Workday (WDAY) stock price, revenue, and financials

Workday market cap is $66.7 b, and annual revenue was $4.32 b in FY 2021

-1.34(-0.5%)

$66.7 B

WDAY Mkt cap, 15-Sept-2021

Workday Revenue Q1, 2022

Workday Net income (Q1, 2022)-46.5 M

Workday EBIT (Q1, 2022)-38.3 M

Workday Cash, 30-Apr-2021959.4 M

Workday EV67.6 B

Workday revenue was $4.32 b in FY, 2021 which is a 19% year over year increase from the previous period.

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Workday revenue breakdown by business segment: 12.3% from Professional Services and 87.7% from Subscription Services

Workday revenue breakdown by geographic segment: 24.8% from Other Countries and 75.2% from United States

USD	FY, 2019	FY, 2020	FY, 2021
Revenue	2.8b	3.6b	4.3b
Revenue growth, %	32%	29%	19%
Cost of goods sold	835.0m	1.1b	1.2b
Gross profit	2.0b	2.6b	3.1b
Gross profit Margin, %	70%	71%	72%
Sales and marketing expense	891.3m	1.1b	1.2b
R&D expense	1.2b	1.5b	1.7b
General and administrative expense	347.3m	367.7m	414.1m
Operating expense total	2.5b	3.1b	3.4b
EBIT	(463.3m)	(502.2m)	(248.6m)
EBIT margin, %	(16%)	(14%)	(6%)
Interest expense	60.2m	58.7m
Interest income	42.5m	41.3m
Pre tax profit	(423.8m)	(482.4m)	(275.1m)
Income tax expense	(5.5m)	(1.8m)	7.3m
Net Income	(418.3m)	(480.7m)	(282.4m)
EPS	(1.9)	(2.1)	(1.2)

USD	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020	Q1, 2021	Q2, 2021	Q3, 2021	Q1, 2022
Revenue	618.6m	671.7m	743.2m	825.1m	887.8m	938.1m	1.0b	931.7m	1.1b	1.2b
Cost of goods sold	178.0m	200.2m	223.0m	243.2m	266.3m	270.9m	305.6m	284.3m	295.2m
Gross profit	440.7m	471.5m	520.2m	581.8m	621.4m	667.2m	712.8m	647.4m	810.8m
Gross profit Margin, %	71%	70%	70%	71%	70%	71%	70%	69%	73%
Sales and marketing expense	192.8m	202.5m	246.2m	272.9m	280.2m	286.8m	318.6m	276.5m	302.9m	326.5m
R&D expense	263.6m	292.8m	318.0m	347.8m	378.1m	401.7m	443.5m	418.7m	420.0m	441.6m
General and administrative expense	55.6m	65.2m	138.8m	84.5m	85.6m	88.9m	95.2m	99.3m	102.0k	112.2m
Operating expense total	511.9m	560.5m	702.9m	705.2m	743.9m	777.4m	857.2m	664.2m	722.9m	880.3m
EBIT	(71.3m)	(89.0m)	(182.8m)	(123.4m)	(122.5m)	(110.2m)	(144.5m)	(16.8m)	(14.1m)	(38.3m)
EBIT margin, %	(12%)	(13%)	(25%)	(15%)	(14%)	(12%)	(14%)	(2%)	(1%)	(3%)
Interest expense										4.2m
Interest income										2.0m
Investment income										(2.0m)
Pre tax profit	(75.1m)	(87.4m)	(156.1m)	(116.2m)	(122.6m)	(114.4m)	(155.4m)	(28.2m)	(22.9m)	(47.4m)
Income tax expense	(702.0k)	(1.2m)	(2.8m)	30.0k	(1.9m)	1.3m	2.9m	(191.0k)	1.4m	(1.0m)
Net Income	(74.4m)	(86.2m)	(153.3m)	(116.3m)	(120.7m)	(115.7m)	(158.4m)	(28.0m)	(24.3m)	(46.5m)
EPS	(0.3)	(0.4)	(0.7)	(0.5)	(0.5)	(0.5)	0.7	(0.1)	(0.1)

