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Workday Inc. (NASDAQ: WDAY)

Software - Application ยท Pleasanton, CA, United States ยท Founded 2005

$65.0B
Market Cap
$2.14B
Revenue
18,800
Employees
$0.69B
Net Income
๐Ÿ“Š Key Statistics for Workday Inc. (WDAY)
  • Market capitalization: $65.0 billion
  • Annual revenue: $2.14 billion
  • Net income: $0.69 billion
  • Employees: 18,800
  • Sector: Technology
  • Headquarters: Pleasanton, United States
  • Founded: 2005

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๐Ÿ“‹ About Workday Inc.

Workday is a cloud-based enterprise software company providing human capital management (HCM) and financial management applications. Over 10,000 organizations โ€” including 50%+ of the Fortune 500 โ€” run their HR and finance operations on Workday. It's the modern replacement for Oracle and SAP's on-premises HR systems.

๐Ÿ’ฐ How Workday Inc. Makes Money

Subscription revenue from cloud HCM and financial management software. Customers pay annually based on employee count. Implementation services provide additional revenue. The land-and-expand model starts with HR (easier to sell) then cross-sells financial planning, analytics, and procurement modules.

๐Ÿ“œ Key Milestones

Founded in 2005 by Dave Duffield and Aneel Bhusri โ€” both former PeopleSoft executives who started Workday after Oracle's hostile takeover of PeopleSoft. The company went public in 2012 and has grown to over $7 billion in annual revenue. The founding story is essentially revenge against Larry Ellison, executed brilliantly.

๐Ÿ“Š Financial Overview
Market Capitalization$65.0B
Annual Revenue$2.14B
Net Income$0.69B
Profit Margin32%
Revenue per Employee$113830K
Stock ExchangeNASDAQ
Ticker SymbolWDAY

Financial data is approximate and based on most recent annual filings.

๐Ÿ’ก Did You Know?

Workday's customer retention rate exceeds 95% โ€” once a company migrates HR and finance to Workday, they almost never leave. The platform manages payroll, benefits, talent, and workforce planning for over 65 million workers globally. The company's AI features now predict employee flight risk and optimize workforce planning.

๐Ÿ“ Analyst Take

Workday owns enterprise HR in the cloud. The switching costs are enormous (migrating HR systems is a multi-year nightmare), creating a durable moat. Growth is decelerating as the Fortune 500 penetration matures, but the financial management cross-sell and international expansion provide runway. Valuation assumes continued execution.

โ“ Frequently Asked Questions

What is Workday Inc.'s revenue?

Workday Inc. generates approximately $2.14 billion in annual revenue.

How many employees does Workday Inc. have?

Workday Inc. employs approximately 18,800 people worldwide.

What is Workday Inc.'s market cap?

Workday Inc. (WDAY) has a market capitalization of approximately $65.0 billion on the NASDAQ.

When was Workday Inc. founded?

Workday Inc. was founded in 2005 and is headquartered in Pleasanton, CA, United States.

Who is the CEO of Workday Inc.?

Carl Eschenbach is the current CEO of Workday Inc..

What is Workday Inc.'s website?

Workday Inc.'s official website is workday.com.