Workday Inc
NASDAQ:WDAY
Gross Margin
Workday Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| US |
|
Workday Inc
NASDAQ:WDAY
|
63.9B USD |
76%
|
|
| US |
|
Ezenia! Inc
OTC:EZEN
|
567B USD |
62%
|
|
| DE |
|
SAP SE
XETRA:SAP
|
290.2B EUR |
74%
|
|
| US |
|
Palantir Technologies Inc
NYSE:PLTR
|
261.2B USD |
80%
|
|
| US |
|
Salesforce Inc
NYSE:CRM
|
254.2B USD |
77%
|
|
| US |
|
Intuit Inc
NASDAQ:INTU
|
172.9B USD |
79%
|
|
| US |
|
Adobe Inc
NASDAQ:ADBE
|
162.3B USD |
89%
|
|
| US |
N
|
NCR Corp
LSE:0K45
|
111.8B USD |
20%
|
|
| US |
|
Applovin Corp
NASDAQ:APP
|
96.9B USD |
75%
|
|
| US |
|
Microstrategy Inc
NASDAQ:MSTR
|
90.8B USD |
72%
|
|
| US |
|
Cadence Design Systems Inc
NASDAQ:CDNS
|
78.3B USD |
86%
|
Workday Inc
Glance View
Amid the tech boom of the early 2000s, Workday Inc. emerged as a visionary force, founded in 2005 by business software veterans Aneel Bhusri and Dave Duffield. The duo, previously affiliated with PeopleSoft, sought to revolutionize the realm of enterprise software by offering an intuitive, cloud-based platform for human capital management (HCM) and financial management applications. At its core, Workday's approach involved shifting from traditional on-premise solutions to a dynamic, web-based infrastructure, thus significantly enhancing the efficiency and flexibility of organizational processes. By eliminating the need for cumbersome hardware and software installations, Workday empowered businesses to streamline HR, payroll, and financial operations with remarkable ease and accessibility. Revenue generation for Workday is predominantly driven by subscription fees for its software-as-a-service (SaaS) model. Companies subscribe to Workday's platform on a recurrent basis, allowing for continuous updates and seamless integration of advanced features such as analytics, planning, and talent management. Furthermore, Workday fortifies its financial position by providing complementary services such as consulting, implementation, and support, ensuring clients experience a smooth transition and optimal use of their systems. With a focus on scalability and innovation, Workday supports a diverse client base that spans across industries, thus maintaining a robust growth trajectory despite the ebb and flow of technological advancements and economic shifts.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Workday Inc's most recent financial statements, the company has Gross Margin of 75.5%.
You don't have any saved screeners yet