Operating

Non-cash lease expense

Workday, Inc. Non-cash lease expense remained flat by 0.0% to $32.00M in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 28.0%, from $25.00M to $32.00M. Over 4 years (FY 2021 to FY 2025), Non-cash lease expense shows an upward trend with a 7.7% CAGR.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2017
Last reportedQ1 2026May 21, 2026

How to read this metric

Changes reflect shifts in the company's real estate footprint or lease accounting adjustments.

Detailed definition

This metric captures the non-cash portion of lease expenses recognized under current accounting standards for operating...

Peer comparison

Standard for all companies with significant office or data center lease obligations.

Metric ID: operating_noncash_lease_expense_9aa70f

Historical Data

21 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$22.23M$21.07M$21.41M$21.53M$22.05M$22.91M$23.36M$23.43M$23.87M$24.28M$24.45M$23.39M$25.00M$25.00M$26.00M$27.00M$27.00M$27.00M$30.00M$32.00M$32.00M
QoQ Change-5.2%+1.6%+0.6%+2.4%+3.9%+2.0%+0.3%+1.9%+1.7%+0.7%-4.4%+6.9%+0.0%+4.0%+3.8%+0.0%+0.0%+11.1%+6.7%+0.0%
YoY Change-0.8%+8.7%+9.1%+8.8%+8.3%+6.0%+4.7%-0.2%+4.7%+3.0%+6.3%+15.4%+8.0%+8.0%+15.4%+18.5%+28.0%
Range$21.07M$32.00M
CAGR+7.6%
Avg YoY Growth+8.9%
Median YoY Growth+8.0%
Current Streak9 quarters growth

Frequently Asked Questions

What is Workday, Inc.'s non-cash lease expense?
Workday, Inc. (WDAY) reported non-cash lease expense of $32.00M in Q1 2025.
How has Workday, Inc.'s non-cash lease expense changed year-over-year?
Workday, Inc.'s non-cash lease expense increased by 28.0% year-over-year, from $25.00M to $32.00M.
What is the long-term trend for Workday, Inc.'s non-cash lease expense?
Over 4 years (2021 to 2025), Workday, Inc.'s non-cash lease expense has grown at a 7.7% compound annual growth rate (CAGR), from $86.24M to $116.00M.
What does non-cash lease expense mean?
The non-cash accounting expense associated with the company's leased office space or equipment.