Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Workday Inc., consolidated balance sheet: assets (quarterly data)

US$ in millions

	Jul 31, 2025	Apr 30, 2025	Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019	Apr 30, 2019
Cash and cash equivalents	1,264)	972)	1,543)	1,311)	1,635)	1,752)	2,012)	1,564)	1,436)	1,444)	1,886)	1,576)	2,487)	2,776)	1,534)	1,297)	1,087)	959)	1,384)	1,067)	1,240)	1,214)	731)	913)	620)	782)
Marketable securities	6,922)	6,998)	6,474)	5,846)	5,738)	5,430)	5,801)	5,316)	5,221)	4,885)	4,235)	3,916)	3,806)	3,479)	2,110)	2,258)	2,221)	2,035)	2,151)	1,881)	1,514)	1,385)	1,213)	1,192)	1,307)	1,110)
Trade and other receivables, net	1,609)	1,363)	1,950)	1,404)	1,292)	1,133)	1,639)	1,225)	1,271)	1,089)	1,570)	1,040)	1,105)	778)	1,243)	865)	873)	647)	1,032)	743)	694)	584)	878)	616)	613)	543)
Deferred costs, current	278)	268)	267)	244)	237)	232)	232)	208)	199)	192)	191)	171)	165)	157)	153)	136)	130)	124)	123)	110)	105)	101)	100)	90)	86)	82)
Prepaid expenses and other current assets	334)	362)	311)	273)	298)	327)	255)	262)	255)	263)	226)	267)	241)	253)	174)	138)	150)	140)	111)	158)	161)	167)	172)	145)	164)	148)
Current assets	10,407)	9,963)	10,545)	9,078)	9,200)	8,874)	9,939)	8,574)	8,382)	7,873)	8,108)	6,970)	7,805)	7,443)	5,214)	4,694)	4,461)	3,906)	4,802)	3,958)	3,714)	3,450)	3,095)	2,955)	2,789)	2,665)
Property and equipment, net	1,121)	1,140)	1,239)	1,263)	1,259)	1,238)	1,234)	1,207)	1,222)	1,218)	1,201)	1,219)	1,233)	1,186)	1,123)	1,120)	1,136)	1,156)	972)	977)	957)	937)	936)	930)	920)	886)
Operating lease right-of-use assets	719)	355)	336)	335)	339)	323)	289)	266)	262)	255)	249)	268)	286)	252)	248)	270)	276)	281)	414)	416)	325)	310)	291)	289)	295)	280)
Deferred costs, noncurrent	562)	544)	561)	490)	487)	489)	509)	432)	416)	406)	421)	360)	354)	340)	341)	288)	278)	265)	272)	232)	224)	214)	222)	190)	183)	180)
Acquisition-related intangible assets, net	320)	340)	361)	383)	331)	351)	233)	249)	263)	284)	305)	327)	348)	369)	391)	372)	381)	401)	249)	263)	277)	293)	308)	262)	278)	294)
Deferred tax assets	959)	1,013)	1,039)	1,031)	1,022)	1,056)	1,065)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Goodwill	3,478)	3,478)	3,478)	3,479)	3,257)	3,257)	2,846)	2,846)	2,840)	2,840)	2,840)	2,840)	2,840)	2,840)	2,840)	2,428)	2,362)	2,362)	1,820)	1,820)	1,819)	1,819)	1,819)	1,389)	1,389)	1,379)
Other assets	395)	379)	418)	365)	339)	353)	337)	351)	351)	377)	361)	406)	384)	368)	341)	270)	220)	253)	190)	180)	185)	204)	145)	141)	139)	140)
Noncurrent assets	7,554)	7,249)	7,432)	7,346)	7,034)	7,067)	6,513)	5,352)	5,354)	5,380)	5,378)	5,420)	5,445)	5,356)	5,284)	4,747)	4,653)	4,718)	3,916)	3,887)	3,787)	3,777)	3,722)	3,200)	3,203)	3,159)
Total assets	17,961)	17,212)	17,977)	16,424)	16,234)	15,941)	16,452)	13,926)	13,735)	13,253)	13,486)	12,390)	13,250)	12,799)	10,499)	9,441)	9,114)	8,624)	8,718)	7,845)	7,501)	7,228)	6,816)	6,156)	5,992)	5,824)

The analysis of the quarterly financial data reveals several notable trends and shifts in asset composition and magnitude over the observed periods.