USD	FY, 2019	FY, 2020	FY, 2021
Cash	638.6m	731.1m	1.4b
Accounts Receivable	704.7m	877.6m	1.0b
Prepaid Expenses	136.7m	172.0m	111.2m
Current Assets	2.7b	3.1b	4.8b
PP&E	796.9m	936.2m	972.4m
Goodwill	1.4b	1.8b	1.8b
Total Assets	5.5b	6.8b	8.7b
Accounts Payable	29.1m	57.6m	75.6m
Short-term debt	232.5m	310.5m	1.2b
Current Liabilities	2.4b	3.0b	4.3b
Long-term debt	972.3m	1.3b	1.0b
Total Debt	1.2b	1.6b	2.2b
Total Liabilities	3.6b	4.3b	5.4b
Common Stock	221.0k	231.0k	242.0k
Additional Paid-in Capital	4.1b	5.1b	6.3b
Retained Earnings	(2.1b)	(2.6b)	(2.9b)
Total Equity	2.0b	2.5b	3.3b
Debt to Equity Ratio	0.6 x	0.6 x	0.7 x
Debt to Assets Ratio	0.2 x	0.2 x	0.3 x
Financial Leverage	2.8 x	2.7 x	2.7 x

USD	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020	Q1, 2021	Q2, 2021	Q3, 2021	Q1, 2022
Cash	1.0b	1.7b	540.4m	781.8m	619.5m	912.7m	1.2b	1.2b	1.1b	959.4m
Accounts Receivable	354.2m	457.5m	486.0m	542.8m	613.4m	615.5m	584.2m	694.3m	742.7m	647.2m
Prepaid Expenses	97.4m	105.2m	132.5m	148.1m	163.5m	145.5m	166.6m	161.0m	157.7m	140.3m
Current Assets	3.9b	3.6b	2.3b	2.7b	2.8b	3.0b	3.5b	3.7b	4.0b	3.9b
PP&E	611.3m	678.5m	735.4m	885.8m	919.5m	929.7m	937.0m	957.4m	976.6m	1.2b
Goodwill	159.4m	175.1m	1.4b	1.4b	1.4b	1.4b	1.8b	1.8b	1.8b	2.4b
Total Assets	4.9b	4.8b	5.0b	5.8b	6.0b	6.2b	7.2b	7.5b	7.8b	8.6b
Accounts Payable	30.2m	32.9m	28.8m	35.1m	32.5m	35.6m	35.4m	57.8m	54.9m	48.1m
Short-term debt	570.3m	226.9m	229.7m	235.4m	1.3b	308.4m	336.9m	113.3m	1.2b	1.2b
Current Liabilities	2.2b	1.9b	2.1b	2.4b	3.4b	2.5b	2.8b	2.6b	3.6b	4.2b
Long-term debt	939.2m	950.1m	961.1m	983.5m	243.9m	1.2b	1.8b	2.0b	1.1b	673.3m
Total Debt	1.5b	1.2b	1.2b	1.2b	1.5b	1.6b	2.1b	2.1b	2.2b	1.9b
Total Liabilities	3.3b	3.0b	3.2b	3.8b	3.8b	3.8b	4.6b	4.7b	4.8b	5.2b
Common Stock	215.0k	218.0k	220.0k	225.0k	227.0k	229.0k	235.0k	238.0k	240.0k	246.0k
Additional Paid-in Capital	3.5b	3.9b	4.0b	4.3b	4.6b	4.8b	5.3b	6.0b	6.2b	6.3b
Retained Earnings	(1.8b)	(1.9b)	(2.0b)	(2.3b)	(2.4b)	(2.5b)	(2.8b)	(2.8b)	(2.8b)	(2.8b)
Total Equity	1.7b	1.8b	1.8b	2.0b	2.2b	2.3b	2.6b	2.8b	3.1b	3.4b
Debt to Equity Ratio	0.9 x	0.7 x	0.6 x	0.6 x	0.7 x	0.7 x	0.8 x	0.8 x	0.7 x
Debt to Assets Ratio	0.3 x	0.2 x	0.2 x	0.2 x	0.3 x	0.3 x	0.3 x	0.3 x	0.3 x
Financial Leverage	3 x	2.7 x	2.7 x	2.8 x	2.7 x	2.7 x	2.8 x	2.6 x	2.5 x	2.5 x

