Workday, Inc. (WDAY)财务
NASDAQ · Technology · Software - Application · 员工20,896人 · CEO Aneel Bhusri
- 股价
- $197.82 +1.21%
- 市值
- $477亿
- 企业价值
- $508亿
- 最近财报
- Q2 '27 2026-08-27提交
- 下次财报
- 2026-12-01 EPS预期 $2.75
营收(TTM)$102亿+13.4% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)12.0%+6.1 百分点 对比去年同期营业利润 $12.2亿
净利润(TTM)$12.5亿+114.6% 对比去年同期税后,含营业外收益
自由现金流(TTM)$28.4亿+18.9% 对比去年同期资本支出 $2.38亿
稀释EPS(TTM)$4.93+128.2% 对比去年同期最近4个季度之和
净现金-$3.69亿-108.4% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $477亿 EV $508亿
- 营收
- $102亿 过去12个月
- 营收增速
- +12% FY2027年一致预期
- 净利润率
- 12.3% 净利润 / 营收,TTM
- P/E
- 40.0× 预期 17.8×(FY2027)
- P/S
- 4.7× 股价 / 营收,TTM
- EV / EBITDA
- 30.4× TTM
- 自由现金流
- $28.4亿 过去12个月
- 净利润
- $12.5亿 过去12个月
- 营收预期
- $107亿 FY2027年一致预期
- 盈利
- 2026-12-01 营收预期 $26.9亿
- 股息
- – 无股息
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-08-27):营收符合预期,EPS 超预期5.4%营收$26.5亿,预期$26.4亿(+0.5%);EPS $2.75,预期$2.61(+5.4%)。
- 营收增长平稳:同比12.9%Q2 '27营收$26.5亿,此前四个季度的平均值为13.3%。
- 营业利润率12.0%(TTM),较去年同期+6.1 百分点营收增长13.4%,营业利润增长131.1%。
- 资本支出占营收的2.3%(去年为2.2%)最近4个季度投入$2.38亿(同比+19.6%)。自由现金流$28.4亿,相当于净利润的227.3%。
- 股东回报$52.3亿 = 自由现金流的183.9%回购$52.3亿(去年为$8.5亿),股息$0,股权激励$16.5亿(TTM)。 超过自由现金流:由现金储备或举债支付。
- 稀释股数一年内减少7.4%Q2 '27稀释股数2.5亿,一年前为2.7亿。
- 净债务 $3.69亿现金 + 短期投资 $34亿,含租赁债务 $37.7亿;一年前净现金 $44.1亿。
上一季度:Q2 '27
截至2026-07-31的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q2 '27 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $26.5亿 | $23.5亿 | +12.9% |
| 毛利率 | 75.4% | 75.2% | +0.2 百分点 |
| 营业利润 | $3.17亿 | $2.48亿 | +27.8% |
| 营业利润率 | 12.0% | 10.6% | +1.4 百分点 |
| 净利润 | $6.32亿 | $2.28亿 | +177.2% |
| 稀释EPS | $2.57 | $0.84 | +206.0% |
| 经营现金流 | $5.2亿 | $6.16亿 | -15.6% |
| 资本支出 | $6000万 | $2800万 | +114.3% |
| 自由现金流 | $4.6亿 | $5.88亿 | -21.8% |
| R&D | $7.47亿 | $6.6亿 | +13.2% |
| 股权激励费用 | $4.62亿 | $3.92亿 | +17.9% |
实际 vs 一致预期
2026-08-27| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $26.5亿 | $26.4亿 | +0.5% |
| EPS(一致预期口径) | $2.75 | $2.61 | +5.4% |
来自2026-08-27发布的Q2 '27财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q2 '27 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Subscription Services | $24.7亿 | +13.9% | 93.3% | $94.3亿 | +14.6% | |
| Professional Services | $1.78亿 | -0.6% | 6.7% | $7.25亿 | -0.8% |
按地区划分的营收
占总额比例| 分部 | Q2 '27 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| United States | $19.7亿 | +11.5% | 74.3% | $75.9亿 | +12.9% | |
| Non-US | $6.82亿 | +16.8% | 25.7% | $25.6亿 | +14.7% |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $30.8亿
- 资本支出
- -$2.38亿
- 股票回购
- -$52.3亿
- 股息
- $0
- 收购
- -$20.8亿
- 债务净发行
- $0
- 股权激励费用
- $16.5亿
- 自由现金流
- $28.4亿
- 股东回报 / FCF
- 183.9%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 40.0× | 590.9× 5年中的4年 | 55.1× – 2,108.4× |
| EV / EBITDA | 30.4× | 120.6× | 35.6× – 230.9× |
| EV / 营收 | 5.0× | 8.8× | 5.0× – 12.3× |
| 股价 / FCF | 16.8× | 33.8× | 16.5× – 45.4× |
| 股价 / 净资产 | 7.6× | 9.0× | 5.9× – 13.8× |
| FCF收益率 | 6.0% | 3.3% | 2.2% – 6.1% |
| 投入资本回报率 | 11.4% | 1.2% | -2.5% – 5.9% |
| 净资产收益率 | 16.8% | 5.2% | -6.6% – 17.1% |
分析师
一致目标价 $201.85 (+2.0%)
区间 $140.00 – $275.00 · 评级 Buy
强烈买入0
买入40
持有38
卖出3
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2027 | $107亿 | +11.7% | $11.09 | +329.8% | 17.8× | 24 |
