Stock Analysis on Net

Workday Inc. (NASDAQ:WDAY)

Income Statement

Workday Inc., consolidated income statement

US$ in millions

Microsoft Excel
12 months ended: Jan 31, 2025 Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021 Jan 31, 2020
Subscription services 7,718 6,603 5,567 4,546 3,788 3,096
Professional services 728 656 649 592 530 531
Revenues 8,446 7,259 6,216 5,139 4,318 3,627
Costs of subscription services (1,266) (1,031) (1,011) (796) (612) (489)
Costs of professional services (803) (740) (704) (632) (586) (577)
Costs of revenues (2,069) (1,771) (1,715) (1,428) (1,198) (1,065)
Gross profit 6,377 5,488 4,501 3,711 3,120 2,562
Product development (2,626) (2,464) (2,271) (1,879) (1,721) (1,550)
Sales and marketing (2,432) (2,139) (1,848) (1,462) (1,233) (1,147)
General and administrative (820) (702) (604) (486) (414) (368)
Restructuring (84)
Operating income (loss) 415 183 (222) (116) (249) (502)
Interest income 350 301 98 6 19 41
Interest expense (114) (114) (102) (17) (69) (59)
Other (13) (14) (33) 144 23 37
Other income (expense), net 223 173 (38) 133 (27) 20
Income (loss) before (provision for) benefit from income taxes 638 356 (260) 16 (275) (482)
(Provision for) benefit from income taxes (112) 1,025 (107) 13 (7) 2
Net income (loss) 526 1,381 (367) 29 (282) (481)

Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31).

Income statement item Description The company
Revenues Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Workday Inc. revenues increased from 2023 to 2024 and from 2024 to 2025.
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. Workday Inc. operating income (loss) increased from 2023 to 2024 and from 2024 to 2025.
Income (loss) before (provision for) benefit from income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Workday Inc. income (loss) before (provision for) benefit from income taxes increased from 2023 to 2024 and from 2024 to 2025.
Net income (loss) The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Workday Inc. net income (loss) increased from 2023 to 2024 but then slightly decreased from 2024 to 2025.