Workday (WDAY) 10-Q 28 Aug 24 2025 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares shares in Millions	6 Months Ended
	Jul. 31, 2024	Aug. 26, 2024
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jul. 31, 2024
Document Transition Report	false
Entity File Number	001-35680
Entity Registrant Name	WORKDAY, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	20-2480422
Entity Address, Address Line One	6110 Stoneridge Mall Road
Entity Address, City or Town	Pleasanton
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94588
City Area Code	925
Local Phone Number	951-9000
Title of 12(b) Security	Class A Common Stock, par value $0.001
Trading Symbol	WDAY
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001327811
Current Fiscal Year End Date	--01-31
Document Fiscal Year Focus	2025
Document Fiscal Period Focus	Q2
Amendment Flag	false
Class A
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		213
Class B
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		52

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jul. 31, 2024	Jan. 31, 2024
Current assets:
Cash and cash equivalents	$ 1,635	$ 2,012
Marketable securities	5,738	5,801
Trade and other receivables, net	1,292	1,639
Deferred costs	237	232
Prepaid expenses and other current assets	298	255
Total current assets	9,200	9,939
Property and equipment, net	1,259	1,234
Operating lease right-of-use assets	339	289
Deferred costs, noncurrent	487	509
Acquisition-related intangible assets, net	331	233
Deferred tax assets	1,022	1,065
Goodwill	3,257	2,846
Other assets	339	337
Total assets	16,234	16,452
Current liabilities:
Accounts payable	87	78
Accrued expenses and other current liabilities	292	287
Accrued compensation	487	544
Unearned revenue	3,549	4,057
Operating lease liabilities	98	89
Total current liabilities	4,513	5,055
Debt, noncurrent	2,982	2,980
Unearned revenue, noncurrent	62	70
Operating lease liabilities, noncurrent	284	227
Other liabilities	48	38
Total liabilities	7,889	8,370
Stockholders’ equity:
Common stock	0	0
Additional paid-in capital	10,869	10,400
Treasury stock	(1,051)	(608)
Accumulated other comprehensive income (loss)	19	21
Accumulated deficit	(1,492)	(1,731)
Total stockholders’ equity	8,345	8,082
Total liabilities and stockholders’ equity	$ 16,234	$ 16,452

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Millions		3 Months Ended		6 Months Ended
		Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023
Revenues:
Total revenues		$ 2,085	$ 1,787	$ 4,075	$ 3,471
Costs and expenses:
Product development	[1]	649	610	1,305	1,210
Sales and marketing	[1]	611	524	1,184	1,043
General and administrative	[1]	203	169	411	336
Total costs and expenses		1,974	1,751	3,900	3,455
Operating income (loss)		111	36	175	16
Other income (expense), net		57	46	116	73
Income (loss) before provision for (benefit from) income taxes		168	82	291	89
Provision for (benefit from) income taxes		36	3	52	10
Net income (loss)		$ 132	$ 79	$ 239	$ 79
Net income (loss) per share, basic (in dollars per share)		$ 0.50	$ 0.30	$ 0.90	$ 0.30
Net income (loss) per share, diluted (in dollars per share)		$ 0.49	$ 0.30	$ 0.89	$ 0.30
Weighted-average shares used to compute net income (loss) per share, basic (in shares)		265,317	261,191	264,885	260,026
Weighted-average shares used to compute net income (loss) per share, diluted (in shares)		267,949	264,435	269,128	262,923
Subscription services
Revenues:
Total revenues		$ 1,903	$ 1,624	$ 3,719	$ 3,152
Costs and expenses:
Total costs and expenses	[1]	304	256	594	495
Professional services
Revenues:
Total revenues		182	163	356	319
Costs and expenses:
Total costs and expenses	[1]	$ 207	$ 192	$ 406	$ 371
[1] (1) Costs and expenses include share-based compensation expenses as follows: Three Months Ended July 31, Six Months Ended July 31, 2024 2023 2024 2023 Costs of subscription services $ 35 $ 30 $ 73 $ 59 Costs of professional services 28 29 59 59 Product development 163 162 336 332 Sales and marketing 77 67 149 147 General and administrative 67 64 138 125 Total share-based compensation expenses $ 370 $ 352 $ 755 $ 722

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023
Share-based compensation expenses	$ 370	$ 352	$ 755	$ 722
Costs of subscription services
Share-based compensation expenses	35	30	73	59
Costs of professional services
Share-based compensation expenses	28	29	59	59
Product development
Share-based compensation expenses	163	162	336	332
Sales and marketing
Share-based compensation expenses	77	67	149	147
General and administrative
Share-based compensation expenses	$ 67	$ 64	$ 138	$ 125

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 132	$ 79	$ 239	$ 79
Other comprehensive income (loss), net of tax:
Net change in foreign currency translation adjustment	(1)	1	(3)	1
Net change in unrealized gains (losses) on available-for-sale debt securities, net of tax provision (benefit) of $10, $0, $1, and $0, respectively	27	(18)	2	(12)
Net change in unrealized gains (losses) on cash flow hedges, net of tax provision of $(1), $(1), $0, and $2, respectively	(24)	(33)	(1)	(49)
Other comprehensive income (loss), net of tax	2	(50)	(2)	(60)
Comprehensive income (loss)	$ 134	$ 29	$ 237	$ 19

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023
Statement of Comprehensive Income [Abstract]
Unrealized gain (losses) on available-for-sale debt securities, tax provision (benefit)	$ 10	$ 0	$ 1	$ 0
Change in unrealized gain (losses) on cash flow hedges, tax provision	$ (1)	$ (1)	$ 0	$ 2

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Stockholders' Equity - USD ($) shares in Thousands, $ in Millions	Total	Common stock:	Additional paid-in capital:	Treasury stock:	Accumulated other comprehensive income (loss):	Accumulated deficit:
Balance, beginning (in shares) at Jan. 31, 2023		257,991
Balance, beginning at Jan. 31, 2023		$ 0	$ 8,829	$ (185)	$ 53	$ (3,112)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock under employee equity plans (in shares)		4,543
Issuance of common stock under employee equity plans		$ 0	95
Shares withheld related to net share settlement of equity awards (in shares)		(41)
Shares withheld related to net share settlement of equity awards		$ 0	(8)
Share-based compensation			722
Common stock repurchased (in shares)		(635)
Common stock repurchases under share repurchase programs		$ (139)		(139)
Other comprehensive income (loss)	$ (60)				(60)
Net income (loss)	79					79
Balance, ending (in shares) at Jul. 31, 2023		261,858
Balance, ending at Jul. 31, 2023	6,274	$ 0	9,638	(324)	(7)	(3,033)
Balance, beginning (in shares) at Apr. 30, 2023		260,408
Balance, beginning at Apr. 30, 2023		$ 0	9,196	(185)	43	(3,112)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock under employee equity plans (in shares)		2,109
Issuance of common stock under employee equity plans		$ 0	95
Shares withheld related to net share settlement of equity awards (in shares)		(24)
Shares withheld related to net share settlement of equity awards		$ 0	(5)
Share-based compensation			352
Common stock repurchased (in shares)		(635)
Common stock repurchases under share repurchase programs		$ (139)		(139)
Other comprehensive income (loss)	(50)				(50)
Net income (loss)	79					79
Balance, ending (in shares) at Jul. 31, 2023		261,858
Balance, ending at Jul. 31, 2023	6,274	$ 0	9,638	(324)	(7)	(3,033)
Balance, beginning (in shares) at Jan. 31, 2024		263,862
Balance, beginning at Jan. 31, 2024	8,082	$ 0	10,400	(608)	21	(1,731)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock under employee equity plans (in shares)		4,835
Issuance of common stock under employee equity plans		$ 0	106
Shares withheld related to net share settlement of equity awards (in shares)		(1,548)
Shares withheld related to net share settlement of equity awards		$ 0	(395)
Share-based compensation			758
Common stock repurchased (in shares)		(1,889)
Common stock repurchases under share repurchase programs		$ (443)		(443)
Other comprehensive income (loss)	(2)				(2)
Net income (loss)	239					239
Balance, ending (in shares) at Jul. 31, 2024		265,260
Balance, ending at Jul. 31, 2024	8,345	$ 0	10,869	(1,051)	19	(1,492)
Balance, beginning (in shares) at Apr. 30, 2024		265,218
Balance, beginning at Apr. 30, 2024		$ 0	10,512	(742)	17	(1,624)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock under employee equity plans (in shares)		1,959
Issuance of common stock under employee equity plans		$ 0	106
Shares withheld related to net share settlement of equity awards (in shares)		(530)
Shares withheld related to net share settlement of equity awards		$ 0	(121)
Share-based compensation			372
Common stock repurchased (in shares)		(1,387)
Common stock repurchases under share repurchase programs		$ (309)		(309)
Other comprehensive income (loss)	2				2
Net income (loss)	132					132
Balance, ending (in shares) at Jul. 31, 2024		265,260
Balance, ending at Jul. 31, 2024	$ 8,345	$ 0	$ 10,869	$ (1,051)	$ 19	$ (1,492)

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023
Cash flows from operating activities:
Net income (loss)	$ 132	$ 79	$ 239	$ 79
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	79	71	154	142
Share-based compensation expenses	370	352	755	722
Amortization of deferred costs	62	52	121	101
Non-cash lease expense	25	24	51	48
(Gains) losses on investments	3	(1)	10	7
Accretion of discounts on marketable debt securities, net	(29)	(38)	(62)	(72)
Deferred income taxes	27	0	33	2
Other	9	(6)	11	(12)
Changes in operating assets and liabilities, net of business combinations:
Trade and other receivables, net	(157)	(183)	351	290
Deferred costs	(64)	(68)	(104)	(103)
Prepaid expenses and other assets	46	25	24	7
Accounts payable	2	2	12	(56)
Accrued expenses and other liabilities	69	36	(124)	(187)
Unearned revenue	(3)	80	(528)	(265)
Net cash provided by (used in) operating activities	571	425	943	703
Cash flows from investing activities:
Purchases of marketable securities	(1,365)	(1,585)	(2,143)	(3,473)
Maturities of marketable securities	1,035	1,240	2,132	2,471
Sales of marketable securities	51	25	68	48
Capital expenditures	(55)	(65)	(136)	(124)
Business combinations, net of cash acquired	(10)	0	(522)	0
Purchase of other intangible assets	0	0	0	(9)
Purchases of non-marketable equity and other investments	(7)	0	(7)	(11)
Sales and maturities of non-marketable equity and other investments	5	0	5	0
Net cash provided by (used in) investing activities	(346)	(385)	(603)	(1,098)
Cash flows from financing activities:
Repurchases of common stock	(312)	(139)	(440)	(139)
Proceeds from issuance of common stock from employee equity plans	106	95	106	95
Taxes paid related to net share settlement of equity awards	(141)	(5)	(381)	(8)
Net cash provided by (used in) financing activities	(347)	(49)	(715)	(52)
Effect of exchange rate changes	0	1	0	0
Net increase (decrease) in cash, cash equivalents, and restricted cash	(122)	(8)	(375)	(447)
Cash, cash equivalents, and restricted cash at the beginning of period	1,771	1,456	2,024	1,895
Cash, cash equivalents, and restricted cash at the end of period	1,649	1,448	1,649	1,448
Supplemental cash flow data:
Cash paid for interest	0	0	55	55
Cash paid for income taxes, net of refunds	29	21	35	32
Non-cash investing and financing activities:
Purchases of property and equipment, accrued but not paid	56	41	56	41
Accrued taxes related to net share settlement of equity awards	14	0	14	0
Reconciliation of cash, cash equivalents, and restricted cash as shown in the Condensed Consolidated Statements of Cash Flows:
Cash and cash equivalents	1,635	1,436	1,635	1,436
Restricted cash included in Prepaid expenses and other current assets	14	12	14	12
Total cash, cash equivalents, and restricted cash	$ 1,649	$ 1,448	$ 1,649	$ 1,448

