Workday
Company
Information technology
Since 2005
USA
Pleasanton
CA 94588, 6230 Stoneridge Mall Road
Top managers:
Dave Duffield
Since 2005
USA
Pleasanton
CA 94588, 6230 Stoneridge Mall Road
Top managers:
Dave Duffield
Content |
Revenue and Net Profit billions
Assets
+ Workday
Performance indicators
2019: Revenue growth by 31.7% to $2.82 billion; losses - $418.3 million
Fiscal year 2019, which came to the end of January 31, 2019 calendar year, Workday completed with sales of $2.82 billion - this is 31.7% higher than a year ago. Revenue from the sale of subscriptions during this time increased by 33.4% and reached $2.39 billion. The rest of the revenues ($436.4 million) of the company brought professional services.
Workday's revenue is increasing due to the fact that more companies are choosing its cloud services for personnel management and payroll. Thanks to this demand, the vendor recorded revenues above market expectations and raised its forecast for revenue for fiscal year 2020. This contributed to a 2% increase in the company's share price on the day the annual statements were published.