Workday, Inc.

NasdaqGS-WDAY

OverviewFinancialsInvestor RelationsResearchEstimatesNewsOwnershipIndustryDividendsModelingFilings

Operating Activities	LTM	Jan '25	Jan '24	Jan '23	Jan '22	Jan '21	Jan '20	Jan '19	Jan '18	Jan '17	Jan '16
Net Income	642	526	1,381	-367	29	-282.4	-480.7	-418.3	-321.2	-384.7	-275
Net Income
Depreciation & Amortization	622	577	495	539	483	406.3	366.9	269.3	193.3	161.2	122
Depreciation and Amortization
Amortization of Deferred Costs
Stock Based Compensation	1,624	1,519	1,416	1,295	1,101	1,004.9	859.6	652.5	478.4	372.3	250
Share-Based Compensation Expense
Other Adjustments	227	57	-1,109	142	-70	125.8	86.3	6.8	35.5	39.9	23.3
Amortization and Writeoff of Debt Discount and Issuance Costs
Donation of Common Stock to Workday Foundation
Non-Cash Lease Expense
Net Gains on Investments
Impairment of Cost Method Investment
Accretion of Discounts on Marketable Debt Securities, Net
Deferred Income Taxes
Other
Changes in Trade Receivables	-340	-313	-87	-319	-208	-159.2	-176.1	-160.5	-114.6	-91.8	-115.8
Change in Trade and Other Receivables, Net
Changes in Accounts Payable	21	25	-72	86	9	-3.5	20.3	5.9	-7.2	6.3	6.8
Change in Accounts Payable
Changes in Accrued Expenses	-29	-41	-95	136	51	-18.5	0.2	54.9	47.5	23.4	59.7
Change in Accrued Expenses and Other Liabilities
Changes in Unearned Revenue	377	398	493	452	529	327.4	355	344.4	315.6	323.6	274.7
Change in Unearned Revenue
Changes in Other Operating Activities	-371	-287	-273	-307	-273	-132.2	-166.9	-148.3	-161.5	-99.6	-87.1
Change in Deferred Costs
Change in Prepaid Expenses and Other Assets
Cash from Operating Activities	2,773	2,461	2,149	1,657	1,651	1,268.4	864.6	606.7	465.7	350.6	258.6
Net Cash Provided by Operating Activities

Investing Activities	LTM	Jan '25	Jan '24	Jan '23	Jan '22	Jan '21	Jan '20	Jan '19	Jan '18	Jan '17	Jan '16
Capital Expenditure	-188	-269	-232	-364	-435	-259.5	-343	-383.7	-266.3	-227.8	-133.7
Owned Real Estate Projects
Capital Expenditures, Excluding Owned Real Estate Projects
Capital Expenditures
Purchases of Intangible Assets	—	-3	-10	-1	-8	-3	-0.9	-10.5	-11	—	—
Purchases of Other Intangible Assets
Purchases of Investments	-4,131	-4,808	-6,166	-7,206	-2,982	-2,799.4	-1,822.9	-2,032.9	-2,532.2	-1,917.5	-2,142.4
Purchases of Marketable Securities
Purchases of Non-Marketable Equity and Other Investments
Proceeds from Sale of Investments	5,739	4,124	4,665	5,065	3,008	1,820.2	1,743.4	3,058.6	1,836.3	2,124.6	2,008.1
Maturities of Marketable Securities
Sales of Marketable Securities
Sales of Non-Marketable Equity and Other Investments
Payments for Business Acquisitions	-975	-825	-8	—	-1,190	—	-473.6	-1,474.3	-5.7	-147.9	-31.4
Business Combinations, Net of Cash Acquired
Other Investing Activities	—	—	—	—	—	—	-0	—	—	-0.3	-0.8
Other
Cash from Investing Activities	450	-1,781	-1,751	-2,506	-1,607	-1,241.6	-896.9	-842.8	-979	-168.9	-300.1
Net Cash Provided by Investing Activities

Financing Activities	LTM	Jan '25	Jan '24	Jan '23	Jan '22	Jan '21	Jan '20	Jan '19	Jan '18	Jan '17	Jan '16
Issuance of Long-Term Debt	—	—	—	2,978	—	747.8	—	—	1,132.1	—	—
Proceeds from Issuance of Debt, Net of Debt Discount
Repayments of Long-Term Debt	—	—	—	-1,844	-38	-268.8	-0	-350	—	—	—
Payments on Convertible Senior Notes
Payments on Term Loan
Repayments and Extinguishment of Debt
Net Issuance / (Repayments) of Long-Term Debt	—	—	—	1,134	-38	479	-0	-350	1,132.1	—	—
Issuance of Common Shares	—	186	177	152	148	148.7	125.7	93.6	69.1	58.1	45.7
Proceeds from Initial Public Offering, Net of Issuance Costs
Proceeds from Follow-on Offering, Net of Issuance Costs
Proceeds from Issuance of Common Stock from Employee Equity Plans
Repurchases of Common Shares	-1,494	-700	-423	-75	—	—	—	—	—	—	—
Repurchases of Common Stock
Net Issuance / (Repurchases) of Common Shares	-1,494	-514	-246	77	148	148.7	125.7	93.6	69.1	58.1	45.7
Issuance of Preferred Shares	—	—	—	—	—	—	—	—	—	—	—
Proceeds from Issuance of Redeemable Convertible Preferred Stock, Net of Issuance Costs
Net Issuance / (Repurchases) of Preferred Shares	—	—	—	—	—	—	—	—	—	—	—
Other Financing Activities	-626	-636	-22	-7	—	-2.7	-0.5	-0.2	-94.9	1.6	-1.5
Proceeds from Issuance of Warrants
Purchase of Convertible Senior Notes Hedges
Payments for Debt Issuance Costs
Principal Payments on Capital Lease Obligations
Other
Taxes Paid Related to Net Share Settlement of Equity Awards
Cash from Financing Activities	-1,929	-1,150	-268	1,204	110	625	125.1	-256.7	1,106.3	59.7	44.1
Net Cash Provided by Financing Activities

Free Cash Flow	LTM	Jan '25	Jan '24	Jan '23	Jan '22	Jan '21	Jan '20	Jan '19	Jan '18	Jan '17	Jan '16
Free Cash Flow	2,585	2,192	1,917	1,293	1,216	1,008.9	521.6	223	199.4	122.8	125
NOPAT	460.9	342.1	709.9	-313.4	-210.3	-255.2	-500.4	-457.3	-309.4	-352.3	-265.6
Levered Free Cash Flow	1,074	929	1,697	1,309	355	516.6	-248.2	-625.8	932.1	-197.6	-47.4
Unlevered Free Cash Flow	892.9	745.1	1,025.9	228.6	153.8	64.8	-267.8	-314.8	-188.2	-165.2	-23.1
Net Change in Cash	1,294	-470	130	355	154	651.9	92.8	-492.8	593	241.4	2.6