Workday (WDAY) FY2019 results: revenue $2.8 billion, up 31.7% on the year
Workday, Inc. (WDAY) reported revenue of $2.8 billion for fiscal 2019, the year ended 31 January 2019, up 31.7% on the year before. Net income was -$418 million, and diluted earnings per share $-1.93. The figures are the company's own, from the 10-K it filed with the SEC on 18 March 2019.
Revenue
$2.8 billion
+31.7% on the year
FY2012FY2019
Operating margin
-16.4%
-14.1% a year earlier
FY2012FY2019
Net income
-$418 million
FY2012FY2019
Diluted EPS
-$1.93
FY2012FY2019
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2019
FY2018
FY2017
On the year
Last 8 years
Revenue
2,822
2,143
1,574
+31.7%
Research and development
1,212
911
681
+33.1%
Operating income
-463
-303
-353
Operating margin
-16.4%
-14.1%
-22.4%
Interest expense
60.2
44.5
30.1
+35.2%
Pre-tax income
-424
-315
-386
Income tax
-5.5
6.4
-0.8
Net income
-418
-321
-385
Net margin
-14.8%
-15.0%
-24.4%
Diluted EPS
-$1.93
-$1.55
-$2.06
$ 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
FY2019
FY2018
FY2017
On the year
Last 8 years
Operating cash flow
607
466
351
+30.3%
Capital expenditure
203
142
121
+43.1%
Free cash flow
404
324
230
+24.7%
Free cash flow margin
14.3%
15.1%
14.6%
Cash from investing
-843
-979
-169
Cash from financing
-257
1,106
59.7
Depreciation and amortisation
198
136
106
+46.0%
Share-based compensation
652
478
372
+36.4%
Balance sheet
$ million
FY2019
FY2018
FY2017
On the year
Last 8 years
Shareholders' equity
1,958
1,580
1,277
+23.9%
Debt
1,205
1,491
0.0
-19.2%
Other liabilities
2,358
1,876
1,992
+25.7%
Total liabilities and equity
5,521
4,947
3,268
+11.6%
Fixed assets
797
547
366
+45.8%
Goodwill
1,379
159
108
+765.3%
Intangible assets
313
34.2
48.8
+815.0%
Securities held for sale or to maturity
1,312
2,551
n/a
-48.6%
Cash and equivalents
639
1,134
540
-43.7%
Receivables
705
528
410
+33.4%
Other assets
376
n/a
1,796
Total assets
5,521
4,947
3,268
+11.6%
10-K for the year ended 31 January 2019, filed 18 March 2019: the filing.