Workday (WDAY) Revenue — Quarter Ended Oct 31, 2024
Revenue for the quarter increased compared to both the prior quarter and the same quarter a year ago. The company stated that its liquidity sources are sufficient for near-term needs.
Key takeaway
Quarter ended Oct 31, 2024 · FY2025 Q3
Revenue for the quarter increased compared to both the prior quarter and the same quarter a year ago. The company stated that its liquidity sources are sufficient for near-term needs.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.2B
Revenue reported for this quarter.
Quarter-over-quarter
+3.6%
Change from the immediately preceding quarter.
Year-over-year
+15.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.2B
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 |
|---|---|---|
| Jan 31, 2024 | $1.9B | +16.7% |
| Apr 30, 2024 | $2B | +18.2% |
| Jul 31, 2024 | $2.1B | +16.7% |
| Oct 31, 2024 | $2.2B | +15.8% |
Revenue performance
The quarter's revenue grew from the immediately preceding quarter and showed a larger increase over the same quarter one year earlier.
Quarterly comparison
Sequential revenue growth was modest, while the year-over-year comparison reflected a stronger expansion. The trend over recent quarters indicates consistent upward movement.
What to watch
The company's long-term capital requirements depend on factors including customer growth, subscription renewals, and development efforts.