---
schema_version: "secwatch.filing_event.v1"
accession: "0001327811-22-000182"
form_type: "8-K"
ticker: "WDAY"
cik: "0001327811"
company_name: "Workday, Inc."
filed_at: "2022-11-29T23:59:59+00:00"
generated_at: "2026-06-21T12:10:07.789856+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Workday Q3 FY23 revenue $1.60B (+20.5%); raises FY23 sub. guidance, $500M buyback

## Summary
- Subscription revenue $1.43B (+22.3% YoY); total subscription backlog $14.10B (+28.5%).
- GAAP operating loss $26.3M vs prior year income of $23.9M; non-GAAP op. margin 19.7% (down from 25.0%).
- GAAP diluted loss per share $0.29 vs prior year EPS $0.17; non-GAAP diluted EPS $0.99 vs $1.10.
- Raises FY23 subscription revenue guidance to $5.555-5.557B (22% growth); non-GAAP op. margin guidance to 19.2%.
- Board authorizes $500M share repurchase program over 18 months.

## SEC filing metadata
- accession: 0001327811-22-000182
- form_type: 8-K
- ticker: WDAY
- cik: 0001327811
- company_name: Workday, Inc.
- filed_at: 2022-11-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1327811/000132781122000182/0001327811-22-000182-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1327811/000132781122000182/wday-20221129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001327811-22-000182
- JSON: https://secwatch.observer/filing/0001327811-22-000182.json
- Plain text: https://secwatch.observer/filing/0001327811-22-000182.txt

## Key facts
- Earnings Releases
  Workday, Inc. reported fiscal 2023 third quarter ended October 31, 2022 results: revenue $1.60 billion, EPS $0.29. Guidance raised.
  - Period: fiscal 2023 third quarter ended October 31, 2022
  - Revenue: $1.60 billion
  - EPS: $0.29
  - Guidance: raised
  - Result: reported results
  source text: under Regulation FD. Section 8 – Other Events --- EX-99.1 (EX-99.1) --- Workday Announces Fiscal 2023 Third Quarter Financial Results Fiscal Third Quarter Total Revenues of $1.60 Billion, Up 20.5% Year Over Year Subscription Revenues of $1.43 Billion, Up 22.3% Year Over Year 24-Month Subscription Revenue Backlog of $8.62 Billion, Up 21.1% Year Over Year Total
  evidence_url: https://www.sec.gov/Archives/edgar/data/1327811/000132781122000182/0001327811-22-000182-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.