Workday Inc (WDAY)

Gross profit margin

		Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Gross profit	US$ in thousands	4,778,000	4,028,000	3,296,190	2,852,810	2,309,960
Revenue	US$ in thousands	8,440,000	7,151,000	6,112,720	5,144,470	4,250,860
Gross profit margin		56.61%	56.33%	53.92%	55.45%	54.34%

January 31, 2025 calculation

Gross profit margin = Gross profit ÷ Revenue
= $4,778,000K ÷ $8,440,000K
= 56.61%

Workday Inc's gross profit margin has shown a fluctuating trend over the past five years. Starting at 54.34% on January 31, 2021, the margin increased to 55.45% on January 31, 2022. However, there was a slight decrease to 53.92% on January 31, 2023, before rebounding to 56.33% on January 31, 2024, and further improving to 56.61% on January 31, 2025. This indicates that Workday Inc has been able to effectively manage its cost of goods sold while increasing revenues, resulting in higher gross profit margins in recent years.