Discontinued — last reported Q3 '18

Current Liabilities

Device Payment Plan Trade-in Liability

Workday, Inc. Device Payment Plan Trade-in Liability increased by 0.6% to $3.94B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 12.2%, from $3.51B to $3.94B. Over 2 years (FY 2023 to FY 2025), Device Payment Plan Trade-in Liability shows an upward trend with a 12.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2017
Last reportedQ3 2018

How to read this metric

An increase suggests higher participation in trade-in programs, potentially indicating aggressive customer acquisition or upgrade cycles.

Detailed definition

This represents the estimated financial obligation to customers who have traded in devices as part of a promotional fina...

Peer comparison

Common in telecommunications and hardware-reliant consumer platforms; peers typically report this as a component of accrued liabilities.

Metric ID: device_payment_plan_trade_in_liability

Historical Data

10 periods
 Q4 '22Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$3.60B$3.30B$4.13B$3.61B$3.61B$3.51B$4.55B$3.88B$3.92B$3.94B
QoQ Change—-8.3%+25.1%-12.5%-0.1%-2.8%+29.5%-14.7%+1.0%+0.6%
YoY Change——+14.6%——+6.4%+10.2%+7.3%+8.5%+12.2%
Range$3.30B – $4.55B
CAGR+4.1%
Avg YoY Growth+9.9%
Median YoY Growth+9.3%
Current Streak2 quarters growth

Frequently Asked Questions

What is Workday, Inc.'s device payment plan trade-in liability?
Workday, Inc. (WDAY) reported device payment plan trade-in liability of $3.94B in Q3 2025.
How has Workday, Inc.'s device payment plan trade-in liability changed year-over-year?
Workday, Inc.'s device payment plan trade-in liability increased by 12.2% year-over-year, from $3.51B to $3.94B.
What is the long-term trend for Workday, Inc.'s device payment plan trade-in liability?
Over 2 years (2023 to 2025), Workday, Inc.'s device payment plan trade-in liability has grown at a 12.4% compound annual growth rate (CAGR), from $3.60B to $4.55B.
What does device payment plan trade-in liability mean?
The estimated value owed to customers for devices traded in under promotional programs.