Workday Inc
For the period ended Jan 31, 2024. Filed Mar 8, 2024.
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FY2024 · Filed Mar 8, 2024
WDAY$190.21-1.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(in millions, except number of shares which are reflected in thousands and per share data)
| Year Ended January 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenues: | |||
| Subscription services | $6,603 | $5,567 | $4,546 |
| Professional services | 656 | 649 | 593 |
| Total revenues | 7,259 | 6,216 | 5,139 |
| Costs and expenses (1): | |||
| Costs of subscription services | 1,031 | 1,011 | 796 |
| Costs of professional services | 740 | 704 | 632 |
| Product development | 2,464 | 2,271 | 1,879 |
| Sales and marketing | 2,139 | 1,848 | 1,462 |
| General and administrative | 702 | 604 | 486 |
| Total costs and expenses | 7,076 | 6,438 | 5,255 |
| Operating income (loss) | 183 | (222) | (116) |
| Other income (expense), net | 173 | (38) | 132 |
| Income (loss) before provision for (benefit from) income taxes | 356 | (260) | 16 |
| Provision for (benefit from) income taxes | (1,025) | 107 | (13) |
| Net income (loss) | $1,381 | $(367) | $29 |
| Net income (loss) per share, basic | $5.28 | $(1.44) | $0.12 |
| Net income (loss) per share, diluted | $5.21 | $(1.44) | $0.12 |
| Weighted-average shares used to compute net income (loss) per share, basic | 261,344 | 254,819 | 247,249 |
| Weighted-average shares used to compute net income (loss) per share, diluted | 265,285 | 254,819 | 254,032 |
(1)Costs and expenses include share-based compensation expenses as follows:
| Year Ended January 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Costs of subscription services | $120 | $106 | $86 |
| Costs of professional services | 116 | 111 | 113 |
| Product development | 653 | 619 | 543 |
| Sales and marketing | 282 | 249 | 216 |
| General and administrative | 245 | 210 | 154 |
| Total share-based compensation expenses | $1,416 | $1,295 | $1,112 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.