Strategy (MSTR) vs Workday (WDAY)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Workday (WDAY) has outperformed Strategy (MSTR) over the past year, losing 21.0% versus a loss of 53.3%. Over five years, MSTR leads with a +104.5% price change compared with -32.0% for WDAY. Strategy is the larger company by market cap ($59.40 billion vs $44.99 billion), about 1.3 times the size, while Workday is growing revenue faster (+13.1% vs +3.0%).
On valuation, Strategy trades at a lower forward P/E (3.0x vs 14.1x for Workday). Workday converts more of its revenue into profit, with a net margin of 7.3% versus -806.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | MSTR | WDAY |
|---|---|---|
| Share price | $148.96 | $186.68 |
| Market cap | $59.40B | $44.99B |
| 1-day change | -2.88% | +1.31% |
| YTD return | +0.93% | -14.21% |
| 1-year return | -53.30% | -20.98% |
| 5-year return | +104.53% | -32.00% |
| P/E ratio (TTM) | — | 38.02 |
| Forward P/E | 3.01 | 14.11 |
| EPS (TTM) | $-99.08 | $4.91 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $477.23M | $9.55B |
| Revenue growth (YoY) | +2.97% | +13.09% |
| Net income (latest FY) | $-3.85B | $693.00M |
| Gross margin | 68.69% | — |
| Operating margin | -1140.82% | 7.55% |
| Net margin | -806.35% | 7.26% |
| 52-week high | $328.99 | $247.40 |
| 52-week low | $81.81 | $110.36 |
| Distance from 52-week high | -54.72% | -24.54% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +58.97% | +11.56% |
| Average volume | 21.60M | 3.89M |
| Shares outstanding | 379.11M | 196.00M |
| Employees | 1,539 | 20,896 |
| Sector | Technology | Technology |
| Industry | Computer Software: Prepackaged Software | EDP Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- WDAY has outperformed MSTR by 32.3 percentage points over the past year.
- Workday is more profitable, keeping 7.3 cents of every revenue dollar as net income versus -806.3 cents for Strategy.
- Workday grew revenue faster in its latest fiscal year (+13.09% vs +2.97%).
About Strategy
MSTR stock →Strategy Inc, together with its subsidiaries, operates as a bitcoin treasury company in the United States, Europe, the Middle East, Africa, and internationally. It offers investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed income instruments.
Technology · Computer Software: Prepackaged Software · 1,539 employees
About Workday
WDAY stock →Workday, Inc. provides enterprise cloud applications in the United States and internationally.
Technology · EDP Services · 20,896 employees
MSTR vs WDAY FAQ
Which is bigger, Strategy or Workday?
Strategy (MSTR) is larger, with a market capitalization of $59.40B compared with $44.99B for Workday (WDAY).
Which stock has performed better over the past year, MSTR or WDAY?
WDAY returned -20.98% over the past 12 months, compared with -53.30% for MSTR (price return, excluding dividends). Past performance does not predict future results.
Are Strategy and Workday in the same industry?
Both are in the Technology sector, but in different industries: Computer Software: Prepackaged Software for Strategy and EDP Services for Workday.