WDAY Q1 2023 Earnings — Workday, Inc. Revenue & Financial Results | Market Cap Arena

WDAYWorkday, Inc.

$38B

Q1 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$1.4B+22.1% YoY

Gross Profit

$1.0B71.9% margin

Operating Income

-$73M-5.1% margin

Net Income

-$102M-7.1% margin

EPS (Diluted)

$-0.41

QoQ Revenue Growth

+4.3%

Cash Flow

Operating Cash Flow

$440M

Free Cash Flow

$381M

Stock-Based Comp.

$312M

Balance Sheet

Total Assets

$12.8B

Total Liabilities

$8.0B

Stockholders' Equity

$4.8B

Cash & Equivalents

$2.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.2B	+22.1%
Gross Profit	$1.0B	$842M	+22.5%
Operating Income	-$73M	-$38M	-90.1%
Net Income	-$102M	-$47M	-119.6%

Revenue Segments

Subscription Services

$1.3B89%

Professional Services

$163M11%

Geographic Segments

UNITED STATES

$1.1B75%

Non-US

$360M25%