With a combined revenue of $21 trillion and $2.1 trillion in profits, the 2026 Fortune 500 is the definitive list of America's largest companies.

Fortune 500

The 300 companies on this year’s list brought in over $12.5 trillion in revenue for the latest 12 months, with the median revenue figure at $24 billion.

America's Most Innovative Companies

AI is a major force shaping this year’s list—but it’s far from the only story.

World's Most Admired Companies

Almost $20 trillion in revenue—and a record-breaking $1.87 trillion in profits. Introducing the 2025 Fortune 500, the definitive list of the biggest companies in America.

The 300 companies on this year’s list brought in over $12.6 trillion in revenue for the latest 12 months, with the median revenue figure at $22 billion.

Leaders in all industries rely more than ever on Big Tech—and appreciate the giants that deliver, at scale, without drama.

Industries included in the sector are computers, internet services, IT services, semiconductors, and software companies.

Fortune Sector Leaders: Technology

The Fortune 500, in its 70th year in 2024, ranks the biggest U.S. companies by revenue.

The 26th edition of the list shows how much esteem Big Tech giants command among other business leaders.

The 25th Fortune World’s Most Admired Companies list suggests that tech giants’ peers respect them as much as ever.

The Fortune 500, in its 69th year in 2023, ranks the biggest U.S. companies by revenue.

Just as it dominates our economy, Big Tech now dominates Fortune’s annual ranking of corporate reputation.

This year’s Fortune 500 marks the 68th running of the list.

After a year in which humanity leaned more heavily than ever on tech giants, see which companies topped Fortune's ranking of corporate reputation.

Resilience and the capacity for reinvention have never been more important.

Future 50-2021-Workday

The Future 50

This year’s Fortune 500 marks the 67th running of the list.

For an astounding 13th straight year, Apple claims the top spot in Fortune’s annual ranking of corporate reputation, based on a survey of almost 3,800 executives, directors, and analysts.

Our 2020 list of the 100 best companies as ranked by their employees. See which companies made the list.

Fortune 100 Best Companies to Work For

This year's list of best workplaces in technology value people, not just as employees, but as humans.

Best Large Workplaces in Technology 2020-Workday

Employees say: 
“Culture, from the top down, is awesome. Executives through individual contributors mean what they say and say what they mean. Everyone is given ample opportunities and is encouraged to explore roles and take training that are of interest to them.” 
Read Great Place to Work review .

Best Large Workplaces in Technology

The 35 companies highlighted on this year's list promote growth, transparency, and diversity in the workplace.

Workday_Best Large Workplaces Bay Area 2020

Employees say: 
 
"The firm shows respect and appreciation for everyone regardless of "level" or "status." it's a place that cares very much about creating a culture of belonging and shared contributions and investments." 
 
Read Great Place to Work review .

Best Large Workplaces in the Bay Area

Explore this year's ranking of the 50 companies with the best long-term growth potential.

Future 50-2020-Workday

A dominant force in cloud-based programs for HR management and financial planning, Workday’s reach belies its size. Though it brought in a relatively modest $3.6 billion in revenue in 2019, its customers employ some 45 million people worldwide. Workday’s sales rose 29% last year, and analysts anticipate continued growth as the company expands its suite of tools. Another promising project: helping corporate clients take part in “talent marketplaces” that connect displaced workers with new positions.

This year's Fortune 500 marks the 66th running of the list.

Here are the World's Most Admired Companies for 2019 as ranked in their industries. See who made the list.

Our 2019 list of the 100 best companies as ranked by their employees. See which companies made the list.

Companies on this year's list earned national recognition in at least five different countries worldwide—and as many as 33 countries.

World's Best Companies 2019-Workday

World’s 25 Best Workplaces

Fortune's proprietary methodology allows us to zero in on the 50 global firms that are best poised to deliver—and continue delivering—above average gains.

At the Best Workplaces for Women, company leaders foster mentorship and career growth.

Workday-Best Large Workplaces for Women 2019

An employee says: 
 
"It's the first company I've worked at where I feel senior leadership acts with integrity and I trust them to make the right decision. I'm also extremely proud of the number of women in leadership roles, especially where they're not always found." 
 
Read the Great Place to Work review .

100 Best Large Workplaces for Women

This year's Fortune 500 marks the 65th running of the list.

We surveyed tens of thousands of young employees to create this list of millennials’ favorite workplaces.

