Current Assets
Contract Assets
Workday, Inc. Contract Assets increased by 11.3% to $512.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 23.7%, from $414.00M to $512.00M.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2017
Last reportedQ1 2026
How to read this metric
A growing balance may indicate strong project progress, but excessive growth relative to revenue could signal potential billing or collection bottlenecks.
Detailed definition
Contract assets represent the company's right to consideration for work completed under a contract that has not yet been...
Peer comparison
Standard for firms using percentage-of-completion accounting; peers in construction often carry significant contract asset balances.
Metric ID:
contract_assetsHistorical Data
8 periods
| Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|
| Value | $240.00M | $298.00M | $316.00M | $414.00M | $373.00M | $427.00M | $460.00M | $512.00M |
| QoQ Change | — | +24.2% | +6.0% | +31.0% | -9.9% | +14.5% | +7.7% | +11.3% |
| YoY Change | — | — | — | — | +55.4% | +43.3% | +45.6% | +23.7% |
Range$240.00M – $512.00M
CAGR+54.2%
Avg YoY Growth+42.0%
Median YoY Growth+44.4%
Current Streak3 quarters growth
Contract Assets at Other Companies
Frequently Asked Questions
- What is Workday, Inc.'s contract assets?
- Workday, Inc. (WDAY) reported contract assets of $512.00M in Q3 2025.
- How has Workday, Inc.'s contract assets changed year-over-year?
- Workday, Inc.'s contract assets increased by 23.7% year-over-year, from $414.00M to $512.00M.
- What does contract assets mean?
- Revenue earned from projects that has not yet been invoiced to the customer.