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Side-by-side financial comparison of Veralto (VLTO) 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× Veralto). Veralto runs the higher net margin — 17.9% vs 10.4%, a 7.5% gap on every dollar of revenue. On growth, Workday, Inc. posted the faster year-over-year revenue change (12.6% vs 6.8%). Workday, Inc. produced more free cash flow last quarter ($550.0M vs $170.0M). Over the past eight quarters, Workday, Inc.'s revenue compounded faster (12.5% CAGR vs 6.8%).
Veralto Corporation is an American technology company headquartered in Waltham, Massachusetts. It produces products related to water analytics, water treatment, marking and coding, and packaging and color.
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.
VLTO vs WDAY — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $2.4B |
| Net Profit | $254.0M | $252.0M |
| Gross Margin | 60.1% | — |
| Operating Margin | 23.8% | 10.6% |
| Net Margin | 17.9% | 10.4% |
| Revenue YoY | 6.8% | 12.6% |
| Net Profit YoY | 12.9% | 30.6% |
| EPS (diluted) | $1.02 | $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 | $1.4B | — | ||
| Q4 25 | $1.4B | $2.4B | ||
| Q3 25 | $1.4B | $2.3B | ||
| Q2 25 | $1.3B | $2.2B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | $1.3B | $2.2B | ||
| Q3 24 | $1.3B | $2.1B | ||
| Q2 24 | $1.3B | $2.0B |
| Q1 26 | $254.0M | — | ||
| Q4 25 | $239.0M | $252.0M | ||
| Q3 25 | $222.0M | $228.0M | ||
| Q2 25 | $225.0M | $68.0M | ||
| Q1 25 | — | $94.0M | ||
| Q4 24 | $227.0M | $193.0M | ||
| Q3 24 | $219.0M | $132.0M | ||
| Q2 24 | $203.0M | $107.0M |
| Q1 26 | 60.1% | — | ||
| Q4 25 | 60.1% | — | ||
| Q3 25 | 60.0% | — | ||
| Q2 25 | 60.4% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 59.6% | — | ||
| Q3 24 | 59.6% | — | ||
| Q2 24 | 60.1% | — |
| Q1 26 | 23.8% | — | ||
| Q4 25 | 23.2% | 10.6% | ||
| Q3 25 | 22.8% | 10.6% | ||
| Q2 25 | 24.2% | 1.7% | ||
| Q1 25 | — | 3.4% | ||
| Q4 24 | 22.9% | 7.6% | ||
| Q3 24 | 23.4% | 5.3% | ||
| Q2 24 | 23.2% | 3.2% |
| Q1 26 | 17.9% | — | ||
| Q4 25 | 17.0% | 10.4% | ||
| Q3 25 | 16.2% | 9.7% | ||
| Q2 25 | 16.9% | 3.0% | ||
| Q1 25 | — | 4.3% | ||
| Q4 24 | 16.9% | 8.9% | ||
| Q3 24 | 16.7% | 6.3% | ||
| Q2 24 | 15.8% | 5.4% |
| Q1 26 | $1.02 | — | ||
| Q4 25 | $0.95 | $0.94 | ||
| Q3 25 | $0.89 | $0.84 | ||
| Q2 25 | $0.90 | $0.25 | ||
| Q1 25 | — | $0.34 | ||
| Q4 24 | $0.91 | $0.72 | ||
| Q3 24 | $0.88 | $0.49 | ||
| Q2 24 | $0.81 | $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 | — | $6.8B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $8.9B |
| Total Assets | — | $17.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $6.8B | ||
