Stock Analysis on Net

Workday Inc. (NASDAQ:WDAY)

Income Statement
Quarterly Data

Workday Inc., consolidated income statement (quarterly data)

US$ in millions

Microsoft Excel
3 months ended: 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
Subscription services 2,041 1,959 1,903 1,815 1,760 1,691 1,624 1,528 1,495 1,432 1,367 1,272 1,229 1,172 1,113 1,032 1,006 969 932 882 840 799 757 701
Professional services 170 201 182 175 162 175 163 156 151 167 168 163 147 156 147 143 125 137 130 136 137 140 131 124
Revenues 2,211 2,160 2,085 1,990 1,922 1,866 1,787 1,684 1,646 1,599 1,536 1,435 1,376 1,327 1,260 1,175 1,132 1,106 1,062 1,018 976 938 888 825
Costs of subscription services (343) (329) (304) (290) (272) (264) (256) (239) (274) (259) (245) (233) (220) (201) (193) (182) (169) (152) (145) (145) (133) (122) (121) (112)
Costs of professional services (196) (201) (207) (199) (188) (181) (192) (178) (179) (176) (178) (170) (170) (159) (153) (151) (144) (143) (139) (160) (152) (149) (145) (131)
Costs of revenues (539) (530) (511) (489) (460) (445) (448) (417) (453) (436) (423) (403) (390) (360) (346) (333) (313) (295) (284) (306) (285) (271) (266) (243)
Gross profit 1,672 1,630 1,574 1,501 1,462 1,420 1,339 1,267 1,193 1,163 1,113 1,032 986 968 915 842 819 811 778 713 692 667 621 582
Product development (674) (647) (649) (656) (635) (619) (610) (600) (616) (566) (548) (542) (538) (456) (444) (442) (439) (420) (419) (443) (422) (402) (378) (348)
Sales and marketing (628) (620) (611) (573) (558) (538) (524) (519) (490) (470) (459) (429) (411) (366) (358) (326) (335) (303) (276) (319) (307) (287) (280) (273)
General and administrative (211) (198) (203) (208) (190) (176) (169) (168) (176) (154) (140) (134) (139) (122) (114) (112) (118) (102) (99) (95) (109) (89) (86) (84)
Restructuring (84)
Operating income (loss) 75 165 111 64 79 88 36 (20) (89) (26) (34) (73) (101) 24 (1) (38) (73) (14) (17) (144) (146) (110) (122) (123)
Other income (expense), net 45 62 57 59 59 41 46 27 11 4 (33) (20) 17 22 103 (9) 5 (9) (11) (11) 17 (4) 7
Income (loss) before (provision for) benefit from income taxes 120 227 168 123 138 129 82 7 (78) (22) (67) (93) (84) 46 102 (47) (69) (23) (28) (155) (129) (114) (123) (116)
(Provision for) benefit from income taxes (26) (34) (36) (16) 1,050 (16) (3) (7) (48) (53) 3 (9) 11 (2) 4 1 (3) (1) (3) 1 (1) 2
Net income (loss) 94 193 132 107 1,188 114 79 (126) (75) (64) (102) (73) 43 106 (47) (72) (24) (28) (158) (128) (116) (121) (116)

Based on: 10-K (reporting date: 2025-01-31), 10-Q (reporting date: 2024-10-31), 10-Q (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-K (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-K (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30).

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 Q2 2025 to Q3 2025 and from Q3 2025 to Q4 2025.
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. Workday Inc. operating income (loss) increased from Q2 2025 to Q3 2025 but then decreased significantly from Q3 2025 to Q4 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 Q2 2025 to Q3 2025 but then decreased significantly from Q3 2025 to Q4 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 Q2 2025 to Q3 2025 but then decreased significantly from Q3 2025 to Q4 2025.