Workday, Inc.
WDAYQ1 2025(WDAY Q4 FY2025)Estimated4.5% AI
AI Revenue %
4.5%
AI Fair Value
$729.5M
AI Revenue (Q)
$109.4M
Total Revenue (Q)
$2.4B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Full fiscal year 2025 revenue: subscription services $7,722M + professional services $725M = $8,447M (from 10-K). The 10-K repositions Workday as 'the AI platform that helps organizations manage their most important assets.' Announced Workday Illuminate, AI agents for recruiting, talent mobility, succession, optimization, contracts, payroll, financial auditing, and policy. Also announced Workday Agent System of Record. The 10-K states new AI agent capabilities 'are currently in development and are expected to become available later in fiscal 2026.' AI is now central to Workday's identity and marketing, but revenue remains reported as undifferentiated subscription + professional services. Workday Illuminate powers are beginning to be deployed to customers. Uptick to 4.5% reflects AI becoming a more significant value driver for subscriptions, even though still bundled.
Analyzed by claude-opus-4-6
Quoted Figures
Workday is the AI platform that helps organizations manage their most important assets their people and money.
10-K for FY2025, Item 1 Business
In fiscal 2025, we announced Workday Illuminate, the next generation of Workday AI, designed to help our customers accelerate manual tasks, assist their employees, and transform their business processes.
10-K for FY2025, Item 1 Business
We also announced the Workday Agent System of Record, which is designed to help our customers embrace agentic AI... The Workday Agent System of Record and new role-based AI agents are currently in development and are expected to become available later in fiscal 2026.
10-K for FY2025, Item 1 Business
AI Products Identified (Ring 1)
Workday IlluminateWorkday AI MarketplaceWorkday Assistant (in rollout)ML-powered skills intelligenceGenerative AI capabilitiesAnomaly detection in financial transactionsAI agents for recruiting, talent mobility, succession (in rollout)Workday Agent System of Record (in development)
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