Workday (WDAY) FY2017 results: revenue $1.6 billion, up 36.1% on the year
Workday, Inc. (WDAY) reported revenue of $1.6 billion for fiscal 2017, the year ended 31 January 2017, up 36.1% on the year before. Net income was -$385 million, and diluted earnings per share $-2.06. The figures are the company's own, from the 10-K it filed with the SEC on 20 March 2017.
Revenue
$1.6 billion
+36.1% on the year
FY2012FY2017
Operating margin
-22.4%
-21.6% a year earlier
FY2012FY2017
Net income
-$385 million
FY2012FY2017
Diluted EPS
-$2.06
FY2012FY2017
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Revenue
1,574
1,157
788
+36.1%
Research and development
681
470
317
+44.8%
Operating income
-353
-250
-216
Operating margin
-22.4%
-21.6%
-27.4%
Interest expense
30.1
31.9
31.1
-5.7%
Pre-tax income
-386
-274
-246
Income tax
-0.8
1.0
2.0
Net income
-385
-275
-248
Net margin
-24.4%
-23.8%
-31.5%
Diluted EPS
-$2.06
-$1.53
-$1.35
$ 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
FY2017
FY2016
FY2015
On the year
Last 8 years
Operating cash flow
351
259
102
+35.6%
Capital expenditure
121
134
104
-9.6%
Free cash flow
230
125
-1.6
+83.9%
Free cash flow margin
14.6%
10.8%
-0.2%
Cash from investing
-169
-300
-404
Cash from financing
59.7
44.1
19.5
+35.3%
Depreciation and amortisation
106
85.9
59.2
+23.1%
Share-based compensation
372
250
156
+48.9%
Balance sheet
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Shareholders' equity
1,277
1,226
1,201
+4.1%
Debt
0.0
507
482
Other liabilities
1,992
996
667
+99.9%
Total liabilities and equity
3,268
2,730
2,350
+19.7%
Fixed assets
366
214
140
+70.8%
Goodwill
108
50.3
32.3
+113.9%
Intangible assets
48.8
15.5
13.8
+214.9%
Cash and equivalents
540
300
298
+79.9%
Receivables
410
293
188
+39.7%
Other assets
1,796
1,857
1,677
-3.3%
Total assets
3,268
2,730
2,350
+19.7%
10-K for the year ended 31 January 2017, filed 20 March 2017: the filing.