Workday

Technology enterprise software hrtech human capital workforce management

Workday provides SaaS-based enterprise solutions for human resources, payroll and financial management, offering new levels of business agility for a fraction of the cost of buying, deploying and maintaining legacy on-premise systems. The Company uses modern, standards-based technologies to provide an unparalleled level of agility, ease-of-use and integration capability.

Revenue(Q1, 2018)

$479.9 M

Market capitalization(2017-09-22)

$21.5 B

Backlog(FY, 2017)

$2.5 B

Company Growth (employees)

Type

Public

Pleasanton, US

Founded

2005

Size (employees)

6,400 (est)+7%

Website

workday.com

Workday was founded in 2005 and is headquartered in Pleasanton, US

Key People at Workday

Aneel Bhusri

Co-Founder and Chief Executive Officer

Robynne Sisco

Chief Financial Officer

Stan Swete

Chief Technology Officer

Dave Duffield

Co-Founder and Chairman

Christine Cefalo

Chief Marketing Officer

Diana McKenzie

Chief Information Officer

Jim Bozzini

Executive Vice President of Customer Operations

Mike Frandsen

Executive Vice President of Products, Support, and Delivery

Jim Shaughnessy

Senior Vice President, General Counsel and Secretary

Mike Stankey

Vice Chairman

Petros Dermetsis

EVP of Development

Ashley Goldsmith

Chief People Officer

Mark Peek

Co-President

Phil Wilmington

Co-President

Workday Office Locations

Workday has offices in Pleasanton, Atlanta, Beaverton, Boston and in 34 other locations

Pleasanton, US (HQ)

6230 Stoneridge Mall Road

North Sydney, AU

12 100 Pacific Hwy

East Melbourne, AU

23 29 Albert St

Kuala Lumpur, MY

Menara Maxis

Hong Kong, HK

1 Matheson St

Auckland, NZ

23-29 Albert St

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Workday Data and Metrics

Workday Financial Metrics

Workday's revenue was reported to be $479.9 m in Q1, 2018

Summary

USD

Workday's current market capitalization is $21.5 b.

Income Statement

Annual

USD	FY, 2012	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Revenue	134.4 m	273.7 m	468.9 m	787.9 m	1.2 b	1.6 b
Revenue growth, %		104%	71%	68%	48%	35%
EBIT			(153.3 m)	(215.7 m)	(264.7 m)	(376.7 m)
EBIT margin, %			(33%)	(27%)	(23%)	(24%)

Quarterly

USD	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q2, 2017	Q3, 2017	Q1, 2018
Revenue	186.8 m	215.1 m	251 m	282.7 m	305.3 m	345.4 m	377.7 m	409.6 m	479.9 m
Sales and marketing expense	78.5 m	80.7 m	94.9 m	106.4 m	111.7 m	127.5 m	139.2 m	149.5 m	155.7 m
R&D expense	77.5 m	85.3 m	99.3 m	115.3 m	124 m	141.8 m	161.9 m	185.3 m	196.4 m
General and administrative expense	26.9 m	28.8 m	32.2 m	36.5 m	38 m	41.2 m	45.7 m	57.7 m	51.2 m

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Balance Sheet

Annual

USD	Y, 2009	Y, 2010	Y, 2011	Y, 2012	Y, 2013	Y, 2014	Y, 2015	Y, 2016	FY, 2017
Cash	34.4 m	30.9 m	30.5 m	57.5 m	84.2 m	581.3 m	298.2 m	300.1 m	539.9 m
Accounts Receivable									7.1 m
Inventories						28.4 m	42.5 m	77.6 m	88.3 m
Current Assets						2 b	2.1 b	2.4 b	2.5 b

Quarterly

USD	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q2, 2017	Q3, 2017	Q1, 2018
Cash	262.6 m	192.1 m	270.5 m	230.6 m	219.9 m	404.6 m	405.5 m	386.6 m	498.9 m
Accounts Receivable	100.5 m	118.9 m	128.5 m	156.3 m	170.9 m	193.1 m	248.7 m	268.9 m
Current Assets	2 b	2 b	2.1 b	2.1 b	2.2 b	2.4 b	2.4 b	2.3 b	2.5 b
PP&E	105.9 m	116.6 m	154.5 m	172.7 m	195 m	254.7 m	255.1 m	334.3 m	404.1 m

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Cash Flow

Annual

USD	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Net Income	(172.5 m)	(248 m)	(289.9 m)	(408.3 m)
Depreciation and Amortization	34.7 m	59.2 m	85.9 m	115.9 m
Accounts Receivable	(25 m)	(97 m)	(110 m)	(88.6 m)
Accounts Payable	3.5 m	1.1 m	6.8 m	6.3 m

Quarterly

USD	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q2, 2017	Q3, 2017	Q1, 2018
Net Income	(69.2 m)	(59.9 m)	(61.6 m)	(69.4 m)	(77.8 m)	(80.6 m)	(108 m)	(114.1 m)	(64 m)
Accounts Receivable	100.5 m	118.9 m	128.5 m	156.3 m	170.9 m	193.1 m	248.7 m	268.9 m
Accounts Payable	6.6 m	9.6 m	13.3 m	23.7 m	17 m	19 m	17.1 m	28.4 m	28.2 m

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Ratios

	Y, 2017
Financial Leverage	2.5 x

Show all financial metrics

Workday Operating Metrics

Workday's Customers was reported to be 1.5 k in FY, 2017, which is a 25% increase from the previous period. Workday's Backlog was reported to be $2.5 b in FY, 2017, which is a 56% increase from the previous period