Investor Presentation Q3 FY25 Safe Harbor Statement This presentation may contain forward-looking statements for which there are risks, uncertainties, and assumptions. Forward-looking statements may include any statements regarding strategies or plans for future operations; any statements concerning new features, enhancements or upgrades to our existing applications or plans for future applications; any projections of revenues, gross margins, earnings, or other financial items; and any statements of expecta ...

Financial Performance - Total revenues for Q3 fiscal 2025 were $2.160 billion, up 15.8% year-over-year[3] - Subscription revenues reached $1.959 billion, also reflecting a 15.8% increase from the previous year[3] - Operating income was $165 million, representing 7.6% of revenues, compared to $88 million (4.7% of revenues) in Q3 fiscal 2024[3] - Non-GAAP operating income for Q3 was $569 million, or 26.3% of revenues, up from $462 million (24.8% of revenues) year-over-year[3] - The 12-month subscription revenue backlog was $6.98 billion, an increase of 15.3% year-over-year[3] - Total revenues for the nine months ended October 31, 2024, were $6,235 million, compared to $5,337 million for the same period in 2023, reflecting a growth of 13.4%[17] - Operating income for Q3 2024 was $165 million, significantly higher than $88 million in Q3 2023, marking an increase of 87.5%[17] - Net income for the nine months ended October 31, 2024, was $432 million, compared to $193 million for the same period in 2023, representing a growth of 123.3%[17] Cash Flow and Investments - Cash provided by operating activities for the nine months ended October 31, 2024, was $1,349 million, compared to $1,153 million in the same period of 2023, an increase of 17%[19] - The company reported a net cash used in investing activities of $1,054 million for the nine months ended October 31, 2024, compared to $1,270 million in the same period of 2023[19] - The company experienced a net increase in cash and cash equivalents of $128 million for the nine months ended October 31, 2024, compared to a decrease of $319 million in the same period of 2023[19] - Free cash flows for the nine months ended October 31, 2024, were $1,166 million, compared to $970 million for the same period in 2023, indicating a 20.2% increase[25] Expenses and Margins - Workday plans to achieve a non-GAAP operating margin of 25.5% for fiscal 2025[8] - Workday's total costs and expenses for the nine months ended October 31, 2024, were $5,895 million, compared to $5,233 million for the same period in 2023, reflecting an increase of 12.7%[17] - Non-GAAP operating margin for the three months ended October 31, 2024, was 26.3%, compared to 24.8% in the same period of 2023[23] - Operating margin for the three months ended October 31, 2024, improved to 7.6%, up from 4.7% in the same period of 2023[23] - Share-based compensation expenses for Q3 2024 totaled $349 million, up from $349 million in Q3 2023[19] - Share-based compensation expenses for the three months ended October 31, 2024, were $368 million, compared to $349 million for the same period in 2023, reflecting a 5.4% increase[23] Future Projections and Strategic Initiatives - Workday expects fiscal 2025 subscription revenue to be $7.703 billion, indicating a growth of 17%[4] - The company announced the introduction of Workday Illuminate and new AI agents to enhance HR and finance processes[5] - Workday completed the acquisition of Evisort, an AI-native document intelligence platform[7] - The projected non-GAAP tax rate for fiscal 2024 and 2025 is set at 19%[30] - Workday plans to exclude certain acquisition-related costs and realignment costs from its non-GAAP results starting fiscal 2025[26] Shareholder Information - The weighted-average shares used to compute diluted net income per share increased to 268,549 thousand for Q3 2024 from 266,377 thousand in Q3 2023[17] - Non-GAAP diluted net income per share for the three months ended October 31, 2024, was $1.89, up from $1.56 in the same period of 2023, reflecting a 21.1% increase[23]

Fiscal Third Quarter Total Revenues of $2.160 Billion, Up 15.8% Year Over YearSubscription Revenues of $1.959 Billion, Up 15.8% Year Over YearPLEASANTON, Calif., Nov. 26, 2024 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), a leading provider of solutions to help organizations manage their people and money, today announced results for the fiscal 2025 third quarter ended October 31, 2024.Fiscal 2025 Third Quarter Results Total revenues were $2.160 billion, an increase of 15.8% from the third quarter of fisc ...

Core Insights - Workday has appointed Rob Enslin as the new president and chief commercial officer (CCO) to lead its global commercial strategy and drive revenue growth [1][3] - Enslin has over 30 years of experience in the technology sector, including leadership roles at UiPath, Google Cloud, and SAP, which positions him well to guide Workday's growth [2][3] - Enslin's appointment is effective December 2, 2024, and he aims to leverage Workday's AI capabilities to enhance its position in the ERP market [3] Company Overview - Workday is a leading enterprise platform that assists organizations in managing their people and financial resources, with a focus on AI integration [4] - The platform is utilized by over 10,500 organizations globally, including more than 60% of the Fortune 500 companies [4]

In its upcoming report, Workday (WDAY) is predicted by Wall Street analysts to post quarterly earnings of $1.72 per share, reflecting an increase of 12.4% compared to the same period last year. Revenues are forecasted to be $2.13 billion, representing a year-over-year increase of 14%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.3% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during thi ...

PLEASANTON, Calif., Nov. 8, 2024 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), a leading provider of solutions to help organizations manage their people and money, has been named a Leader in the 2024 Gartner Magic Quadrant for Cloud ERP for Service-Centric Enterprises] for the third year in a row. A complimentary copy of the report is available here.Workday empowers service-centric organizations across healthcare, financial services, telecommunications, and more to make confident financial decisions faster. ...

Partnership Will Put Compa's Market Intelligence Data at the Fingertips of Workday Customers, Empowering Them to Make Competitive, Data-Driven Hiring Decisions and Foster Pay EquityPLEASANTON and NEWPORT BEACH, Calif., Nov. 4, 2024 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), a leading provider of solutions to help organizations manage their people and money, and Compa, the leading provider of software-delivered market data, today announced a partnership to bring Compa's real-time market intelligence direc ...

PLEASANTON, Calif., Nov. 4, 2024 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), a leading provider of solutions to help organizations manage their people and money, plans to announce its fiscal 2025 third quarter financial results after market close on Tuesday, November 26, 2024. The company will host a conference call at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time to review its financial results and business outlook.A live webcast of the event will be available on the Workday Investor Relations site. Th ...

I only buy strong businesses. I only buy them when they're cheap. Backgrounds in economics, philosophy, government, data. I started my investing journey with a fairly concentrated portfolio of Canadian dividend payers in the telecom, pipeline and banking industries. I have moved forward through different industries including payments, US regional banking, Chinese and Brazilian equities, REITs, technology companies and a few other emerging market opportunities, as well as microcap through to megacap range. I ...

Wave of New County and City Customer Wins Underscores Increasing Demand for AI Innovation to Drive Modernization Efforts in Local Governments Across the United States New Customers Include City of Cleveland, Ohio; City of Galveston, Texas; County of Missoula, Montana; City of Milwaukee, Wisconsin; City of North Las Vegas, Nevada; and More PLEASANTON, Calif., Oct. 30, 2024 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), a leading provider of solutions to help organizations manage their people and money, today ...