Reconciliation of GAAP to Non-GAAP Data
Use of Non-GAAP Measures
In addition to financial results presented in accordance with US generally accepted accounting principles (GAAP), this presentation includes
certain non-GAAP financial measures of 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 financial measures have limitations in that they do not reflect all of the amounts associated with
Workday's results of operations or cash flows as determined in accordance with GAAP. Reconciliations of these non-GAAP financial measures to
the most directly comparable GAAP financial measures are contained in the Appendix to this presentation. The Company has not provided a
reconciliation of its forward outlook for non-GAAP operating margin with its forward-looking GAAP operating margin in reliance on the
unreasonable efforts exception provided under Item 10(e)(1)(i)(B) of Regulation S-K. The Company is unable, without unreasonable efforts, to
quantify share-based compensation expense, which is excluded from our non-GAAP operating margin, as it requires additional inputs such as the
number of shares granted and market prices that are not ascertainable.View entire presentation