Overview and Basis of Presentat

Overview and Basis of Presentation	6 Months Ended
	Jul. 31, 2024
Accounting Policies [Abstract]
Overview and Basis of Presentation	Overview and Basis of Presentation Description of the Business Workday is a leading provider of cloud-based applications for financial management, human capital management (“HCM”), planning, spend management, and analytics. With Workday, our customers have a unified platform with artificial intelligence (“AI”) built into its core that helps them manage their two most important assets – their people and money. Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. The condensed consolidated financial statements include the results of Workday, Inc. and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. In the opinion of our management, the information contained herein reflects all adjustments necessary for a fair presentation of Workday’s financial position, results of operations, stockholders’ equity, and cash flows. All such adjustments are of a normal, recurring nature. The results of operations for the three and six months ended July 31, 2024, shown in this report are not necessarily indicative of the results to be expected for the full fiscal year ending January 31, 2025. The unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements in our Annual Report on Form 10-K for the fiscal year ended January 31, 2024, filed with the SEC on March 8, 2024. Certain prior period amounts reported in our unaudited condensed consolidated financial statements and notes thereto have been reclassified to conform to current period presentation. Use of Estimates The preparation of condensed consolidated financial statements in conformity with GAAP requires us to make certain estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the condensed consolidated financial statements, as well as the reported amounts of revenues and expenses during the reporting period. Significant estimates, judgments, and assumptions include, but are not limited to, the identification of distinct performance obligations for revenue recognition, the determination of the period of benefit for deferred commissions, the realizability of deferred tax assets, the measurement of uncertain tax positions, the fair value and useful lives of assets acquired and liabilities assumed through business combinations, and the valuation of non-marketable equity investments. Actual results could differ from those estimates, judgments, and assumptions, and such differences could be material to our condensed consolidated financial statements. Segment Information We operate in one operating segment, cloud applications. Operating segments are defined as components of an enterprise where separate financial information is evaluated regularly by the chief operating decision maker (“CODM”) in deciding how to allocate resources and assessing performance. Our CODM, the Chief Executive Officer, allocates resources and assesses performance based upon discrete financial information at the consolidated level.

Significant Accounting Policies

Significant Accounting Policies and Accounting Standards	6 Months Ended
	Jul. 31, 2024
Accounting Policies [Abstract]
Significant Accounting Policies and Accounting Standards	Significant Accounting Policies and Accounting Standards Significant Accounting Policies Concentrations of Risk and Significant Customers Our financial instruments that are exposed to concentrations of credit risk consist primarily of cash and cash equivalents, debt securities, derivative instruments, and trade and other receivables. Our deposits exceed federally insured limits. No customer individually accounted for more than 10% of trade and other receivables, net as of July 31, 2024, or January 31, 2024. No customer individually accounted for more than 10% of total revenues during the three and six months ended July 31, 2024, or 2023. Other than the United States, no country individually accounted for more than 10% of total revenues during the three and six months ended July 31, 2024, or 2023. In order to reduce the risk of disruption of our cloud applications, we have established data centers in various geographic regions. We serve our customers and users from data center facilities operated by third parties, located in North America and Europe. We have internal procedures to restore services in the event of disruption at one of our data center facilities. Even with these procedures for disaster recovery in place, our cloud applications could be significantly interrupted during the implementation of the procedures to restore services. In addition, we rely upon third-party hosted infrastructure partners globally, including Amazon Web Services (“AWS”) and Google LLC, to serve customers and operate certain aspects of our services. Given this, any disruption of or interference at our hosted infrastructure partners may impact our operations and our business could be adversely impacted. Recently Issued Accounting Pronouncements In November 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures , which requires disclosure of incremental segment information on an annual and interim basis. This ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted. The standard requires retrospective application to all prior periods presented in the financial statements. We do not intend to early adopt, and are currently evaluating the impacts of the new standard. In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Disclosures , which requires disclosure of disaggregated income taxes paid, prescribes standard categories for the components of the effective tax rate reconciliation, and modifies other income tax-related disclosures. This ASU is effective for fiscal years beginning after December 15, 2024, with early adoption permitted. The standard allows for adoption on a prospective basis, with a retrospective option. We do not intend to early adopt, and are currently evaluating the impacts of the new standard.

Investments

Investments	6 Months Ended
	Jul. 31, 2024
Investments, Debt and Equity Securities [Abstract]
Investments	Investments Debt Securities As of July 31, 2024, debt securities consisted of the following (in millions): Amortized Cost Unrealized Gains Unrealized Losses Aggregate Fair Value U.S. treasury securities $ 1,615 $ 3 $ (1) $ 1,617 U.S. agency obligations 599 1 0 600 Corporate bonds 3,016 11 (4) 3,023 Commercial paper 1,029 0 0 1,029 Total debt securities $ 6,259 $ 15 $ (5) $ 6,269 Included in Cash and cash equivalents $ 531 $ 0 $ 0 $ 531 Included in Marketable securities $ 5,728 $ 15 $ (5) $ 5,738 As of January 31, 2024, debt securities consisted of the following (in millions): Amortized Cost Unrealized Gains Unrealized Losses Aggregate Fair Value U.S. treasury securities $ 2,072 $ 4 $ (2) $ 2,074 U.S. agency obligations 753 2 (1) 754 Corporate bonds 2,496 9 (5) 2,500 Commercial paper 1,232 0 0 1,232 Total debt securities $ 6,553 $ 15 $ (8) $ 6,560 Included in Cash and cash equivalents $ 759 $ 0 $ 0 $ 759 Included in Marketable securities $ 5,794 $ 15 $ (8) $ 5,801 The fair values of debt securities, by remaining contractual maturity, were as follows (in millions): July 31, 2024 Due within 1 year $ 3,206 Due in 1 year through 5 years 3,063 Total debt securities $ 6,269 We classify our debt securities as available-for-sale at the time of purchase and reevaluate such classification as of each balance sheet date. We consider all debt securities as funds available for use in current operations, including those with maturity dates beyond one year, and therefore classify these securities as current assets on the Condensed Consolidated Balance Sheets. Debt securities included in Marketable securities on the Condensed Consolidated Balance Sheets consist of securities with original maturities at the time of purchase greater than three months, and the remaining securities are included in Cash and cash equivalents. Interest receivable of $44 million and $35 million is included in Prepaid expenses and other current assets on the Condensed Consolidated Balance Sheets as of July 31, 2024, and January 31, 2024, respectively. The following tables summarize the aggregate fair value and gross unrealized losses for all debt securities in an unrealized loss position, aggregated by investment category and the length of time that individual securities have been in a continuous loss position (in millions): As of July 31, 2024 Less than 12 Months 12 Months or Greater Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. treasury securities $ 581 $ (1) $ 303 $ 0 $ 884 $ (1) U.S. agency obligations 214 0 40 0 254 0 Corporate bonds 561 (1) 588 (3) 1,149 (4) Commercial paper 20 0 0 0 20 0 Total $ 1,376 $ (2) $ 931 $ (3) $ 2,307 $ (5) As of January 31, 2024 Less than 12 Months 12 Months or Greater Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. treasury securities $ 921 $ (2) $ 78 $ (1) $ 999 $ (3) U.S. agency obligations 234 0 100 (1) 334 (1) Corporate bonds 921 (3) 171 (1) 1,092 (4) Commercial paper 5 0 0 0 5 0 Total $ 2,081 $ (5) $ 349 $ (3) $ 2,430 $ (8) Unrealized losses on debt securities primarily resulted from changes in market interest rates. We do not intend to sell these debt securities and it is not more likely than not that we will be required to sell the debt securities before recovery of their amortized cost bases, which may be at maturity. We did not recognize any credit or non-credit related losses related to our debt securities during the periods presented. We sold $53 million and $6 million of debt securities during the three months ended July 31, 2024, and 2023, respectively. We sold $70 million and $18 million of debt securities during the six months ended July 31, 2024, and 2023, respectively. The realized gains and losses from the sales were immaterial. Equity Investments Equity investments consisted of the following (in millions): Condensed Consolidated Balance Sheets Location July 31, 2024 January 31, 2024 Money market funds Cash and cash equivalents $ 756 $ 1,017 Non-marketable equity investments measured using the measurement alternative Other assets 237 248 Total equity investments $ 993 $ 1,265 Total realized and unrealized gains and losses associated with our equity investments consisted of the following (in millions): Three Months Ended July 31, Six Months Ended July 31, 2024 2023 2024 2023 Net realized gains (losses) recognized on equity investments sold (1) $ (3) $ 2 $ (3) $ 1 Net unrealized gains (losses) recognized on equity investments held as of the end of the period 0 (1) (7) (8) Total net gains (losses) recognized in Other income (expense), net $ (3) $ 1 $ (10) $ (7) (1) Reflects the difference between the sale proceeds and the carrying value of the equity investments at the beginning of the period. Non-Marketable Equity Investments Measured Using the Measurement Alternative Non-marketable equity investments measured using the measurement alternative include investments in privately held companies without readily determinable fair values in which we do not own a controlling interest or exercise significant influence. These investments are recorded at cost and are adjusted for observable transactions for same or similar securities of the same issuer or impairment events. The carrying values for our non-marketable equity investments are summarized below (in millions): July 31, 2024 January 31, 2024 Total initial cost $ 207 $ 213 Cumulative net unrealized gains (losses) 30 35 Carrying value $ 237 $ 248 During the three months ended July 31, 2024, we recorded a loss of $3 million upon exit of a non-marketable equity investment. During the three months ended July 31, 2023, we recorded impairment losses of $10 million to the carrying value of non-marketable equity investments. During the six months ended July 31, 2024, we recorded losses of $10 million related to impairments and exits of non-marketable equity investments. During the six months ended July 31, 2023, we recorded impairment losses of $12 million. Marketable Equity Investments We may hold marketable equity investments with readily determinable fair values over which we do not own a controlling interest or exercise significant influence. As of July 31, 2024, and January 31, 2024, we did not hold any such investments. During the three and six months ended July 31, 2023, we recorded unrealized net gains of $8 million and $4 million, respectively, on our marketable equity investment balance held as of the end of the period of $56 million. Additionally, during the three and six months ended July 31, 2023, we sold marketable equity investments for proceeds of $20 million and $30 million, respectively, with immaterial corresponding realized gains.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jul. 31, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements We use a fair value hierarchy that requires that we maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. A financial instrument’s classification within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Three levels of inputs may be used to measure fair value: Level 1 — Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 — Other inputs that are directly or indirectly observable in the marketplace. Level 3 — Unobservable inputs that are supported by little or no market activity. Assets and Liabilities Measured at Fair Value on a Recurring Basis The following table presents information about our assets and liabilities that are measured at fair value on a recurring basis and their assigned levels within the valuation hierarchy as of July 31, 2024 (in millions): Level 1 Level 2 Level 3 Total U.S. treasury securities $ 1,617 $ 0 $ 0 $ 1,617 U.S. agency obligations 0 600 0 600 Corporate bonds 0 3,023 0 3,023 Commercial paper 0 1,029 0 1,029 Money market funds 756 0 0 756 Foreign currency derivative assets 0 44 0 44 Total assets $ 2,373 $ 4,696 $ 0 $ 7,069 Foreign currency derivative liabilities $ 0 $ 28 $ 0 $ 28 Total liabilities $ 0 $ 28 $ 0 $ 28 The following table presents information about our assets and liabilities that are measured at fair value on a recurring basis and their assigned levels within the valuation hierarchy as of January 31, 2024 (in millions): Level 1 Level 2 Level 3 Total U.S. treasury securities $ 2,074 $ 0 $ 0 $ 2,074 U.S. agency obligations 0 754 0 754 Corporate bonds 0 2,500 0 2,500 Commercial paper 0 1,232 0 1,232 Money market funds 1,017 0 0 1,017 Foreign currency derivative assets 0 46 0 46 Total assets $ 3,091 $ 4,532 $ 0 $ 7,623 Foreign currency derivative liabilities $ 0 $ 27 $ 0 $ 27 Total liabilities $ 0 $ 27 $ 0 $ 27 Non-Marketable Equity Investments Measured at Fair Value on a Non-Recurring Basis Non-marketable equity investments that have been remeasured due to an observable event or impairment are classified within Level 3 in the fair value hierarchy because we estimate the value based on valuation methods which may include a combination of the observable transaction price at the transaction date and other unobservable inputs including volatility, rights, and obligations of the investments we hold. For further information, see Note 3, Investments . Fair Value Measurements of Other Financial Instruments We carry our debt at face value less unamortized debt discount and issuance costs on our Condensed Consolidated Balance Sheets and present the fair value for disclosure purposes only. The fair values of all of our debt obligations are categorized as Level 2 financial instruments. For further information on the fair values of our debt and the inputs used in the calculations, see Note 11, Debt .