USD	FY, 2019	FY, 2020	FY, 2021
Net Income	(418.3m)	(480.7m)	(282.4m)
Depreciation and Amortization	198.1m	276.3m	293.7m
Accounts Receivable	(160.5m)	(176.1m)	(159.2m)
Accounts Payable	5.9m	20.3m	(3.5m)
Cash From Operating Activities	606.7m	864.6m	1.3b
Capital Expenditures	(202.5m)	(243.7m)	(253.4m)
Cash From Investing Activities	(842.8m)	(896.9m)	(1.2b)
Long-term Borrowings	(350.0m)	(30.0k)	(268.8m)
Cash From Financing Activities	(256.7m)	125.1m	625.0m
Net Change in Cash	(493.5m)	92.5m	653.2m
Interest Paid	38.0k	3.3m	14.4m
Income Taxes Paid	6.0m	9.0m	9.9m
Free Cash Flow	404.2m	620.9m	1.0b

USD	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020	Q1, 2021	Q2, 2021	Q3, 2021	Q1, 2022
Net Income	(74.4m)	(86.2m)	(313.9m)	(116.3m)	(237.0m)	(352.7m)	(158.4m)	(186.4m)	(210.7m)	(46.5m)
Depreciation and Amortization	38.7m	42.2m	138.5m	61.2m	128.9m	201.2m	71.5m	144.7m	218.6m	63.0m
Accounts Receivable	168.7m	(104.8m)	54.6m	157.4m	83.9m	86.1m	290.9m	181.6m	127.7m	392.1m
Accounts Payable	8.0m	6.0m	1.8m	1.5m	2.6m	4.5m	(22.4m)	(13.1m)	(9.3m)	(170.0k)
Cash From Operating Activities	184.2m	57.6m	356.1m	209.2m	309.5m	567.5m	263.7m	420.9m	714.7m	452.4m
Capital Expenditures	(48.9m)	(53.3m)	(157.6m)	(65.5m)	(141.1m)	(196.3m)	(59.9m)	(66.6m)	(204.7m)
Cash From Investing Activities	(284.6m)	912.3m	(640.4m)	(67.4m)	(388.1m)	(355.5m)	(277.3m)	(480.0m)	(942.7m)	(861.7m)
Long-term Borrowings		(350.0m)	(350.0m)		(27.0k)	(30.0k)	(1.0k)	(249.9m)	(249.9m)	(9.4m)
Cash From Financing Activities	2.6m	(311.4m)	(306.1m)	3.4m	61.3m	62.9m	499.3m	570.1m	564.2m	(11.0m)
Net Change in Cash	(98.2m)	658.4m	(591.1m)	144.8m	(17.6m)	274.7m	485.4m	511.5m	336.8m	(420.1m)
Interest Paid	19.0k	33.0k	34.0k	3.0k	472.0k	1.4m	1.4m	6.4m	11.7m	4.6m
Income Taxes Paid	1.7m	3.2m	3.8m	3.5m	6.0m	7.4m	2.9m	7.6m	7.2m	4.5m
Free Cash Flow	135.4m	4.3m	198.5m	143.6m	168.4m	371.2m	203.7m	354.3m	510.0m

Workday's Backlog was reported to be $10.1b in FY, 2021. Workday's Enterprise Customers was reported to be 2.1 k in FY, 2018.

	FY, 2014	FY, 2015	Mar, 2015	FY, 2016	FY, 2017	FY, 2018	FY, 2019	FY, 2020	FY, 2021
Backlog	$636.1 m	$965 m		$1.6 b	$2.5 b	$5.2 b	$6.7 b	$8.29 b	$10.09 b
Enterprise Customers			700	1.2 k	1.53 k	2.1 k

	FY, 2020	FY, 2019	FY, 2018	Y, 2016
Hispanic, percent	5.1%
Asian, percent	33.2%	33.5%	34.6%	32%
White, percent	54.9%	55.2%	57.4%	59%
Other	6.8%	11.3%	8%	9%