Non-Current Assets

Contract Assets, Non-Current

Workday, Inc. Contract Assets, Non-Current increased by 20.0% to $54.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 45.9%, from $37.00M to $54.00M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2024
Last reportedQ1 2026

How to read this metric

An increase suggests strong long-term project pipelines, while a decrease may indicate project completion or billing milestones being met.

Detailed definition

Contract assets represent the company's right to consideration for services already performed that are not yet billed be...

Peer comparison

Typical for firms with long-term service contracts; peers in project management will show higher levels.

Metric ID: contract_assets_noncurrent

Historical Data

8 periods
 Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$21.00M$31.00M$24.00M$37.00M$44.00M$57.00M$45.00M$54.00M
QoQ Change+47.6%-22.6%+54.2%+18.9%+29.5%-21.1%+20.0%
YoY Change+109.5%+83.9%+87.5%+45.9%
Range$21.00M$57.00M
CAGR+71.5%
Avg YoY Growth+81.7%
Median YoY Growth+85.7%

Contract Assets, Non-Current at Other Companies

Frequently Asked Questions

What is Workday, Inc.'s contract assets, non-current?
Workday, Inc. (WDAY) reported contract assets, non-current of $54.00M in Q3 2025.
How has Workday, Inc.'s contract assets, non-current changed year-over-year?
Workday, Inc.'s contract assets, non-current increased by 45.9% year-over-year, from $37.00M to $54.00M.
What does contract assets, non-current mean?
Unbilled revenue for services performed where payment is expected beyond one year.