WDAY — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-27

• Total revenues were $5.2 billion for the six months ended July 31, 2026, compared to $4.6 billion for the prior year period, an increase of $603 million, or 13%. Subscription services revenues were $4.8 billion for the six months ended July 31, 2026, compared to $4.2 billion for the prior year perio…

• Our growth in subscription services revenues attributable to existing customers is further reflected by our gross revenue retention rate of approximately 97% as of July 31, 2026. Our gross revenue retention rate measures the percentage of recurring revenue retained from existing customers and is cal…

• Total costs and expenses were $4.5 billion for the six months ended July 31, 2026, compared to $4.3 billion for the prior year period, an increase of $240 million, or 6%. The increase in total costs and expenses included increases of $185 million in employee-related expenses, $82 million in third-pa…

• Costs of subscription services were $436 million for the three months ended July 31, 2026, compared to $370 million for the prior year period, an increase of $66 million, or 18%. The increase in costs of subscription services included increases of $33 million in third-party hosted infrastructure exp…

• Costs of subscription services were $848 million for the six months ended July 31, 2026, compared to $720 million for the prior year period, an increase of $128 million, or 18%. The increase in costs of subscription services included increases of $80 million in third-party hosted infrastructure expe…

Text removed vs the prior filing · source: 10-Q · 2026-05-22

• Our growth in subscription services revenues attributable to existing customers is further reflected by our gross revenue retention rate of approximately 97% as of April 30, 2026. Our gross revenue retention rate measures the percentage of recurring revenue retained from existing customers and is ca…

• Costs of subscription services were $412 million for the three months ended April 30, 2026, compared to $350 million for the prior year period, an increase of $62 million, or 18%. The increase in costs of subscription services included increases of $47 million in third-party hosted infrastructure ex…

• Equity compensation is an important element of our compensation philosophy. While we expect share-based compensation expense to grow in absolute dollars as we expand our global workforce, we expect it to decline as a percentage of total revenues.

• GAAP operating income was $338 million, or 13.3% of revenues, for the three months ended April 30, 2026, compared to the prior year GAAP operating income of $39 million, or 1.8% of revenues. The increase is primarily due to our revenue growth outpacing headcount growth, a reduction in restructuring …

• Employer payroll tax-related items on employee stock transactions0.7 %1.2 %

Text added vs the prior filing · source: 10-Q · 2026-08-27

• In the normal course of business, we are and have been the target of malicious cyber-attack attempts and have experienced and may in the future experience other security events, including the compromise of our information systems by computer hackers, employees, contractors, or vendors, as well as th…

• Furthermore, we have acquired or partnered with a number of companies, products, services, and technologies over the years, and incorporated third-party products, services, and technologies into our own products and services. Addressing security issues associated with acquisitions, partnerships, inc…

• We rely on sophisticated information systems and technology, including those provided by third parties, for the secure collection, processing, transmission, and storage of confidential, proprietary, and personal information, and to support our business operations and the availability of our applicat…

• Other regulatory developments in the U.S. present additional risks. For example, the California Consumer Privacy Act, as amended by the California Privacy Rights Act, gives California consumers, including employees, certain rights similar to those provided by the GDPR, and also provide for statutory…

• Furthermore, the U.S. Congress has considered, and may in the future adopt, federal privacy-related legislation and data regulation, and regulators, including the U.S. Federal Trade Commission, have brought and continue to bring enforcement actions related to data protection practices and may undert…

Text removed vs the prior filing · source: 10-Q · 2026-05-22

• The financial and personnel resources we employ to implement and maintain security measures, including our information security risk insurance policy, may not be sufficient to address our security needs. The security measures we have in place vary in maturity across the organization and may not be s…

• Additionally, remote work and resource access, including our hybrid work model, has and may continue to result in an increased risk of cybersecurity-related events, including phishing and other social engineering attacks, exploitation of any cybersecurity flaws that may exist, an increase in the num…

• Furthermore, we have acquired or partnered with a number of companies, products, services, and technologies over the years, and incorporated third-party products, services, and technologies into our own products and services. Addressing security issues associated with acquisitions, partnerships, inc…

• We rely on sophisticated information systems and technology, including those provided by third parties, for the secure collection, processing, transmission, and storage of confidential, proprietary, and personal information, and to support our business operations and the availability of our applicat…

• Regulatory developments in the U.S. present additional risks. For example, the California Consumer Privacy Act (“CCPA”) took effect on January 1, 2020, and the California Privacy Rights Act (“CPRA”), which expands upon the CCPA, came into effect on January 1, 2023. The CCPA and CPRA give California …

Text added vs the prior filing · source: 10-Q · 2026-08-27

• During the three months ended July 31, 2026, the following directors and/or officers of Workday adopted or terminated a “Rule 10b5-1 trading arrangement,” as defined in item 408(a) of Regulation S-K intending to satisfy the affirmative defense conditions of Rule 10b5-1(c):

Text removed vs the prior filing · source: 10-Q · 2026-05-22

• There were no insider trading arrangements adopted or terminated during the quarter.