What is Workday, Inc.'s capitalized contract costs, net?

Workday, Inc. (WDAY) reported capitalized contract costs, net of $859.00M in Q3 2025.

How has Workday, Inc.'s capitalized contract costs, net changed year-over-year?

Workday, Inc.'s capitalized contract costs, net increased by 17.0% year-over-year, from $734.00M to $859.00M.

What is the long-term trend for Workday, Inc.'s capitalized contract costs, net?

Over 4 years (2020 to 2024), Workday, Inc.'s capitalized contract costs, net has grown at a 20.3% compound annual growth rate (CAGR), from $395.00M to $828.00M.

What does capitalized contract costs, net mean?

Costs spent to win or fulfill customer contracts that are recorded as assets to be expensed over time.

Discontinued — last reported Q3 '18

Non-Current Assets

Capitalized Contract Costs, Net

Workday, Inc. Capitalized Contract Costs, Net increased by 2.3% to $859.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 17.0%, from $734.00M to $859.00M. Over 4 years (FY 2020 to FY 2024), Capitalized Contract Costs, Net shows an upward trend with a 20.3% CAGR.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Assets

CategoryGrowth

SignalContext dependent

VolatilityStable

First reportedQ1 2018

Last reportedQ3 2018

How to read this metric

An increase suggests high investment in future revenue growth; a decrease may indicate lower acquisition costs or the amortization of existing contract assets.

Detailed definition

These are incremental costs incurred to obtain or fulfill a contract that are recognized as an asset and amortized over...

Peer comparison

Common in software and services firms; peers report this as 'Deferred Contract Costs' or 'Capitalized Commissions'.

Metric ID: capitalized_contract_costs_net

Historical Data

19 periods

	Q1 '21	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25
Value	$389.00M	$408.00M	$423.00M	$494.00M	$497.00M	$519.00M	$531.00M	$612.00M	$598.00M	$614.00M	$640.00M	$741.00M	$721.00M	$724.00M	$734.00M	$828.00M	$812.00M	$840.00M	$859.00M
QoQ Change	—	+4.9%	+3.7%	+16.8%	+0.6%	+4.4%	+2.3%	+15.3%	-2.3%	+2.7%	+4.2%	+15.8%	-2.7%	+0.4%	+1.4%	+12.8%	-1.9%	+3.4%	+2.3%
YoY Change	—	—	—	—	+27.8%	+27.2%	+25.5%	+23.9%	+20.3%	+18.3%	+20.5%	+21.1%	+20.6%	+17.9%	+14.7%	+11.7%	+12.6%	+16.0%	+17.0%

Range$389.00M – $859.00M

CAGR+19.2%

Avg YoY Growth+19.7%

Median YoY Growth+20.3%

Current Streak2 quarters growth

Frequently Asked Questions

What is Workday, Inc.'s capitalized contract costs, net?: Workday, Inc. (WDAY) reported capitalized contract costs, net of $859.00M in Q3 2025.
How has Workday, Inc.'s capitalized contract costs, net changed year-over-year?: Workday, Inc.'s capitalized contract costs, net increased by 17.0% year-over-year, from $734.00M to $859.00M.
What is the long-term trend for Workday, Inc.'s capitalized contract costs, net?: Over 4 years (2020 to 2024), Workday, Inc.'s capitalized contract costs, net has grown at a 20.3% compound annual growth rate (CAGR), from $395.00M to $828.00M.
What does capitalized contract costs, net mean?: Costs spent to win or fulfill customer contracts that are recorded as assets to be expensed over time.