earnings
confidence medium
sentiment positive
materiality 0.75
Workday Q1 revenue $2.542B (+13.5%); GAAP EPS $0.87, non-GAAP $2.66; backlog up 15.5%
Workday, Inc.
- Total revenues $2.542B, up 13.5% YoY; subscription revenues $2.354B, up 14.3% YoY.
- GAAP operating income $338M (13.3% of revs) vs $39M (1.8%) YoY; non-GAAP operating income $809M (31.8% of revs).
- GAAP diluted EPS $0.87 vs $0.25 YoY; non-GAAP diluted EPS $2.66 vs $2.23 YoY.
- 12-month subscription backlog $8.806B (+15.5% YoY); total backlog $27.294B (+10.9% YoY).
- Operating cash flow $696M vs $457M; free cash flow $616M vs $421M; repurchased 12.0M shares for $1.6B.