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Side-by-side financial comparison of Devon Energy (DVN) and Workday, Inc. (WDAY). Click either name above to swap in a different company.
Devon Energy is the larger business by last-quarter revenue ($3.9B vs $2.4B, roughly 1.6× Workday, Inc.). Devon Energy runs the higher net margin — 14.3% vs 10.4%, a 3.9% gap on every dollar of revenue. On growth, Workday, Inc. posted the faster year-over-year revenue change (12.6% vs -12.3%). Devon Energy produced more free cash flow last quarter ($702.0M vs $550.0M). Over the past eight quarters, Workday, Inc.'s revenue compounded faster (12.5% CAGR vs 2.6%).
Devon Energy Corporation is an American company engaged in hydrocarbon exploration. It is organized in Delaware with operational headquarters in the 50-story Devon Energy Center in Oklahoma City, Oklahoma. Its operations are in the Delaware Basin, Eagle Ford Group, and the Rocky Mountains.
Workday, Inc. is a leading global enterprise cloud software provider that develops and distributes human capital management, financial management, and enterprise resource planning solutions. It caters primarily to mid-sized and large organizations across sectors including education, healthcare, finance, and technology, with operations spanning North America, Europe, and Asia Pacific.
DVN vs WDAY — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $3.9B | $2.4B |
| Net Profit | $562.0M | $252.0M |
| Gross Margin | — | — |
| Operating Margin | 19.0% | 10.6% |
| Net Margin | 14.3% | 10.4% |
| Revenue YoY | -12.3% | 12.6% |
| Net Profit YoY | -12.1% | 30.6% |
| EPS (diluted) | $0.90 | $0.94 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $3.9B | $2.4B | ||
| Q3 25 | $4.3B | $2.3B | ||
| Q2 25 | $4.0B | $2.2B | ||
| Q1 25 | $4.5B | $2.2B | ||
| Q4 24 | $4.5B | $2.2B | ||
| Q3 24 | $3.8B | $2.1B | ||
| Q2 24 | $3.9B | $2.0B | ||
| Q1 24 | $3.7B | $1.9B |
| Q4 25 | $562.0M | $252.0M | ||
| Q3 25 | $687.0M | $228.0M | ||
| Q2 25 | $899.0M | $68.0M | ||
| Q1 25 | $494.0M | $94.0M | ||
| Q4 24 | $639.0M | $193.0M | ||
| Q3 24 | $812.0M | $132.0M | ||
| Q2 24 | $844.0M | $107.0M | ||
| Q1 24 | $596.0M | $1.2B |
| Q4 25 | 19.0% | 10.6% | ||
| Q3 25 | 21.5% | 10.6% | ||
| Q2 25 | 28.7% | 1.7% | ||
| Q1 25 | 14.2% | 3.4% | ||
| Q4 24 | 18.7% | 7.6% | ||
| Q3 24 | 28.0% | 5.3% | ||
| Q2 24 | 26.7% | 3.2% | ||
| Q1 24 | 20.5% | 4.1% |
| Q4 25 | 14.3% | 10.4% | ||
| Q3 25 | 16.2% | 9.7% | ||
| Q2 25 | 22.2% | 3.0% | ||
| Q1 25 | 10.9% | 4.3% | ||
| Q4 24 | 14.2% | 8.9% | ||
| Q3 24 | 21.4% | 6.3% | ||
| Q2 24 | 21.7% | 5.4% | ||
| Q1 24 | 15.9% | 61.8% |
| Q4 25 | $0.90 | $0.94 | ||
| Q3 25 | $1.09 | $0.84 | ||
| Q2 25 | $1.41 | $0.25 | ||
| Q1 25 | $0.77 | $0.34 | ||
| Q4 24 | $0.98 | $0.72 | ||
| Q3 24 | $1.30 | $0.49 | ||
| Q2 24 | $1.34 | $0.40 | ||
| Q1 24 | $0.94 | $4.48 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.4B | $6.8B |
| Total DebtLower is stronger | $8.4B | — |
| Stockholders' EquityBook value | $15.5B | $8.9B |
