Workday (WDAY) Revenue — Quarter Ended Oct 31, 2023
Revenue increased in the current quarter. The growth rate slowed compared to the previous quarter but was higher than the same quarter last year.
Key takeaway
Quarter ended Oct 31, 2023 · FY2024 Q3
Revenue increased in the current quarter. The growth rate slowed compared to the previous quarter but was higher than the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.9B
Revenue reported for this quarter.
Quarter-over-quarter
+4.4%
Change from the immediately preceding quarter.
Year-over-year
+16.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$7B
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 |
|---|---|---|
| Jan 31, 2023 | $1.6B | +19.6% |
| Apr 30, 2023 | $1.7B | +17.4% |
| Jul 31, 2023 | $1.8B | +16.4% |
| Oct 31, 2023 | $1.9B | +16.7% |
Revenue performance
Revenue for the quarter ended October 31, 2023 was higher than both the immediately preceding quarter and the same quarter one year earlier.
Quarterly comparison
Compared with the prior quarter, revenue improved. On a year-over-year basis, the gain was larger than the sequential increase.
What to watch
The sequential growth rate decelerated from the prior quarter's pace.