Workday (XSWX:WDAY) Operating Income: CHF1,155 Mil (TTM As of Apr. 2026)


XSWX:WDAY Workday Inc XSWX:WDAY
70 GF Score
Price CHF106.52
GF Value CHF242.94
! 3 Warning Signs
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What is Workday Operating Income?

Workday XSWX:WDAY 70 Operating Income is CHF1,155 Mil as of Apr. 2026. GuruFocus rates XSWX:WDAY with a GF Score™ of 70/100 and a GF Value™ of CHF242.94. The stock has 3 warning signs investors should review.

Workday's Operating Income for the three months ended in Apr. 2026 was CHF338 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was CHF1,155 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Workday's Operating Income for the three months ended in Apr. 2026 was CHF338 Mil. Workday's Revenue for the three months ended in Apr. 2026 was CHF2,542 Mil. Therefore, Workday's Operating Margin % for the quarter that ended in Apr. 2026 was 13.30%.

Workday's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Workday's annualized ROC % for the quarter that ended in Apr. 2026 was 5.47%. Workday's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 74.31%.

Workday  (XSWX:WDAY) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Workday's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=1352 * ( 1 - 37.46% )/( (15427 + 15461)/ 2 )
=845.5408/15444
=5.47 %

where

Invested Capital(Q: Jan. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=18074 - 596 - ( 5443 - max(0, 6378 - 8429+5443))
=15427

Invested Capital(Q: Apr. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=16091 - 573 - ( 4353 - max(0, 6535 - 6592+4353))
=15461

Note: The Operating Income data used here is four times the quarterly (Apr. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Workday's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1352/( ( (1812 + max(-3262, 0)) + (1827 + max(-3167, 0)) )/ 2 )
=1352/( ( 1812 + 1827 )/ 2 )
=1352/1819.5
=74.31 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2332 + 0 + 654) - (596 + 5010 + 642)
=-3262

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1575 + 0 + 664) - (573 + 4325 + 508)
=-3167

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Workday's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=338/2542
=13.30 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.

Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.

Workday Operating Income Related Terms

Workday Operating Income Historical Data

* Premium members only.

The historical data trend for Workday's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Workday Operating Income Chart

Workday Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -116.00 -182.00 183.00 499.00 1,024.00

Workday Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 205.00 249.00 264.00 304.00 338.00
XSWX:WDAY
70GF Score
Workday Inc XSWX:WDAY
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Workday Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF1,155 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of CHF1,155 Mil mean?
Workday (XSWX:WDAY) has a Operating Income of CHF1,155 Mil as of Apr. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Workday and its competitors.
Is Workday's Operating Income too high?
Workday's current Operating Income is CHF1,155 Mil. Overall, Workday has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Workday's Operating Income compare to ?
Workday's Operating Income of CHF1,155 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Software company?
A good Operating Income depends on the Software industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Workday and its competitors. Workday's current Operating Income is CHF1,155 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Workday stock overvalued right now?
Workday (XSWX:WDAY) has a current Operating Income of CHF1,155 Mil. The stock's GF Value™ is CHF242.94, compared to a current price of CHF106.52 — trading 56.2% below its estimated fair value. The current Operating Income is CHF1,155 Mil. Workday's overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Workday (XSWX:WDAY), the current Operating Income is CHF1,155 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Workday (XSWX:WDAY) Overvalued in 2026?

Based on GuruFocus' analysis, Workday stock appears to be undervalued. The current stock price of CHF106.52 is trading 56.2% below its estimated GF Value™ of CHF242.94.

Key valuation signals for XSWX:WDAY:

  • Operating Income: CHF1,155 Mil
  • GF Value™: CHF242.94 vs. price of CHF106.52 (56.2% below fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the XSWX:WDAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Workday Business Description

Comparable Companies
Address 6110 Stoneridge Mall Road, Pleasanton, CA, USA, 94588
Workday is a software company that offers human capital management, financial management, and business planning solutions for enterprises. Known for being a cloud-only software provider, Workday was founded in 2005 and is headquartered in Pleasanton, California.
70GF Score

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Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF106.52
Price
CHF242.94
GF Value