Deferred Costs

Deferred Costs	6 Months Ended
	Jul. 31, 2024
Revenue from Contract with Customer [Abstract]
Deferred Costs	Deferred Costs Deferred costs, which consist of deferred sales commissions, were $724 million and $741 million as of July 31, 2024, and January 31, 2024, respectively. Amortization expense for the deferred costs was $62 million and $52 million for the three months ended July 31, 2024, and 2023, respectively, and $121 million and $101 million for the six months ended July 31, 2024, and 2023, respectively. There was no impairment loss in relation to the costs capitalized for the periods presented. Contract Balances Contract assets and unearned revenue balances were as follows (in millions): Condensed Consolidated Balance Sheets Location July 31, 2024 January 31, 2024 Contract assets: Contract assets, current Trade and other receivables, net $ 316 $ 240 Contract assets, noncurrent Other assets 24 21 Total contract assets $ 340 $ 261 Unearned revenue (1) : Unearned revenue, current Unearned revenue $ 3,549 $ 4,057 Unearned revenue, noncurrent Unearned revenue, noncurrent 62 70 Total unearned revenue $ 3,611 $ 4,127 (1) Included in the unearned revenue balance are amounts related to professional services that are subject to cancellation and pro-rated refund rights of $84 million and $76 million as of July 31, 2024, and January 31, 2024, respectively. Revenues of $1.6 billion and $1.4 billion were recognized during the three months ended July 31, 2024, and 2023, respectively, that were included in the unearned revenue balances as of April 30, 2024, and 2023, respectively. Revenues of $2.8 billion and $2.4 billion were recognized during the six months ended July 31, 2024, and 2023, respectively, that were included in the unearned revenue balances as of January 31, 2024, and 2023, respectively. Transaction Price Allocated to the Remaining Performance Obligations As of July 31, 2024, approximately $21.6 billion of revenues are expected to be recognized from remaining performance obligations for subscription contracts. We expect to recognize revenues on approximately $6.8 billion and $12.0 billion of these remaining performance obligations over the next 12 and 24 months, respectively, with the balance recognized thereafter. Revenues from remaining performance obligations for professional services contracts as of July 31, 2024, were not material.

Property and Equipment, Net

Property and Equipment, Net	6 Months Ended
	Jul. 31, 2024
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	Property and Equipment, Net Property and equipment, net consisted of the following (in millions): July 31, 2024 January 31, 2024 Computers, equipment, and software $ 1,390 $ 1,387 Buildings 727 726 Leasehold improvements 231 213 Furniture, fixtures, and transportation equipment 104 99 Land and land improvements 81 81 Property and equipment, gross 2,533 2,506 Less accumulated depreciation and amortization (1,274) (1,272) Property and equipment, net $ 1,259 $ 1,234 Depreciation expense totaled $58 million and $49 million for the three months ended July 31, 2024, and 2023, respectively, and $115 million and $97 million for the six months ended July 31, 2024, and 2023, respectively.

Business Combination

Business Combination	6 Months Ended
	Jul. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Business Combination	Business Combination HiredScore Acquisition On March 29, 2024, we acquired all outstanding stock of HiredScore, Inc. (“HiredScore”), a provider of AI-powered talent orchestration solutions. With HiredScore, Workday provides customers with a comprehensive, transparent, and intelligent talent acquisition and internal mobility offering, helping them better address their ever-evolving people needs. We have included the financial results of HiredScore in our condensed consolidated financial statements from the date of acquisition. The total acquisition-date fair value of the purchase consideration was $530 million, which was paid in cash. The purchase consideration was preliminarily allocated to the tangible and intangible assets acquired and liabilities assumed based on their estimated fair values as of the acquisition date, with the excess recorded to goodwill. The fair values of assets acquired and liabilities assumed may be subject to change over the measurement period as additional information is received and certain tax matters are finalized. The primary areas that are subject to change include income taxes payable and deferred taxes. The measurement period will end no later than one year from the acquisition date. The preliminary fair values of the assets acquired and liabilities assumed as of the date of acquisition were as follows (in millions): Cash $ 11 Acquisition-related intangible assets 135 Goodwill 411 Other assets 11 Other liabilities (38) Total $ 530 The fair values and weighted-average useful lives of the acquired intangible assets by category were as follows (in millions, except years): Estimated Fair Values Weighted-Average Useful Lives (in Years) Developed technology $ 111 8 Customer relationships 23 14 Trade name 1 1 Total acquisition-related intangible assets $ 135 9 The goodwill recognized was primarily attributable to the assembled workforce and the expected synergies from integrating HiredScore’s technology into our product portfolio. The goodwill is not deductible for income tax purposes. Separate operating results and pro forma results of operations for HiredScore have not been presented as the effect of this acquisition was not material to our financial results.

Acquisition-Related Intangible

Acquisition-Related Intangible Assets, Net	6 Months Ended
	Jul. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Acquisition-Related Intangible Assets, Net	Acquisition-Related Intangible Assets, Net Acquisition-related intangible assets, net consisted of the following as of July 31, 2024 (in millions): Gross Carrying Amount Accumulated Amortization Net Book Value Developed technology $ 429 $ (278) $ 151 Customer relationships 334 (155) 179 Backlog 15 (15) 0 Trade name 14 (13) 1 Total $ 792 $ (461) $ 331 Acquisition-related intangible assets, net consisted of the following as of January 31, 2024 (in millions): Gross Carrying Amount Accumulated Amortization Net Book Value Developed technology $ 318 $ (256) $ 62 Customer relationships 311 (140) 171 Backlog 15 (15) 0 Trade name 13 (13) 0 Total $ 657 $ (424) $ 233 Amortization expense related to acquisition-related intangible assets was $20 million and $21 million for the three months ended July 31, 2024, and 2023, respectively, and $37 million and $42 million for the six months ended July 31, 2024, and 2023, respectively. As of July 31, 2024, the future estimated amortization expense related to acquisition-related intangible assets was as follows (in millions): Fiscal Period: Remainder of 2025 $ 39 2026 72 2027 47 2028 43 2029 33 Thereafter 97 Total $ 331

Other Assets

Other Assets	6 Months Ended
	Jul. 31, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets	Other Assets Other assets consisted of the following (in millions): July 31, 2024 January 31, 2024 Non-marketable equity and other investments $ 239 $ 248 Technology patents and other intangible assets, net 26 26 Contract assets 24 21 Prepayments for goods and services 16 14 Derivative assets 15 14 Deposits 8 8 Other 11 6 Total other assets $ 339 $ 337 Technology patents and other intangible assets with estimable useful lives are amortized on a straight-line basis. As of July 31, 2024, the future estimated amortization expense was as follows (in millions): Fiscal Period: Remainder of 2025 $ 2 2026 4 2027 3 2028 3 2029 3 Thereafter 11 Total $ 26