Cash and Cash Equivalents: The balance of cash and cash equivalents demonstrates considerable volatility, with values fluctuating significantly across quarters. Initial levels in 2019 ranged between approximately $620 million and $913 million, followed by a general increase peaking around $2.7 billion in April 2022. Subsequent quarters show a decline toward values near $972 million in April 2025, indicating a contraction in liquidity reserves after a period of accumulation.
Marketable Securities: Marketable securities show a strong upward trajectory throughout the period. Beginning near $1.1 billion in early 2019, balances grow steadily to reach approximately $7 billion by mid-2025. This consistent increase suggests a strategic build-up of liquid investment instruments, potentially to optimize returns on excess cash.
Trade and Other Receivables, Net: Receivables display marked fluctuations, with intermittent spikes and troughs rather than a clear trend. Peaks are observable in quarters such as January 2020, January 2022, and January 2025, where the receivables rise to numbers exceeding $1.5 billion, suggesting periods of elevated sales or credit extension. The irregular pattern may indicate variability in customer payment cycles or sales volume fluctuations.
Deferred Costs (Current and Noncurrent): Current deferred costs show a steady incremental rise from $82 million in early 2019 to $278 million by the first quarter of 2025. Similarly, noncurrent deferred costs increase moderately from around $180 million to approximately $562 million over the same interval. The consistent growth in deferred costs may reflect increased prepayment of expenses or capitalized costs anticipating future benefits.
Prepaid Expenses and Other Current Assets: This category experiences some variability but generally trends upward from $148 million in 2019 to about $334 million by mid-2025. The moderate growth suggests an increase in advance payments or other short-term assets over time.
Current Assets: Current assets collectively increase significantly, rising from $2.67 billion in April 2019 to nearly $10 billion by early 2025. The increase is driven largely by the growth in marketable securities and cash, indicating enhanced short-term liquidity strength.
Property and Equipment, Net: Property and equipment remain relatively stable with minor fluctuations between approximately $886 million and $1.2 billion across the examined timeframe. No substantial investment or divestiture trends are apparent in this asset class.
Operating Lease Right-of-Use Assets: Initially steady between $280 million and $416 million through early 2021, this asset class notably increases beyond $700 million by mid-2025. The rise suggests an expansion in leased assets or adoption of new lease accounting standards affecting asset recognition.
Intangible Assets and Goodwill: Acquisition-related intangible assets have largely trended downward, decreasing from around $294 million in early 2019 to approximately $320 million by mid-2025, suggesting amortization or disposals. Conversely, goodwill exhibits a clear upward trend, from around $1.38 billion to nearly $3.5 billion, reflecting acquisitions or upward revaluations over the period.
Deferred Tax Assets: Data on deferred tax assets is only available starting in early 2023, showing a relatively stable balance slightly above $1 billion with a minor decline to about $959 million by mid-2025.
Other Assets and Noncurrent Assets: Other assets experience modest fluctuations but maintain an upward trajectory from $140 million to near $395 million. Noncurrent assets overall rise steadily, moving from about $3.16 billion to over $7.5 billion by early 2025. This growth aligns with increases in goodwill and operating lease right-of-use assets.
Total Assets: Total assets reflect significant growth over the examined timeframe, increasing from approximately $5.8 billion in April 2019 to nearly $18 billion by early 2025. The expansion is supported by increases in both current and noncurrent asset categories, driven by liquidity reserves, investments, intangible assets, and lease-related assets.

In summary, the data portrays a company expanding its asset base substantially over the period, with a focus on liquidity management and strategic acquisitions. The growth in marketable securities and goodwill highlights investment and acquisition activity, while steady increases in deferred costs and prepaid expenses suggest proactive expense management. Stability in property assets contrasts with strong growth in rights-of-use and intangible assets. Total asset growth underscores an overall increase in scale and operational capacity.

Assets: Selected Items

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Current Assets: Selected Items

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Workday Inc. (NASDAQ:WDAY)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data