Net Profit Margin
since 2013
Calculation
Workday Inc., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income (loss)1 | ÷ | Revenues1 | |
|---|---|---|---|---|---|---|---|
| Jan 31, 2025 | 6.23% | = | 100 | × | 526) | ÷ | 8,446) |
| Jan 31, 2024 | 19.02% | = | 100 | × | 1,381) | ÷ | 7,259) |
| Jan 31, 2023 | -5.90% | = | 100 | × | (367) | ÷ | 6,216) |
| Jan 31, 2022 | 0.57% | = | 100 | × | 29) | ÷ | 5,139) |
| Jan 31, 2021 | -6.54% | = | 100 | × | (282) | ÷ | 4,318) |
| Jan 31, 2020 | -13.25% | = | 100 | × | (481) | ÷ | 3,627) |
| Jan 31, 2019 | -14.82% | = | 100 | × | (418) | ÷ | 2,822) |
| Jan 31, 2018 | -14.99% | = | 100 | × | (321) | ÷ | 2,143) |
| Jan 31, 2017 | -26.01% | = | 100 | × | (408) | ÷ | 1,569) |
| Jan 31, 2016 | -24.94% | = | 100 | × | (290) | ÷ | 1,162) |
| Jan 31, 2015 | -31.48% | = | 100 | × | (248) | ÷ | 788) |
| Jan 31, 2014 | -36.79% | = | 100 | × | (173) | ÷ | 469) |
| Jan 31, 2013 | -43.55% | = | 100 | × | (119) | ÷ | 274) |
Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-01-31).
1 US$ in millions
- Revenues
- The revenue figures show a consistent and significant upward trend over the analyzed period. Starting at $274 million in early 2013, revenues increased steadily each year, reaching $8.446 billion by early 2025. This represents a strong growth trajectory with no apparent periods of revenue decline, indicating successful expansion or increased market demand.
- Net Income (Loss)
- Net income figures display considerable volatility throughout the period. Initially, the company reported consistent net losses, with the loss deepening from -$119 million in early 2013 to -$481 million by early 2020. Notably, the losses began to shrink after 2020, culminating in a net income of $29 million in early 2022, marking the first profitability in the series. Following this positive shift, the net income again fluctuated, with a loss of -$367 million in early 2023 but subsequently turned positive with $1.381 billion in early 2024 and $526 million in early 2025. This pattern suggests challenges in sustaining profitability despite increasing revenues, though recent years indicate a considerable improvement in financial performance.
- Net Profit Margin
- The net profit margin mirrors the net income trends. Margins were negative throughout the initial years, improving from -43.55% in early 2013 to a less negative -13.25% in early 2020, indicating reduced losses relative to revenue growth. The margin briefly turned positive at 0.57% in early 2022, aligning with the first positive net income in the series. However, it reverted to a negative -5.9% in early 2023 before substantially increasing to 19.02% in early 2024 and settling at 6.23% in early 2025. The substantial margin improvement in 2024 indicates enhanced profitability and operational efficiency, possibly due to better cost control or higher revenue quality.
- Performance Summary
- Overall, the data reflects a company experiencing rapid growth in revenue but facing challenges in achieving consistent profitability for much of the analyzed period. The recent transition to sustained positive net income and improved profit margins signals a potentially successful turnaround or maturation phase. Despite the volatility in net income and margins, the positive trends starting in 2022 suggest strengthened financial health and improved earnings quality moving forward.
