Workday Inc
For the period ended Apr 30, 2024. Filed May 29, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Apr 30, 2024 · Filed May 29, 2024
WDAY$188.89-0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows for the
Condensed Consolidated Statements of Cash Flows
| Three Months Ended April 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities: | ||
| Net income (loss) | $107 | $0 |
| Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | ||
| Depreciation and amortization | 75 | 70 |
| Share-based compensation expenses | 385 | 369 |
| Amortization of deferred costs | 59 | 49 |
| Non-cash lease expense | 25 | 24 |
| (Gains) losses on investments | 7 | 8 |
| Accretion of discounts on marketable debt securities, net | (33) | (34) |
| Deferred income taxes | 6 | 2 |
| Other | 1 | (5) |
| Changes in operating assets and liabilities, net of business combinations: | ||
| Trade and other receivables, net | 509 | 473 |
| Deferred costs | (40) | (35) |
| Prepaid expenses and other assets | (21) | (19) |
| Accounts payable | 10 | (58) |
| Accrued expenses and other liabilities | (193) | (223) |
| Unearned revenue | (525) | (344) |
| Net cash provided by (used in) operating activities | 372 | 277 |
| Cash flows from investing activities: | ||
| Purchases of marketable securities | (778) | (1,888) |
| Maturities of marketable securities | 1,096 | 1,232 |
| Sales of marketable securities | 17 | 22 |
| Capital expenditures | (81) | (59) |
| Business combinations, net of cash acquired | (512) | 0 |
| Purchase of other intangible assets | 0 | (9) |
| Purchases of non-marketable equity and other investments | 0 | (11) |
| Net cash provided by (used in) investing activities | (258) | (713) |
| Cash flows from financing activities: | ||
| Repurchases of common stock | (128) | 0 |
| Proceeds from issuance of common stock from employee equity plans | 0 | 1 |
| Taxes paid related to net share settlement of equity awards | (239) | (3) |
| Net cash provided by (used in) financing activities | (367) | (2) |
| Effect of exchange rate changes | 0 | (1) |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | (253) | (439) |
| Cash, cash equivalents, and restricted cash at the beginning of period | 2,024 | 1,895 |
| Cash, cash equivalents, and restricted cash at the end of period | $1,771 | $1,456 |
| Three Months Ended April 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Supplemental cash flow data: | ||
| Cash paid for interest | $55 | $55 |
| Cash paid for income taxes, net of refunds | 6 | 11 |
| Non-cash investing and financing activities: | ||
| Purchases of property and equipment, accrued but not paid | 37 | 54 |
| Accrued taxes related to net share settlement of equity awards | 35 | 0 |
| As of April 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Reconciliation of cash, cash equivalents, and restricted cash as shown in the Condensed Consolidated Statements of Cash Flows: | ||
| Cash and cash equivalents | $1,752 | $1,444 |
| Restricted cash included in Prepaid expenses and other current assets | 19 | 12 |
| Total cash, cash equivalents, and restricted cash | $1,771 | $1,456 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.