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Side-by-side financial comparison of PulteGroup (PHM) and Workday, Inc. (WDAY). Click either name above to swap in a different company.
PulteGroup is the larger business by last-quarter revenue ($3.4B vs $2.4B, roughly 1.4× Workday, Inc.). Workday, Inc. runs the higher net margin — 10.4% vs 10.2%, a 0.2% gap on every dollar of revenue. On growth, Workday, Inc. posted the faster year-over-year revenue change (12.6% vs -12.4%). Over the past eight quarters, Workday, Inc.'s revenue compounded faster (12.5% CAGR vs -13.9%).
PulteGroup, Inc. is an American residential home-construction company based in Atlanta, Georgia, United States. As of 2023, the company is the third-largest home-construction company in the United States based on the number of homes closed. In total, the company has built over 775,000 homes.
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.
PHM vs WDAY — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $3.4B | $2.4B |
| Net Profit | $347.0M | $252.0M |
| Gross Margin | — | — |
| Operating Margin | — | 10.6% |
| Net Margin | 10.2% | 10.4% |
| Revenue YoY | -12.4% | 12.6% |
| Net Profit YoY | -33.6% | 30.6% |
| EPS (diluted) | — | $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.
| Q1 26 | $3.4B | — | ||
| Q4 25 | $4.6B | $2.4B | ||
| Q3 25 | $4.4B | $2.3B | ||
| Q2 25 | $4.4B | $2.2B | ||
| Q1 25 | $3.9B | $2.2B | ||
| Q4 24 | $4.9B | $2.2B | ||
| Q3 24 | $4.5B | $2.1B | ||
| Q2 24 | $4.6B | $2.0B |
| Q1 26 | $347.0M | — | ||
| Q4 25 | $501.6M | $252.0M | ||
| Q3 25 | $585.8M | $228.0M | ||
| Q2 25 | $608.5M | $68.0M | ||
| Q1 25 | $522.8M | $94.0M | ||
| Q4 24 | $913.2M | $193.0M | ||
| Q3 24 | $697.9M | $132.0M | ||
| Q2 24 | $809.1M | $107.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 27.8% | — | ||
| Q2 25 | 28.6% | — | ||
| Q1 25 | 28.8% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 30.4% | — | ||
| Q2 24 | 31.4% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 10.6% | ||
| Q3 25 | — | 10.6% | ||
| Q2 25 | — | 1.7% | ||
| Q1 25 | — | 3.4% | ||
| Q4 24 | — | 7.6% | ||
| Q3 24 | — | 5.3% | ||
| Q2 24 | — | 3.2% |
| Q1 26 | 10.2% | — | ||
| Q4 25 | 10.9% | 10.4% | ||
| Q3 25 | 13.3% | 9.7% | ||
| Q2 25 | 13.8% | 3.0% | ||
| Q1 25 | 13.4% | 4.3% | ||
| Q4 24 | 18.6% | 8.9% | ||
| Q3 24 | 15.6% | 6.3% | ||
| Q2 24 | 17.6% | 5.4% |
| Q1 26 | — | — | ||
| Q4 25 | $2.56 | $0.94 | ||
| Q3 25 | $2.96 | $0.84 | ||
| Q2 25 | $3.03 | $0.25 | ||
| Q1 25 | $2.57 | $0.34 | ||
| Q4 24 | $4.41 | $0.72 | ||
| Q3 24 | $3.35 | $0.49 | ||
| Q2 24 | $3.83 | $0.40 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.8B | $6.8B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $13.0B | $8.9B |
