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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY272026-07-31 | Q1 FY272026-04-30 | Q4 FY262026-01-31 | Q3 FY262025-10-31 | Q2 FY262025-07-31 | Q1 FY262025-04-30 | Q4 FY252025-01-31 | Q3 FY252024-10-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.65B | $2.54B | $2.53B | $2.43B | $2.35B | $2.24B | $2.21B | $2.16B |
| Cost of revenue | $652.00M | $604.00M | $611.00M | $591.00M | $582.00M | $537.00M | $539.00M | $530.00M |
| Gross profit | $2.00B | $1.94B | $1.92B | $1.84B | $1.77B | $1.70B | $1.67B | $1.63B |
| Gross margin | 75.4% | 76.2% | 75.9% | 75.7% | 75.2% | 76.0% | 75.6% | 75.5% |
| Research and development | $747.00M | $705.00M | $691.00M | $666.00M | $660.00M | $663.00M | $674.00M | $647.00M |
| Selling, general and administrative | $937.00M | $895.00M | $925.00M | $911.00M | $857.00M | $835.00M | $848.00M | $818.00M |
| Operating expenses | $1.68B | $1.60B | $1.75B | $1.58B | $1.52B | $1.66B | $1.60B | $1.47B |
| Operating income | $313.00M | $338.00M | $174.00M | $259.00M | $248.00M | $39.00M | $75.00M | $165.00M |
| Operating margin | 11.8% | 13.3% | 6.9% | 10.6% | 10.6% | 1.7% | 3.4% | 7.6% |
| EBITDA | $325.00M | $509.00M | $479.00M | $424.00M | $262.00M | $357.00M | $307.00M | $310.00M |
| Interest income | $40.00M | $0 | $0 | — | $88.00M | $0 | $0 | — |
| Interest expense | −$28.00M | $0 | $0 | — | −$29.00M | $0 | $0 | — |
| Income before taxes | $327.00M | $355.00M | $264.00M | $338.00M | $304.00M | $103.00M | $120.00M | $227.00M |
| Income taxes | −$305.00M | $133.00M | $119.00M | $86.00M | $76.00M | $35.00M | $26.00M | $34.00M |
| Net income | $632.00M | $222.00M | $145.00M | $252.00M | $228.00M | $68.00M | $94.00M | $193.00M |
| Net margin | 23.9% | 8.7% | 5.7% | 10.4% | 9.7% | 3.0% | 4.3% | 8.9% |
| EPS, basic | $2.58 | $0.87 | $0.56 | $0.95 | $0.86 | $0.25 | $0.35 | $0.73 |
| EPS, diluted | $2.57 | $0.87 | $0.55 | $0.94 | $0.84 | $0.25 | $0.35 | $0.72 |
| Diluted shares | 246.31M | 254.31M | 263.36M | 268.63M | 270.18M | 270.30M | 270.02M | 268.55M |
Figures describe Workday shares, not any token. As of Aug 27, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.