secwatch.observer — SEC 8-K summary
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Issuer:     Workday, Inc. (WDAY)
CIK:        0001327811
Form:       8-K
Filed at:   2024-02-26T23:59:59+00:00
Accession:  0001327811-24-000031
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Workday Q4 rev $1.9B (+17% YoY); FY2024 subs rev $6.6B (+19%); guides FY2025 subs $7.725B-7.775B
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- Q4 total revenues $1.9B (+17% YoY); subscription revenues $1.8B (+18% YoY).
- Q4 GAAP diluted EPS $4.42 (benefits from $1.1B deferred tax asset release); non-GAAP diluted EPS $1.57.
- FY2024 total revenues $7.3B (+17%); subscription revenues $6.6B (+19%); operating cash flows $2.1B (+30%); total subscription backlog $20.9B (+27%).
- Reiterates FY2025 subscription revenue guidance $7.725B-$7.775B (17-18% growth) and non-GAAP operating margin ~24.5%.
- Board authorized new $500M share repurchase program with 18-month term.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327811/000132781124000031/0001327811-24-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327811/000132781124000031/wday-20240226.htm
  HTML page:      https://secwatch.observer/filing/0001327811-24-000031

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