Workday (WDAY) FY2016 results: revenue $1.2 billion, up 46.8% on the year
Workday, Inc. (WDAY) reported revenue of $1.2 billion for fiscal 2016, the year ended 31 January 2016, up 46.8% on the year before. Net income was -$275 million, and diluted earnings per share $-1.53. The figures are the company's own, from the 10-K it filed with the SEC on 22 March 2016.
Revenue
$1.2 billion
+46.8% on the year
FY2012FY2016
Operating margin
-21.6%
-27.4% a year earlier
FY2012FY2016
Net income
-$275 million
FY2012FY2016
Diluted EPS
-$1.53
FY2012FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
1,157
788
469
+46.8%
Research and development
470
317
182
+48.3%
Operating income
-250
-216
-153
Operating margin
-21.6%
-27.4%
-32.7%
Interest expense
31.9
31.1
19.6
+2.8%
Pre-tax income
-274
-246
-171
Income tax
1.0
2.0
1.7
-49.4%
Net income
-275
-248
-173
Net margin
-23.8%
-31.5%
-36.8%
Diluted EPS
-$1.53
-$1.35
-$1.01
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
259
102
46.3
+153.6%
Capital expenditure
134
104
60.7
+29.0%
Free cash flow
125
-1.6
-14.5
Free cash flow margin
10.8%
-0.2%
-3.1%
Cash from investing
-300
-404
-683
Cash from financing
44.1
19.5
1,134
+126.7%
Depreciation and amortisation
85.9
59.2
34.7
+45.2%
Share-based compensation
250
156
61.9
+60.2%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
1,226
1,201
1,187
+2.1%
Debt
507
482
468
+5.3%
Other liabilities
996
667
521
+49.4%
Total liabilities and equity
2,730
2,350
2,176
+16.2%
Fixed assets
214
140
77.7
+52.8%
Goodwill
50.3
32.3
8.5
+55.7%
Intangible assets
15.5
13.8
14.9
+12.0%
Cash and equivalents
300
298
581
+0.6%
Receivables
293
188
92.2
+55.8%
Other assets
1,857
1,677
1,402
+10.7%
Total assets
2,730
2,350
2,176
+16.2%
10-K for the year ended 31 January 2016, filed 22 March 2016: the filing.