Workday, Inc（WDAY）の決算・業績分析
Workday, Incの2025年有価証券報告書をAI分析。売上高$8.4B(+16.4%)。営業利益$415M。Information Technology。
目次
Workday, Incの2025年度 業績サマリー
Workday, Inc（証券コード: WDAY）の2025年度決算・業績分析。売上高は$8.4B（前年比+16.4%）。営業利益は$415M（前年比+126.8%）。純利益は$526M（前年比-61.9%）。有価証券報告書を基に、業績変化の要因・リスク・見通し・セグメント構成を AI が分析しました。
Workday, Incの2024年度 注目ポイント
※ 直近の2025年度XBRLデータは取込済みですが、AI分析は2024年度の10-Kを対象としています。
- Revenue grew 19.0% YoY to $5.1B (XBRL), but operating income remained negative at -$116M (XBRL).
- Net income improved 110.3% YoY to $29M (XBRL), though net margin was only 0.6% (XBRL).
- Net debt reached $1.4B (XBRL), or 9.8x EBITDA (XBRL), despite $1.5B in cash (XBRL).
- Operating cash flow rose to $1.7B (XBRL), but free cash flow was just $44M (XBRL).
- Revenue CAGR over 5 years was 23.7% (XBRL), but operating margin remained negative at -2.3% (XBRL).
Workday, Incの売上高変化の要因
- •Revenue grew 19.0% YoY to $5.1B (XBRL), with a 5-year CAGR of 23.7% (XBRL). Historical time series shows consistent growth from $2.1B in FY2020 to $6.2B in FY2025 (XBRL). Operating income improved 53.3% YoY to -$116M (XBRL), but remains negative. Net income turned positive at $29M (XBRL), up 110.3% YoY. No segment revenue breakdown is available (N/A).
Workday, Incの営業利益変化の要因
- •Operating margin was -2.3% (XBRL), with operating income of -$116M (XBRL), up 53.3% YoY. Net margin was 0.6% (XBRL), with net income of $29M (XBRL), up 110.3% YoY. EBITDA was $147M (XBRL), or 2.9% of revenue (XBRL). Gross profit is not disclosed (N/A).
Workday, Incの事業リスクと対応
Cybersecurity risks: Compromise of IT systems or unauthorized access to data could harm operations and reputation (10-K).
Infrastructure failures: Service outages or performance issues may increase costs and lose customers (10-K).
Privacy and regulatory risks: Evolving laws and regulations may increase compliance challenges (10-K).
Economic/geopolitical volatility: Global instability could impact demand and operations (10-K).
Competitive pressures: Intense competition and technology disruption (e.g., AI) may erode market position (10-K).
Reliance on partners for growth and challenges in predicting customer adoption or subscription renewals (10-K).
Workday, Incの今後の見通し・業績予想
Workday, Incの事業内容
Workday, Inc. (WDAY) provides AI-powered cloud solutions for enterprise finance, HR, and planning, licensing software to over 65 million users globally (10-K). Revenue is generated through software licenses and professional services (10-K). Key segments include Financial Management (CFO tools), Spend Management (procurement solutions), Human Capital Management (HCM for CHROs), Planning, and Analytics/Benchmarking (10-K). Products are cloud-based, open, and extensible (10-K). Key customers include over 10,000 organizations, with more than 50% of the Fortune 500 (10-K). Competitive advantages include Workday AI, integrated platform capabilities, weekly product updates, and AI Marketplace (10-K).
Workday, IncのAI業績分析レポート（2024年度）
Workday, Inc. (WDAY) FY2024 Annual Report Analysis
Highlights
Business Overview
Workday, Inc. provides AI-powered cloud solutions for enterprise finance, HR, and planning, licensing software to over 65 million users globally (10-K). Revenue is generated through software licenses and professional services (10-K). Key segments include Financial Management, Spend Management, Human Capital Management, Planning, and Analytics/Benchmarking (10-K). Products are cloud-based, open, and extensible (10-K). Key customers include over 10,000 organizations, with more than 50% of the Fortune 500 (10-K). Competitive advantages include Workday AI, integrated platform capabilities, weekly product updates, and AI Marketplace (10-K).
Revenue Analysis
Revenue grew 19.0% YoY to $5.1B (XBRL), with a 5-year CAGR of 23.7% (XBRL). Historical time series shows consistent growth from $2.1B in FY2020 to $6.2B in FY2025 (XBRL). Operating income improved 53.3% YoY to -$116M (XBRL), but remains negative. Net income turned positive at $29M (XBRL), up 110.3% YoY. No segment revenue breakdown is available (N/A).
Profitability Analysis
Operating margin was -2.3% (XBRL), with operating income of -$116M (XBRL), up 53.3% YoY. Net margin was 0.6% (XBRL), with net income of $29M (XBRL), up 110.3% YoY. EBITDA was $147M (XBRL), or 2.9% of revenue (XBRL). Gross profit is not disclosed (N/A).
Balance Sheet Analysis
Total assets grew from $5.5B in FY2020 to $16.5B in FY2025 (XBRL). Total equity increased from $1.6B to $5.6B (XBRL). Equity ratio was 33.6% (XBRL), with debt-to-equity of 1.74x (XBRL). Current ratio was 1.75x (XBRL). Net debt was $1.4B (XBRL), or 9.8x EBITDA (XBRL). Cash reserves were $1.5B (XBRL).
Cash Flow Analysis
Operating cash flow rose to $1.7B (XBRL), up from $1.3B in FY2023 (XBRL). Free cash flow was $44M (XBRL), with $263M in depreciation and amortization (XBRL). Investing cash flow was -$1.6B (XBRL), likely from capital expenditures. Financing cash flow was $110M (XBRL), with no share repurchases (XBRL).
Working Capital Analysis
Receivables days were 112 days (XBRL), payables days were 11 days (XBRL). Asset turnover was 0.38x (XBRL). No inventory data available (N/A).
Risks
Outlook
Historical revenue growth suggests continued expansion, with FY2025 revenue projected at $6.2B (XBRL). However, operating income is expected to decline to -$222M (XBRL), indicating ongoing profitability challenges. No specific management guidance is provided in the 10-K (N/A).
Historical Time Series
| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | 2.1B | 2.8B | 3.6B | 4.3B | 5.1B | 6.2B |
| Operating Income | -303M | -463M | -502M | -249M | -116M | -222M |
| Net Income | -321M | -418M | -481M | -282M | 29M | -367M |
| Total Assets | 5.5B | 6.8B | 8.7B | 10.5B | 13.5B | 16.5B |
| Total Equity | 1.6B | 2.0B | 2.5B | 3.3B | 4.5B | 5.6B |
| Operating Cash Flow | 466M | 607M | 865M | 1.3B | 1.7B | 1.7B |
Information Technologyの企業一覧
Workday, Incと同じ「Information Technology」セクターの企業