Filing Flows › Workday (WDAY) › Q1 FY27 › vs Q1 FY26
Workday (WDAY) Q1 FY27 vs Q1 FY26 (year over year)
Workday's revenue rose $302M (+13%) from $2.2B in Q1 FY26 to $2.5B in Q1 FY27. The biggest changes: Subscription services +$295M (+14%); Professional Services +$7.0M (+4%). Operating margin 13.3% against 1.7% (+11.6 pts).
Workday, Q1 FY27: revenue $2.5B (+14% year over year), operating margin 13.3%, net earnings $222M, operating cash flow $696M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Operating margin | 13.3% | 1.7% | +11.6 pts |
| Net margin | 8.7% | 3.0% | +5.7 pts |
| Free cash flow margin | 24.2% | 18.8% | +5.4 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Subscription services | $2.4B | $2.1B | $295M | +14% |
| Professional Services | $188M | $181M | $7.0M | +4% |
| Revenue | $2.5B | $2.2B | $302M | +13% |
| Other income, net | $17.0M | $64.0M | −$47.0M | -73% |
| Operating profit | $338M | $39.0M | $299M | +767% |
| Costs & expenses | $2.2B | $2.2B | $3.0M | +0.1% |
| Pre-tax earnings | $355M | $103M | $252M | +245% |
| Research & development | $705M | $663M | $42.0M | +6% |
| Sales & marketing | $679M | $623M | $56.0M | +9% |
| General & admin | $216M | $212M | $4.0M | +2% |
| Other operating costs | $604M | $703M | −$99.0M | -14% |
| Net earnings | $222M | $68.0M | $154M | +226% |
| Income tax | $133M | $35.0M | $98.0M | +280% |
| Depreciation & amortization | $91.0M | $83.0M | $8.0M | +10% |
| Share-based compensation | $409M | $459M | −$50.0M | -11% |
| Working capital & other | $26.0M | $153M | −$127M | -83% |
| Operating cash flow | $696M | $457M | $239M | +52% |
| Free cash flow (OCF − capex) | $616M | $421M | $195M | +46% |
| Capital expenditures | $80.0M | $36.0M | $44.0M | +122% |
Questions
How much did Workday's revenue grow year over year in Q1 FY27?
Workday's revenue rose $302M (+13%) from $2.2B in Q1 FY26 to $2.5B in Q1 FY27.
What drove Workday's revenue change in Q1 FY27?
Subscription services +$295M (+14%); Professional Services +$7.0M (+4%).