| Total Assets | $31.6B | $17.8B |
| Debt / EquityLower = less leverage | 0.54× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.4B | $6.8B | ||
| Q3 25 | $1.2B | $8.2B | ||
| Q2 25 | $1.7B | $8.0B | ||
| Q1 25 | $1.2B | $8.0B | ||
| Q4 24 | $811.0M | $7.2B | ||
| Q3 24 | $645.0M | $7.4B | ||
| Q2 24 | $1.1B | $7.2B | ||
| Q1 24 | $1.1B | $7.8B |
| Q4 25 | $8.4B | — | ||
| Q3 25 | $8.4B | — | ||
| Q2 25 | $8.9B | — | ||
| Q1 25 | $8.9B | — | ||
| Q4 24 | $8.9B | — | ||
| Q3 24 | $8.9B | — | ||
| Q2 24 | $6.1B | $3.0B | ||
| Q1 24 | $6.1B | $3.0B |
| Q4 25 | $15.5B | $8.9B | ||
| Q3 25 | $15.3B | $9.2B | ||
| Q2 25 | $15.1B | $8.9B | ||
| Q1 25 | $14.5B | $9.0B | ||
| Q4 24 | $14.5B | $8.6B | ||
| Q3 24 | $14.3B | $8.3B | ||
| Q2 24 | $12.6B | $8.2B | ||
| Q1 24 | $12.2B | $8.1B |
| Q4 25 | $31.6B | $17.8B | ||
| Q3 25 | $31.2B | $18.0B | ||
| Q2 25 | $31.4B | $17.2B | ||
| Q1 25 | $30.9B | $18.0B | ||
| Q4 24 | $30.5B | $16.4B | ||
| Q3 24 | $30.3B | $16.2B | ||
| Q2 24 | $25.2B | $15.9B | ||
| Q1 24 | $25.0B | $16.5B |
| Q4 25 | 0.54× | — | ||
| Q3 25 | 0.55× | — | ||
| Q2 25 | 0.59× | — | ||
| Q1 25 | 0.61× | — | ||
| Q4 24 | 0.61× | — | ||
| Q3 24 | 0.62× | — | ||
| Q2 24 | 0.49× | 0.37× | ||
| Q1 24 | 0.51× | 0.37× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.5B | $588.0M |
| Free Cash FlowOCF − Capex | $702.0M | $550.0M |
| FCF MarginFCF / Revenue | 17.8% | 22.6% |
| Capex IntensityCapex / Revenue | 21.1% | 1.6% |
| Cash ConversionOCF / Net Profit | 2.73× | 2.33× |
| TTM Free Cash FlowTrailing 4 quarters | $3.1B | $2.6B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.5B | $588.0M | ||
| Q3 25 | $1.7B | $616.0M | ||
| Q2 25 | $1.5B | $457.0M | ||
| Q1 25 | $1.9B | $1.1B | ||
| Q4 24 | $1.7B | $406.0M | ||
| Q3 24 | $1.7B | $571.0M | ||
| Q2 24 | $1.5B | $372.0M | ||
| Q1 24 | $1.7B | $995.6M |
| Q4 25 | $702.0M | $550.0M | ||
| Q3 25 | $820.0M | $588.0M | ||
| Q2 25 | $589.0M | $421.0M | ||
| Q1 25 | $1.0B | $1.0B | ||
| Q4 24 | $738.0M | $359.0M | ||
| Q3 24 | $786.0M | $516.0M | ||
| Q2 24 | $587.0M | $291.0M | ||
| Q1 24 | $844.0M | $947.6M |
| Q4 25 | 17.8% | 22.6% | ||
| Q3 25 | 19.3% | 25.0% | ||
| Q2 25 | 14.6% | 18.8% | ||
| Q1 25 | 22.2% | 46.4% | ||
| Q4 24 | 16.4% | 16.6% | ||
| Q3 24 | 20.7% | 24.7% | ||
| Q2 24 | 15.1% | 14.6% | ||
| Q1 24 | 22.6% | 49.3% |
| Q4 25 | 21.1% | 1.6% | ||
| Q3 25 | 20.5% | 1.2% | ||
| Q2 25 | 23.6% | 1.6% | ||
| Q1 25 | 20.5% | 3.9% | ||
| Q4 24 | 20.6% | 2.2% | ||
| Q3 24 | 23.1% | 2.6% | ||
| Q2 24 | 24.3% | 4.1% | ||
| Q1 24 | 23.9% | 2.5% |
| Q4 25 | 2.73× | 2.33× | ||
| Q3 25 | 2.46× | 2.70× | ||
| Q2 25 | 1.72× | 6.72× | ||
| Q1 25 | 3.93× | 11.83× | ||
| Q4 24 | 2.60× | 2.10× | ||
| Q3 24 | 2.05× | 4.33× | ||
| Q2 24 | 1.82× | 3.48× | ||
| Q1 24 | 2.92× | 0.84× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DVN
| Oil Gas And NGL Sales | $2.6B | 65% |
| Marketing And Midstream Revenues | $1.4B | 35% |
WDAY
| Subscription Services | $2.2B | 92% |
| Professional Services | $188.0M | 8% |
