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Workday, Inc. WDAY Contract Assets

Contract Assets at other companies

ServiceNow logo
ServiceNowNOW
$594M+7.8%
Unisys logo
UnisysUIS
$14.5M-29.6%

Other financials

Income statement

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Revenue$2.5B+13.5%
Operating income$338.0M+767%
Net income$222.0M+226%
EPS (diluted)$0.87+248%

Balance sheet

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Cash & equivalents$568.0M-42.5%
Total debt$3.8B+12.1%
Total equity$6.7B-25.1%
Total assets$16.1B-6.5%

Cash flow

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Operating cash flow$696.0M+52.3%
CapEx$80.0M+122%
Free cash flow$616.0M+46.3%

Valuation

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Market cap$33.43B-47.3%
Enterprise value$36.66B-44.3%
P/E39.5×-90.8×
P/S3.4×-3.9×

Profitability

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Operating margin10.3%+5.9pp
Net margin8.6%+3.0pp
FCF margin30.2%+3.5pp

Returns & leverage

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Return on equity10.9%+5.2pp
Debt / equity0.6×+0.2×
Current ratio-1.1×

Where this comes from

Reported directly by Workday, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.

The official record: Workday, Inc.’s 10-Q, filed May 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Workday, Inc.'s contract assets?
Workday, Inc. (WDAY) reported contract assets of $540M in Q1 2026.
How has Workday, Inc.'s contract assets changed year-over-year?
Workday, Inc.'s contract assets increased by 26.5% year-over-year, from $427M to $540M.
What is the long-term trend for Workday, Inc.'s contract assets?
Over 2 years (2023 to 2025), Workday, Inc.'s contract assets has grown at a 35.9% compound annual growth rate (CAGR), from $240M to $443M.
What does contract assets mean?
Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.