Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data
Workday Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)
Based on: 10-Q (reporting date: 2025-07-31), 10-Q (reporting date: 2025-04-30), 10-K (reporting date: 2025-01-31), 10-Q (reporting date: 2024-10-31), 10-Q (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-K (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-K (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30).
- Current Liabilities
- Current liabilities as a percentage of total liabilities and stockholders’ equity showed volatility but an overall declining trend from 41.95% in April 2019 to 27.53% in July 2025. Periodic spikes occur, notably around early 2021 with values near 49%, followed by a gradual reduction through subsequent quarters.
- Accounts Payable
- Accounts payable remained relatively stable within a narrow range, fluctuating mostly between 0.45% and 1.14%. A slight peak occurred in January 2023 (1.14%), but generally, the ratio oscillated without a clear upward or downward trend, indicating consistent management of payables relative to the company's total funding.
- Accrued Expenses and Other Current Liabilities
- Accrued expenses and other current liabilities showed mild fluctuation but remained around 1.5% to 2.7%. There was a notable spike to 2.7% in October 2022, followed by a subsequent moderation around 1.6% to 1.9% in later periods, suggesting some transient increases in accrued obligations.
- Accrued Compensation
- Accrued compensation percentages generally ranged between approximately 2.8% and 4.2%. Peaks appeared in April 2019 (4.2%) and January 2023 (4.18%), with dips below 3% in other quarters. The trend shows some fluctuations but no prolonged increases or decreases, indicating relatively stable compensation accruals relative to total funding.
- Unearned Revenue (Current)
- Unearned current revenue consistently constituted a significant portion of total liabilities and equity, though showing a gradual declining pattern from nearly 30% in early periods down to about 21% in later years. This steady decline suggests a reduction in deferred revenue obligations relative to total funding.
- Operating Lease Liabilities (Current)
- Current operating lease liabilities exhibited a general decrease over time, declining from around 1.1% in early periods to values between 0.54% and 0.62% in later periods, indicating a reduction in short-term lease obligations.
- Debt (Current and Noncurrent)
- Current debt percentages demonstrated volatility, with a significant spike to 20.58% in July 2019, then variable decreases and partial recoveries. In contrast, noncurrent debt was sizeable and fluctuated mainly between approximately 16% and 24%. While noncurrent debt showed some peaks in mid-periods, there is a mild overall downward movement into the last reported quarters, reflecting debt restructuring or repayment trends.
- Unearned Revenue (Noncurrent)
- Noncurrent unearned revenue steadily declined from near 1.64% early on to around 0.36%-0.45% in later periods, indicating a notable reduction of long-term deferred revenue.
- Operating Lease Liabilities (Noncurrent)
- Noncurrent lease liabilities decreased from above 4% in 2019 to low values near 1.35% to 1.8% through most periods, with a noticeable increase to 3.79% in July 2025, suggesting some recent lease obligations were added or reclassified.
- Other Liabilities
- Other liabilities remained minor, generally between 0.17% and 0.65%, with some quarterly fluctuations but no clear long-term trend.
- Total Liabilities
- Total liabilities gradually decreased from a high of around 65% in early 2019 toward the high 40-50% range in later years, indicating a relative reduction of total liabilities compared to overall funding.
- Stockholders’ Equity
- Stockholders’ equity showed a complementary rising trend relative to total liabilities, increasing from about 35% in early 2019 to over 51% by mid-2025. This suggests strengthening equity position alongside the reduction in total liabilities.
- Additional Paid-in Capital
- Additional paid-in capital formed the largest component of stockholders’ equity and exhibited fluctuations between approximately 59% and 79%. It showed a general downward trend from earlier periods into 2024, followed by modest stabilization near the mid-60% range.
- Treasury Stock
- Treasury stock displayed a consistent negative balance gradually deepening over time, from approximately -0.1% to around -10.58%, indicating ongoing share repurchase activity or other equity adjustments reducing outstanding equity.
- Accumulated Other Comprehensive Income (Loss)
- This item showed variability with minor positive and negative values oscillating typically between -0.7% and 0.84%, displaying no sustained trend but some financial impacts on equity from comprehensive income components.
- Accumulated Deficit
- The accumulated deficit consistently remained negative but showed improvement over time, moving from roughly -39% in early periods to around -5% by mid-2025. This trend indicates a reduction in cumulative losses against total liabilities and equity, reflecting an improving retained earnings or operational profitability position.