Filing Flows › Workday (WDAY) › Q4 FY25
Workday (WDAY) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Mar 11, 2025
Workday (WDAY) reported revenue of $2.2B for the fourth quarter fiscal 2025 (Q4 FY25), +15% from a year earlier and +2% from the quarter before. Operating margin was 3.4%, net earnings $94.0M (4.3% of revenue).
Workday, Q4 FY25: revenue $2.2B (+15% year over year), operating margin 3.4%, net earnings $94.0M, operating cash flow $1.1B. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | +2% | +15% |
| Operating profit | $75.0M | -55% | -5% |
| Net earnings | $94.0M | -51% | -92% |
| Operating cash flow | $1.1B | +174% | +12% |
| Free cash flow | $1.0B | +186% | +8% |
What changed
Revenue was $2.2B in Q4 FY25, up 15% year over year and up 2% from the previous quarter. Subscription services was the largest line at 92% of revenue.
Operating profit was $0.07B, a 3.4% margin (down 0.7 points year over year). Operating profit fell $4.0M even though revenue rose $0.29B versus a year earlier, so costs grew faster than sales. Total costs grew 16% against revenue growth of 15%. The fastest-growing cost line was Other operating costs (+33%). Net earnings were $0.09B, down 92% year over year. The effective tax rate was 21.7%. Non-operating items added $0.04B, 38% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $1.1B (up 12% year over year), 1183% of net earnings. Non-cash charges added back $0.07B of depreciation and $0.40B of share-based compensation. Working capital and other items added $0.55B. Capital expenditures of $0.09B left free cash flow of $1.0B.
Questions
What was Workday's revenue in the fourth quarter fiscal 2025?
Workday (WDAY) reported revenue of $2.2B for the fourth quarter fiscal 2025 (Q4 FY25), +15% from a year earlier and +2% from the quarter before.
Was Workday profitable in the fourth quarter fiscal 2025?
Operating profit was $75.0M (3.4% of revenue) and net earnings $94.0M.
Source: Workday 10-K on SEC EDGAR.