Derivative Instruments

Derivative Instruments	6 Months Ended
	Jul. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	Derivative Instruments We conduct business on a global basis in multiple foreign currencies, subjecting Workday to foreign currency exchange risk. To mitigate this risk, we utilize derivative hedging contracts as described below. We do not enter into any derivatives for trading or speculative purposes. Our foreign currency contracts are classified within Level 2 of the fair value hierarchy because the valuation inputs are based on quoted prices and market observable data of similar instruments in active markets, such as currency spot and forward rates. Cash Flow Hedges We enter into foreign currency forward contracts to hedge a portion of our forecasted revenue and expense transactions (“cash flow hedges”). We designate these forward contracts as cash flow hedging instruments since the accounting criteria for such designation has been met. Cash flow hedges are recorded on the Condensed Consolidated Balance Sheets at fair value. Cash flows from the settlement of these forward contracts are classified as operating activities on the Condensed Consolidated Statements of Cash Flows. Gains or losses resulting from changes in the fair value of these hedges are recorded in Accumulated other comprehensive income (loss) (“AOCI”) on the Condensed Consolidated Balance Sheets and are subsequently reclassified to the same line item as the hedged transaction on the Condensed Consolidated Statements of Operations in the same period that the hedged transaction affects earnings. As of July 31, 2024, we estimate that $25 million of net gains recorded in AOCI related to our cash flow hedges will be reclassified into income within the next 12 months. As of July 31, 2024, and January 31, 2024, the notional values of the cash flow hedges that we held to buy U.S. dollars in exchange for other currencies were $2.7 billion and $2.5 billion, respectively. The notional values of the cash flow hedges that we held to sell U.S. dollars in exchange for other currencies were $399 million as of both July 31, 2024, and January 31, 2024. All contracts had maturities of less than 60 months. Non-Designated Hedges We also enter into foreign currency forward contracts to hedge a portion of our net outstanding monetary assets and liabilities (“non-designated hedges”). These forward contracts are intended to offset foreign currency gains or losses associated with the underlying monetary assets and liabilities and are recorded on the Condensed Consolidated Balance Sheets at fair value. These forward contracts are not designated as hedging instruments under applicable accounting guidance, and therefore all changes in the fair value of these forward contracts are recorded in Other income (expense), net on the Condensed Consolidated Statements of Operations. Cash flows from the settlement of these forward contracts are classified as operating activities on the Condensed Consolidated Statements of Cash Flows. As of July 31, 2024, and January 31, 2024, the notional values of the non-designated hedges that we held to buy U.S. dollars in exchange for other currencies were $131 million and, $237 million respectively, and the notional values of the non-designated hedges that we held to sell U.S. dollars in exchange for other currencies were $22 million and $11 million, respectively. The fair values of outstanding derivative instruments were as follows (in millions): Condensed Consolidated Balance Sheets Location July 31, 2024 January 31, 2024 Derivative assets: Cash flow hedges Prepaid expenses and other current assets $ 29 $ 30 Cash flow hedges Other assets 15 14 Non-designated hedges Prepaid expenses and other current assets 0 2 Total derivative assets $ 44 $ 46 Derivative liabilities: Cash flow hedges Accrued expenses and other current liabilities $ 14 $ 14 Cash flow hedges Other liabilities 12 12 Non-designated hedges Accrued expenses and other current liabilities 2 1 Total derivative liabilities $ 28 $ 27 The effect of cash flow hedges on the Condensed Consolidated Statements of Operations was as follows (in millions): Three Months Ended July 31, Condensed Consolidated Statements of Operations Location 2024 2023 Total Gains (losses) related to cash flow hedges Total Gains (losses) related to cash flow hedges Revenues $ 2,085 $ 8 $ 1,787 $ 17 Costs and expenses 1,974 (3) 1,751 2 Six Months Ended July 31, Condensed Consolidated Statements of Operations Location 2024 2023 Total Gains (losses) related to cash flow hedges Total Gains (losses) related to cash flow hedges Revenues $ 4,075 $ 16 $ 3,471 $ 33 Costs and expenses 3,900 (4) 3,455 1 Pre-tax gains (losses) associated with cash flow hedges were as follows (in millions): Condensed Consolidated Statements of Operations and Statements of Comprehensive Income (Loss) Locations Three Months Ended July 31, Six Months Ended July 31, 2024 2023 2024 2023 Gains (losses) recognized in OCI Net change in unrealized gains (losses) on cash flow hedges $ (20) $ (15) $ 11 $ (13) Gains (losses) reclassified from AOCI into income (effective portion) Revenues 8 17 16 33 Gains (losses) reclassified from AOCI into income (effective portion) Costs and expenses (3) 2 (4) 1 Gains (losses) associated with non-designated hedges were as follows (in millions): Condensed Consolidated Statements of Operations Location Three Months Ended July 31, Six Months Ended July 31, 2024 2023 2024 2023 Gains (losses) related to non-designated hedges Other income (expense), net $ (3) $ (1) $ (1) $ 1 We are subject to netting agreements with all of the counterparties of the foreign exchange contracts, under which we are permitted to net settle transactions of the same currency with a single net amount payable by one party to the other. It is our policy to present the derivatives gross on the Condensed Consolidated Balance Sheets. Our foreign currency forward contracts are not subject to any credit contingent features or collateral requirements. We manage our exposure to counterparty risk by entering into contracts with a diversified group of major financial institutions and by actively monitoring outstanding positions. As of July 31, 2024, information related to these offsetting arrangements was as follows (in millions): Gross Amounts of Recognized Assets Gross Amounts Offset on the Condensed Consolidated Balance Sheets Net Amounts of Assets Presented on the Condensed Consolidated Balance Sheets Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets Net Assets Exposed Financial Instruments Cash Collateral Received Derivative assets: Counterparty A $ 14 $ 0 $ 14 $ (4) $ 0 $ 10 Counterparty B 8 0 8 (8) 0 0 Counterparty C 2 0 2 (2) 0 0 Counterparty D 17 0 17 (13) 0 4 Counterparty E 2 0 2 0 0 2 Counterparty F 1 0 1 (1) 0 0 Total $ 44 $ 0 $ 44 $ (28) $ 0 $ 16 Gross Amounts of Recognized Liabilities Gross Amounts Offset on the Condensed Consolidated Balance Sheets Net Amounts of Liabilities Presented on the Condensed Consolidated Balance Sheets Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets Net Liabilities Exposed Financial Instruments Cash Collateral Pledged Derivative liabilities: Counterparty A $ 4 $ 0 $ 4 $ (4) $ 0 $ 0 Counterparty B 8 0 8 (8) 0 0 Counterparty C 2 0 2 (2) 0 0 Counterparty D 13 0 13 (13) 0 0 Counterparty E 0 0 0 0 0 0 Counterparty F 1 0 1 (1) 0 0 Total $ 28 $ 0 $ 28 $ (28) $ 0 $ 0

Debt

Debt	6 Months Ended
	Jul. 31, 2024
Debt Disclosure [Abstract]
Debt	Debt Outstanding debt consisted of the following (in millions): July 31, 2024 January 31, 2024 2027 Notes $ 1,000 $ 1,000 2029 Notes 750 750 2032 Notes 1,250 1,250 Total principal amount 3,000 3,000 Less: unamortized debt discount and issuance costs (18) (20) Debt, noncurrent $ 2,982 $ 2,980 As of July 31, 2024, the future principal payments for the outstanding debt were as follows (in millions): Fiscal Period: Remainder of 2025 $ 0 2026 0 2027 0 2028 1,000 2029 0 Thereafter 2,000 Total principal amount $ 3,000 Senior Notes In April 2022, we issued $3.0 billion aggregate principal amount of senior notes, consisting of $1.0 billion aggregate principal amount of 3.500% notes due April 1, 2027 (“2027 Notes”), $750 million aggregate principal amount of 3.700% notes due April 1, 2029 (“2029 Notes”), and $1.25 billion aggregate principal amount of 3.800% notes due April 1, 2032 (“2032 Notes,” and together with the 2027 Notes and the 2029 Notes, “Senior Notes”). Interest is payable semi-annually in arrears on April 1 and October 1 of each year. The Senior Notes are unsecured obligations and rank equally with all existing and future unsecured and unsubordinated indebtedness of Workday. We may redeem the Senior Notes in whole or in part at any time or from time to time, at specified redemption dates and prices. In addition, upon the occurrence of certain change of control triggering events, we may be required to repurchase the Senior Notes under specified terms. The indenture governing the Senior Notes also includes covenants (including certain limited covenants restricting our ability to incur certain liens and enter into certain sale and leaseback transactions), events of default, and other customary provisions. As of July 31, 2024, and January 31, 2024, we were in compliance with all covenants associated with the Senior Notes. We incurred debt discount and issuance costs of approximately $27 million in connection with the Senior Notes offering, which were allocated on a pro rata basis to the 2027 Notes, 2029 Notes, and 2032 Notes. The debt discount and issuance costs are amortized on a straight-line basis, which approximates the effective interest rate method, to interest expense over the contractual term of each arrangement. The effective interest rates on the 2027 Notes, 2029 Notes, and 2032 Notes, which are calculated as the contractual interest rates adjusted for the debt discount and issuance costs, are 3.67%, 3.82%, and 3.90%, respectively. As of both July 31, 2024, and January 31, 2024, the total estimated fair value of the Senior Notes was $2.8 billion. The estimated fair values of the Senior Notes, which we have classified as Level 2 financial instruments, were determined based on quoted bid prices in an over-the-counter market on the last trading day of the reporting period. Credit Agreement In April 2022, we entered into a credit agreement (“2022 Credit Agreement”) which provides for a revolving credit facility in an aggregate principal amount of $1.0 billion. As of July 31, 2024, we had no outstanding revolving loans under the 2022 Credit Agreement. The revolving loans under the 2022 Credit Agreement may be borrowed, repaid, and reborrowed until April 6, 2027, at which time all amounts borrowed must be repaid. The revolving loans under the 2022 Credit Agreement will bear interest, at our option, at a base rate plus a margin of 0.000% to 0.500% or a secured overnight financing rate (“SOFR”) plus 10 basis points, plus a margin of 0.750% to 1.500%, with such margin being determined based on our consolidated leverage ratio or debt rating. We are also obligated to pay an ongoing commitment fee on undrawn amounts. The 2022 Credit Agreement contains customary representations, warranties, and affirmative and negative covenants, including a financial covenant, events of default, and indemnification provisions in favor of the lenders. The negative covenants include restrictions on the incurrence of liens and indebtedness, certain merger transactions, and other matters, all subject to certain exceptions. The financial covenant, based on a quarterly financial test, requires that we do not exceed a maximum leverage ratio of 3.50:1.00, subject to a step-up to 4.50:1.00 at our election for a certain period following an acquisition. As of July 31, 2024, and January 31, 2024, we were in compliance with all covenants included in the 2022 Credit Agreement. Interest Expense on Debt The following table sets forth total interest expense recognized related to our debt (in millions): Three Months Ended July 31, Six Months Ended July 31, 2024 2023 2024 2023 Contractual interest expense $ 28 $ 28 $ 55 $ 55 Interest cost related to amortization of debt discount and issuance costs 1 1 2 2 Total interest expense $ 29 $ 29 $ 57 $ 57

Leases

Leases	6 Months Ended
	Jul. 31, 2024
Leases [Abstract]
Leases	Leases We have entered into operating lease agreements for our office space, data centers, and other property and equipment. Operating lease right-of-use assets were $339 million and $289 million as of July 31, 2024, and January 31, 2024, respectively, and operating lease liabilities were $382 million and $316 million as of July 31, 2024, and January 31, 2024, respectively. The components of operating lease expense were as follows (in millions): Three Months Ended July 31, Six Months Ended July 31, 2024 2023 2024 2023 Operating lease cost $ 29 $ 27 $ 58 $ 55 Short-term lease cost 0 1 1 2 Variable lease cost 15 10 24 22 Total operating lease cost $ 44 $ 38 $ 83 $ 79 Supplemental cash flow information related to our operating leases was as follows (in millions): Three Months Ended July 31, Six Months Ended July 31, 2024 2023 2024 2023 Cash paid for operating lease liabilities $ 28 $ 25 $ 51 $ 54 Operating lease right-of-use assets obtained in exchange for new operating lease liabilities 41 32 101 64 Other information related to our operating leases was as follows: July 31, 2024 January 31, 2024 Weighted average remaining lease term (in years) 5 5 Weighted average discount rate 4.01 % 3.95 % As of July 31, 2024, maturities of operating lease liabilities were as follows (in millions): Fiscal Period: Remainder of 2025 $ 55 2026 102 2027 83 2028 73 2029 47 Thereafter 74 Total lease payments 434 Less imputed interest (52) Total operating lease liabilities $ 382 As of July 31, 2024 , we have additional operating leases for data centers and office space that had not yet commenced with total undiscounted lease payments of $42 million. These operating leases will commence in fiscal 2025 and fiscal 2026, with lease terms ranging from approximately five

