Q2 FY23 Highlights and Guidance
Use of Non-GAAP Measures
In addition to financial results presented in accordance with generally accepted accounting principles (GAAP), this presentation includes certain
non-GAAP financial measures of financial performance. These non-GAAP financial measures are in addition to, and not a substitute for or
superior to, measures of financial performance prepared in accordance with GAAP, and may be different from non-GAAP financial measures
used by other companies. In addition, these non-GAAP measures have limitations in that they do not reflect all of the amounts associated with
Workday's results of operations as determined in accordance with GAAP. Reconciliations of these non-GAAP financial measures to the most
directly comparable financial measures are contained in the Appendix to this presentation. A reconciliation of our forward outlook for non-GAAP
operating margin with our forward-looking GAAP operating margin is not available without unreasonable efforts as the quantification of share-
based compensation expense, which is excluded from our non-GAAP operating margin, requires additional inputs such as the number of shares
granted and market prices that are not ascertainable.View entire presentation