Workday-best workplaces millennials 2019

Employees say: 
“Workday is invested in growing young talent and helping you find the career path that you love. I've moved departments and teams multiple times since I've been here and I've had a say in what i'm interested in all long the way.”

100 Best Large Workplaces for Millennials

Our 2018 list of the 100 best companies as ranked by their employees. See which companies made the list.

Welcome to the inaugural Fortune Future 50, our new ranking of companies best positioned for breakout growth.

This year's Fortune 500 marks the 64th running of the list.

Best Large Workplaces for Women 2018-Workday

Employees say: 
 
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"Workday takes its commitment to employees seriously. For instance, through internal discussions about how Workday can be a leading employer for women, they unrolled a new paid parental leave policy that far outstrips what most U.S. employers offer." 
 
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Read the Great Place to Work review .

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Employees say: 
 
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"It’s incredibly atypical for an organization of this size to have such a high-trust environment and be able to sustain it. There is a mentality that 'we didn't hire smart people to tell them exactly what to do' I so appreciate." 
 
&nbsp; 
 
"The lights in the building are on a timer that goes off at 6pm, which I have always found to be so incredible. At my previous job at a major tech company, 6pm was what 3 or 4pm here is and the auto-shut off happened at 8:30pm. If I'm ever working late, I'm always so encouraged when those lights go off at 6pm because it feels like Workday as a whole is reminding me that its time to leave--reiterating the importance of work-life balance and ensuring I'm not burning out. I think that small action of a self-timed light panel has made such a massive impact on my perception of this company and how it cares for its employees." 
 
&nbsp;

Our 2017 list of the 100 best companies as ranked by their employees. See which companies made the list.

Fortune’s annual list of the 100 Best Workplaces for Women highlights companies with generous benefits, flexible schedules, and an emphasis on balancing work and life. 

Best Workplaces in the Bay Area 2017- Workday

Employees say: "We are truly a 'team'—anyone here will drop what they are working on to help you, and people share information willingly. We all have a common goal of providing the best product with the best service; everyone here lives and breathes that common goal." 
 
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"Individual accomplishments are encouraged and rewarded, but then the sharing of those ideas is a consistent part of the culture. With this approach, I feel that I am appreciated for new thoughts and ideas while not feeling the need to protect my IP." Read the .

best workplaces for millennials 2017 Workday

Employees say: 
 
&nbsp; 
 
"I came to Workday on the technology side from a non-traditional background, expecting to meet resistance and challenges given my past experience. But, I was met with the exact opposite. My coworkers are ultra supportive and open, will drop everything at any given time to answer questions or brainstorm solutions, and constantly motivate me to keep learning. Everyone is passionate about their work and my manager takes a very active role in ensuring my continued success and development. When I come into the office, I just feel happy and thankful to be here. The mood is very cheerful and yet focused and determined on delivering quality products. I consider my coworkers to be my friends. I can't imagine working anywhere else." 
 
&nbsp; 
 
"I have been given opportunities and promotions based solely on my performance and merits and potential, despite the fact that I do not have a lot of experience. At Workday, if you prove you can do the job, you'll be given the chance in most cases even if you aren't the smartest, most educated, or most experienced person on the team. They will pick the person they truly think is best for the project or role, not the person who thinks they deserve it because they've been here the longest. It's been a great thing for me. I've been able to achieve a lot very quickly, which keeps me motivated to keep achieving." 
 
&nbsp;

Google/Alphabet is the No. 1 place to work for the seventh time in 10 years. Six newcomers include Veterans United at No. 30, Hilton Hotels at No. 56, and Slalom Consulting at No. 100. IKEA’s U.S. arm returns to the list, along with GoDaddy and Sheetz.

Fortune’s second annual list of the 100 Best Workplaces for Women highlights companies with generous benefits, flexible schedules, and an emphasis on balancing work and life. 

100 best workplaces for women 2016- workday

Employees say: 
&nbsp; 
"This is THE best company I have ever worked for. They are always thinking of employees and what is right. They really try to make a day at Workday not your ordinary workday. From bringing your dogs to summertime Monday Fundays with a variety of outdoor activities, to all of the events for employees and their families like Bring Your Kids, Bring Your Parents, Bring Your Teens and our company picnic. This year it was a carnival, and I have never seen so many smiling happy faces. I have never worked for a company that is so generous." 
&nbsp; 
"Workday is fun, energetic company to work for—very dynamic in a constant state of positive change to create improvements. The company supports autonomy and empowers you to lead, make, and own your decisions." 
&nbsp; 
Read the Great Place to Work review .