| FY2028 | $118亿 | +10.4% | $13.25 | +19.5% | 14.9× | 24 |
| FY2029 | $130亿 | +10.5% | $15.53 | +17.2% | 12.7× | 12 |
| FY2030 | $145亿 | +11.6% | $17.20 | +10.7% | 11.5× | 5 |
| FY2031 | $160亿 | +10.1% | $14.47 | -15.9% | 13.7× | 10 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Workday, Inc.在近期10-Q / 10-K文件中标记的全部240项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Payable, Current | $1.02亿 | $1亿 | +2.0% | $1.42亿 | $1.08亿 | +31.5% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $19亿 | $16.1亿 | +17.8% | $23.3亿 | $19.5亿 | +19.6% |
| Accounts Receivable, Allowance for Credit Loss, Current | $1600万2026-01-31 | $1000万 | +60.0% | $1600万 | $1000万 | +60.0% |
| Accretion (Amortization) of Discounts and Premiums, Investments | $600万 | $1800万 | -66.7% | $6100万 | $1.13亿 | -46.0% |
| Accrued Liabilities, Current | $4.62亿 | $3.46亿 | +33.5% | $4.54亿 | $2.96亿 | +53.4% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $14.7亿 | $13.1亿 | +12.7% | $14亿 | $13.2亿 | +5.9% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$9600万 | -$7400万 | -29.7% | -$1.36亿 | $8400万 | -261.9% |
| Additional Paid in Capital | $134亿 | $121亿 | +10.9% | $127亿 | $115亿 | +10.6% |
| Advertising Expense | – | – | – | $1.81亿 | $2.04亿 | -11.3% |
| Amortization of Debt Issuance Costs and Discounts | $100万 | $100万 | 0.0% | $400万 | $400万 | 0.0% |
| Amortization of Intangible Assets | $3400万 | $2100万 | +61.9% | – | – | – |
| Asset Impairment Charges | $0 | $0 | – | $1.17亿 | $1900万 | +515.8% |
| Assets | $159亿 | $180亿 | -11.7% | $181亿 | $180亿 | +0.5% |
| Assets, Current | $59.7亿 | $104亿 | -42.6% | $84.3亿 | $105亿 | -20.1% |
| Capital Expenditures Incurred but Not yet Paid | -$1700万 | $1000万 | -270.0% | $6400万 | $2700万 | +137.0% |
| Capitalized Contract Cost, Amortization | $8300万 | $7200万 | +15.3% | $2.92亿 | $2.51亿 | +16.3% |
| Capitalized Contract Cost, Impairment Loss | $0 | $0 | – | $0 | $0 | – |
| Capitalized Contract Cost, Net | $9.74亿 | $8.4亿 | +16.0% | $9.4亿 | $8.28亿 | +13.5% |
| Cash and Cash Equivalents, at Carrying Value | $6.61亿 | $12.6亿 | -47.7% | $15亿 | $15.4亿 | -2.7% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $6.68亿 | $12.7亿 | -47.4% | $15.1亿 | $15.5亿 | -2.9% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $1亿 | $2.81亿 | -64.4% | -$4500万 | -$4.7亿 | +90.4% |
| Common Stock, Value, Outstanding | $0 | $0 | – | $3.3万2012-01-31 | – | – |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $6.61亿 | $1.98亿 | +233.8% | $4.73亿 | $5.89亿 | -19.7% |
| Contract with Customer, Asset, after Allowance for Credit Loss | $5.84亿 | $5.05亿 | +15.6% | $5.02亿 | $4.17亿 | +20.4% |
| Contract with Customer, Asset, after Allowance for Credit Loss, Current | $5.25亿 | $4.6亿 | +14.1% | $4.43亿 | $3.73亿 | +18.8% |
| Contract with Customer, Asset, after Allowance for Credit Loss, Noncurrent | $5900万 | $4500万 | +31.1% | $5900万 | $4400万 | +34.1% |
| Contract with Customer, Liability | $44.6亿 | $39.2亿 | +13.8% | $50.8亿 | $45.5亿 | +11.7% |
| Contract with Customer, Liability, Current | $43.9亿 | $38.5亿 | +13.9% | $50.1亿 | $44.7亿 | +12.2% |
| Contract with Customer, Liability, Noncurrent | $7200万 | $6500万 | +10.8% | $7100万 | $8000万 | -11.3% |
