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Automatic Data Processing vs Workday: ADP and WDAY compared
Automatic Data Processing is the larger company: $5.5B of revenue in its latest quarter (Q1 FY27) against $2.6B for Workday (Q2 FY27). Workday is growing faster (+13% against +6% a year earlier). Automatic Data Processing is more profitable, with an operating margin of 23.9% against 11.8%.
Where the money goes: ADP and WDAY
Automatic Data Processing (ADP) · Q1 FY27
Automatic Data Processing, Q1 FY27: revenue $5.5B (+6% year over year), operating margin 23.9%, net earnings $1.1B, operating cash flow $651M. The chart follows the revenue to costs, profit and cash.
Workday (WDAY) · Q2 FY27
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.
| Automatic Data Processing (ADP) | Workday (WDAY) | |
|---|---|---|
| Latest quarter | Q1 FY27 | Q2 FY27 |
| Revenue | $5.5B | $2.6B |
| Revenue growth, Y/Y | +6% | +13% |
| Operating margin | 23.9% | 11.8% |
| Net earnings | $1.1B | $632M |
| Net margin | 20.5% | 23.9% |
| Operating cash flow | $651M | $519M |
| Free cash flow | $598M | $460M |
| Market value | $120.6B | $47.5B |
| P/E | 26.9× | 38.0× |
| Analysts’ mean target | $297.93 | $209.25 |
Where the revenue comes from
Automatic Data Processing
- HCM: $2.3B (41%)
- PEO zero-margin benefits pass-throughs: $1.2B (22%)
- HRO, excluding PEO zero-margin benefits pass-throughs: $953M (17%)
- Global: $724M (13%)
Workday
- Subscription services: $2.5B (93%)
- Professional Services: $178M (7%)
Questions
Which is bigger, Automatic Data Processing or Workday?
Automatic Data Processing is the larger company: $5.5B of revenue in its latest quarter (Q1 FY27) against $2.6B for Workday (Q2 FY27).
Is Automatic Data Processing or Workday growing faster?
Workday is growing faster (+13% against +6% a year earlier).
Which is more profitable, Automatic Data Processing or Workday?
Automatic Data Processing is more profitable, with an operating margin of 23.9% against 11.8%.
More: Automatic Data Processing earnings · how Automatic Data Processing makes money · Workday earnings · how Workday makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 30, 2026; 10-Q filed Aug 27, 2026). Fiscal quarters can end on different dates. Not investment advice.