The second annual ranking of the best employers for workers 35 and under.

best workplaces for millennials 2016- Workday

"The sense of community at Workday is amazing. Whether it be seasoned developers or fresh out of college young professionals, we all collaborate at a pace that works for everyone. The playing field is flat and allows new developers to work with experienced developers without feeling out of place. I feel my team and my manager are truly dedicated to helping one another individually and collectively to accomplish our goals with time to spare—which usually goes towards something fun!" says one millennial employee. 
 
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Says another millennial: "The company puts a large emphasis on fun and flexibility. I have an amazing work life balance. I can spend time with my family and pursue other goals and ambitions outside of work. I have a lot of autonomy in my work so I don't have to be tied to my office 10 hours every day. As a young person work life balance is very important to me, and I feel blessed to have this privilege working at Workday." 
 
&nbsp; 
 
Read the .

This year’s list marks Fortune's 18th year of partnering with Great Place to Work. Google ranks No.1 for the sixth time, and 16 new companies make impressive debuts, including Acuity (No. 3), Twitter (No. 24), and Riot Games (No. 13).

The inaugural list of the 100 Best Workplaces for Women from our partners at Great Place to Work includes the wealth management firm TrueWealth at No.1, hospital system Texas Health Resources (No. 3), and Build-A-Bear Workshop (No. 10). Rankings were determined by employee surveys and the representation of women within the organizations.

BEST COMPANIES 2015  Workday

HR tech services company Workday has over 3,000 employees, of which 37% are women. Nearly 40% of executive titles are held women, while 46% of management positions belong to women, too. "Workday is a special place," one employee said. "Our products are technologically superior, our executive team members are seasoned veterans, our colleagues are extremely competent and our corporate culture is one of high ethics and extraordinary fun." .

The inaugural list of the 100 Best Workplaces for Millennials from our partners at Great Place to Work includes surprising newcomer Power Home Remodeling, making an impressive debut at No. 1. Other standouts include Chili’s Grill and Bar (no. 11), Elevation Church (No. 34), and Yelp (No. 41).

Workday, founded by a co-founder of PeopleSoft, offers its employees (called “workmates”) no annual limit on time off, as well as the opportunity to participate in a work exchange program that would send them to Dublin or Munich. This maker of cloud-based human resources software has made sure its own humans are happy. <a style="color:#ff0000;" href="http://us.greatrated.com/workday">Read the Great Place to Work review.</a>

Perks

100% health coverage

Unlimited sick days

Telecommuting

Job sharing

Subsidized childcare

Compressed work weeks

Fully-paid sabbaticals

On-site fitness/subsidized gym

On-site medical care facility

Non-discrimination policy includes sexual orientation

Health insurance for part-timers

Sick days for part-timers

College tuition reimbursement

Student loan debt repayment

Medical facility at all locations

Paid Time Off

# Sick days

Compensation

Most common job (for salaried employee)

Hiring/staffing (past 12 Months)

Full-time and part-time job growth

# of job applicants

Avg. # of applicants per opening

# New graduates hired

Company Info

Industry

Founded

HQ Location

Sites

Worldwide Employees

Worldwide Revenue

Last Year Rank

Web Address

Date info provided (companies may opt to keep some data confidential)

Millennials In The Organization

# of millennial employees

Millennials as % of total workforce

Women In The Organization

% of Women in Management (non-Executive)

% of Women in Executive/Manager Positions

Future 50

Overall Score

Sector

Current All-Star Rank

Previous All-Star Rank

Industry Rank

Previous Industry Rank

Innovation

People Management

Use of Corporate Assets

Social Responsibility

Quality of Management

Financial Soundness

Long-Term Investment Value

Quality of Products/Services

Global Competitiveness

Strongest Dimension

Years on list

Previous rank

State

Key Financials (last Fiscal Year)

Revenues ($M)

Profits ($M)

Assets ($M)

Total Stockholder Equity ($M)

Profit Ratios

Profit as % of Revenues

Profits as % of Assets

Profits as % of Stockholder Equity

Earnings Per Share (last Fiscal Year)

Earnings Per Share ($)

EPS % Change (from prior fiscal year)

EPS % Change (5 year annual rate)

EPS % Change (10 year annual rate)

Total Return

Total Return to Investors (last year)

Total Return to Investors (5 year, annualized)

Total Return to Investors (10 year, annualized)

Workday provides software that helps organizations manage financial operations, human capital, spending, and expenses, along with tools for workforce planning, reporting, and automation. Founded in 2005 and headquartered in Pleasanton, Calif., the company also offers industry-specific solutions for health care, education, and government, as well as developer tools like Workday Extend and AI features through Workday Illuminate.

