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Side-by-side financial comparison of Under Armour, Inc. (UAA) 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 $1.3B, roughly 1.8× Under Armour, Inc.). Workday, Inc. runs the higher net margin — 10.4% vs -32.4%, a 42.8% gap on every dollar of revenue. On growth, Workday, Inc. posted the faster year-over-year revenue change (12.6% vs -5.2%). Workday, Inc. produced more free cash flow last quarter ($550.0M vs $261.9M). Over the past eight quarters, Workday, Inc.'s revenue compounded faster (12.5% CAGR vs -0.2%).
Under Armour, Inc. is an American sportswear company that manufactures footwear and apparel headquartered in Baltimore, Maryland, United States.
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.
UAA vs WDAY — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $2.4B |
| Net Profit | $-430.8M | $252.0M |
| Gross Margin | 44.4% | — |
| Operating Margin | -11.3% | 10.6% |
| Net Margin | -32.4% | 10.4% |
| Revenue YoY | -5.2% | 12.6% |
| Net Profit YoY | -35013.0% | 30.6% |
| EPS (diluted) | $-1.01 | $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 | $1.3B | $2.4B | ||
| Q3 25 | $1.3B | $2.3B | ||
| Q2 25 | $1.1B | $2.2B | ||
| Q1 25 | $1.2B | $2.2B | ||
| Q4 24 | $1.4B | $2.2B | ||
| Q3 24 | $1.4B | $2.1B | ||
| Q2 24 | $1.2B | $2.0B | ||
| Q1 24 | $1.3B | $1.9B |
| Q4 25 | $-430.8M | $252.0M | ||
| Q3 25 | $-18.8M | $228.0M | ||
| Q2 25 | $-2.6M | $68.0M | ||
| Q1 25 | $-67.5M | $94.0M | ||
| Q4 24 | $1.2M | $193.0M | ||
| Q3 24 | $170.4M | $132.0M | ||
| Q2 24 | $-305.4M | $107.0M | ||
| Q1 24 | $6.6M | $1.2B |
| Q4 25 | 44.4% | — | ||
| Q3 25 | 47.3% | — | ||
| Q2 25 | 48.2% | — | ||
| Q1 25 | 46.7% | — | ||
| Q4 24 | 47.5% | — | ||
| Q3 24 | 49.8% | — | ||
| Q2 24 | 47.5% | — | ||
| Q1 24 | 45.0% | — |
| Q4 25 | -11.3% | 10.6% | ||
| Q3 25 | 1.3% | 10.6% | ||
| Q2 25 | 0.3% | 1.7% | ||
| Q1 25 | -6.1% | 3.4% | ||
| Q4 24 | 1.0% | 7.6% | ||
| Q3 24 | 12.4% | 5.3% | ||
| Q2 24 | -25.3% | 3.2% | ||
| Q1 24 | -0.3% | 4.1% |
| Q4 25 | -32.4% | 10.4% | ||
| Q3 25 | -1.4% | 9.7% | ||
| Q2 25 | -0.2% | 3.0% | ||
| Q1 25 | -5.7% | 4.3% | ||
| Q4 24 | 0.1% | 8.9% | ||
| Q3 24 | 12.2% | 6.3% | ||
| Q2 24 | -25.8% | 5.4% | ||
| Q1 24 | 0.5% | 61.8% |
| Q4 25 | $-1.01 | $0.94 | ||
| Q3 25 | $-0.04 | $0.84 | ||
| Q2 25 | $-0.01 | $0.25 | ||
| Q1 25 | $-0.16 | $0.34 | ||
| Q4 24 | $0.00 | $0.72 | ||
| Q3 24 | $0.39 | $0.49 | ||
| Q2 24 | $-0.70 | $0.40 | ||
| Q1 24 | $0.02 | $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 | $464.6M | $6.8B |
| Total DebtLower is stronger | $989.7M | — |
| Stockholders' EquityBook value | $1.4B | $8.9B |
| Total Assets | $4.6B | $17.8B |
| Debt / EquityLower = less leverage | 0.69× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $464.6M | $6.8B | ||
| Q3 25 | $396.0M | $8.2B | ||
| Q2 25 | $911.0M | $8.0B | ||
