Workday, Inc. WDAY
Workday is the enterprise AI platform for managing people, money, and agents. Workday provides more than 11,500 organizations with cloud solutions powered by artificial intelligence ("AI") to help solve some of today's most complex business challenges, including supporting and empowering their workforce, managing their finances and spend in an ever-changing environment, and planning for the unexpected.
We strive to reimagine how work gets done and hope to empower customers to do the same through an innovative suite of solutions with more than 75 million users under contract around the world and across industries – from emerging and medium-sized businesses to more than 65% of the Fortune 500. Central to our purpose is a set of core values – with our employees as number one – along with customer service, innovation, integrity, fun, and profitability. We believe that happy employees lead to happy customers, and we are committed to helping our customers adapt and thrive in this increasingly dynamic business environment.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.55B | $8.45B | $7.26B | $6.22B | $5.14B | $4.32B | $3.63B | $2.82B | $2.14B | $1.57B |
| R&D | $2.68B | $2.63B | $2.46B | $2.25B | $1.88B | $1.72B | $1.55B | $1.21B | $910.6M | $680.5M |
| SG&A | $912.0M | $820.0M | $702.0M | $599.0M | $486.0M | $414.1M | $367.7M | $347.3M | $222.9M | $198.1M |
| Total operating expenses | $8.83B | $8.03B | $7.08B | $6.44B | $5.25B | $4.57B | $4.13B | $3.29B | $2.45B | $1.93B |
| Operating income | $721.0M | $415.0M | $183.0M | -$222.0M | -$116.0M | -$248.6M | -$502.2M | -$463.3M | -$303.2M | -$353.1M |
| Interest expense | $114.0M | $114.0M | $114.0M | $102.0M | $17.0M | $68.8M | $58.7M | $60.2M | $44.5M | $30.1M |
| Pre-tax income | $1.01B | $638.0M | $356.0M | -$260.0M | $16.0M | -$275.1M | -$482.4M | -$423.8M | -$314.8M | -$385.5M |
| Income tax | $316.0M | $112.0M | $1.02B | $107.0M | $13.0M | $7.3M | $1.8M | $5.5M | $6.4M | $814.0K |
| Net income | $693.0M | $526.0M | $1.38B | -$367.0M | $29.0M | -$282.4M | -$480.7M | -$418.3M | -$321.2M | -$384.7M |
| EPS, basic | 2.61 | 1.98 | 5.28 | -1.44 | 0.12 | -1.19 | -2.12 | — | — | — |
| EPS, diluted | 2.59 | 1.95 | 5.21 | -1.44 | 0.12 | -1.19 | -2.12 | -1.93 | -1.55 | -1.94 |
| Shares, diluted (wtd. avg.) | 268.1M | 269.2M | 265.3M | 254.8M | 254.0M | 237.0M | 227.2M | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.50B | $1.54B | $2.01B | $1.90B | $1.54B | $1.39B | $734.7M | $642.2M | $1.14B | $541.9M |
| Short-term investments | $3.94B | $6.47B | $5.80B | $4.24B | $2.11B | $2.15B | $1.21B | — | — | — |
| Receivables | $2.33B | $1.95B | $1.64B | $1.57B | $1.24B | $1.03B | $877.6M | $704.7M | $528.2M | $409.8M |
| Total current assets | $8.43B | $10.54B | $9.94B | $8.11B | $5.21B | $4.80B | $3.09B | $2.70B | $3.96B | $2.52B |
| Property, plant and equipment | $1.09B | $1.24B | $1.23B | $1.20B | $1.12B | $972.4M | $936.2M | $796.9M | $546.6M | $365.9M |
| Goodwill | $5.23B | $3.48B | $2.85B | $2.84B | $2.84B | $1.82B | $1.82B | $1.38B | $159.4M | $107.7M |
| Other intangibles | — | — | — | — | — | — | $308.4M | $313.2M | $34.2M | $48.8M |
| Total assets | $18.07B | $17.98B | $16.45B | $13.49B | $10.50B | $8.72B | $6.82B | $5.52B | $4.95B | $3.27B |
| Accounts payable | $142.0M | $108.0M | $78.0M | $154.0M | $55.5M | $75.6M | $57.6M | $29.1M | $21.0M | $26.8M |
| Short-term debt | — | — | — | $0 | $1.22B | $1.10B | $244.3M | — | — | — |
| Total current liabilities | $6.38B | $5.55B | $5.05B | $4.63B | $5.07B | $4.28B | $2.97B | $2.43B | $2.06B | $1.29B |
| Long-term debt | $2.99B | $2.98B | $2.98B | $2.98B | $617.4M | $691.9M | $1.02B | — | — | — |
| Total liabilities | $10.27B | $8.94B | $8.37B | $7.90B | $5.96B | $5.44B | $4.33B | $3.56B | $3.37B | $1.99B |
| Retained earnings | -$512.0M | -$1.21B | -$1.73B | -$3.11B | -$2.74B | -$2.91B | -$2.63B | -$2.15B | -$1.73B | -$1.41B |
| Total equity | $7.80B | $9.03B | $8.08B | $5.58B | $4.54B | $3.28B | $2.49B | $1.96B | $1.58B | $1.28B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.94B | $2.46B | $2.15B | $1.66B | $1.65B | $1.27B | $864.6M | $606.7M | $465.7M | $350.6M |
| Depreciation and amortisation | $237.0M | $243.0M | $203.0M | $275.0M | $263.0M | $231.0M | $201.0M | $147.0M | $115.0M | $92.0M |
| Stock-based compensation | $1.63B | $1.52B | $1.42B | $1.29B | $1.10B | $1.00B | $859.6M | $652.5M | $478.4M | $372.3M |
| Capital expenditure | $162.0M | $269.0M | $232.0M | $364.0M | — | — | — | $202.5M | $141.5M | $120.8M |
| Investing cash flow | $333.0M | -$1.78B | -$1.75B | -$2.51B | -$1.61B | -$1.24B | -$896.9M | -$842.8M | -$979.0M | -$168.9M |
| Financing cash flow | -$3.32B | -$1.15B | -$268.0M | $1.20B | $110.0M | $625.0M | $125.1M | -$256.7M | $1.11B | $59.7M |
| Buybacks | $2.90B | $700.0M | $423.0M | $75.0M | $0 | $0 | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-055687.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.57B | $2.14B | $2.82B | $3.63B | $4.32B | $5.14B | $6.22B | $7.26B | $8.45B | $9.55B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | -$384.7M | -$321.2M | -$418.3M | -$480.7M | -$282.4M | $29.0M | -$367.0M | $1.38B | $526.0M | $693.0M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Results announced Item 2.02
- Officer or director change Item 5.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced Item 2.02
- Restructuring or exit costs A restructuring: layoffs, a plant closure, a business being wound down. Item 2.05
- Material impairment The company has written down the carrying value of an asset - often goodwill from an acquisition that did not work out. Item 2.06
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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