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jul. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Purchase Obligations Our purchase obligations are primarily related to agreements for third-party hosted infrastructure platforms, data center equipment and software, business technology software and support, and sales and marketing activities. During the six months ended July 31, 2024, there were no material changes outside the ordinary course of business to our non-cancelable purchase obligations disclosed in our Annual Report on Form 10-K for the fiscal year ended January 31, 2024. Legal Matters We are a party to various legal proceedings and claims that arise in the ordinary course of business. We make a provision for a liability relating to legal matters when it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. These provisions are reviewed at least quarterly and adjusted to reflect the impacts of negotiations, settlements, rulings, advice of legal counsel, and other information and events pertaining to a particular matter. In our opinion, as of July 31, 2024, there was not at least a reasonable possibility that we had incurred a material loss, or a material loss in excess of a recorded accrual, with respect to such loss contingencies.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jul. 31, 2024
Equity [Abstract]
Stockholders' Equity	Stockholders’ Equity Common Stock As of July 31, 2024, there were 213 million shares of Class A common stock, net of treasury stock, and 53 million shares of Class B common stock outstanding. The rights of the holders of Class A common stock and Class B common stock are identical, except with respect to voting and conversion. Each share of Class A common stock is entitled to one vote per share and each share of Class B common stock is entitled to 10 votes per share. Each share of Class B common stock can be converted into a share of Class A common stock at any time at the option of the holder. Share Repurchase Programs In November 2022, our Board of Directors authorized the repurchase of up to $500 million of our outstanding shares of Class A common stock (“2022 Share Repurchase Program”). We completed the purchase authorization under this program during the first quarter of fiscal 2025. In February 2024, our Board of Directors authorized a new program under which we may repurchase up to an additional $500 million of our outstanding shares of Class A common stock (“February 2024 Share Repurchase Program”). We may repurchase shares of Class A common stock from time to time through open market purchases, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Exchange Act, in privately negotiated transactions, or by other means, in accordance with applicable securities laws and other restrictions. The timing and total amount of share repurchases under this program will depend upon business, economic, and market conditions, corporate and regulatory requirements, prevailing stock prices, and other considerations. The February 2024 Share Repurchase Program has a term of 18 months, may be suspended or discontinued at any time, and does not obligate us to acquire any amount of Class A common stock. During the three months ended July 31, 2024, and 2023, we repurchased a total of approximately 1.4 million and 0.6 million shares of Class A common stock for approximately $309 million and $139 million at an average price per share of $223.10 and $218.33, respectively. During the six months ended July 31, 2024, and 2023, we repurchased a total of approximately 1.9 million and 0.6 million shares of Class A common stock for approximately $443 million and $139 million at an average price per share of $234.78 and $218.33, respectively. All repurchases were made in open market transactions. As of July 31, 2024, we were authorized to repurchase a remaining $59 million of our outstanding shares of Class A common stock under the February 2024 Share Repurchase Program. In August 2024, our Board of Directors authorized the August 2024 Share Repurchase Program, under which we may repurchase up to an additional $1.0 billion of our outstanding shares of Class A common stock. For further information, see Note 20, Subsequent Events . Employee Equity Plans In June 2022, our stockholders approved the 2022 Equity Incentive Plan (“2022 Plan”), with a reserve of 30 million shares for issuance. The 2022 Plan serves as the successor to our 2012 Equity Incentive Plan (“2012 Plan” and, together with the 2022 Plan, “Stock Plans”). Awards that are granted on or after the effective date of the 2022 Plan will be granted pursuant to and subject to the terms and provisions of the 2022 Plan. Prior awards granted under the 2012 Plan continue to be subject to the terms and provisions of the 2012 Plan. Shares that are withheld in connection with the net share settlement of RSUs or forfeited are added to the reserves of the 2022 Plan. As of July 31, 2024, we had 17 million shares of Class A common stock available for future grants. In June 2022, our stockholders approved the Amended and Restated 2012 Employee Stock Purchase Plan (“ESPP”). Under the ESPP, eligible employees are granted options to purchase shares at the lower of 85% of the fair market value of the stock at the time of grant or 85% of the fair market value at the time of exercise. Options to purchase shares are granted twice yearly on or about June 1 and December 1, and are exercisable on or about the succeeding November 30 and May 31, respectively. As of July 31, 2024, 3 million shares of Class A common stock were available for issuance under the ESPP. Restricted Stock Units The Stock Plans provide for the issuance of restricted stock units (“RSUs”) to employees and non-employees. RSUs generally vest over four years. RSU activity during the six months ended July 31, 2024, was as follows (in thousands, except per share data): Number of Shares Weighted-Average Grant Date Fair Value Outstanding balance as of January 31, 2024 15,020 $ 203.94 RSUs granted 6,148 253.13 RSUs vested (2,668) 200.45 RSUs forfeited and canceled (1) (2,046) 203.77 Outstanding balance as of July 31, 2024 16,454 222.91 (1) Includes shares withheld in connection with the net share settlement of RSUs. As of July 31, 2024, there was a total of $2.8 billion in unrecognized compensation cost, adjusted for estimated forfeitures, related to unvested RSUs, which is expected to be recognized over a weighted-average period of approximately three years. Market-Based Restricted Stock Units In December 2022, 0.3 million shares of market-based RSUs were granted to Mr. Eschenbach in connection with his appointment as Co-CEO that vest based on appreciation of the price of our Class A common stock over a multi-year period and upon continued service (“PVU Award”). We estimated the fair value of the PVU Award on the grant date using the Monte Carlo simulation model with the following assumptions: (i) expected volatility of 40%, (ii) risk-free interest rate of 4%, and (iii) total performance period of six years. The weighted-average grant date fair value of the PVU Award was $124.80 per share. We recognize expense for the PVU Award over the requisite service period of five years using the accelerated attribution method. Provided that the requisite service is rendered, the total fair value of the PVU Award at the date of grant is recognized as compensation expense even if the market condition is not achieved. However, the number of shares that ultimately vest can vary significantly with the achievement of the specified market criteria. As of July 31, 2024, there was a total of $14 million in unrecognized compensation cost related to the PVU Award, which is expected to be recognized over approximately three years. Stock Options The Stock Plans provide for the issuance of incentive and nonstatutory stock options to employees and non-employees. Stock options issued under the Stock Plans generally are exercisable for periods not to exceed ten years and generally vest over five years. As of July 31, 2024, there were 0.1 million options outstanding and exercisable with a weighted-average exercise price of $29.28, and an aggregate intrinsic value of $16 million. All stock options were fully vested, with no remaining unrecognized compensation cost.

Contract Balances and Performan

Contract Balances and Performance Obligations	6 Months Ended
	Jul. 31, 2024
Revenue from Contract with Customer [Abstract]
Contract Balances and Performance Obligations	Deferred Costs Deferred costs, which consist of deferred sales commissions, were $724 million and $741 million as of July 31, 2024, and January 31, 2024, respectively. Amortization expense for the deferred costs was $62 million and $52 million for the three months ended July 31, 2024, and 2023, respectively, and $121 million and $101 million for the six months ended July 31, 2024, and 2023, respectively. There was no impairment loss in relation to the costs capitalized for the periods presented. Contract Balances Contract assets and unearned revenue balances were as follows (in millions): Condensed Consolidated Balance Sheets Location July 31, 2024 January 31, 2024 Contract assets: Contract assets, current Trade and other receivables, net $ 316 $ 240 Contract assets, noncurrent Other assets 24 21 Total contract assets $ 340 $ 261 Unearned revenue (1) : Unearned revenue, current Unearned revenue $ 3,549 $ 4,057 Unearned revenue, noncurrent Unearned revenue, noncurrent 62 70 Total unearned revenue $ 3,611 $ 4,127 (1) Included in the unearned revenue balance are amounts related to professional services that are subject to cancellation and pro-rated refund rights of $84 million and $76 million as of July 31, 2024, and January 31, 2024, respectively. Revenues of $1.6 billion and $1.4 billion were recognized during the three months ended July 31, 2024, and 2023, respectively, that were included in the unearned revenue balances as of April 30, 2024, and 2023, respectively. Revenues of $2.8 billion and $2.4 billion were recognized during the six months ended July 31, 2024, and 2023, respectively, that were included in the unearned revenue balances as of January 31, 2024, and 2023, respectively. Transaction Price Allocated to the Remaining Performance Obligations As of July 31, 2024, approximately $21.6 billion of revenues are expected to be recognized from remaining performance obligations for subscription contracts. We expect to recognize revenues on approximately $6.8 billion and $12.0 billion of these remaining performance obligations over the next 12 and 24 months, respectively, with the balance recognized thereafter. Revenues from remaining performance obligations for professional services contracts as of July 31, 2024, were not material.

Other Income (Expense), Net

Other Income (Expense), Net	6 Months Ended
	Jul. 31, 2024
Other Income and Expenses [Abstract]
Other Income (Expense), Net	Other Income (Expense), Net Other income (expense), net consisted of the following (in millions): Three Months Ended July 31, Six Months Ended July 31, 2024 2023 2024 2023 Interest income $ 88 $ 72 $ 181 $ 134 Interest expense (1) (28) (29) (57) (57) Other (2) (3) 3 (8) (4) Total other income (expense), net $ 57 $ 46 $ 116 $ 73 (1) Interest expense primarily includes the contractual interest expense of our debt obligations, and the related non-cash interest expense attributable to amortization of the debt discount and issuance costs. For further information, see Note 11, Debt . (2) Other primarily includes the net gains (losses) from our equity investments. For further information, see Note 3, Investments .

Income Taxes

Income Taxes	6 Months Ended
	Jul. 31, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes We reported an income tax provision of $52 million and $10 million for the six months ended July 31, 2024, and 2023, respectively. The income tax provision for the six months ended July 31, 2024, was primarily attributable to earnings in the U.S. and profitable foreign jurisdictions, offset by the excess tax benefit from stock-based compensation. The income tax provision for the six months ended July 31, 2023, was primarily attributable to income tax expenses in profitable foreign jurisdictions and capitalized research and development expenditures in the U.S. We are subject to income tax audits in the U.S. and foreign jurisdictions. We record liabilities related to uncertain tax positions and believe that we have provided adequate reserves for income tax uncertainties in all open tax years. Due to our history of tax losses, all years remain open to tax audit. We periodically evaluate the realizability of our net deferred tax assets based on all available evidence, both positive and negative. The realization of net deferred tax assets is dependent on our ability to generate sufficient future taxable income during periods prior to the expiration of tax attributes to fully utilize these assets. As of July 31, 2024, we continue to maintain valuation allowances related to tax credits in certain state jurisdictions and net operating loss in certain foreign jurisdictions. We will continue to evaluate the need for valuation allowances for our deferred tax assets.

Net Income (Loss) Per Share

Net Income (Loss) Per Share	6 Months Ended
	Jul. 31, 2024
Earnings Per Share [Abstract]
Net Income (Loss) Per Share	Net Income (Loss) Per Share Basic net income (loss) per share is computed by dividing net income (loss) by the weighted-average number of shares of common stock outstanding during the period, net of treasury stock. Diluted net income (loss) per share is computed by giving effect to all potentially dilutive shares of common stock, including outstanding share-based awards consisting primarily of unvested RSUs and ESPP obligations and outstanding warrants related to the issuance of convertible senior notes. We determine the dilutive effect of outstanding share-based awards and warrants using the treasury stock method. The net income (loss) per share is allocated based on the contractual participation rights of the Class A common shares and Class B common shares as if the income (loss) for the period had been distributed. As the liquidation and dividend rights are identical, the net income (loss) is allocated on a proportionate basis. The computation of the diluted net income per share of Class A common stock assumes the conversion of our Class B common stock to Class A common stock, while the diluted net income (loss) per share of Class B common stock does not assume the conversion of those shares. The following table presents the calculation of basic and diluted net income (loss) per share (in millions, except number of shares, which are reflected in thousands, and per share data): Three Months Ended July 31, Six Months Ended July 31, 2024 2023 2024 2023 Class A Class B Class A Class B Class A Class B Class A Class B Net income (loss) per share, basic: Numerator: Net income (loss) $ 106 $ 26 $ 62 $ 17 $ 191 $ 48 $ 62 $ 17 Denominator: Weighted-average shares outstanding, basic 212,612 52,705 206,559 54,632 211,998 52,887 205,393 54,633 Net income (loss) per share, basic $ 0.50 $ 0.50 $ 0.30 $ 0.30 $ 0.90 $ 0.90 $ 0.30 $ 0.30 Net income (loss) per share, diluted: Numerator: Net income (loss) $ 106 $ 26 $ 62 $ 17 $ 191 $ 48 $ 62 $ 17 Reallocation of net income as a result of conversion of Class B to Class A common stock 26 0 17 0 48 0 17 0 Reallocation of net income to Class B common stock 0 0 0 (1) 0 (1) 0 (1) Net income (loss) for diluted calculation 132 26 79 16 239 47 79 16 Denominator: Weighted-average shares outstanding, basic 212,612 52,705 206,559 54,632 211,998 52,887 205,393 54,633 Conversion of Class B to Class A common stock 52,705 0 54,632 0 52,887 0 54,633 0 Dilutive effect of share-based awards 2,632 0 3,244 0 4,243 0 2,897 0 Weighted-average shares outstanding, diluted 267,949 52,705 264,435 54,632 269,128 52,887 262,923 54,633 Net income (loss) per share, diluted $ 0.49 $ 0.49 $ 0.30 $ 0.30 $ 0.89 $ 0.89 $ 0.30 $ 0.30 The computation of diluted net income (loss) per share does not include the effect of the following potentially outstanding weighted-average shares of common stock. The effects of these potentially outstanding shares were not included in the calculation of diluted net income (loss) per share because the effect would have been anti-dilutive (in thousands): Three Months Ended July 31, Six Months Ended July 31, 2024 2023 2024 2023 Total shares related to outstanding share-based awards 6,321 2,531 3,196 3,220

