Workday Q2 FY26: where the revenue came from and where it went
The whole income statement of Workday for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- May 1 – Jul 31, 2025
- Reported
- Aug 22, 2025
Revenue$2.35B
+13% year over year
Gross profit$1.77B
75% margin
Operating profit$0.25B
11% margin
Net profit$0.23B
10% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2.35 | 100% | +13% |
| Subscription services | 2.17 | 92% | +14% |
| Professional services | 0.18 | 8% | −2% |
| Cost of revenue | −0.58 | 25% | |
| Gross profit | 1.77 | 75% margin | +0pp |
| R&D | −0.66 | 28% | −3pp |
| Sales & marketing | −0.64 | 28% | −2pp |
| G&A | −0.22 | 9% | +0pp |
| Operating profit | 0.25 | 11% margin | +5pp |
| Other income, net | 0.06 | ||
| Tax | −0.08 | ||
| Net profit | 0.23 | 10% margin | +3pp |
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