| Contract with Customer, Liability, Revenue Recognized | $19亿 | $17亿 | +11.8% | $44亿 | $40亿 | +10.0% |
| Current Federal Tax Expense (Benefit) | – | – | – | $3400万 | $1200万 | +183.3% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $2800万 | $2300万 | +21.7% |
| Current Income Tax Expense (Benefit) | – | – | – | $1.08亿 | $8000万 | +35.0% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $4600万 | $4500万 | +2.2% |
| Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net | $1100万 | $1500万 | -26.7% | $1300万 | $1600万 | -18.8% |
| Debt Securities, Available-for-sale | $42.6亿2025-10-31 | $59.9亿 | -29.0% | $66.5亿2025-01-31 | $65.6亿 | +1.4% |
| Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss | $2400万 | $6200万 | -61.3% | $3300万 | $5300万 | -37.7% |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax | $300万 | $3300万 | -90.9% | $3600万 | $1700万 | +111.8% |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax | $1000万 | $100万 | +900.0% | $0 | $400万 | -100.0% |
| Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 10 | $1500万 | $7000万 | -78.6% | $2900万 | $2500万 | +16.0% |
| Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10 | $1900万 | $9100万 | -79.1% | $7300万 | $1.39亿 | -47.5% |
| Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five | $20.1亿 | $46.5亿 | -56.8% | $25.5亿 | $38.1亿 | -33.2% |
| Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One | $6.98亿 | $23.1亿 | -69.8% | $16.9亿 | $26.8亿 | -36.8% |
| Debt Securities, Available-for-sale, Realized Loss | $0 | – | – | $0 | $0 | – |
| Debt Securities, Realized Gain (Loss) | $0 | $0 | – | $2700万 | $0 | – |
| DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss | $27.5亿 | $70.9亿 | -61.2% | $43亿 | $66.4亿 | -35.2% |
| DebtSecuritiesAvailableForSaleExcludingAccruedInterest | $27.4亿 | $71.2亿 | -61.5% | $43.4亿 | $66.5亿 | -34.7% |
| Deferred Costs, Current | $3.2亿 | $2.78亿 | +15.1% | $3.06亿 | $2.67亿 | +14.6% |
| Deferred Costs, Noncurrent | $6.54亿 | $5.62亿 | +16.4% | $6.34亿 | $5.61亿 | +13.0% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $1.98亿 | $5200万 | +280.8% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | -$200万 | $0 | – |
| Deferred Income Tax Assets, Net | $11.3亿 | $9.59亿 | +17.7% | $8.29亿 | $10.4亿 | -20.2% |
| Deferred Income Tax Expense (Benefit) | – | – | – | $2.08亿 | $3200万 | +550.0% |
| Deferred Income Taxes and Tax Credits | -$3.86亿 | $6600万 | -684.8% | $2.18亿 | $3300万 | +560.6% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $1200万 | -$2000万 | +160.0% |
| Deferred Tax Asset, Intra-entity Transfer, Asset Other than Inventory | $3.74亿 | – | – | – | – | – |
| Deferred Tax Assets, Goodwill and Intangible Assets | $4.24亿2026-01-31 | $4.29亿 | -1.2% | $4.24亿 | $4.29亿 | -1.2% |
| Deferred Tax Assets, Gross | $26.2亿2026-01-31 | $26亿 | +0.7% | $26.2亿 | $26亿 | +0.7% |
| Deferred Tax Assets, in Process Research and Development | $4.97亿2026-01-31 | $6.21亿 | -20.0% | $4.97亿 | $6.21亿 | -20.0% |
| Deferred Tax Assets, Net | $8.29亿2026-01-31 | $10.3亿 | -19.7% | $8.29亿 | $10.3亿 | -19.7% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-07-31, 10-Q 2026-04-30, 10-K 2026-01-31, 10-Q 2025-10-31, 10-Q 2025-07-31, 10-Q 2025-04-30, 10-K 2025-01-31, 10-Q 2024-10-31, 10-Q 2024-07-31
数据截至 2026-11-02