Workday (WDAY) Revenue — Quarter Ended Apr 30, 2024
Revenue for the quarter rose compared to both the prior quarter and the same period last year. The sequential growth was moderate, while the annual increase was stronger.
Key takeaway
Quarter ended Apr 30, 2024 · FY2025 Q1
Revenue for the quarter rose compared to both the prior quarter and the same period last year. The sequential growth was moderate, while the annual increase was stronger.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2B
Revenue reported for this quarter.
Quarter-over-quarter
+3.5%
Change from the immediately preceding quarter.
Year-over-year
+18.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.6B
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 |
|---|---|---|
| Jul 31, 2023 | $1.8B | +16.4% |
| Oct 31, 2023 | $1.9B | +16.7% |
| Jan 31, 2024 | $1.9B | +16.7% |
| Apr 30, 2024 | $2B | +18.2% |
Revenue performance
The company reported higher revenue, reflecting continued business expansion.
Quarterly comparison
When compared to the immediately preceding quarter, revenue increased at a slower rate. Against the year-ago quarter, the growth was more pronounced.
What to watch
The filing notes that macroeconomic trends and subscription renewal activity are key factors affecting long-term capital needs.