Filing Flows › Workday (WDAY) › Q4 FY26
Workday (WDAY) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Mar 6, 2026
Workday (WDAY) reported revenue of $2.5B for the fourth quarter fiscal 2026 (Q4 FY26), +15% from a year earlier and +4% from the quarter before. Operating margin was 6.9%, net earnings $145M (5.7% of revenue).
Workday, Q4 FY26: revenue $2.5B (+14% year over year), operating margin 6.9%, net earnings $145M, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.5B | +4% | +15% |
| Operating profit | $174M | -33% | +132% |
| Net earnings | $145M | -42% | +54% |
| Operating cash flow | $1.3B | +117% | +15% |
| Free cash flow | $1.2B | +121% | +19% |
What changed
Revenue was $2.5B in Q4 FY26, up 15% year over year and up 4% from the previous quarter. Subscription services was the largest line at 93% of revenue.
Operating profit was $0.17B, a 6.9% margin (up 3.5 points year over year). Of the extra revenue versus Q4 FY25, 31% reached operating profit, above the 3% margin then. Total costs grew 10% against revenue growth of 15%. The fastest-growing cost line was Other operating costs (+21%). Net earnings were $0.14B, up 54% year over year. The effective tax rate was 45.1%. Non-operating items added $0.09B, 34% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $1.3B (up 15% year over year), 881% of net earnings. Non-cash charges added back $0.06B of depreciation and $0.40B of share-based compensation. Working capital and other items added $0.68B. Capital expenditures of $0.06B left free cash flow of $1.2B.
Questions
What was Workday's revenue in the fourth quarter fiscal 2026?
Workday (WDAY) reported revenue of $2.5B for the fourth quarter fiscal 2026 (Q4 FY26), +15% from a year earlier and +4% from the quarter before.
Was Workday profitable in the fourth quarter fiscal 2026?
Operating profit was $174M (6.9% of revenue) and net earnings $145M.
Source: Workday 10-K on SEC EDGAR.