| Q3 25 | $1.6B | $8.2B | ||
| Q2 25 | $1.2B | $8.0B | ||
| Q1 25 | — | $8.0B | ||
| Q4 24 | $1.1B | $7.2B | ||
| Q3 24 | $1.3B | $7.4B | ||
| Q2 24 | $1.0B | $7.2B |
| Q1 26 | — | — | ||
| Q4 25 | $2.7B | — | ||
| Q3 25 | $2.7B | — | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.6B | — | ||
| Q2 24 | $2.6B | $3.0B |
| Q1 26 | — | — | ||
| Q4 25 | $2.8B | $8.9B | ||
| Q3 25 | $2.7B | $9.2B | ||
| Q2 25 | $2.3B | $8.9B | ||
| Q1 25 | — | $9.0B | ||
| Q4 24 | $2.0B | $8.6B | ||
| Q3 24 | $2.0B | $8.3B | ||
| Q2 24 | $1.7B | $8.2B |
| Q1 26 | — | — | ||
| Q4 25 | $7.4B | $17.8B | ||
| Q3 25 | $7.2B | $18.0B | ||
| Q2 25 | $6.6B | $17.2B | ||
| Q1 25 | — | $18.0B | ||
| Q4 24 | $6.4B | $16.4B | ||
| Q3 24 | $6.3B | $16.2B | ||
| Q2 24 | $5.9B | $15.9B |
| Q1 26 | — | — | ||
| Q4 25 | 0.94× | — | ||
| Q3 25 | 1.01× | — | ||
| Q2 25 | 1.14× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.28× | — | ||
| Q3 24 | 1.35× | — | ||
| Q2 24 | 1.57× | 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 | $182.0M | $588.0M |
| Free Cash FlowOCF − Capex | $170.0M | $550.0M |
| FCF MarginFCF / Revenue | 12.0% | 22.6% |
| Capex IntensityCapex / Revenue | 0.8% | 1.6% |
| Cash ConversionOCF / Net Profit | 0.72× | 2.33× |
| TTM Free Cash FlowTrailing 4 quarters | $893.0M | $2.6B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $182.0M | — | ||
| Q4 25 | $270.0M | $588.0M | ||
| Q3 25 | $339.0M | $616.0M | ||
| Q2 25 | $157.0M | $457.0M | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | $285.0M | $406.0M | ||
| Q3 24 | $224.0M | $571.0M | ||
| Q2 24 | $251.0M | $372.0M |
| Q1 26 | $170.0M | — | ||
| Q4 25 | $258.0M | $550.0M | ||
| Q3 25 | $323.0M | $588.0M | ||
| Q2 25 | $142.0M | $421.0M | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | $263.0M | $359.0M | ||
| Q3 24 | $215.0M | $516.0M | ||
| Q2 24 | $240.0M | $291.0M |
| Q1 26 | 12.0% | — | ||
| Q4 25 | 18.4% | 22.6% | ||
| Q3 25 | 23.6% | 25.0% | ||
| Q2 25 | 10.7% | 18.8% | ||
| Q1 25 | — | 46.4% | ||
| Q4 24 | 19.6% | 16.6% | ||
| Q3 24 | 16.4% | 24.7% | ||
| Q2 24 | 18.6% | 14.6% |
| Q1 26 | 0.8% | — | ||
| Q4 25 | 0.9% | 1.6% | ||
| Q3 25 | 1.2% | 1.2% | ||
| Q2 25 | 1.1% | 1.6% | ||
| Q1 25 | — | 3.9% | ||
| Q4 24 | 1.6% | 2.2% | ||
| Q3 24 | 0.7% | 2.6% | ||
| Q2 24 | 0.9% | 4.1% |
| Q1 26 | 0.72× | — | ||
| Q4 25 | 1.13× | 2.33× | ||
| Q3 25 | 1.53× | 2.70× | ||
| Q2 25 | 0.70× | 6.72× | ||
| Q1 25 | — | 11.83× | ||
| Q4 24 | 1.26× | 2.10× | ||
| Q3 24 | 1.02× | 4.33× | ||
| Q2 24 | 1.24× | 3.48× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
VLTO
Segment breakdown not available.
WDAY
| Subscription Services | $2.2B | 92% |
| Professional Services | $188.0M | 8% |
