← Back to All US Stocks

Workday, Inc. (WDAY) Stock Fundamental Analysis & AI Rating 2026

WDAY Nasdaq Services-Computer Processing & Data Preparation DE CIK: 0001327811
Recently Updated • Analysis: Apr 19, 2026 • SEC Data: 2026-01-31
BUY
78% Conf
Pending
Analysis scheduled

📊 WDAY Key Takeaways

Revenue: $9.6B
Net Margin: 7.3%
Free Cash Flow: $2.8B
Current Ratio: 1.32x
Debt/Equity: 0.38x
EPS: $2.59
AI Rating: BUY with 78% confidence
Workday, Inc. (WDAY) receives a BUY rating with 78% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $9.6B, net profit margin of 7.3%, and return on equity (ROE) of 8.9%, Workday, Inc. demonstrates strong fundamentals in the Technology sector. Below is our complete WDAY stock analysis for 2026.

Is Workday, Inc. (WDAY) a Good Investment?

Claude

Workday demonstrates strong operational leverage with net income growing 2.4x faster than revenue (31.7% vs 13.1%), combined with exceptional free cash flow generation ($2.8B, 29.1% FCF margin) and a conservatively leveraged balance sheet (0.38x debt/equity). The company's asset-light SaaS model with strong cash generation supports sustainable growth, though modest operating margins (7.5%) and muted returns on capital (ROE 8.9%) suggest room for efficiency gains at scale.

Why Buy Workday, Inc. Stock? WDAY Key Strengths

Claude
  • + Strong profitability acceleration - net income growing 31.7% YoY significantly outpacing 13.1% revenue growth indicates improving operational leverage
  • + Exceptional free cash flow generation - $2.8B FCF with 29.1% FCF margin provides financial flexibility and validates underlying business quality beyond reported earnings
  • + Conservative financial structure - 0.38x debt/equity ratio with 6.3x interest coverage and only $162M CapEx (1.7% of revenue) demonstrates sustainable capital-light model

WDAY Stock Risks: Workday, Inc. Investment Risks

Claude
  • ! Low reported profitability margins - 7.5% operating margin and 7.3% net margin are modest for a mature enterprise SaaS company, raising questions about cost structure
  • ! Weak capital efficiency - ROE of 8.9% and ROA of 3.8% suggest sub-optimal returns on deployed capital relative to growth rate
  • ! Moderate liquidity position - 1.32x current ratio provides adequate but not exceptional cushion relative to $10.3B in total liabilities

Key Metrics to Watch

Claude
  • * Operating margin expansion trajectory - critical to validate whether 31.7% earnings growth is sustainable or driven by temporary factors
  • * Free cash flow maintenance and conversion rate - ensuring the 29.1% FCF margin holds as the business scales
  • * Debt/equity ratio and capital allocation - monitoring whether management deploys leverage opportunistically or maintains conservative posture

Workday, Inc. (WDAY) Financial Metrics & Key Ratios

Revenue
$9.6B
Net Income
$693.0M
EPS (Diluted)
$2.59
Free Cash Flow
$2.8B
Total Assets
$18.1B
Cash Position
$1.5B

💡 AI Analyst Insight

The 29.1% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments.

WDAY Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 7.5%
Net Margin 7.3%
ROE 8.9%
ROA 3.8%
FCF Margin 29.1%

WDAY vs Technology Sector: How Workday, Inc. Compares

How Workday, Inc. compares to Technology sector averages

Net Margin
WDAY 7.3%
vs
Sector Avg 18.0%
WDAY Sector
ROE
WDAY 8.9%
vs
Sector Avg 22.0%
WDAY Sector
Current Ratio
WDAY 1.3x
vs
Sector Avg 2.5x
WDAY Sector
Debt/Equity
WDAY 0.4x
vs
Sector Avg 0.5x
WDAY Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Workday, Inc. Stock Overvalued? WDAY Valuation Analysis 2026

Based on fundamental analysis, Workday, Inc. shows some fundamental concerns relative to the Technology sector in 2026.

