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Side-by-side financial comparison of Hyatt Hotels Corp (H) and Workday, Inc. (WDAY). Click either name above to swap in a different company.
Workday, Inc. is the larger business by last-quarter revenue ($2.4B vs $1.8B, roughly 1.4× Hyatt Hotels Corp). Workday, Inc. runs the higher net margin — 10.4% vs -1.1%, a 11.5% gap on every dollar of revenue. On growth, Workday, Inc. posted the faster year-over-year revenue change (12.6% vs 11.7%). Workday, Inc. produced more free cash flow last quarter ($550.0M vs $236.0M). Over the past eight quarters, Workday, Inc.'s revenue compounded faster (12.5% CAGR vs 2.2%).
Hyatt Hotels Corporation, commonly known as Hyatt Hotels & Resorts, is an American multinational hospitality company headquartered in the Riverside Plaza area of Chicago that manages and franchises luxury and business hotels, resorts, and vacation properties. Hyatt Hotels & Resorts is one of the businesses managed by the Pritzker family. Hyatt has more than 1350 hotels and all-inclusive properties in 69 countries, across North America, South America, Europe, Asia, Africa and Australia.
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.
H vs WDAY — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.8B | $2.4B |
| Net Profit | $-20.0M | $252.0M |
| Gross Margin | — | — |
| Operating Margin | 0.4% | 10.6% |
| Net Margin | -1.1% | 10.4% |
| Revenue YoY | 11.7% | 12.6% |
| Net Profit YoY | 64.3% | 30.6% |
| EPS (diluted) | $-0.20 | $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 | $1.8B | $2.4B | ||
| Q3 25 | $1.8B | $2.3B | ||
| Q2 25 | $1.8B | $2.2B | ||
| Q1 25 | $1.7B | $2.2B | ||
| Q4 24 | $1.6B | $2.2B | ||
| Q3 24 | $1.6B | $2.1B | ||
| Q2 24 | $1.7B | $2.0B | ||
| Q1 24 | $1.7B | $1.9B |
| Q4 25 | $-20.0M | $252.0M | ||
| Q3 25 | $-49.0M | $228.0M | ||
| Q2 25 | $-3.0M | $68.0M | ||
| Q1 25 | $20.0M | $94.0M | ||
| Q4 24 | $-56.0M | $193.0M | ||
| Q3 24 | $471.0M | $132.0M | ||
| Q2 24 | $359.0M | $107.0M | ||
| Q1 24 | $522.0M | $1.2B |
| Q4 25 | 0.4% | 10.6% | ||
| Q3 25 | -1.0% | 10.6% | ||
| Q2 25 | 2.1% | 1.7% | ||
| Q1 25 | 3.0% | 3.4% | ||
| Q4 24 | -3.0% | 7.6% | ||
| Q3 24 | 37.3% | 5.3% | ||
| Q2 24 | 27.1% | 3.2% | ||
| Q1 24 | 31.6% | 4.1% |
| Q4 25 | -1.1% | 10.4% | ||
| Q3 25 | -2.7% | 9.7% | ||
| Q2 25 | -0.2% | 3.0% | ||
| Q1 25 | 1.2% | 4.3% | ||
| Q4 24 | -3.5% | 8.9% | ||
| Q3 24 | 28.9% | 6.3% | ||
| Q2 24 | 21.1% | 5.4% | ||
| Q1 24 | 30.5% | 61.8% |
| Q4 25 | $-0.20 | $0.94 | ||
| Q3 25 | $-0.51 | $0.84 | ||
| Q2 25 | $-0.03 | $0.25 | ||
| Q1 25 | $0.19 | $0.34 | ||
| Q4 24 | $-0.37 | $0.72 | ||
| Q3 24 | $4.63 | $0.49 | ||
| Q2 24 | $3.46 | $0.40 | ||
| Q1 24 | $4.93 | $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 | $813.0M | $6.8B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.3B | $8.9B |
| Total Assets | $14.0B | $17.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $813.0M | $6.8B | ||
| Q3 25 | $749.0M | $8.2B | ||
| Q2 25 | $912.0M | $8.0B | ||
| Q1 25 | $1.8B | $8.0B | ||
