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Side-by-side financial comparison of SEALED AIR CORP (SEE) 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 $1.4B, roughly 1.7× SEALED AIR CORP). Workday, Inc. runs the higher net margin — 10.4% vs 3.1%, a 7.2% gap on every dollar of revenue. On growth, Workday, Inc. posted the faster year-over-year revenue change (12.6% vs 2.6%). Workday, Inc. produced more free cash flow last quarter ($550.0M vs $257.7M). Over the past eight quarters, Workday, Inc.'s revenue compounded faster (12.5% CAGR vs 2.7%).
Sealed Air Corporation is a global provider of innovative packaging and protective solutions. Its core offerings include cushioning materials, food safety and preservation packaging, and sustainable waste-reducing packaging systems, serving retail, e-commerce, food and beverage, and industrial manufacturing markets worldwide.
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.
SEE vs WDAY — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $2.4B |
| Net Profit | $43.8M | $252.0M |
| Gross Margin | 28.6% | — |
| Operating Margin | 11.4% | 10.6% |
| Net Margin | 3.1% | 10.4% |
| Revenue YoY | 2.6% | 12.6% |
| Net Profit YoY | 700.0% | 30.6% |
| EPS (diluted) | $0.30 | $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 | $1.4B | $2.4B | ||
| Q3 25 | $1.3B | $2.3B | ||
| Q2 25 | $1.3B | $2.2B | ||
| Q1 25 | $1.3B | $2.2B | ||
| Q4 24 | $1.4B | $2.2B | ||
| Q3 24 | $1.3B | $2.1B | ||
| Q2 24 | $1.3B | $2.0B | ||
| Q1 24 | $1.3B | $1.9B |
| Q4 25 | $43.8M | $252.0M | ||
| Q3 25 | $255.1M | $228.0M | ||
| Q2 25 | $93.1M | $68.0M | ||
| Q1 25 | $113.5M | $94.0M | ||
| Q4 24 | $-7.3M | $193.0M | ||
| Q3 24 | $91.7M | $132.0M | ||
| Q2 24 | $98.3M | $107.0M | ||
| Q1 24 | $82.0M | $1.2B |
| Q4 25 | 28.6% | — | ||
| Q3 25 | 29.8% | — | ||
| Q2 25 | 30.7% | — | ||
| Q1 25 | 30.9% | — | ||
| Q4 24 | 30.0% | — | ||
| Q3 24 | 30.1% | — | ||
| Q2 24 | 31.2% | — | ||
| Q1 24 | 30.3% | — |
| Q4 25 | 11.4% | 10.6% | ||
| Q3 25 | 13.8% | 10.6% | ||
| Q2 25 | 15.0% | 1.7% | ||
| Q1 25 | 14.5% | 3.4% | ||
| Q4 24 | 11.7% | 7.6% | ||
| Q3 24 | 13.9% | 5.3% | ||
| Q2 24 | 15.4% | 3.2% | ||
| Q1 24 | 14.0% | 4.1% |
| Q4 25 | 3.1% | 10.4% | ||
| Q3 25 | 19.0% | 9.7% | ||
| Q2 25 | 7.0% | 3.0% | ||
| Q1 25 | 9.0% | 4.3% | ||
| Q4 24 | -0.5% | 8.9% | ||
| Q3 24 | 6.9% | 6.3% | ||
| Q2 24 | 7.4% | 5.4% | ||
| Q1 24 | 6.2% | 61.8% |
| Q4 25 | $0.30 | $0.94 | ||
| Q3 25 | $1.73 | $0.84 | ||
| Q2 25 | $0.63 | $0.25 | ||
| Q1 25 | $0.77 | $0.34 | ||
| Q4 24 | $-0.05 | $0.72 | ||
| Q3 24 | $0.63 | $0.49 | ||
| Q2 24 | $0.67 | $0.40 | ||
| Q1 24 | $0.56 | $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 | $344.0M | $6.8B |
| Total DebtLower is stronger | $3.3B | — |
| Stockholders' EquityBook value | $1.2B | $8.9B |
| Total Assets | $7.0B | $17.8B |
| Debt / EquityLower = less leverage | 2.65× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $344.0M | $6.8B | ||