| Total Assets | $5.2B | $17.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.8B | — | ||
| Q4 25 | $2.0B | $6.8B | ||
| Q3 25 | $1.5B | $8.2B | ||
| Q2 25 | $1.2B | $8.0B | ||
| Q1 25 | $1.2B | $8.0B | ||
| Q4 24 | $1.6B | $7.2B | ||
| Q3 24 | $1.4B | $7.4B | ||
| Q2 24 | $1.4B | $7.2B |
| Q1 26 | — | — | ||
| Q4 25 | $43.9M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $31.1M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $3.0B |
| Q1 26 | $13.0B | — | ||
| Q4 25 | $13.0B | $8.9B | ||
| Q3 25 | $12.8B | $9.2B | ||
| Q2 25 | $12.6B | $8.9B | ||
| Q1 25 | $12.3B | $9.0B | ||
| Q4 24 | $12.1B | $8.6B | ||
| Q3 24 | $11.6B | $8.3B | ||
| Q2 24 | $11.2B | $8.2B |
| Q1 26 | $5.2B | — | ||
| Q4 25 | $18.0B | $17.8B | ||
| Q3 25 | $17.9B | $18.0B | ||
| Q2 25 | $17.6B | $17.2B | ||
| Q1 25 | $17.3B | $18.0B | ||
| Q4 24 | $17.4B | $16.4B | ||
| Q3 24 | $17.0B | $16.2B | ||
| Q2 24 | $16.5B | $15.9B |
| Q1 26 | — | — | ||
| Q4 25 | 0.00× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 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 | $159.8M | $588.0M |
| Free Cash FlowOCF − Capex | — | $550.0M |
| FCF MarginFCF / Revenue | — | 22.6% |
| Capex IntensityCapex / Revenue | 0.7% | 1.6% |
| Cash ConversionOCF / Net Profit | 0.46× | 2.33× |
| TTM Free Cash FlowTrailing 4 quarters | — | $2.6B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $159.8M | — | ||
| Q4 25 | $771.1M | $588.0M | ||
| Q3 25 | $678.4M | $616.0M | ||
| Q2 25 | $287.5M | $457.0M | ||
| Q1 25 | $134.2M | $1.1B | ||
| Q4 24 | $567.6M | $406.0M | ||
| Q3 24 | $455.9M | $571.0M | ||
| Q2 24 | $417.5M | $372.0M |
| Q1 26 | — | — | ||
| Q4 25 | $739.8M | $550.0M | ||
| Q3 25 | $651.1M | $588.0M | ||
| Q2 25 | $253.0M | $421.0M | ||
| Q1 25 | $104.6M | $1.0B | ||
| Q4 24 | $543.1M | $359.0M | ||
| Q3 24 | $417.2M | $516.0M | ||
| Q2 24 | $386.2M | $291.0M |
| Q1 26 | — | — | ||
| Q4 25 | 16.0% | 22.6% | ||
| Q3 25 | 14.8% | 25.0% | ||
| Q2 25 | 5.7% | 18.8% | ||
| Q1 25 | 2.7% | 46.4% | ||
| Q4 24 | 11.0% | 16.6% | ||
| Q3 24 | 9.3% | 24.7% | ||
| Q2 24 | 8.4% | 14.6% |
| Q1 26 | 0.7% | — | ||
| Q4 25 | 0.7% | 1.6% | ||
| Q3 25 | 0.6% | 1.2% | ||
| Q2 25 | 0.8% | 1.6% | ||
| Q1 25 | 0.8% | 3.9% | ||
| Q4 24 | 0.5% | 2.2% | ||
| Q3 24 | 0.9% | 2.6% | ||
| Q2 24 | 0.7% | 4.1% |
| Q1 26 | 0.46× | — | ||
| Q4 25 | 1.54× | 2.33× | ||
| Q3 25 | 1.16× | 2.70× | ||
| Q2 25 | 0.47× | 6.72× | ||
| Q1 25 | 0.26× | 11.83× | ||
| Q4 24 | 0.62× | 2.10× | ||
| Q3 24 | 0.65× | 4.33× | ||
| Q2 24 | 0.52× | 3.48× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PHM
| Home sale revenues | $3.3B | 97% |
| Financial Services | $71.7M | 2% |
| Land sale and other revenues | $29.3M | 1% |
WDAY
| Subscription Services | $2.2B | 92% |
| Professional Services | $188.0M | 8% |
