Workday (WDAY) Revenue — Quarter Ended Jan 31, 2023
Revenue increased for the quarter compared to both the prior quarter and the same quarter a year earlier. The growth rate on a year-over-year basis moderated from the prior quarter.
Key takeaway
Quarter ended Jan 31, 2023 · FY2023 Q4
Revenue increased for the quarter compared to both the prior quarter and the same quarter a year earlier. The growth rate on a year-over-year basis moderated from the prior quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.6B
Revenue reported for this quarter.
Quarter-over-quarter
+3.0%
Change from the immediately preceding quarter.
Year-over-year
+19.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Apr 30, 2022 | $1.4B | +22.1% |
| Jul 31, 2022 | $1.5B | +21.9% |
| Oct 31, 2022 | $1.6B | +20.5% |
| Jan 31, 2023 | $1.6B | +19.6% |
Revenue performance
The quarter's revenue was higher than the immediately preceding quarter, reflecting continued sequential growth. On a year-over-year basis, revenue also rose, though the pace of growth has decelerated compared to earlier quarters.
Quarterly comparison
When compared to the same quarter one year ago, revenue grew at a slower rate than in the previous quarter's year-over-year comparison. The sequential increase from the prior quarter was modest.
What to watch
The deceleration in year-over-year revenue growth warrants monitoring in future periods.