Return on Equity
8.9%
Sector avg: 22%
Net Profit Margin
7.3%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.38x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Workday, Inc. Balance Sheet: WDAY Debt, Cash & Liquidity

Current Ratio
1.32x
Quick Ratio
1.32x
Debt/Equity
0.38x
Debt/Assets
56.8%
Interest Coverage
6.32x
Long-term Debt
$3.0B

WDAY Revenue & Earnings Growth: 5-Year Financial Trend

WDAY 5-year financial data: Year 2022: Revenue $5.1B, Net Income -$480.7M, EPS $-2.12. Year 2023: Revenue $6.2B, Net Income -$282.4M, EPS $-1.19. Year 2024: Revenue $7.3B, Net Income $29.0M, EPS $0.12. Year 2025: Revenue $8.4B, Net Income -$367.0M, EPS $-1.44. Year 2026: Revenue $9.6B, Net Income $1.4B, EPS $5.21.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Workday, Inc.'s revenue has grown significantly by 86% over the 5-year period, indicating strong business expansion. The most recent EPS of $5.21 reflects profitable operations.

WDAY Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
29.1%
Free cash flow / Revenue

WDAY Quarterly Earnings & Performance

Quarterly financial performance data for Workday, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $1.9B $114.0M $0.43
Q2 2025 $1.8B $79.0M $0.30
Q1 2025 $1.7B N/A $0.00
Q3 2024 $1.6B -$74.7M $-0.29
Q2 2024 $1.5B -$64.2M $-0.25
Q1 2024 $1.4B $136.0K $0.00
Q3 2023 $1.3B $43.4M $0.17
Q2 2023 $1.3B $59.2M $0.23

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Workday, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$2.9B
Cash generated from operations
Stock Buybacks
$2.9B
Shares repurchased (TTM)
Capital Expenditures
$162.0M
Investment in assets
Dividends
None
No dividend program

WDAY SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Workday, Inc. (CIK: 0001327811)

📋 Recent SEC Filings

Date Form Document Action
Apr 14, 2026 4 xslF345X06/wk-form4_1776198089.xml View →
Apr 13, 2026 4 xslF345X06/wk-form4_1776116308.xml View →
Apr 7, 2026 4 xslF345X06/wk-form4_1775602061.xml View →
Apr 7, 2026 4 xslF345X06/wk-form4_1775601953.xml View →
Apr 7, 2026 4 xslF345X06/wk-form4_1775601855.xml View →

Frequently Asked Questions about WDAY

What is the AI rating for WDAY?

Workday, Inc. (WDAY) has an AI rating of BUY with 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are WDAY's key strengths?

Claude: Strong profitability acceleration - net income growing 31.7% YoY significantly outpacing 13.1% revenue growth indicates improving operational leverage. Exceptional free cash flow generation - $2.8B FCF with 29.1% FCF margin provides financial flexibility and validates underlying business quality beyond reported earnings.

What are the risks of investing in WDAY?

Claude: Low reported profitability margins - 7.5% operating margin and 7.3% net margin are modest for a mature enterprise SaaS company, raising questions about cost structure. Weak capital efficiency - ROE of 8.9% and ROA of 3.8% suggest sub-optimal returns on deployed capital relative to growth rate.

What is WDAY's revenue and growth?

Workday, Inc. reported revenue of $9.6B.

Does WDAY pay dividends?

Workday, Inc. does not currently pay dividends.

Where can I find WDAY SEC filings?

Official SEC filings for Workday, Inc. (CIK: 0001327811) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is WDAY's EPS?

Workday, Inc. has a diluted EPS of $2.59.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is WDAY a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Workday, Inc. has a BUY rating with 78% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is WDAY stock overvalued or undervalued?

Valuation metrics for WDAY: ROE of 8.9% (sector avg: 22%), net margin of 7.3% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

Should I buy WDAY stock in 2026?

Our dual AI analysis gives Workday, Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is WDAY's free cash flow?

Workday, Inc.'s operating cash flow is $2.9B, with capital expenditures of $162.0M. FCF margin is 29.1%.

How does WDAY compare to other Technology stocks?

Vs Technology sector averages: Net margin 7.3% (avg: 18%), ROE 8.9% (avg: 22%), current ratio 1.32 (avg: 2.5).

Top Rated Stocks
NSSC 92% MLI 92% MELI 92% MDXG 92% MANH 92% INVA 92% GGG 92% GCT 92% FTNT 92% FSLR 92%
Sector: All Technology Stocks →
Browse: Buy Stocks
Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 19, 2026 | Data as of: 2026-01-31 | Powered by Claude AI