped by 387 bps to 4.72% in 2023, then jumped by 62 bps to 7.64% in 2024, then jumped by 39 bps to 10.65% in 2025, then climbed by 11 bps to 11.82% in 2026.
- The last three Operating Margin figures came in at 11.82% (Q3 2026), 6.87% (Q1 2026), and 10.65% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Oracle | 457.43 Bn | 426.08 Bn | - | 31.97% |
| 2 | Sap Se | 264.23 Bn | 243.15 Bn | 8.40 Bn | 26.76% |
| 3 | Workday | 47.22 Bn | 43.82 Bn | 2.21 Bn | 11.82% |
| 4 | Roper Technologies | 40.28 Bn | 39.92 Bn | 1.47 Bn | 27.73% |
| 5 | Fidelity National Information Services | 21.61 Bn | 20.87 Bn | 1.17 Bn | 15.01% |
| 6 | Tyler Technologies | 17.53 Bn | 16.56 Bn | 307.06 Mn | 14.74% |
| 7 | Brightstar Lottery | 2.11 Bn | 2.72 Bn | 299.00 Mn | 39.38% |
| 8 | i3 Verticals | 441.95 Mn | 559.09 Mn | 36.75 Mn | -1.68% |
| 9 | Netsol Technologies | 48.20 Mn | 36.07 Mn | 9.03 Mn | 6.48% |
| 10 | Mind Cti | 20.58 Mn | 7.11 Mn | 2.55 Mn | 14.96% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 11.82% |
| Jan 31, 2026 | 6.87% |
| Oct 31, 2025 | 10.65% |
| Jul 31, 2025 | 10.56% |
| Apr 30, 2025 | 1.74% |
| Jan 31, 2025 | 3.39% |
| Oct 31, 2024 | 7.64% |
| Jul 31, 2024 | 5.32% |
| Apr 30, 2024 | 3.22% |
| Jan 31, 2024 | 4.11% |
| Oct 31, 2023 | 4.72% |
| Jul 31, 2023 | 2.01% |
| Apr 30, 2023 | -1.19% |
| Jan 31, 2023 | -5.39% |
| Oct 31, 2022 | -1.65% |
| Jul 31, 2022 | -2.22% |
| Apr 30, 2022 | -5.08% |
| Jan 31, 2022 | -7.30% |
| Oct 31, 2021 | 1.80% |
| Jul 31, 2021 | -0.09% |