Cash Flow Statement

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Workday Inc., consolidated cash flow statement

US$ in millions

12 months ended:	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020
Net income (loss)	526)	1,381)	(367)	29)	(282)	(481)
Depreciation and amortization	326)	282)	364)	344)	294)	276)
Share-based compensation expenses	1,519)	1,416)	1,295)	1,101)	1,005)	860)
Amortization of deferred costs	251)	213)	175)	139)	113)	91)
Non-cash lease expense	103)	96)	92)	86)	84)	67)
(Gains) losses on investments, net	16)	19)	31)	(146)	(17)	(4)
Accretion of discounts on marketable debt securities, net	(113)	(149)	(42)	3)	—)	—)
Deferred income taxes	33)	(1,058)	4)	(22)	—)	—)
Other	18)	(17)	58)	9)	58)	23)
Trade and other receivables, net	(313)	(87)	(319)	(208)	(159)	(176)
Deferred costs	(337)	(342)	(292)	(238)	(184)	(149)
Prepaid expenses and other assets	50)	69)	(14)	(35)	52)	(18)
Accounts payable	25)	(72)	86)	9)	(3)	20)
Accrued expenses and other liabilities	(41)	(95)	136)	51)	(18)	—)
Unearned revenue	398)	493)	452)	530)	327)	355)
Changes in operating assets and liabilities, net of business combinations	(218)	(34)	48)	108)	14)	32)
Adjustments to reconcile net income (loss) to net cash provided by operating activities	1,935)	768)	2,024)	1,621)	1,551)	1,345)
Net cash provided by operating activities	2,461)	2,149)	1,657)	1,651)	1,268)	865)
Purchases of marketable securities	(4,786)	(6,150)	(7,183)	(2,859)	(2,732)	(1,797)
Maturities of marketable securities	3,846)	4,519)	4,949)	2,804)	1,802)	1,687)
Sales of marketable securities	273)	144)	104)	199)	11)	57)
Capital expenditures	(269)	(232)	(364)	(436)	(259)	(343)
Business combinations, net of cash acquired	(825)	(8)	—)	(1,190)	—)	(474)
Purchase of other intangible assets	(3)	(10)	(1)	(8)	(3)	(1)
Purchases of non-marketable equity and other investments	(22)	(16)	(23)	(123)	(67)	(25)
Sales and maturities of non-marketable equity and other investments	5)	2)	12)	5)	7)	—)
Other	—)	—)	—)	—)	—)	—)
Net cash used in investing activities	(1,781)	(1,751)	(2,506)	(1,607)	(1,242)	(897)
Proceeds from issuance of debt, net of debt discount	—)	—)	2,978)	—)	748)	—)
Repayments and extinguishment of debt	—)	—)	(1,844)	(38)	(269)	—)
Payments for debt issuance costs	—)	—)	(7)	—)	—)	—)
Repurchases of common stock	(700)	(423)	(75)	—)	—)	—)
Proceeds from issuance of common stock from employee equity plans	186)	177)	152)	148)	149)	126)
Taxes paid related to net share settlement of equity awards	(636)	(22)	—)	—)	—)	—)
Other	—)	—)	(1)	—)	(3)	(1)
Net cash provided by (used in) financing activities	(1,150)	(268)	1,204)	110)	625)	125)
Effect of exchange rate changes	—)	(1)	(1)	(1)	1)	—)
Net increase (decrease) in cash, cash equivalents, and restricted cash	(470)	129)	354)	153)	653)	93)
Cash, cash equivalents, and restricted cash at the beginning of period	2,024)	1,895)	1,541)	1,388)	735)	642)
Cash, cash equivalents, and restricted cash at the end of period	1,554)	2,024)	1,895)	1,541)	1,388)	735)

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).

Download chart

Cash flow statement item	Description	The company
Net cash provided by operating activities	Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.	Workday Inc. net cash provided by operating activities increased from 2023 to 2024 and from 2024 to 2025.
Net cash used in investing activities	Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.	Workday Inc. net cash used in investing activities increased from 2023 to 2024 but then slightly decreased from 2024 to 2025.
Net cash provided by (used in) financing activities	Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.	Workday Inc. net cash provided by (used in) financing activities decreased from 2023 to 2024 and from 2024 to 2025.

Workday Inc. (NASDAQ:WDAY)

Cash Flow Statement