Q2 2027

Q1 2027

Q4 2026

Q3 2026

Q2 2026

Q1 2026

Q4 2025

Q3 2025

Workday (WDAY): Company Profile, Stock Price, News, Rankings

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Workday

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Welcome to Workday's Fourth Quarter and Full Year twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. We will conduct a question and answer session towards the end of the call. During the Q and A, please limit your questions to one. I will now hand it over to Justin Furby, Vice President of Investor Relations.

Thank you, operator. Welcome to Workday's fourth quarter fiscal twenty twenty five earnings conference call. On the call, we have Carl Eschenbach, our CEO Zane Roe, our CFO and David Sommers, our Chief Product Officer. Following prepared remarks, we will take questions. Our press release was issued after close of market and is posted on our website, where this call is being simultaneously webcast.

Before we get started, we want to emphasize that some of our statements on this call, particularly our guidance, are based on the information we have as of today and include forward looking statements regarding our financial results, applications, customer demand, operations and other matters. These statements are subject to risks, uncertainties and assumptions that could cause actual results to differ materially. Please refer to the press release and the risk factors and documents we file with the Securities and Exchange Commission, including our fiscal twenty twenty four annual report on Form 10 ks and our most recent quarterly report on Form 10 Q for additional information on risks, uncertainties and assumptions that may cause actual results to differ materially from those set forth in such statements. In addition, during today's call, we will discuss non GAAP financial measures, which we believe are useful as supplemental measures of Workday's performance. These non GAAP measures should be considered in addition to and not as a substitute for or in isolation from GAAP results.

You can find additional disclosures regarding these non GAAP measures, including reconciliations with comparable GAAP results, in our earnings press release, in our investor presentation and on the Investor Relations page of our website. The webcast replay of this call will be available for the next ninety days on our company website under the Investor Relations link. Additionally, the transcript of this call and our quarterly investor presentation will be posted on our Investor Relations website following this call. Also, the customer's page of our website includes a list of selected customers and is updated monthly. Our first quarter fiscal twenty twenty six quiet period begins on 04/15/2025.

Unless otherwise stated, all financial comparisons in this call will be to our results for the comparable period of our fiscal twenty twenty four. With that, I'll hand the call over to Carl.

Thank you, Justin, and thank you all for joining us today. Workday delivered another solid quarter in Q4 with 16% subscription revenue growth and 26% non GAAP operating margin. These results are a testament to how businesses of all sizes, industries and geographies are increasingly turning to Workday as their trusted partner. And I'm incredibly proud of how our teams executed in Q4 to deliver a solid year. As organizations look for ways to boost productivity and run more efficiently, our value proposition has never been stronger.

Workday gives them the ultimate advantage, helping them manage what matters most, their people and their money. And with our unified platform, our customers can unlock value faster, reduce our total cost of ownership and harness the power of AI across our best in class HR and finance solutions. On the AI front, we just launched the agent system of record, a centralized system to manage all of an organization's AI agents from Workday and third parties alike. With this innovation, our customers will be able to manage their entire workforce, humans and digital, on our trusted platform. I'll talk more about this exciting announcement later in the call.

But now, let's turn to our customers and industry momentum in the quarter. During Q4, we welcomed incredible new customers including Bayer, Henkel, Iberostar, the State of North Carolina and First Citizens Bank and Trust Company. We also expanded with industry leaders including Cisco, Mondelez, Sutter Health and Toyota. Workday now serves more than 11,000 customers across industries and geographies, including more than 60% of the Fortune 530% of the Global 2,000. And that says a lot about the strategic nature of our platform.

Our industry focus is a huge contributor to this growth and Q4 was no exception. In SLED, the City of Minneapolis, St. Louis County and City University of New York all chose our full suite in Q4. We also signed our largest Workday student deal ever with the Minnesota State Colleges and Universities. This is a massive project to improve the experience for 270,000 students and 14,000 faculty.

