Workday, Inc.

WDAY

Financial Statements

Income Statement (Annual)

Amounts in millions

2025

1/31/2025

Revenue

8,446

Cost of Revenue

2,069

Gross Profit

6,377

Gross Margin

75.5%

Operating Income

415

Operating Margin

4.9%

Net Income

526

Net Margin

6.2%

EPS (Basic)

$1.98

EPS (Diluted)

$1.95

EBITDA

1,078

EBITDA Margin

12.8%

2024

1/31/2024

Revenue

7,259

Cost of Revenue

1,771

Gross Profit

5,488

Gross Margin

75.6%

Operating Income

183

Operating Margin

2.5%

Net Income

1,381

Net Margin

19.0%

EPS (Basic)

$5.28

EPS (Diluted)

$5.21

EBITDA

752

EBITDA Margin

10.4%

2023

1/31/2023

Revenue

6,216

Cost of Revenue

1,710

Gross Profit

4,506

Gross Margin

72.5%

Operating Income

-222

Operating Margin

-3.6%

Net Income

-367

Net Margin

-5.9%

EPS (Basic)

$-1.44

EPS (Diluted)

$-1.44

EBITDA

206

EBITDA Margin

3.3%

2022

1/31/2022

Revenue

5,139

Cost of Revenue

1,428

Gross Profit

3,711

Gross Margin

72.2%

Operating Income

-116

Operating Margin

-2.3%

Net Income

Net Margin

0.6%

EPS (Basic)

$0.12

EPS (Diluted)

$0.12

EBITDA

377

EBITDA Margin

7.3%

2021

1/31/2021

Revenue

4,318

Cost of Revenue

1,198

Gross Profit

3,120

Gross Margin

72.3%

Operating Income

-249

Operating Margin

-5.8%

Net Income

-282

Net Margin

-6.5%

EPS (Basic)

$-1.19

EPS (Diluted)

$-1.19

EBITDA

EBITDA Margin

2.0%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2025	2024	2023	2022	2021
Revenue	8,446	7,259	6,216	5,139	4,318
Cost of Revenue	2,069	1,771	1,710	1,428	1,198
Gross Profit	6,377	5,488	4,506	3,711	3,120
Gross Margin	75.5%	75.6%	72.5%	72.2%	72.3%
Operating Income	415	183	-222	-116	-249
Operating Margin	4.9%	2.5%	-3.6%	-2.3%	-5.8%
Net Income	526	1,381	-367	29	-282
Net Margin	6.2%	19.0%	-5.9%	0.6%	-6.5%
EPS (Basic)	$1.98	$5.28	$-1.44	$0.12	$-1.19
EPS (Diluted)	$1.95	$5.21	$-1.44	$0.12	$-1.19
EBITDA	1,078	752	206	377	87
EBITDA Margin	12.8%	10.4%	3.3%	7.3%	2.0%