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> Look at Salesforce, Workday, Amazon, etc. They are all negative or razor thin. Oracle and SAP are used to 85% gross margin on software. Workday has a profit
by dj_axl 13y ago
> Look at Salesforce, Workday, Amazon, etc. They are all negative or razor thin. Oracle and SAP are used to 85% gross margin on software.
Workday has a profit margin of 62% versus Oracle's profit margin of 82%. It's less but it's not that big of a gap.
- mbesto 13y agoHuh? Workday has never turned a profit... and AFAIK do not report gross margins (for support contracts) the same way SAP/Oracle do... https://www.google.com/finance?cid=401330883723564 https://www.google.com/finance?cid=401330883723564