Geographic Information

Geographic Information	6 Months Ended
	Jul. 31, 2024
Segment Reporting [Abstract]
Geographic Information	Geographic Information Revenues We sell our subscription contracts and related services in two primary geographical markets: to customers located in the United States and to customers located outside of the United States. Revenues by geography are generally based on the address of the customer as specified in our customer subscription agreement. The following table sets forth revenues by geographic area (in millions): Three Months Ended July 31, Six Months Ended July 31, 2024 2023 2024 2023 United States $ 1,561 $ 1,345 $ 3,054 $ 2,609 Other countries 524 442 1,021 862 Total revenues $ 2,085 $ 1,787 $ 4,075 $ 3,471 Long-Lived Assets Our long-lived assets are attributed to a country based on the physical location of the assets. We define long-lived assets as property and equipment and operating lease right-of-use assets because many of these assets cannot be readily moved and are relatively illiquid, subjecting them to geographic risk. None of our other assets are subject to significant geographic risk. Aggregate Property and equipment, net and Operating lease right-of-use assets by geographic area was as follows (in millions): July 31, 2024 January 31, 2024 United States $ 1,212 $ 1,199 Ireland 246 213 Other countries 140 111 Total long-lived assets $ 1,598 $ 1,523

Subsequent Events

Subsequent Events	6 Months Ended
	Jul. 31, 2024
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events August 2024 Share Repurchase Program In August 2024, our Board of Directors authorized the August 2024 Share Repurchase Program, under which we may purchase up to $1.0 billion of our outstanding shares of Class A common stock. We 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, 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 August 2024 Share Repurchase Program has no expiration date, but may be suspended or discontinued at any time, and does not obligate us to acquire any amount of Class A common stock.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023
Pay vs Performance Disclosure
Net income (loss)	$ 132	$ 79	$ 239	$ 79

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended	6 Months Ended
	Jul. 31, 2024 shares	Jul. 31, 2024 shares
Trading Arrangements, by Individual
Material Terms of Trading Arrangement		During the three months ended July 31, 2024, the following directors and/or officers of Workday adopted or terminated a “Rule 10b5-1 trading arrangement,” as defined in item 408(a) of Regulation S-K intending to satisfy the affirmative defense of Rule 10b5-1(c): Name and Title Action Total Shares of Class A Common Stock to be Purchased or Sold Adoption Date Expiration Date Wayne A.I. Frederick (Director) Adopt Sale of up to 3,657 shares of Class A Common Stock July 12, 2024 July 14, 2025
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false
Wayne A.I. Frederick [Member]
Trading Arrangements, by Individual
Name	Wayne A.I. Frederick
Title	Director
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	July 12, 2024
Expiration Date	July 14, 2025
Arrangement Duration	367 days
Aggregate Available	3,657	3,657

Overview and Basis of Present_2

Overview and Basis of Presentation (Policies)	6 Months Ended
	Jul. 31, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. The condensed consolidated financial statements include the results of Workday, Inc. and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. In the opinion of our management, the information contained herein reflects all adjustments necessary for a fair presentation of Workday’s financial position, results of operations, stockholders’ equity, and cash flows. All such adjustments are of a normal, recurring nature. The results of operations for the three and six months ended July 31, 2024, shown in this report are not necessarily indicative of the results to be expected for the full fiscal year ending January 31, 2025. The unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements in our Annual Report on Form 10-K for the fiscal year ended January 31, 2024, filed with the SEC on March 8, 2024. Certain prior period amounts reported in our unaudited condensed consolidated financial statements and notes thereto have been reclassified to conform to current period presentation.
Use of Estimates	Use of Estimates The preparation of condensed consolidated financial statements in conformity with GAAP requires us to make certain estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the condensed consolidated financial statements, as well as the reported amounts of revenues and expenses during the reporting period. Significant estimates, judgments, and assumptions include, but are not limited to, the identification of distinct performance obligations for revenue recognition, the determination of the period of benefit for deferred commissions, the realizability of deferred tax assets, the measurement of uncertain tax positions, the fair value and useful lives of assets acquired and liabilities assumed through business combinations, and the valuation of non-marketable equity investments. Actual results could differ from those estimates, judgments, and assumptions, and such differences could be material to our condensed consolidated financial statements.
Segment Information	Segment Information We operate in one operating segment, cloud applications. Operating segments are defined as components of an enterprise where separate financial information is evaluated regularly by the chief operating decision maker (“CODM”) in deciding how to allocate resources and assessing performance. Our CODM, the Chief Executive Officer, allocates resources and assesses performance based upon discrete financial information at the consolidated level.
Concentrations of Risk and Significant Customers	Concentrations of Risk and Significant Customers Our financial instruments that are exposed to concentrations of credit risk consist primarily of cash and cash equivalents, debt securities, derivative instruments, and trade and other receivables. Our deposits exceed federally insured limits. In order to reduce the risk of disruption of our cloud applications, we have established data centers in various geographic regions. We serve our customers and users from data center facilities operated by third parties, located in North America and Europe. We have internal procedures to restore services in the event of disruption at one of our data center facilities. Even with these procedures for disaster recovery in place, our cloud applications could be significantly interrupted during the implementation of the procedures to restore services. In addition, we rely upon third-party hosted infrastructure partners globally, including Amazon Web Services (“AWS”) and Google LLC, to serve customers and operate certain aspects of our services. Given this, any disruption of or interference at our hosted infrastructure partners may impact our operations and our business could be adversely impacted.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In November 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures , which requires disclosure of incremental segment information on an annual and interim basis. This ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted. The standard requires retrospective application to all prior periods presented in the financial statements. We do not intend to early adopt, and are currently evaluating the impacts of the new standard. In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Disclosures , which requires disclosure of disaggregated income taxes paid, prescribes standard categories for the components of the effective tax rate reconciliation, and modifies other income tax-related disclosures. This ASU is effective for fiscal years beginning after December 15, 2024, with early adoption permitted. The standard allows for adoption on a prospective basis, with a retrospective option. We do not intend to early adopt, and are currently evaluating the impacts of the new standard.
Investments	We classify our debt securities as available-for-sale at the time of purchase and reevaluate such classification as of each balance sheet date. We consider all debt securities as funds available for use in current operations, including those with maturity dates beyond one year, and therefore classify these securities as current assets on the Condensed Consolidated Balance Sheets. Debt securities included in Marketable securities on the Condensed Consolidated Balance Sheets consist of securities with original maturities at the time of purchase greater than three months, and the remaining securities are included in Cash and cash equivalents.
Fair Value Measurements	We use a fair value hierarchy that requires that we maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. A financial instrument’s classification within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Three levels of inputs may be used to measure fair value: Level 1 — Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 — Other inputs that are directly or indirectly observable in the marketplace. Level 3 — Unobservable inputs that are supported by little or no market activity.
Derivative Instruments	We conduct business on a global basis in multiple foreign currencies, subjecting Workday to foreign currency exchange risk. To mitigate this risk, we utilize derivative hedging contracts as described below. We do not enter into any derivatives for trading or speculative purposes. Our foreign currency contracts are classified within Level 2 of the fair value hierarchy because the valuation inputs are based on quoted prices and market observable data of similar instruments in active markets, such as currency spot and forward rates. Cash Flow Hedges We enter into foreign currency forward contracts to hedge a portion of our forecasted revenue and expense transactions (“cash flow hedges”). We designate these forward contracts as cash flow hedging instruments since the accounting criteria for such designation has been met. We also enter into foreign currency forward contracts to hedge a portion of our net outstanding monetary assets and liabilities (“non-designated hedges”). These forward contracts are intended to offset foreign currency gains or losses associated with the underlying monetary assets and liabilities and are recorded on the Condensed Consolidated Balance Sheets at fair value. These forward contracts are not designated as hedging instruments under applicable accounting guidance, and therefore all changes in the fair value of these forward contracts are recorded in Other income (expense), net on the Condensed Consolidated Statements of Operations. Cash flows from the settlement of these forward contracts are classified as operating activities on the Condensed Consolidated Statements of Cash Flows. We are subject to netting agreements with all of the counterparties of the foreign exchange contracts, under which we are permitted to net settle transactions of the same currency with a single net amount payable by one party to the other. It is our policy to present the derivatives gross on the Condensed Consolidated Balance Sheets. Our foreign currency forward contracts are not subject to any credit contingent features or collateral requirements. We manage our exposure to counterparty risk by entering into contracts with a diversified group of major financial institutions and by actively monitoring outstanding positions.
Net Income (Loss) Per Share	Basic net income (loss) per share is computed by dividing net income (loss) by the weighted-average number of shares of common stock outstanding during the period, net of treasury stock. Diluted net income (loss) per share is computed by giving effect to all potentially dilutive shares of common stock, including outstanding share-based awards consisting primarily of unvested RSUs and ESPP obligations and outstanding warrants related to the issuance of convertible senior notes. We determine the dilutive effect of outstanding share-based awards and warrants using the treasury stock method. The net income (loss) per share is allocated based on the contractual participation rights of the Class A common shares and Class B common shares as if the income (loss) for the period had been distributed. As the liquidation and dividend rights are identical, the net income (loss) is allocated on a proportionate basis. The computation of the diluted net income per share of Class A common stock assumes the conversion of our Class B common stock to Class A common stock, while the diluted net income (loss) per share of Class B common stock does not assume the conversion of those shares.

Investments (Tables)

