Workday Inc (WDAY) – Strong growth in subscription revenue led to top-line growth

in on August 19, 2019

Workday’s revenues increased by 33.4% to $825.1mn in Q1FY20 due to strong growth in subscription revenue. Subscription services revenues (84.9% of total revenues) rallied 34.3% Y/Y to $701mn on the back of expanding customer base and robust net new ACV growth. Further, synergies from Adaptive Insights acquisition and strong product suite drove revenues in the reported quarter.

Number of Pages – 34


Executive Summary

Financial Statements

–Income Statement and Forecast

–Balance Sheet

–Cash Flow

–Q1FY20 Results Overview

–Segment Performance

–Management Guidance


–GAAP to non-GAAP Reconciliations

Historical Performance

–Key Ratios

–Profitability Ratios, Asset Turnover Ratio, Growth Ratio

–Per-share data

Product Performance and Key Developments



Valuation and Consensus Performance

–Relative Valuation

–Analyst Recommendations

Market Price Performance

CrispIdea Coverage

Release Information

  • Released

    August 19, 2019

  • Last Updated

    August 19, 2019