{
  "url": "https://struct.news/briefs/workdays-accounting-tax-benefit-boosts-profit-as-cash-gets-tighter",
  "title": "Workday’s accounting tax benefit boosts profit as cash gets tighter",
  "summary": "A $283 million year-over-year tax swing helped lift six-month net income 177%, while cash fell to $661 million.",
  "published_at": "2026-08-27T20:18:54.171485+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Workday, Inc.",
    "ticker": "WDAY",
    "cik": "1327811",
    "sector": "Technology",
    "industry": "Software - Application"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-27",
    "accession": "0001327811-26-000044",
    "url": "https://www.sec.gov/Archives/edgar/data/1327811/000132781126000044/wday-20260731.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-22",
    "url": "https://www.sec.gov/Archives/edgar/data/1327811/000132781125000184/wday-20250731.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 9552000000,
      "display": "$9.6B",
      "unit": "usd",
      "period": "2026-01-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0001327811-26-000044",
        "filing_date": "2026-08-27"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": 13.09495619228036,
      "display": "+13.1%",
      "unit": "percent",
      "period": "2026-01-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001327811-26-000044",
        "filing_date": "2026-08-27"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Operating margin",
      "value": 7.548157453936348,
      "display": "+7.5%",
      "unit": "percent",
      "period": "2026-01-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001327811-26-000044",
        "filing_date": "2026-08-27"
      }
    }
  ],
  "watch_next": [
    {
      "type": "capital_investment",
      "statement": "Capital spending more than doubled year over year and reduced free-cash-flow margin as Workday supported continued growth.",
      "importance": "medium",
      "evidence": "increased capital expenditures of $75 million",
      "source_date": "2026-08-27"
    },
    {
      "type": "backlog",
      "statement": "Subscription revenue backlog increased through existing-customer expansion, new-customer sales, and renewal timing.",
      "importance": "medium",
      "evidence": "The increase in subscription revenue backlog was primarily driven by expansion within our existing customer base, sales to new customers, and timing of renewals for existing customers.",
      "source_date": "2026-08-27"
    }
  ],
  "related_tickers": [
    "WDAY"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}