Workday (WDAY) 10-K Summary — Year Ended Jan 31, 2025
Workday's annual filing reports financial results and risk factors for the fiscal year ended January 31, 2025. The company achieved revenue growth and positive operating income.
Key takeaway
Year ended Jan 31, 2025 · FY2026 10-K
Workday's annual filing reports financial results and risk factors for the fiscal year ended January 31, 2025. The company achieved revenue growth and positive operating income.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$8.4B
Revenue reported for the fiscal year.
Operating income
$415M
Income from operations reported for the year.
Net income
$526M
Net income reported for the year.
Operating cash flow
$2.5B
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% |
| Jan 31, 2024 | $7.3B | +16.8% |
| Jan 31, 2025 | $8.4B | +16.4% |
Business overview
Workday provides cloud-based subscription services, as indicated by its subscription revenue model and contracted noncancelable agreements. The filing does not include a detailed description beyond these elements.
Financial performance
Revenue increased compared to the prior year. Operating income and net income were both positive, and operating cash flow was substantial.
Material risks
The filing identifies risks such as macroeconomic trends, customer growth and subscription renewal rates, development and sales efforts, and investment activities. These factors could affect future capital requirements and performance.
Liquidity and capital
Liquidity is supported by a substantial balance of cash, equivalents, and marketable securities, along with a credit facility. Management believes these resources are sufficient for the next twelve months and beyond, though future needs depend on various operating and strategic factors.
What to watch
Monitor subscription renewal rates and revenue growth trajectory, as they are key drivers identified in the filing.