Workday Student is quickly gaining traction as a top choice for higher education institutions. We now have more than 135 customers and we expect roughly half of them will be live by the spring. After rapid adoption here in The U. S, we're excited to expand Workday Student into Canada and the Australia, New Zealand markets this year. We also have a growing opportunity with the U.

S. Federal Government, thanks to the administration's strong focus on driving efficiencies and IT modernization. Our recent wins at the DOE and DIA have helped set a solid foundation in this sector, opening up a number of exciting Fed opportunities. Financial services continues to be one of our largest industries. In Q4, we had significant expansions with Aon and Sallie Mae Bank and we closed a large core FINS deal with a Fortune 500 organization.

Healthcare also once again delivered with notable full suite wins including North Mississippi Medical Center, Hackensack Meridian Health and UnityPoint Health. More than 30% of our net new wins in the quarter were full suite and across our focus industries of SLED and healthcare that number climbs to 50%. We had a record number of core Fins wins in both Q4 and the full fiscal year. We now have over 6,100 core HCM and Financials customers and more than 2,000 of them are leveraging our full suite. Our investments in Financials, both in innovation and go to market, continued to pay off with strong growth in new ACV in Q4.

In addition to a record number of core financials wins, we saw strong momentum for our financial planning, accounting center, student and procurement solutions. And we continue to see increasing demand for AI solutions. In fact, AI is front and center in every conversation I have with customers, prospects and partners. They want to move beyond incremental productivity gains. They're also looking for ROI that helps them drive growth back into their business.

Similar to Q3, we once again saw 30% of our customer expansions involve one or more AI SKUs, including ExtendPro, Recruiting Agent, Evisort and our recently rolled out Talent Mobility Agent. ExtendPro, which enables our customers to build AI applications on top of our platform, continues to be one of our fastest growing SKUs. In Q4, new ACV more than doubled over Q3. Developer CoPilot, which is part of ExtendPro is delivering real results. We're hearing from customers that they're seeing productivity gains of over 50%.

This is helping them build apps much faster. Recruiting agent had an exceptional close to the year with wins at BP, Genpak and many more. New ACV in Q4 nearly doubled from Q3 and this product continues to boost the average selling price of our core recruiting solution. In fact, in Q4, it was even higher than the 1.5x uplift we reported in Q3, a great example of customers willing to pay for high ROI solutions. Our approach to AI has always been customer centric.

While others rush to charge for early gen AI features, we integrated them into our core offering. Now that our AI has evolved and delivering tangible ROI, we have new monetization opportunities that will fuel our long term growth. And perhaps more importantly, we are further distancing ourselves from the competition. With more than 1,000,000,000,000 transactions processed on our platform in FY 2025, our AI leverages the world's largest and cleanest HR and financial data set. And the combination of this data with our ability to understand the context behind it puts Workday in a unique position.

Following the announcements of our new role based agents at Rising, we launched four more agents for contracts, payroll, financial auditing and policy. These are not task based agents like most of the market today. Our role based agents contain a configurable set of skills that give them greater ability to support people in their roles. Each has multiple skills and can perform a large number of tasks. That's where true ROI is and where we see that customers are willing to pay.

Over the past year, hundreds and maybe thousands of agents have been introduced into the market across a number of vendors. As more agents are deployed, organizations risk fragmented operations, increased security risks and difficulty measuring the true value of their AI investments. At this point, there's no central place to manage agents and there's a real risk of sprawl. That's what the Workday agent system of record aims to solve. It will manage a business's entire fleet of AI agents alongside their human workforce, all on a trusted platform.

And it won't just manage Workday agents, it will also manage customer bill agents and partner bill agents. Since the launch, we've had strong interest from our customers and technology partners who'd like access to the Workday agent system of record to mitigate risk in the enterprise. Partners continue to play a strong role in Workday's growth and they also extend the power of the Workday platform. In Q4, more than 15 of our net new ACV was sourced through partners, up from more than 10% last quarter and we're just getting started. Not only are we leaning into partners to drive increased pipeline for our core products, but we're also collaborating with them to create new lines of business through partner programs like Workday Wellness, where we signed five strategic partners in Q4.

And we're innovating with them as well. Our built on Workday program continues to gain traction. Since its launch at the June, we have 72 partners building and selling applications on the Workday platform. Finally, in the quarter, we also signed our first strategic talent partnership with Ronstadt, which brings together the power of Workday recruiting agent with the global candidate data pool of the largest talent company in the world to help our customers increase hiring efficiencies and drive better talent outcomes. Turning to international, we delivered solid performance across a number of our key geographies in Q4.

