Filing Flows › Workday (WDAY) › Q1 FY27
Workday (WDAY) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed May 22, 2026
Workday (WDAY) reported revenue of $2.5B for the first quarter fiscal 2027 (Q1 FY27), +13% from a year earlier and +0.4% from the quarter before. Operating margin was 13.3%, net earnings $222M (8.7% of revenue).
Workday, Q1 FY27: revenue $2.5B (+14% year over year), operating margin 13.3%, net earnings $222M, operating cash flow $696M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.5B | +0.4% | +13% |
| Operating profit | $338M | +94% | +767% |
| Net earnings | $222M | +53% | +226% |
| Operating cash flow | $696M | -46% | +52% |
| Free cash flow | $616M | -49% | +46% |
What changed
Revenue was $2.5B in Q1 FY27, up 13% year over year and roughly flat from the previous quarter. Subscription services was the largest line at 93% of revenue. Subscription services added $0.29B year over year (up 14%), 98% of the total change.
Operating profit was $0.34B, a 13.3% margin (up 11.6 points year over year). Of the extra revenue versus Q1 FY26, 99% reached operating profit, above the 2% margin then. Total costs grew 0% against revenue growth of 13%. Net earnings were $0.22B, up 226% year over year. The effective tax rate was 37.5%.
Operating cash flow was $0.70B (up 52% year over year), 314% of net earnings. Non-cash charges added back $0.09B of depreciation and amortization and $0.41B of share-based compensation. Capital expenditures of $0.08B left free cash flow of $0.62B.
Questions
What was Workday's revenue in the first quarter fiscal 2027?
Workday (WDAY) reported revenue of $2.5B for the first quarter fiscal 2027 (Q1 FY27), +13% from a year earlier and +0.4% from the quarter before.
Was Workday profitable in the first quarter fiscal 2027?
Operating profit was $338M (13.3% of revenue) and net earnings $222M.
Source: Workday 10-Q on SEC EDGAR.