---
schema_version: "secwatch.filing_event.v1"
accession: "0001327811-23-000022"
form_type: "8-K"
ticker: "WDAY"
cik: "0001327811"
company_name: "Workday, Inc."
filed_at: "2023-02-27T23:59:59+00:00"
generated_at: "2026-06-18T23:19:45.874022+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Workday Q4 revenue $1.65B (+19.6% YoY); guides FY24 subscription rev $6.525-6.575B, non-GAAP op margin 23%

## Summary
- Q4 total revenue $1.65B (+19.6% YoY); subscription revenue $1.50B (+21.7% YoY).
- GAAP net loss per share $0.49; non-GAAP diluted EPS $0.99 vs $0.78 YoY.
- FY2023 total revenue $6.22B (+21.0%); subscription revenue $5.57B (+22.5%).
- FY2024 guidance: subscription revenue $6.525-6.575B (17-18% growth); non-GAAP op margin 23.0%.
- Carl Eschenbach appointed co-CEO, to become sole CEO in Jan 2024; Aneel Bhusri to executive chair.

## SEC filing metadata
- accession: 0001327811-23-000022
- form_type: 8-K
- ticker: WDAY
- cik: 0001327811
- company_name: Workday, Inc.
- filed_at: 2023-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1327811/000132781123000022/0001327811-23-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1327811/000132781123000022/wday-20230227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001327811-23-000022
- JSON: https://secwatch.observer/filing/0001327811-23-000022.json
- Plain text: https://secwatch.observer/filing/0001327811-23-000022.txt

## Key facts
- Earnings Releases
  Workday, Inc. reported fiscal fourth quarter ended January 31, 2023 results: revenue $1.65 billion, EPS -$0.49.
  - Period: fiscal fourth quarter ended January 31, 2023
  - Revenue: $1.65 billion
  - EPS: -$0.49
  - Result: reported results
  source text: Fiscal 2023 Fourth Quarter Results • Total revenues were $1.65 billion, an increase of 19.6% from the fourth quarter of fiscal 2022. Subscription revenues were $1.50 billion, an increase of 21.7% from the same period last year. • Operating loss was $89.0 million, or negative 5.4% of revenues, compared to an operating loss of $101.0 million, or negative 7.3% of revenues, in the same period last year. Non-GAAP operating income for the fourth quarter was $305.3 million, or 18.5% of revenues, compared to a non-GAAP operating income of $237.1 million, or 17.2% of revenues, in the same period last year. 1 • Basic and diluted net loss per share was $0.49, compared to basic and diluted net loss per share of $0.29 in the fourth quarter of fiscal 2022. Non-GAAP basic and diluted net income per share was $1.00 and $0.99, respectively, compared to non-GAAP basic and diluted net income per share of $0.82 and $0.78, respectively, in the same period last year. 2
  evidence_url: https://www.sec.gov/Archives/edgar/data/1327811/000132781123000022/0001327811-23-000022-index.htm
- Earnings Releases
  Workday, Inc. reported fiscal year 2024 results: revenue $6.525 billion to $6.575 billion. Guidance raised.
  - Period: fiscal year 2024
  - Revenue: $6.525 billion to $6.575 billion
  - Guidance: raised
  - Result: guidance update
  source text: We are maintaining the midpoint of our preliminary fiscal year 2024 subscription revenue guidance while increasing our fiscal 2024 non-GAAP operating margin outlook to the high end. We now expect subscription revenue of $6.525 billion to $6.575 billion, growth of 17% to 18%, and non-GAAP operating margin of 23.0%, which includes a 150 basis point increase resulting from a change in our useful life policy for servers and network equipment.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1327811/000132781123000022/0001327811-23-000022-index.htm

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