canar.ai
Rankings/WDAY/Q2 2023 Analysis

Workday, Inc.

WDAY
Q2 2023(WDAY Q1 FY2024)Estimated2.5% AI
AI Revenue %
2.5%
AI Fair Value
$252.7M
AI Revenue (Q)
$38.9M
Total Revenue (Q)
$1.6B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Total revenue $1,684M (subscription $1,528M + professional $156M). Workday began emphasizing AI more prominently in this period. The co-CEOs still serve as CODM; single operating segment. No AI revenue breakout. AI features remain bundled into subscriptions. Slight uptick to 2.5% reflects increasing AI emphasis in product roadmap but no new separately monetized AI capabilities yet.
Analyzed by claude-opus-4-6

Quoted Figures

Subscription services $1,527,909 thousand; Professional services $156,403 thousand; Total revenues $1,684,312 thousand (Three Months Ended April 30, 2023)
10-Q for Q1 FY2024, Condensed Consolidated Statements of Operations

AI Products Identified (Ring 1)

ML-powered skills intelligenceAnomaly detection in financial transactionsRecommendation engines for talent and spend

AI-Enabled Items (Ring 2 — Not Counted)

These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.

Subscription services (HCM, financial management, planning, analytics)Professional services

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix