Workday (WDAY) Operating Margin (2011 - 2026)
Workday's Operating Margin was 11.82% in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 1.25 percentage points from 10.56% a year earlier.
Workday (WDAY) Operating Margin (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Workday's Operating Margin was 9.98% through Jul 31, 2026, up 4.10 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it came in at 7.55%, up 2.63 percentage points from FY2025.
- Operating Margin has now increased for three consecutive fiscal years, with a five-year change of +13.31 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Operating Margin was 4.91% in FY2025 (+2.39 pp), 2.52% in FY2024 (+6.09 pp), -3.57% in FY2023 (-1.31 pp) and -2.26% in FY2022 (+3.50 pp).
- The fiscal Q2 2027 figure marks the highest quarterly Operating Margin in data going back to fiscal Q3 2012.
- Compared with a year earlier, Operating Margin was higher in five of the last seven quarters, with an average year-over-year change of +1.96 percentage points.
- The best year-over-year quarter for Operating Margin over five years was fiscal Q4 2024 (a gain of 9.50 percentage points); the worst was fiscal Q3 2023 (a drop of 3.45 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 484.14 Bn | 453.09 Bn | 1.64 Bn | 47.12% |
| 2 | Oracle | 382.29 Bn | 254.42 Bn | - | 34.78% |
| 3 | Sap Se | 271.18 Bn | 198.96 Bn | 8.40 Bn | 26.76% |
| 4 | Salesforce | 198.30 Bn | 154.17 Bn | 8.70 Bn | 20.55% |
| 5 | ServiceNow | 157.86 Bn | 136.32 Bn | 2.82 Bn | 4.06% |
| 6 | Automatic Data Processing | 118.67 Bn | 100.80 Bn | 2.51 Bn | -33.33% |
| 7 | Intuit | 92.65 Bn | 72.00 Bn | 3.44 Bn | 10.91% |
| 8 | Relx | 71.64 Bn | 70.74 Bn | - | - |
| 9 | Strategy | 54.13 Bn | 47.12 Bn | 81.55 Mn | -6,808.11% |
| 10 | Workday | 49.77 Bn | 25.89 Bn | 2.00 Bn | 11.82% |
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% |
Workday Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=WDAY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "WDAY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=WDAY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();