Workday, Inc.
WDAYQ4 2023(WDAY Q3 FY2024)Estimated3% AI
AI Revenue %
3%
AI Fair Value
$317.0M
AI Revenue (Q)
$64.8M
Total Revenue (Q)
$2.2B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Total revenue $1,866M (subscription $1,691M + professional $175M). Single segment. The FY2024 10-K (covering this period) describes 'Workday AI Marketplace' and 'several new generative AI capabilities.' Management rebranded AI efforts as 'Workday AI' and announced the AI Marketplace. These represent meaningful product evolution but AI features remain bundled into subscriptions. No AI-specific revenue disclosed. Uptick to 3.0% reflects AI Marketplace launch and generative AI announcements driving incremental subscription value.
Analyzed by claude-opus-4-6
Quoted Figures
Subscription services $1,691,116 thousand; Professional services $174,559 thousand; Total revenues $1,865,675 thousand (Three Months Ended October 31, 2023)
10-Q for Q3 FY2024, Condensed Consolidated Statements of Operations
In fiscal 2024, we announced the new Workday AI Marketplace to help our customers easily find and deploy certified artificial intelligence (AI) and machine learning (ML) partner solutions
10-K for FY2024, Item 1 Business
AI Products Identified (Ring 1)
Workday AI (rebranded platform AI)Workday AI MarketplaceML-powered skills intelligenceGenerative AI capabilities (announced)Anomaly detection in financial transactions
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