Workday, Inc. Contract with Customer, 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 2022 to FY 2024), Contract with Customer, Liability shows an upward trend with a 12.4% CAGR.
An increase indicates higher deferred revenue and future service obligations, while a decrease suggests revenue is being recognized faster than new prepayments are received.
This represents the obligation to transfer services to a customer for which the entity has received consideration or for...
Similar to deferred revenue or contract liabilities reported by other asset management and financial services companies.
other_contract_with_customer_liability| Q4 '22 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '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% |