Comparison to Competitors
Workday Inc., net profit margin, long-term trends, comparison to competitors
| Workday Inc. | Accenture PLC | Adobe Inc. | Cadence Design Systems Inc. | CrowdStrike Holdings Inc. | Fair Isaac Corp. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palantir Technologies Inc. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jan 31, 2025 | 6.23% | — | — | — | -0.49% | — | — | — | — | 21.68% | — | — | 16.35% | — | — |
| Jan 31, 2024 | 19.02% | 11.19% | 25.85% | 22.74% | 2.92% | 29.86% | 9.60% | 18.19% | 35.96% | 19.76% | 16.13% | 32.11% | 11.87% | 12.97% | 36.94% |
| Jan 31, 2023 | -5.90% | 10.72% | 27.97% | 25.46% | -8.18% | 28.37% | 12.13% | 16.59% | 34.15% | 17.02% | 9.43% | 6.38% | 0.66% | 19.30% | 21.05% |
| Jan 31, 2022 | 0.57% | 11.17% | 27.01% | 23.84% | -16.18% | 27.12% | 2.71% | 16.23% | 36.69% | 15.83% | -19.61% | -4.85% | 5.45% | 4.49% | 19.38% |
| Jan 31, 2021 | -6.54% | 11.69% | 30.55% | 23.29% | -10.59% | 29.78% | 10.01% | 21.41% | 36.45% | 33.96% | -33.75% | -11.72% | 19.16% | 3.90% | 18.02% |
| Jan 31, 2020 | -13.25% | 11.52% | 40.88% | 22.02% | -29.45% | 18.26% | 7.59% | 23.78% | 30.96% | 25.94% | -106.75% | -7.83% | 0.74% | 2.62% | 18.03% |
| Jan 31, 2019 | -14.82% | 11.06% | 26.42% | 42.33% | — | 16.56% | 12.22% | 22.95% | 31.18% | 28.05% | — | -2.82% | 8.36% | 18.11% | 15.84% |
| Jan 31, 2018 | -14.99% | 9.76% | 28.69% | 16.17% | — | 13.79% | 10.97% | 20.31% | 15.02% | 9.60% | — | -6.51% | 1.22% | -1.02% | 13.86% |
| Jan 31, 2017 | -26.01% | 9.37% | 23.20% | 10.50% | — | 13.76% | 7.27% | 18.76% | 23.57% | 24.74% | — | -12.30% | 2.14% | -7.71% | 5.01% |
| Jan 31, 2016 | -24.94% | 11.82% | 19.96% | 11.18% | — | 12.42% | 14.86% | 20.86% | 19.69% | 24.03% | — | -16.39% | -0.71% | -32.49% | 11.01% |
| Jan 31, 2015 | -31.48% | 9.28% | 13.13% | 14.83% | — | 10.31% | 16.14% | 8.71% | 13.03% | 26.00% | — | -17.78% | -4.89% | -19.73% | 10.08% |
| Jan 31, 2014 | -36.79% | 9.23% | 6.47% | 10.05% | — | 12.03% | 12.96% | 20.13% | 25.42% | 28.62% | — | -37.86% | -5.70% | -26.28% | 12.59% |
| Jan 31, 2013 | -43.55% | 10.80% | 7.15% | 11.25% | — | 12.12% | 16.52% | 20.57% | 28.08% | 29.38% | — | -7.38% | -8.87% | -17.36% | 12.63% |
Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-01-31).
Comparison to Sector (Software & Services)
Workday Inc., net profit margin, long-term trends, comparison to sector (software & services)
| Workday Inc. | Software & Services | |
|---|---|---|
| Jan 31, 2025 | 6.23% | — |
| Jan 31, 2024 | 19.02% | 24.73% |
| Jan 31, 2023 | -5.90% | 21.95% |
| Jan 31, 2022 | 0.57% | 21.72% |
| Jan 31, 2021 | -6.54% | 25.30% |
| Jan 31, 2020 | -13.25% | 20.05% |
| Jan 31, 2019 | -14.82% | 21.62% |
| Jan 31, 2018 | -14.99% | 12.10% |
| Jan 31, 2017 | -26.01% | 15.36% |
| Jan 31, 2016 | -24.94% | 16.48% |
| Jan 31, 2015 | -31.48% | 14.56% |
| Jan 31, 2014 | -36.79% | 18.19% |
| Jan 31, 2013 | -43.55% | 20.52% |
Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-01-31).
Comparison to Industry (Information Technology)
Workday Inc., net profit margin, long-term trends, comparison to industry (information technology)
| Workday Inc. | Information Technology | |
|---|---|---|
| Jan 31, 2025 | 6.23% | — |
| Jan 31, 2024 | 19.02% | 20.64% |
| Jan 31, 2023 | -5.90% | 20.39% |
| Jan 31, 2022 | 0.57% | 22.45% |
| Jan 31, 2021 | -6.54% | 23.62% |
| Jan 31, 2020 | -13.25% | 19.67% |
| Jan 31, 2019 | -14.82% | 19.85% |
| Jan 31, 2018 | -14.99% | 18.57% |
| Jan 31, 2017 | -26.01% | 17.85% |
| Jan 31, 2016 | -24.94% | 17.79% |
| Jan 31, 2015 | -31.48% | 18.37% |
| Jan 31, 2014 | -36.79% | 19.38% |
| Jan 31, 2013 | -43.55% | 20.20% |
Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-01-31).