Investments (Tables)	6 Months Ended
	Jul. 31, 2024
Investments, Debt and Equity Securities [Abstract]
Summary of Debt Securities	As of July 31, 2024, debt securities consisted of the following (in millions): Amortized Cost Unrealized Gains Unrealized Losses Aggregate Fair Value U.S. treasury securities $ 1,615 $ 3 $ (1) $ 1,617 U.S. agency obligations 599 1 0 600 Corporate bonds 3,016 11 (4) 3,023 Commercial paper 1,029 0 0 1,029 Total debt securities $ 6,259 $ 15 $ (5) $ 6,269 Included in Cash and cash equivalents $ 531 $ 0 $ 0 $ 531 Included in Marketable securities $ 5,728 $ 15 $ (5) $ 5,738 As of January 31, 2024, debt securities consisted of the following (in millions): Amortized Cost Unrealized Gains Unrealized Losses Aggregate Fair Value U.S. treasury securities $ 2,072 $ 4 $ (2) $ 2,074 U.S. agency obligations 753 2 (1) 754 Corporate bonds 2,496 9 (5) 2,500 Commercial paper 1,232 0 0 1,232 Total debt securities $ 6,553 $ 15 $ (8) $ 6,560 Included in Cash and cash equivalents $ 759 $ 0 $ 0 $ 759 Included in Marketable securities $ 5,794 $ 15 $ (8) $ 5,801
Contractual Maturity of Debt Securities	The fair values of debt securities, by remaining contractual maturity, were as follows (in millions): July 31, 2024 Due within 1 year $ 3,206 Due in 1 year through 5 years 3,063 Total debt securities $ 6,269
Aggregate Fair Value and Gross Unrealized Losses for Debt Securities In Unrealized Loss Position	The following tables summarize the aggregate fair value and gross unrealized losses for all debt securities in an unrealized loss position, aggregated by investment category and the length of time that individual securities have been in a continuous loss position (in millions): As of July 31, 2024 Less than 12 Months 12 Months or Greater Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. treasury securities $ 581 $ (1) $ 303 $ 0 $ 884 $ (1) U.S. agency obligations 214 0 40 0 254 0 Corporate bonds 561 (1) 588 (3) 1,149 (4) Commercial paper 20 0 0 0 20 0 Total $ 1,376 $ (2) $ 931 $ (3) $ 2,307 $ (5) As of January 31, 2024 Less than 12 Months 12 Months or Greater Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. treasury securities $ 921 $ (2) $ 78 $ (1) $ 999 $ (3) U.S. agency obligations 234 0 100 (1) 334 (1) Corporate bonds 921 (3) 171 (1) 1,092 (4) Commercial paper 5 0 0 0 5 0 Total $ 2,081 $ (5) $ 349 $ (3) $ 2,430 $ (8)
Equity Investments	Equity investments consisted of the following (in millions): Condensed Consolidated Balance Sheets Location July 31, 2024 January 31, 2024 Money market funds Cash and cash equivalents $ 756 $ 1,017 Non-marketable equity investments measured using the measurement alternative Other assets 237 248 Total equity investments $ 993 $ 1,265
Realized and Unrealized Gains and Losses With Equity Investments	Total realized and unrealized gains and losses associated with our equity investments consisted of the following (in millions): Three Months Ended July 31, Six Months Ended July 31, 2024 2023 2024 2023 Net realized gains (losses) recognized on equity investments sold (1) $ (3) $ 2 $ (3) $ 1 Net unrealized gains (losses) recognized on equity investments held as of the end of the period 0 (1) (7) (8) Total net gains (losses) recognized in Other income (expense), net $ (3) $ 1 $ (10) $ (7) (1) Reflects the difference between the sale proceeds and the carrying value of the equity investments at the beginning of the period.
Carrying Values Of Non-marketable Equity Investments	The carrying values for our non-marketable equity investments are summarized below (in millions): July 31, 2024 January 31, 2024 Total initial cost $ 207 $ 213 Cumulative net unrealized gains (losses) 30 35 Carrying value $ 237 $ 248

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jul. 31, 2024
Fair Value Disclosures [Abstract]
Information about Assets Measured at Fair Value on a Recurring Basis	The following table presents information about our assets and liabilities that are measured at fair value on a recurring basis and their assigned levels within the valuation hierarchy as of July 31, 2024 (in millions): Level 1 Level 2 Level 3 Total U.S. treasury securities $ 1,617 $ 0 $ 0 $ 1,617 U.S. agency obligations 0 600 0 600 Corporate bonds 0 3,023 0 3,023 Commercial paper 0 1,029 0 1,029 Money market funds 756 0 0 756 Foreign currency derivative assets 0 44 0 44 Total assets $ 2,373 $ 4,696 $ 0 $ 7,069 Foreign currency derivative liabilities $ 0 $ 28 $ 0 $ 28 Total liabilities $ 0 $ 28 $ 0 $ 28 The following table presents information about our assets and liabilities that are measured at fair value on a recurring basis and their assigned levels within the valuation hierarchy as of January 31, 2024 (in millions): Level 1 Level 2 Level 3 Total U.S. treasury securities $ 2,074 $ 0 $ 0 $ 2,074 U.S. agency obligations 0 754 0 754 Corporate bonds 0 2,500 0 2,500 Commercial paper 0 1,232 0 1,232 Money market funds 1,017 0 0 1,017 Foreign currency derivative assets 0 46 0 46 Total assets $ 3,091 $ 4,532 $ 0 $ 7,623 Foreign currency derivative liabilities $ 0 $ 27 $ 0 $ 27 Total liabilities $ 0 $ 27 $ 0 $ 27

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	6 Months Ended
	Jul. 31, 2024
Property, Plant and Equipment [Abstract]
Summary of Property and Equipment, Net	Property and equipment, net consisted of the following (in millions): July 31, 2024 January 31, 2024 Computers, equipment, and software $ 1,390 $ 1,387 Buildings 727 726 Leasehold improvements 231 213 Furniture, fixtures, and transportation equipment 104 99 Land and land improvements 81 81 Property and equipment, gross 2,533 2,506 Less accumulated depreciation and amortization (1,274) (1,272) Property and equipment, net $ 1,259 $ 1,234

Business Combination (Tables)

Business Combination (Tables)	6 Months Ended
	Jul. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Summary of Preliminary Purchase Consideration Allocation	The preliminary fair values of the assets acquired and liabilities assumed as of the date of acquisition were as follows (in millions): Cash $ 11 Acquisition-related intangible assets 135 Goodwill 411 Other assets 11 Other liabilities (38) Total $ 530
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination	The fair values and weighted-average useful lives of the acquired intangible assets by category were as follows (in millions, except years): Estimated Fair Values Weighted-Average Useful Lives (in Years) Developed technology $ 111 8 Customer relationships 23 14 Trade name 1 1 Total acquisition-related intangible assets $ 135 9

Acquisition-Related Intangibl_2

Acquisition-Related Intangible Assets, Net (Tables)	6 Months Ended
	Jul. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Acquired Assets	Acquisition-related intangible assets, net consisted of the following as of July 31, 2024 (in millions): Gross Carrying Amount Accumulated Amortization Net Book Value Developed technology $ 429 $ (278) $ 151 Customer relationships 334 (155) 179 Backlog 15 (15) 0 Trade name 14 (13) 1 Total $ 792 $ (461) $ 331 Acquisition-related intangible assets, net consisted of the following as of January 31, 2024 (in millions): Gross Carrying Amount Accumulated Amortization Net Book Value Developed technology $ 318 $ (256) $ 62 Customer relationships 311 (140) 171 Backlog 15 (15) 0 Trade name 13 (13) 0 Total $ 657 $ (424) $ 233
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	As of July 31, 2024, the future estimated amortization expense related to acquisition-related intangible assets was as follows (in millions): Fiscal Period: Remainder of 2025 $ 39 2026 72 2027 47 2028 43 2029 33 Thereafter 97 Total $ 331 Fiscal Period: Remainder of 2025 $ 2 2026 4 2027 3 2028 3 2029 3 Thereafter 11 Total $ 26

Other Assets (Tables)

Other Assets (Tables)	6 Months Ended
	Jul. 31, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Other Assets	Other assets consisted of the following (in millions): July 31, 2024 January 31, 2024 Non-marketable equity and other investments $ 239 $ 248 Technology patents and other intangible assets, net 26 26 Contract assets 24 21 Prepayments for goods and services 16 14 Derivative assets 15 14 Deposits 8 8 Other 11 6 Total other assets $ 339 $ 337
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	As of July 31, 2024, the future estimated amortization expense related to acquisition-related intangible assets was as follows (in millions): Fiscal Period: Remainder of 2025 $ 39 2026 72 2027 47 2028 43 2029 33 Thereafter 97 Total $ 331 Fiscal Period: Remainder of 2025 $ 2 2026 4 2027 3 2028 3 2029 3 Thereafter 11 Total $ 26

Derivative Instruments (Tables)

Derivative Instruments (Tables)	6 Months Ended
	Jul. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Fair Values of Outstanding Derivative Instruments	The fair values of outstanding derivative instruments were as follows (in millions): Condensed Consolidated Balance Sheets Location July 31, 2024 January 31, 2024 Derivative assets: Cash flow hedges Prepaid expenses and other current assets $ 29 $ 30 Cash flow hedges Other assets 15 14 Non-designated hedges Prepaid expenses and other current assets 0 2 Total derivative assets $ 44 $ 46 Derivative liabilities: Cash flow hedges Accrued expenses and other current liabilities $ 14 $ 14 Cash flow hedges Other liabilities 12 12 Non-designated hedges Accrued expenses and other current liabilities 2 1 Total derivative liabilities $ 28 $ 27
Derivative Instruments Gain (Loss)	The effect of cash flow hedges on the Condensed Consolidated Statements of Operations was as follows (in millions): Three Months Ended July 31, Condensed Consolidated Statements of Operations Location 2024 2023 Total Gains (losses) related to cash flow hedges Total Gains (losses) related to cash flow hedges Revenues $ 2,085 $ 8 $ 1,787 $ 17 Costs and expenses 1,974 (3) 1,751 2 Six Months Ended July 31, Condensed Consolidated Statements of Operations Location 2024 2023 Total Gains (losses) related to cash flow hedges Total Gains (losses) related to cash flow hedges Revenues $ 4,075 $ 16 $ 3,471 $ 33 Costs and expenses 3,900 (4) 3,455 1 Pre-tax gains (losses) associated with cash flow hedges were as follows (in millions): Condensed Consolidated Statements of Operations and Statements of Comprehensive Income (Loss) Locations Three Months Ended July 31, Six Months Ended July 31, 2024 2023 2024 2023 Gains (losses) recognized in OCI Net change in unrealized gains (losses) on cash flow hedges $ (20) $ (15) $ 11 $ (13) Gains (losses) reclassified from AOCI into income (effective portion) Revenues 8 17 16 33 Gains (losses) reclassified from AOCI into income (effective portion) Costs and expenses (3) 2 (4) 1 Gains (losses) associated with non-designated hedges were as follows (in millions): Condensed Consolidated Statements of Operations Location Three Months Ended July 31, Six Months Ended July 31, 2024 2023 2024 2023 Gains (losses) related to non-designated hedges Other income (expense), net $ (3) $ (1) $ (1) $ 1
Offsetting Assets	As of July 31, 2024, information related to these offsetting arrangements was as follows (in millions): Gross Amounts of Recognized Assets Gross Amounts Offset on the Condensed Consolidated Balance Sheets Net Amounts of Assets Presented on the Condensed Consolidated Balance Sheets Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets Net Assets Exposed Financial Instruments Cash Collateral Received Derivative assets: Counterparty A $ 14 $ 0 $ 14 $ (4) $ 0 $ 10 Counterparty B 8 0 8 (8) 0 0 Counterparty C 2 0 2 (2) 0 0 Counterparty D 17 0 17 (13) 0 4 Counterparty E 2 0 2 0 0 2 Counterparty F 1 0 1 (1) 0 0 Total $ 44 $ 0 $ 44 $ (28) $ 0 $ 16
Offsetting Liabilities	As of July 31, 2024, information related to these offsetting arrangements was as follows (in millions): Gross Amounts of Recognized Liabilities Gross Amounts Offset on the Condensed Consolidated Balance Sheets Net Amounts of Liabilities Presented on the Condensed Consolidated Balance Sheets Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets Net Liabilities Exposed Financial Instruments Cash Collateral Pledged Derivative liabilities: Counterparty A $ 4 $ 0 $ 4 $ (4) $ 0 $ 0 Counterparty B 8 0 8 (8) 0 0 Counterparty C 2 0 2 (2) 0 0 Counterparty D 13 0 13 (13) 0 0 Counterparty E 0 0 0 0 0 0 Counterparty F 1 0 1 (1) 0 0 Total $ 28 $ 0 $ 28 $ (28) $ 0 $ 0

