Workday Inc
For the period ended Jan 31, 2025. Filed Mar 11, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 11, 2025
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, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Revenues: | |||
| Subscription services | $7,718 | $6,603 | $5,567 |
| Professional services | 728 | 656 | 649 |
| Total revenues | 8,446 | 7,259 | 6,216 |
| Costs and expenses (1): | |||
| Costs of subscription services | 1,266 | 1,031 | 1,007 |
| Costs of professional services | 803 | 740 | 703 |
| Product development | 2,626 | 2,464 | 2,247 |
| Sales and marketing | 2,432 | 2,139 | 1,842 |
| General and administrative | 820 | 702 | 599 |
| Restructuring | 84 | 0 | 40 |
| Total costs and expenses | 8,031 | 7,076 | 6,438 |
| Operating income (loss) | 415 | 183 | (222) |
| Other income (expense), net | 223 | 173 | (38) |
| Income (loss) before provision for (benefit from) income taxes | 638 | 356 | (260) |
| Provision for (benefit from) income taxes | 112 | (1,025) | 107 |
| Net income (loss) | $526 | $1,381 | $(367) |
| Net income (loss) per share, basic | $1.98 | $5.28 | $(1.44) |
| Net income (loss) per share, diluted | $1.95 | $5.21 | $(1.44) |
| Weighted-average shares used to compute net income (loss) per share, basic | 265,257 | 261,344 | 254,819 |
| Weighted-average shares used to compute net income (loss) per share, diluted | 269,205 | 265,285 | 254,819 |
(1)Costs and expenses include share-based compensation expense as follows:
| Year Ended January 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Costs of subscription services | $145 | $120 | $105 |
| Costs of professional services | 114 | 116 | 111 |
| Product development | 670 | 653 | 616 |
| Sales and marketing | 310 | 282 | 248 |
| General and administrative | 272 | 245 | 210 |
| Restructuring | 8 | 0 | 5 |
| Total share-based compensation expense | $1,519 | $1,416 | $1,295 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.