| Q4 24 | $1.4B | $7.2B | ||
| Q3 24 | $1.1B | $7.4B | ||
| Q2 24 | $2.0B | $7.2B | ||
| Q1 24 | $794.0M | $7.8B |
| Q4 25 | — | — | ||
| Q3 25 | $6.0B | — | ||
| Q2 25 | $6.0B | — | ||
| Q1 25 | $4.3B | — | ||
| Q4 24 | $3.8B | — | ||
| Q3 24 | $3.1B | — | ||
| Q2 24 | $3.9B | $3.0B | ||
| Q1 24 | $3.1B | $3.0B |
| Q4 25 | $3.3B | $8.9B | ||
| Q3 25 | $3.5B | $9.2B | ||
| Q2 25 | $3.6B | $8.9B | ||
| Q1 25 | $3.5B | $9.0B | ||
| Q4 24 | $3.5B | $8.6B | ||
| Q3 24 | $3.7B | $8.3B | ||
| Q2 24 | $3.9B | $8.2B | ||
| Q1 24 | $3.7B | $8.1B |
| Q4 25 | $14.0B | $17.8B | ||
| Q3 25 | $15.7B | $18.0B | ||
| Q2 25 | $15.9B | $17.2B | ||
| Q1 25 | $14.0B | $18.0B | ||
| Q4 24 | $13.3B | $16.4B | ||
| Q3 24 | $11.9B | $16.2B | ||
| Q2 24 | $12.8B | $15.9B | ||
| Q1 24 | $11.7B | $16.5B |
| Q4 25 | — | — | ||
| Q3 25 | 1.73× | — | ||
| Q2 25 | 1.69× | — | ||
| Q1 25 | 1.25× | — | ||
| Q4 24 | 1.07× | — | ||
| Q3 24 | 0.85× | — | ||
| Q2 24 | 1.01× | 0.37× | ||
| Q1 24 | 0.84× | 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 | $313.0M | $588.0M |
| Free Cash FlowOCF − Capex | $236.0M | $550.0M |
| FCF MarginFCF / Revenue | 13.2% | 22.6% |
| Capex IntensityCapex / Revenue | 4.3% | 1.6% |
| Cash ConversionOCF / Net Profit | — | 2.33× |
| TTM Free Cash FlowTrailing 4 quarters | $159.0M | $2.6B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $313.0M | $588.0M | ||
| Q3 25 | $-20.0M | $616.0M | ||
| Q2 25 | $-67.0M | $457.0M | ||
| Q1 25 | $153.0M | $1.1B | ||
| Q4 24 | $235.0M | $406.0M | ||
| Q3 24 | $-21.0M | $571.0M | ||
| Q2 24 | $177.0M | $372.0M | ||
| Q1 24 | $242.0M | $995.6M |
| Q4 25 | $236.0M | $550.0M | ||
| Q3 25 | $-89.0M | $588.0M | ||
| Q2 25 | $-111.0M | $421.0M | ||
| Q1 25 | $123.0M | $1.0B | ||
| Q4 24 | $184.0M | $359.0M | ||
| Q3 24 | $-64.0M | $516.0M | ||
| Q2 24 | $135.0M | $291.0M | ||
| Q1 24 | $208.0M | $947.6M |
| Q4 25 | 13.2% | 22.6% | ||
| Q3 25 | -5.0% | 25.0% | ||
| Q2 25 | -6.1% | 18.8% | ||
| Q1 25 | 7.2% | 46.4% | ||
| Q4 24 | 11.5% | 16.6% | ||
| Q3 24 | -3.9% | 24.7% | ||
| Q2 24 | 7.9% | 14.6% | ||
| Q1 24 | 12.1% | 49.3% |
| Q4 25 | 4.3% | 1.6% | ||
| Q3 25 | 3.9% | 1.2% | ||
| Q2 25 | 2.4% | 1.6% | ||
| Q1 25 | 1.7% | 3.9% | ||
| Q4 24 | 3.2% | 2.2% | ||
| Q3 24 | 2.6% | 2.6% | ||
| Q2 24 | 2.5% | 4.1% | ||
| Q1 24 | 2.0% | 2.5% |
| Q4 25 | — | 2.33× | ||
| Q3 25 | — | 2.70× | ||
| Q2 25 | — | 6.72× | ||
| Q1 25 | 7.65× | 11.83× | ||
| Q4 24 | — | 2.10× | ||
| Q3 24 | -0.04× | 4.33× | ||
| Q2 24 | 0.49× | 3.48× | ||
| Q1 24 | 0.46× | 0.84× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
H
| Other | $627.0M | 35% |
| Rooms Revenue | $326.0M | 18% |
| Net Fees | $290.0M | 16% |
| Distribution Segment | $177.0M | 10% |
| Franchise And Other Fees | $114.0M | 6% |
| Base Management Fees | $112.0M | 6% |
| Incentive Management Fees | $81.0M | 5% |
| Other Owned And Leased Hotel Revenue | $41.0M | 2% |
| Contra Revenue | $17.0M | 1% |
| Other Revenues | $4.0M | 0% |
WDAY
| Subscription Services | $2.2B | 92% |
| Professional Services | $188.0M | 8% |
