Workday (WDAY) 10-K Summary — Year Ended Jan 31, 2023
Workday filed its annual report for the fiscal year ended January 31, 2023. The filing's business overview and risk factors sections only list item numbers without providing descriptions.
Key takeaway
Year ended Jan 31, 2023 · FY2025 10-K
Workday filed its annual report for the fiscal year ended January 31, 2023. The filing's business overview and risk factors sections only list item numbers without providing descriptions.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$6.2B
Revenue reported for the fiscal year.
Operating income
-$222M
Income from operations reported for the year.
Net income
-$367M
Net income reported for the year.
Operating cash flow
$1.7B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jan 31, 2022 | $5.1B | n/a |
| Jan 31, 2023 | $6.2B | +21.0% |
Business overview
The business overview section of the filing only references Item 1, Item 1A, and Item 1B without providing any description of the company's business. No additional business information is available in the supplied filing context.
Financial performance
Revenue increased compared to the prior year, while the company reported operating and net losses. Operating cash flow was positive.
Material risks
The risk factors section of the filing only references an item number and does not provide any specific risk descriptions. Therefore, no material risks are stated in the supplied context.
Liquidity and capital
The company's liquidity sources include cash, cash equivalents, marketable securities, and a credit facility. Management believes these are sufficient for near-term needs, though long-term capital requirements depend on factors such as customer growth and investment activities.
What to watch
Readers should monitor customer growth rates and subscription renewal activity in the next filing.