Business
Workday Announces Fiscal Fourth Quarter and Full Year 2021 Financial Results
Fiscal Fourth Quarter Total Revenues of $1.13 Billion, Up 15.9% Year Over YearSubscription Revenue of $1.01 Billion, Up 19.8% Year Over Year24-Month
About this update from Workday, Inc.
[{"type":"text","content":"Fiscal Fourth Quarter Total Revenues of $1.13 Billion, Up 15.9% Year Over YearSubscription Revenue of $1.01 Billion, Up 19.8% Year Over Year24-Month Subscription Revenue Backlog of $6.53 Billion, Up 19.2% Year Over YearTotal Subscription Revenue Backlog of $10.09 Billion, Up 21.6% Year Over Year Fiscal Year 2021 Total Revenues of $4.32 Billion, Up 19.0% Year Over YearSubscription Revenue of $3.79 Billion, Up 22.4% Year Over YearOperating Cash Flows of $1.27 Billion, Up 46.7% Year Over Year PLEASANTON, Calif., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today announced results for the fiscal fourth quarter and full year ended January 31, 2021. Fiscal Fourth Quarter 2021 Results Total revenues were $1.13 billion, an increase of 15.9% from the fourth quarter of fiscal 2020. Subscription revenue was $1.01 billion, an increase of 19.8% from the same period last year.Operating loss was $73.3 million, or negative 6.5% of revenues, compared to an operating loss of $146.1 million, or negative 15.0% of revenues, in the same period last year. Non-GAAP operating income for the fourth quarter was $211.0 million, or 18.6% of revenues, compared to a non-GAAP operating income of $116.6 million, or 11.9% of revenues, in the same period last year.1Net loss per basic and diluted share was $0.30, compared to a net loss per basic and diluted share of $0.56 in the fourth quarter of fiscal 2020. Non-GAAP net income per diluted share was $0.73, compared to a non-GAAP net income per diluted share of $0.50 in the same period last year.2 Fiscal Year 2021 Results Total revenues were $4.32 billion, an increase of 19.0% from fiscal 2020. Subscription revenue was $3.79 billion, an increase of 22.4% from the prior year.Operating loss was $248.6 million, or negative 5.8% of revenues, compared to an operating loss of $502.2 million, or negative 13.8% of revenues, in fiscal 2020. Non-GAAP operating income was $867.2 million, or 20.1% of revenues, compared to a non-GAAP operating income of $484.5 million, or 13.4% of revenues, in the prior year.1Net loss per basic and diluted share was $1.19, compared to a net loss per basic and diluted share of $2.12 in fiscal 2020. Non-GAAP net income per diluted share was $2.93, compared to a non-GAAP net income per diluted share of $...