secwatch.observer — SEC 8-K summary
======================================

Issuer:     Workday, Inc. (WDAY)
CIK:        0001327811
Form:       8-K
Filed at:   2022-05-26T23:59:59+00:00
Accession:  0001327811-22-000090
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Workday Q1 FY2023 revenue $1.43B (+22.1% YoY); raises FY2023 subscription revenue guidance
--------------------------------------------------------------------------------

- GAAP EPS loss of $0.41 vs loss $0.19 YoY; Non-GAAP diluted EPS $0.83 vs $0.87 YoY.
- Subscription revenue $1.27B (+23.2% YoY); total subscription backlog $12.65B (+25.5%).
- Operating loss $72.8M (GAAP); Non-GAAP operating income $288.6M, margin 20.1% vs 24.6% YoY.
- FY2023 subscription revenue guidance raised to $5.537-5.557B (22% growth); Q2 guidance $1.353-1.355B.
- Cash and marketable securities $6.26B; operating cash flow $439.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327811/000132781122000090/0001327811-22-000090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327811/000132781122000090/wday-20220526.htm
  HTML page:      https://secwatch.observer/filing/0001327811-22-000090

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer