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Workday (WDAY) operating margin by quarter

Workday's operating margin was 11.8% in Q2 FY27 (second quarter fiscal 2027), -1.5 pts from Q1 FY27. Over the last 7 quarters it ranged from 1.7% (Q1 FY26) to 13.3% (Q1 FY27).

Workday operating margin by quarterWorkday operating margin by quarter3.4%Q4 FY251.7%Q1 FY2610.6%Q2 FY2610.6%Q3 FY266.9%Q4 FY2613.3%Q1 FY2711.8%Q2 FY27
QuarterOperating marginQ/QY/Y
Q2 FY2711.8%-1.5 pts+1.3 pts
Q1 FY2713.3%+6.4 pts+11.6 pts
Q4 FY266.9%-3.8 pts+3.5 pts
Q3 FY2610.6%+0.1 pts—
Q2 FY2610.6%+8.8 pts—
Q1 FY261.7%-1.7 pts—
Q4 FY253.4%——

Q2 FY27 at a glance

Workday, Q2 FY27: revenue $2.6B (+13% year over year), operating margin 11.8%, net earnings $632M, operating cash flow $519M. The chart follows the revenue to costs, profit and cash.

Questions

What is Workday's operating margin?

Workday's operating margin was 11.8% in Q2 FY27 (second quarter fiscal 2027), -1.5 pts from Q1 FY27.

How has Workday's operating margin changed?

Over the last 7 quarters it ranged from 1.7% (Q1 FY26) to 13.3% (Q1 FY27).

Q2 FY27 results → · How Workday makes money →