Workday Inc. (NASDAQ:WDAY)

The financial data reveals significant fluctuations in profitability and asset growth over the examined periods. Net income (loss) exhibits a predominantly negative trend from 2013 to 2021, with losses deepening particularly around 2016 and 2020. An anomalous positive net income is observed in 2022, followed by another decline in 2023, and a substantial positive net income spike in 2024, then a slight reduction in 2025, indicating considerable volatility in earnings results.

Total assets display a consistent upward trajectory throughout the period, growing from 959 million US dollars in 2013 to nearly 18 billion US dollars by 2025. This suggests significant expansion in asset base, driven by investment, acquisition, or other growth-related activities.

The Return on Assets (ROA) percentage conveys the efficiency of asset utilization in generating profit. ROA is negative for most years, reflecting losses relative to the asset base, but the margin of negativity varies. The worst ROA occurs in 2013 and 2017, with gradual improvement thereafter. Notably, ROA turns positive in 2022, peaks in 2024, and then decreases slightly in 2025 but remains positive. This pattern aligns with the net income improvement and signifies enhanced asset profitability after prolonged losses.

Profitability Trends

Initial years exhibit increasing net losses, implying operational challenges or high expenditures. The positive net income in 2022 and 2024 suggests intermittent periods of compensation for earlier losses or successful business maneuvers.

Asset Growth

There is robust and steady growth in total assets, indicating sustained investment and expansion efforts over the entire timeline.

Return on Assets (ROA)

ROA values corroborate the net income trends, showing poor asset profitability associated with losses early on, with recovery beginning in the latter years. Positive ROA figures in recent years indicate a shift toward better asset utilization and profitability.