Workday Files 8-K on Financial Condition and Operations

TL;DR

**Workday just dropped an 8-K on its financials and operations, so keep an eye out for details.**

AI Summary

Workday, Inc. filed an 8-K on February 26, 2024, reporting on its results of operations and financial condition, as well as other events and financial statements. The filing indicates that the company, based in Pleasanton, California, with an IRS Employer Identification No. 20-2480422, is fulfilling its obligations under the Securities Exchange Act of 1934. This 8-K provides an update on the company's financial status and other material events.

Why It Matters

This filing provides an update on Workday's financial health and any significant events, which can influence investor decisions and market perception of the company.

Risk Assessment

Risk Level: low — This 8-K is a standard disclosure of financial condition and operations, not indicating any immediate adverse events.

Key Players & Entities

• Workday, Inc. (company) — Registrant
• February 26, 2024 (date) — Date of earliest event reported
• Delaware (location) — State of incorporation
• 001-35680 (other) — Commission File Number
• 20-2480422 (other) — I.R.S. Employer Identification No.
• 6110 Stoneridge Mall Road, Pleasanton, California 94588 (location) — Address of principal executive offices
• 925-951-9000 (other) — Registrant’s telephone number

FAQ

Key Financial Figures

• $0.001 — stered Class A Common Stock, par value $0.001 WDAY The Nasdaq Stock Market LLC (Nasd
• $500 million — tors authorized the repurchase of up to $500 million of Workday's outstanding shares of Clas

Filing Documents

• wday-20240226.htm (8-K) — 30KB
• wday-1312024x991.htm (EX-99.1) — 332KB
• 0001327811-24-000031.txt ( ) — 511KB
• wday-20240226.xsd (EX-101.SCH) — 2KB
• wday-20240226_lab.xml (EX-101.LAB) — 23KB
• wday-20240226_pre.xml (EX-101.PRE) — 12KB
• wday-20240226_htm.xml (XML) — 3KB

02 – Results of Operations and Financial Condition

Item 2.02 – Results of Operations and Financial Condition On February 26, 2024, Workday, Inc. ("Workday") issued a press release announcing its results for its fiscal fourth quarter and full year ended January 31, 2024. A copy of the press release is attached as Exhibit 99.1 to this current report on Form 8-K and is incorporated by reference herein. Workday uses its blogs.workday.com website as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. Section 8 – Other Events

01 – Other Events

Item 8.01 – Other Events On February 26, 2024, Workday announced that its Board of Directors authorized the repurchase of up to $500 million of Workday's outstanding shares of Class A common stock (the "2024 Share Repurchase Program"). Workday may repurchase shares of Class A common stock from time to time through open market purchases, in privately negotiated transactions, or by other means, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), in accordance with applicable securities laws and other restrictions. The timing and total amount of stock repurchases will depend upon business, economic and market conditions, corporate and regulatory requirements, prevailing stock prices, and other considerations. The 2024 Share Repurchase Program has a term of 18 months, may be suspended or discontinued at any time, and does not obligate Workday to acquire any amount of Class A common stock. The information in each item of this current report on Form 8-K and the exhibit attached hereto shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing. Section 9 – Financial Statements and Exhibits

01 – Financial Statements and Exhibits

Item 9.01 – Financial Statements and Exhibits (d) Exhibits Exhibit Number Description 99.1 Press release entitled "Workday Announces Fiscal 2024 Fourth Quarter and Full Year Financial Results" dated February 26, 2024 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document) Signature Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: February 26, 2024 Workday, Inc. /s/ Zane Rowe Zane Rowe Chief Financial Officer