| Q3 25 | $282.5M | $8.2B | ||
| Q2 25 | $354.4M | $8.0B | ||
| Q1 25 | $335.2M | $8.0B | ||
| Q4 24 | $371.8M | $7.2B | ||
| Q3 24 | $386.0M | $7.4B | ||
| Q2 24 | $388.6M | $7.2B | ||
| Q1 24 | $352.8M | $7.8B |
| Q4 25 | $3.3B | — | ||
| Q3 25 | $4.0B | — | ||
| Q2 25 | $4.0B | — | ||
| Q1 25 | $4.2B | — | ||
| Q4 24 | $4.2B | — | ||
| Q3 24 | $4.3B | — | ||
| Q2 24 | $4.4B | $3.0B | ||
| Q1 24 | $4.5B | $3.0B |
| Q4 25 | $1.2B | $8.9B | ||
| Q3 25 | $1.2B | $9.2B | ||
| Q2 25 | $953.1M | $8.9B | ||
| Q1 25 | $797.9M | $9.0B | ||
| Q4 24 | $624.5M | $8.6B | ||
| Q3 24 | $771.2M | $8.3B | ||
| Q2 24 | $650.1M | $8.2B | ||
| Q1 24 | $598.3M | $8.1B |
| Q4 25 | $7.0B | $17.8B | ||
| Q3 25 | $7.1B | $18.0B | ||
| Q2 25 | $7.2B | $17.2B | ||
| Q1 25 | $7.0B | $18.0B | ||
| Q4 24 | $7.0B | $16.4B | ||
| Q3 24 | $7.3B | $16.2B | ||
| Q2 24 | $7.3B | $15.9B | ||
| Q1 24 | $7.2B | $16.5B |
| Q4 25 | 2.65× | — | ||
| Q3 25 | 3.34× | — | ||
| Q2 25 | 4.18× | — | ||
| Q1 25 | 5.26× | — | ||
| Q4 24 | 6.72× | — | ||
| Q3 24 | 5.62× | — | ||
| Q2 24 | 6.81× | 0.37× | ||
| Q1 24 | 7.49× | 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 | $293.6M | $588.0M |
| Free Cash FlowOCF − Capex | $257.7M | $550.0M |
| FCF MarginFCF / Revenue | 18.5% | 22.6% |
| Capex IntensityCapex / Revenue | 2.6% | 1.6% |
| Cash ConversionOCF / Net Profit | 6.70× | 2.33× |
| TTM Free Cash FlowTrailing 4 quarters | $458.5M | $2.6B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $293.6M | $588.0M | ||
| Q3 25 | $165.9M | $616.0M | ||
| Q2 25 | $136.6M | $457.0M | ||
| Q1 25 | $31.9M | $1.1B | ||
| Q4 24 | $244.2M | $406.0M | ||
| Q3 24 | $170.5M | $571.0M | ||
| Q2 24 | $188.2M | $372.0M | ||
| Q1 24 | $125.1M | $995.6M |
| Q4 25 | $257.7M | $550.0M | ||
| Q3 25 | $119.6M | $588.0M | ||
| Q2 25 | $93.2M | $421.0M | ||
| Q1 25 | $-12.0M | $1.0B | ||
| Q4 24 | $185.1M | $359.0M | ||
| Q3 24 | $115.2M | $516.0M | ||
| Q2 24 | $129.5M | $291.0M | ||
| Q1 24 | $78.0M | $947.6M |
| Q4 25 | 18.5% | 22.6% | ||
| Q3 25 | 8.9% | 25.0% | ||
| Q2 25 | 7.0% | 18.8% | ||
| Q1 25 | -0.9% | 46.4% | ||
| Q4 24 | 13.6% | 16.6% | ||
| Q3 24 | 8.6% | 24.7% | ||
| Q2 24 | 9.7% | 14.6% | ||
| Q1 24 | 5.9% | 49.3% |
| Q4 25 | 2.6% | 1.6% | ||
| Q3 25 | 3.4% | 1.2% | ||
| Q2 25 | 3.3% | 1.6% | ||
| Q1 25 | 3.5% | 3.9% | ||
| Q4 24 | 4.4% | 2.2% | ||
| Q3 24 | 4.1% | 2.6% | ||
| Q2 24 | 4.4% | 4.1% | ||
| Q1 24 | 3.6% | 2.5% |
| Q4 25 | 6.70× | 2.33× | ||
| Q3 25 | 0.65× | 2.70× | ||
| Q2 25 | 1.47× | 6.72× | ||
| Q1 25 | 0.28× | 11.83× | ||
| Q4 24 | — | 2.10× | ||
| Q3 24 | 1.86× | 4.33× | ||
| Q2 24 | 1.91× | 3.48× | ||
| Q1 24 | 1.53× | 0.84× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SEE
| Protective Segment | $1.1B | 78% |
| Other | $292.0M | 21% |
| Pension Plans Defined Benefit | $7.9M | 1% |
WDAY
| Subscription Services | $2.2B | 92% |
| Professional Services | $188.0M | 8% |