| Q1 25 | $501.4M | $8.0B | ||
| Q4 24 | $726.9M | $7.2B | ||
| Q3 24 | $530.7M | $7.4B | ||
| Q2 24 | $884.6M | $7.2B | ||
| Q1 24 | $858.7M | $7.8B |
| Q4 25 | $989.7M | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $989.2M | — | ||
| Q1 25 | $595.1M | — | ||
| Q4 24 | $595.2M | — | ||
| Q3 24 | $594.6M | — | ||
| Q2 24 | $595.4M | $3.0B | ||
| Q1 24 | $675.8M | $3.0B |
| Q4 25 | $1.4B | $8.9B | ||
| Q3 25 | $1.9B | $9.2B | ||
| Q2 25 | $1.9B | $8.9B | ||
| Q1 25 | $1.9B | $9.0B | ||
| Q4 24 | $2.0B | $8.6B | ||
| Q3 24 | $2.0B | $8.3B | ||
| Q2 24 | $1.8B | $8.2B | ||
| Q1 24 | $2.2B | $8.1B |
| Q4 25 | $4.6B | $17.8B | ||
| Q3 25 | $4.9B | $18.0B | ||
| Q2 25 | $4.9B | $17.2B | ||
| Q1 25 | $4.3B | $18.0B | ||
| Q4 24 | $4.6B | $16.4B | ||
| Q3 24 | $4.5B | $16.2B | ||
| Q2 24 | $4.9B | $15.9B | ||
| Q1 24 | $4.8B | $16.5B |
| Q4 25 | 0.69× | — | ||
| Q3 25 | 0.64× | — | ||
| Q2 25 | 0.53× | — | ||
| Q1 25 | 0.31× | — | ||
| Q4 24 | 0.30× | — | ||
| Q3 24 | 0.30× | — | ||
| Q2 24 | 0.33× | 0.37× | ||
| Q1 24 | 0.31× | 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 | $278.1M | $588.0M |
| Free Cash FlowOCF − Capex | $261.9M | $550.0M |
| FCF MarginFCF / Revenue | 19.7% | 22.6% |
| Capex IntensityCapex / Revenue | 1.2% | 1.6% |
| Cash ConversionOCF / Net Profit | — | 2.33× |
| TTM Free Cash FlowTrailing 4 quarters | $-45.9M | $2.6B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $278.1M | $588.0M | ||
| Q3 25 | $-69.8M | $616.0M | ||
| Q2 25 | $48.9M | $457.0M | ||
| Q1 25 | $-202.2M | $1.1B | ||
| Q4 24 | $311.3M | $406.0M | ||
| Q3 24 | $-321.4M | $571.0M | ||
| Q2 24 | $153.0M | $372.0M | ||
| Q1 24 | $-122.9M | $995.6M |
| Q4 25 | $261.9M | $550.0M | ||
| Q3 25 | $-90.3M | $588.0M | ||
| Q2 25 | $13.5M | $421.0M | ||
| Q1 25 | $-231.0M | $1.0B | ||
| Q4 24 | $262.9M | $359.0M | ||
| Q3 24 | $-367.2M | $516.0M | ||
| Q2 24 | $107.3M | $291.0M | ||
| Q1 24 | $-156.7M | $947.6M |
| Q4 25 | 19.7% | 22.6% | ||
| Q3 25 | -6.8% | 25.0% | ||
| Q2 25 | 1.2% | 18.8% | ||
| Q1 25 | -19.6% | 46.4% | ||
| Q4 24 | 18.8% | 16.6% | ||
| Q3 24 | -26.2% | 24.7% | ||
| Q2 24 | 9.1% | 14.6% | ||
| Q1 24 | -11.8% | 49.3% |
| Q4 25 | 1.2% | 1.6% | ||
| Q3 25 | 1.5% | 1.2% | ||
| Q2 25 | 3.1% | 1.6% | ||
| Q1 25 | 2.4% | 3.9% | ||
| Q4 24 | 3.5% | 2.2% | ||
| Q3 24 | 3.3% | 2.6% | ||
| Q2 24 | 3.9% | 4.1% | ||
| Q1 24 | 2.5% | 2.5% |
| Q4 25 | — | 2.33× | ||
| Q3 25 | — | 2.70× | ||
| Q2 25 | — | 6.72× | ||
| Q1 25 | — | 11.83× | ||
| Q4 24 | 252.26× | 2.10× | ||
| Q3 24 | -1.89× | 4.33× | ||
| Q2 24 | — | 3.48× | ||
| Q1 24 | -18.71× | 0.84× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
UAA
| Apparel | $934.0M | 70% |
| Footwear | $265.1M | 20% |
| Accessories | $107.7M | 8% |
| License | $27.2M | 2% |
WDAY
| Subscription Services | $2.2B | 92% |
| Professional Services | $188.0M | 8% |
