Workday (WDAY) FY2023 results: revenue $6.2 billion, up 21.0% on the year
Workday, Inc. (WDAY) reported revenue of $6.2 billion for fiscal 2023, the year ended 31 January 2023, up 21.0% on the year before. Net income was -$367 million, and diluted earnings per share $-1.44. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2023.
Revenue
$6.2 billion
+21.0% on the year
FY2016FY2023
Operating margin
-3.6%
-2.3% a year earlier
FY2016FY2023
Net income
-$367 million
FY2016FY2023
Diluted EPS
-$1.44
FY2016FY2023
this yearthe year beforeHover a bar for its figure.
$ 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
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
1,657
1,651
1,268
+0.4%
Capital expenditure
364
n/a
n/a
Free cash flow
1,293
n/a
n/a
Free cash flow margin
20.8%
n/a
n/a
Cash from investing
-2,506
-1,607
-1,242
Cash from financing
1,204
110
625
+994.4%
Share-based compensation
1,295
1,101
1,005
+17.6%
Buybacks
75.0
0.0
0.0
Diluted shares, weighted
255m
254m
237m
+0.3%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
5,586
4,535
3,278
+23.2%
Debt
2,976
1,840
1,795
+61.8%
Operating lease liabilities
182
182
350
-0.4%
Other liabilities
4,743
3,941
3,296
+20.3%
Total liabilities and equity
13,486
10,499
8,718
+28.5%
Fixed assets
1,201
1,123
972
+7.0%
Goodwill
2,840
2,840
1,820
0.0%
Investments
4,235
2,110
2,151
+100.7%
Cash and equivalents
1,886
1,534
1,384
+22.9%
Receivables
1,570
1,243
1,032
+26.4%
Other assets
1,753
1,649
1,358
+6.4%
Total assets
13,486
10,499
8,718
+28.5%
10-K for the year ended 31 January 2023, filed 27 February 2023: the filing.