AI English summary of an SEC filing — figures as filed
Workday WDAYThe company said annual total revenues for the fiscal year ended January 31, 2024 rose 17% from the prior year to $7.3 billion, and subscription revenues rose 19% to $6.6 billion.
Key points
AI summaryThe company said annual total revenues for the fiscal year ended January 31, 2024 rose 17% from the prior year to $7.3 billion, and subscription revenues rose 19% to $6.6 billion.
Workday reported annual GAAP operating income of $183 million (2.5% of revenues) and net income of $1,381 million, compared with an operating loss of $222 million and a net loss of $367 million a year earlier.
The company said operating cash flow for the year was $2.1 billion ($1.7 billion a year earlier), free cash flow was $1.9 billion ($1.3 billion a year earlier), and cash, cash equivalents and marketable securities totaled $7.8 billion.
The company said its Board of Directors approved the 2024 Share Repurchase Program to repurchase up to $500 million of its Class A common stock. The program has a term of 18 months and does not obligate the company to acquire any amount of Class A common stock.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Annual Total Revenues $7.3 billion, Subscription Revenues $6.6 billion
The company said annual total revenues for the fiscal year ended January 31, 2024 rose 17% from the prior year to $7.3 billion, and subscription revenues rose 19% to $6.6 billion.
Source · Based on the filing body and exhibits
Annual GAAP Operating Income $183 million, Net Income $1,381 million
Workday reported annual GAAP operating income of $183 million (2.5% of revenues) and net income of $1,381 million, compared with an operating loss of $222 million and a net loss of $367 million a year earlier.
Source · Based on the filing body and exhibits
Annual Operating Cash Flow $2.1 billion, Free Cash Flow $1.9 billion
The company said operating cash flow for the year was $2.1 billion ($1.7 billion a year earlier), free cash flow was $1.9 billion ($1.3 billion a year earlier), and cash, cash equivalents and marketable securities totaled $7.8 billion.
Source · Based on the filing body and exhibits
$500 million Share Repurchase Program Approved in 2024
The company said its Board of Directors approved the 2024 Share Repurchase Program to repurchase up to $500 million of its Class A common stock. The program has a term of 18 months and does not obligate the company to acquire any amount of Class A common stock.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…