Stock Analysis on Net

Workday Inc. (NASDAQ:WDAY)

$24.99

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Workday Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

Microsoft Excel
Oct 31, 2025 Jul 31, 2025 Apr 30, 2025 Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019
Accounts payable
Accrued expenses and other current liabilities
Accrued compensation
Unearned revenue, current
Operating lease liabilities, current
Debt, current
Current liabilities
Debt, noncurrent
Unearned revenue, noncurrent
Operating lease liabilities, noncurrent
Other liabilities
Noncurrent liabilities
Total liabilities
Common stock
Additional paid-in capital
Treasury stock
Accumulated other comprehensive income (loss)
Accumulated deficit
Stockholders’ equity
Total liabilities and stockholders’ equity

Based on: 10-Q (reporting date: 2025-10-31), 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).


The analysis of the quarterly financial data reveals several notable trends and patterns in the company's liabilities and equity over the observed periods.

Accounts Payable
Accounts payable values fluctuate over the periods, showing variability without a clear consistent upward or downward trend. The values peak notably in some quarters such as April 2023 at $154 million and April 2022 at $123 million, indicating occasional spikes in short-term obligations.
Accrued Expenses and Other Current Liabilities
This category demonstrates a general increasing trend with some fluctuations. Starting from $129 million in April 2019, the amount climbs to levels exceeding $300 million in the more recent quarters, with peaks around October 2022 ($335 million) and October 2025 ($352 million), suggesting growing short-term liabilities likely related to operational activities.
Accrued Compensation
There is an overall upward trend in accrued compensation, rising from $245 million in April 2019 to consistently higher figures above $500 million in recent quarters like January 2025 and beyond. Some volatility is observed, but the general increase reflects rising employee-related accrued expenses.
Unearned Revenue, Current
The current portion of unearned revenue steadily increases from approximately $1.7 billion in April 2019 to peaks exceeding $4 billion by January 2025. This growth underscores increasing deferred revenue commitments, indicating robust sales or service contracts billed in advance.
Operating Lease Liabilities, Current
Current operating lease liabilities remain relatively stable, fluctuating around the $80 million to $110 million range. Some gradual increase is observed through the timeline but without significant volatility, indicating steady lease obligations.
Debt, Current
Current debt shows significant volatility. Early periods show some high values such as $1.2 billion around mid-2019, followed by periods with no data or negligible amounts in later years. This pattern could suggest refinancing activities or repayment of short-term debt instruments across the periods.
Current Liabilities
Current liabilities aggregate data reflects a general upward movement with periodic fluctuations, reaching its highest in April 2025 at about $5.5 billion. This indicates growing short-term financial obligations, largely driven by increases in accrued expenses, unearned revenue, and payable amounts.
Debt, Noncurrent
Noncurrent debt shows a general increase from under $1 billion in early periods to around $3 billion from April 2022 onward, where it stabilizes. This persistent high level suggests long-term financing arrangements are maintained consistently in recent years.
Unearned Revenue, Noncurrent
This liability remains relatively stable with minor fluctuations, generally maintaining low values between $50 million and $100 million, which is significantly lower than the current portion.
Operating Lease Liabilities, Noncurrent
Noncurrent operating lease liabilities exhibit some variability, initially around $240 million, dipping to near $180 million in mid-periods, before rising again to approximately $690 million in the latest quarter. The increase in recent years may reflect new or renegotiated lease commitments extending over longer periods.
Other Liabilities
Other liabilities remain small in magnitude but show an increasing trend towards the latest quarters, growing from $11 million to over $100 million as of October 2025, indicating rising miscellaneous obligations.
Noncurrent Liabilities
Overall noncurrent liabilities have grown from $1.3 billion in early periods to over $3.8 billion in later quarters, reflecting increased long-term liabilities associated with debt, lease obligations, and other items.
Total Liabilities
The total liabilities demonstrate a consistent increasing trend from approximately $3.8 billion in early 2019 to nearly $8.9 billion by October 2025, showing substantial growth in total obligations over time.
Stockholders’ Equity
Stockholders’ equity steadily rises from $2 billion in April 2019 to a peak of around $9 billion in April 2024, indicating growth in net assets. However, slight declines appear towards the last quarters observed, suggesting possible impacts from net losses, treasury stock repurchases, or other equity adjustments.
Treasury Stock
There is a significant increase in treasury stock from zero in early periods to over $2.7 billion by October 2025, indicating aggressive share repurchase activity during the timeline, which likely affects equity balances.
Accumulated Deficit
The accumulated deficit shows a decreasing negative balance from approximately -$2.3 billion in early 2019 to less negative levels around -$657 million by October 2025, indicating improved retained earnings or net income performance reducing past losses.
Total Liabilities and Stockholders’ Equity
The aggregate of liabilities and equity increases steadily from about $5.8 billion to approximately $17.7 billion over the observed period, reflecting growth in company size, funding, and balance sheet expansion.

In summary, the data shows expansion in both liabilities and equity, driven by increases in deferred revenue, accrued compensation, long-term debt, and treasury stock repurchases. The rising unearned revenue suggests strong business operations with increasing advance payments. While long-term financial obligations have grown considerably, shareholder equity has also increased, albeit with recent signs of fluctuation possibly associated with repurchase activities and other equity adjustments.