We also hosted a record breaking EMEA Rising in December with 5,000 attendees, which helped drive momentum in the quarter. Despite the continued macro headwinds in EMEA, our two largest markets, The U. K. And Germany had their strongest quarter of the year. This shows what I've said many times.

When customers are ready to make a spending decision, Workday is the choice. In the DOC region, we formed some fantastic new relationships in our competitors' backyard. In Q4, with great German companies like Bayer and Henkel selecting Workday core HCM. In APAC, we had several important wins including Binance, Nine Entertainment and Jingdong. And in Japan, we're continuing to build the foundation to grow in this important market with the opening of our Osaka office.

I want to thank my workmates, our customers and our partners for helping us end FY 2025 strong. I'd also like to recognize Doug Robinson for helping us close the quarter on a high note. Thank you, Doug, for your dedication to building this company. Before we close, I'd like to share a couple other leadership updates. After ten incredible years, Cheyenne Chakraborty has decided to retire from Workday.

He has been a driving force for our innovation strategy and we can't thank him enough for the impact he has had. With Cheyenne's retirement from Workday, we're excited to welcome Garrett Kazmaier as our new President of Product and Technology. Garrett joins us from Google, where he led data analytics and BI for Google Cloud. Prior today, he spent nearly eleven years with SAP. With his expertise in AI, data, ERP and enterprise business processes, Garrett is the ideal person to lead our product and technology strategy.

Garrett will start on March 10 and Cheyenne will stay on as an advisor through the May to help with the transition. It's been a year of change at Workday and will continue to evolve in the coming years to go after the massive opportunity ahead of us. Our recent restructuring was a tough, but necessary decision that will help us invest in the business to meet our customers' needs. We're entering FY 2026, our twentieth year in business with an amazing team, renewed energy and a clear view of how we can fulfill our founders' vision to revolutionize enterprise software, this time with AI. Thank you again for joining us.

And with that, I'll hand it over to Zane.

to everyone for joining today's call. Our Q4 results were driven by solid performance across key growth areas of the business, including continued momentum with Fullsuite and our financial solutions, growing demand for our AI SKUs and strong execution across key industries. Turning to results, subscription revenue in Q4 was $2,040,000,000 up 16% benefiting from favorable linearity of new ACV bookings within the quarter. Full year FY 2025 subscription revenue was $7,718,000,000 growth of 17%. Professional services revenue was $171,000,000 in the quarter and $728,000,000 for the full year.

Total revenue in Q4 was $2,210,000,000 growth of 15% and for the full year was $8,450,000,000 up 16%. U. S. Revenue in Q4 totaled $1,660,000,000 up 15% and international revenue in the quarter was $556,000,000 growing 16%. For the full year, U.

S. Revenue was $6,330,000,000 up 16% and international revenue was $2,110,000,000 up 17%. Twelve month subscription revenue backlog or CRPO was $7,630,000,000 at the end of Q4 growing 15%. Early renewal activity in the quarter was slightly higher than expected and contributed to the outperformance. Total subscription revenue backlog at the end of Q4 was $25,060,000,000 up 20% and gross revenue retention rates remained strong at 98%.

Non GAAP operating income for the fourth quarter was $584,000,000 representing a non GAAP operating margin of 26.4%. The year over year improvement benefited from a combination of revenue outperformance, ongoing cost discipline and improved efficiencies across the company. Full year non GAAP operating income was $2,190,000,000 reflecting a non GAAP operating margin of 25.9%. GAAP operating income in the quarter was impacted by a $75,000,000 charge primarily related to the previously announced restructuring. Q4 operating cash flow was $1,110,000,000 resulting in full year operating cash flow of $2,460,000,000 growth of 15%.

We repurchased $99,000,000 of our shares during the quarter and $700,000,000 for the full year helping drive annual dilution below 1% for the year. The timing and amount of our repurchase activity in the quarter was impacted by trading constraints. We had $8.00 $2,000,000 in remaining authorization as of year end. We ended the year with $8,000,000,000 in cash and marketable securities. Our headcount as of January 31 was approximately 20,400 workmates, not reflecting the restructuring that took place in early February, which we expect will reduce our workforce by approximately 8%.

Workday (WDAY) Q4 2025 Earnings Call Transcript

Company Participants