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jul. 31, 2024
Debt Disclosure [Abstract]
Outstanding Debt	Outstanding debt consisted of the following (in millions): July 31, 2024 January 31, 2024 2027 Notes $ 1,000 $ 1,000 2029 Notes 750 750 2032 Notes 1,250 1,250 Total principal amount 3,000 3,000 Less: unamortized debt discount and issuance costs (18) (20) Debt, noncurrent $ 2,982 $ 2,980
Schedule of Maturities of Long-term Debt	As of July 31, 2024, the future principal payments for the outstanding debt were as follows (in millions): Fiscal Period: Remainder of 2025 $ 0 2026 0 2027 0 2028 1,000 2029 0 Thereafter 2,000 Total principal amount $ 3,000
Schedule of Interest Expense	The following table sets forth total interest expense recognized related to our debt (in millions): Three Months Ended July 31, Six Months Ended July 31, 2024 2023 2024 2023 Contractual interest expense $ 28 $ 28 $ 55 $ 55 Interest cost related to amortization of debt discount and issuance costs 1 1 2 2 Total interest expense $ 29 $ 29 $ 57 $ 57

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jul. 31, 2024
Leases [Abstract]
Components of Lease Expense	The components of operating lease expense were as follows (in millions): Three Months Ended July 31, Six Months Ended July 31, 2024 2023 2024 2023 Operating lease cost $ 29 $ 27 $ 58 $ 55 Short-term lease cost 0 1 1 2 Variable lease cost 15 10 24 22 Total operating lease cost $ 44 $ 38 $ 83 $ 79
Information Related to Right-of-Use Assets and Lease Liabilities	Supplemental cash flow information related to our operating leases was as follows (in millions): Three Months Ended July 31, Six Months Ended July 31, 2024 2023 2024 2023 Cash paid for operating lease liabilities $ 28 $ 25 $ 51 $ 54 Operating lease right-of-use assets obtained in exchange for new operating lease liabilities 41 32 101 64 Other information related to our operating leases was as follows: July 31, 2024 January 31, 2024 Weighted average remaining lease term (in years) 5 5 Weighted average discount rate 4.01 % 3.95 %
Maturities of Operating Lease Liabilities	As of July 31, 2024, maturities of operating lease liabilities were as follows (in millions): Fiscal Period: Remainder of 2025 $ 55 2026 102 2027 83 2028 73 2029 47 Thereafter 74 Total lease payments 434 Less imputed interest (52) Total operating lease liabilities $ 382

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Jul. 31, 2024
Equity [Abstract]
Summary of Information Related to Restricted Stock Units Activity	RSU activity during the six months ended July 31, 2024, was as follows (in thousands, except per share data): Number of Shares Weighted-Average Grant Date Fair Value Outstanding balance as of January 31, 2024 15,020 $ 203.94 RSUs granted 6,148 253.13 RSUs vested (2,668) 200.45 RSUs forfeited and canceled (1) (2,046) 203.77 Outstanding balance as of July 31, 2024 16,454 222.91 (1) Includes shares withheld in connection with the net share settlement of RSUs.

Contract Balances and Perform_2

Contract Balances and Performance Obligations (Tables)	6 Months Ended
	Jul. 31, 2024
Revenue from Contract with Customer [Abstract]
Contract Assets and Unearned Revenue	Contract assets and unearned revenue balances were as follows (in millions): Condensed Consolidated Balance Sheets Location July 31, 2024 January 31, 2024 Contract assets: Contract assets, current Trade and other receivables, net $ 316 $ 240 Contract assets, noncurrent Other assets 24 21 Total contract assets $ 340 $ 261 Unearned revenue (1) : Unearned revenue, current Unearned revenue $ 3,549 $ 4,057 Unearned revenue, noncurrent Unearned revenue, noncurrent 62 70 Total unearned revenue $ 3,611 $ 4,127 (1) Included in the unearned revenue balance are amounts related to professional services that are subject to cancellation and pro-rated refund rights of $84 million and $76 million as of July 31, 2024, and January 31, 2024, respectively.

Other Income (Expense), Net (Ta

Other Income (Expense), Net (Tables)	6 Months Ended
	Jul. 31, 2024
Other Income and Expenses [Abstract]
Other Income (Expense), Net	Other income (expense), net consisted of the following (in millions): Three Months Ended July 31, Six Months Ended July 31, 2024 2023 2024 2023 Interest income $ 88 $ 72 $ 181 $ 134 Interest expense (1) (28) (29) (57) (57) Other (2) (3) 3 (8) (4) Total other income (expense), net $ 57 $ 46 $ 116 $ 73 (1) Interest expense primarily includes the contractual interest expense of our debt obligations, and the related non-cash interest expense attributable to amortization of the debt discount and issuance costs. For further information, see Note 11, Debt . (2) Other primarily includes the net gains (losses) from our equity investments. For further information, see Note 3, Investments .

Net Income (Loss) Per Share (Ta

Net Income (Loss) Per Share (Tables)	6 Months Ended
	Jul. 31, 2024
Earnings Per Share [Abstract]
Summary of Calculation of Basic and Diluted Net Income (Loss) Per Share	The following table presents the calculation of basic and diluted net income (loss) per share (in millions, except number of shares, which are reflected in thousands, and per share data): Three Months Ended July 31, Six Months Ended July 31, 2024 2023 2024 2023 Class A Class B Class A Class B Class A Class B Class A Class B Net income (loss) per share, basic: Numerator: Net income (loss) $ 106 $ 26 $ 62 $ 17 $ 191 $ 48 $ 62 $ 17 Denominator: Weighted-average shares outstanding, basic 212,612 52,705 206,559 54,632 211,998 52,887 205,393 54,633 Net income (loss) per share, basic $ 0.50 $ 0.50 $ 0.30 $ 0.30 $ 0.90 $ 0.90 $ 0.30 $ 0.30 Net income (loss) per share, diluted: Numerator: Net income (loss) $ 106 $ 26 $ 62 $ 17 $ 191 $ 48 $ 62 $ 17 Reallocation of net income as a result of conversion of Class B to Class A common stock 26 0 17 0 48 0 17 0 Reallocation of net income to Class B common stock 0 0 0 (1) 0 (1) 0 (1) Net income (loss) for diluted calculation 132 26 79 16 239 47 79 16 Denominator: Weighted-average shares outstanding, basic 212,612 52,705 206,559 54,632 211,998 52,887 205,393 54,633 Conversion of Class B to Class A common stock 52,705 0 54,632 0 52,887 0 54,633 0 Dilutive effect of share-based awards 2,632 0 3,244 0 4,243 0 2,897 0 Weighted-average shares outstanding, diluted 267,949 52,705 264,435 54,632 269,128 52,887 262,923 54,633 Net income (loss) per share, diluted $ 0.49 $ 0.49 $ 0.30 $ 0.30 $ 0.89 $ 0.89 $ 0.30 $ 0.30
Shares Excluded from Diluted Net Income (Loss) Per Share	The effects of these potentially outstanding shares were not included in the calculation of diluted net income (loss) per share because the effect would have been anti-dilutive (in thousands): Three Months Ended July 31, Six Months Ended July 31, 2024 2023 2024 2023 Total shares related to outstanding share-based awards 6,321 2,531 3,196 3,220

Geographic Information (Tables)

Geographic Information (Tables)	6 Months Ended
	Jul. 31, 2024
Segment Reporting [Abstract]
Summary of Revenues by Geographic Area	The following table sets forth revenues by geographic area (in millions): Three Months Ended July 31, Six Months Ended July 31, 2024 2023 2024 2023 United States $ 1,561 $ 1,345 $ 3,054 $ 2,609 Other countries 524 442 1,021 862 Total revenues $ 2,085 $ 1,787 $ 4,075 $ 3,471
Long-lived Assets by Geographic Areas	Aggregate Property and equipment, net and Operating lease right-of-use assets by geographic area was as follows (in millions): July 31, 2024 January 31, 2024 United States $ 1,212 $ 1,199 Ireland 246 213 Other countries 140 111 Total long-lived assets $ 1,598 $ 1,523

Overview and Basis of Present_3

Overview and Basis of Presentation (Detail)	6 Months Ended
	Jul. 31, 2024 segment
Accounting Policies [Abstract]
Number of operating segments	1

Investments - Summary of Market

Investments - Summary of Marketable Securities (Details) - USD ($) $ in Millions	Jul. 31, 2024	Jan. 31, 2024
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 6,259	$ 6,553
Unrealized Gains	15	15
Unrealized Losses	(5)	(8)
Aggregate Fair Value	6,269	6,560
Included in Cash and cash equivalents
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	531	759
Unrealized Gains	0	0
Unrealized Losses	0	0
Aggregate Fair Value	531	759
Included in Marketable securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	5,728	5,794
Unrealized Gains	15	15
Unrealized Losses	(5)	(8)
Aggregate Fair Value	5,738	5,801
U.S. treasury securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	1,615	2,072
Unrealized Gains	3	4
Unrealized Losses	(1)	(2)
Aggregate Fair Value	1,617	2,074
U.S. agency obligations
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	599	753
Unrealized Gains	1	2
Unrealized Losses	0	(1)
Aggregate Fair Value	600	754
Corporate bonds
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	3,016	2,496
Unrealized Gains	11	9
Unrealized Losses	(4)	(5)
Aggregate Fair Value	3,023	2,500
Commercial paper
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	1,029	1,232
Unrealized Gains	0	0
Unrealized Losses	0	0
Aggregate Fair Value	$ 1,029	$ 1,232

Investments - Contractual Matur

Investments - Contractual Maturity of Debt Securities (Details) - USD ($) $ in Millions	Jul. 31, 2024	Jan. 31, 2024
Investments, Debt and Equity Securities [Abstract]
Due within 1 year	$ 3,206
Due in 1 year through 5 years	3,063
Aggregate Fair Value	$ 6,269	$ 6,560

Investments - Aggregate Fair Va

Investments - Aggregate Fair Value and Gross Unrealized Losses for Debt Securities In Unrealized Loss Position (Details) - USD ($) $ in Millions	Jul. 31, 2024	Jan. 31, 2024
Debt Securities, Available-for-sale [Line Items]
Less than 12 Months, Fair Value	$ 1,376	$ 2,081
Less than 12 Months, Unrealized Loss	(2)	(5)
12 Months or Greater, Fair Value	931	349
12 Months or Greater, Unrealized Loss	(3)	(3)
Fair Value	2,307	2,430
Unrealized Loss	(5)	(8)
U.S. treasury securities
Debt Securities, Available-for-sale [Line Items]
Less than 12 Months, Fair Value	581	921
Less than 12 Months, Unrealized Loss	(1)	(2)
12 Months or Greater, Fair Value	303	78
12 Months or Greater, Unrealized Loss	0	(1)
Fair Value	884	999
Unrealized Loss	(1)	(3)
U.S. agency obligations
Debt Securities, Available-for-sale [Line Items]
Less than 12 Months, Fair Value	214	234
Less than 12 Months, Unrealized Loss	0	0
12 Months or Greater, Fair Value	40	100
12 Months or Greater, Unrealized Loss	0	(1)
Fair Value	254	334
Unrealized Loss	0	(1)
Corporate bonds
Debt Securities, Available-for-sale [Line Items]
Less than 12 Months, Fair Value	561	921
Less than 12 Months, Unrealized Loss	(1)	(3)
12 Months or Greater, Fair Value	588	171
12 Months or Greater, Unrealized Loss	(3)	(1)
Fair Value	1,149	1,092
Unrealized Loss	(4)	(4)
Commercial paper
Debt Securities, Available-for-sale [Line Items]
Less than 12 Months, Fair Value	20	5
Less than 12 Months, Unrealized Loss	0	0
12 Months or Greater, Fair Value	0	0
12 Months or Greater, Unrealized Loss	0	0
Fair Value	20	5
Unrealized Loss	$ 0	$ 0

Investments - Narrative (Detail

Investments - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023	Jan. 31, 2024
Investments, Debt and Equity Securities [Abstract]
Interest receivable	$ 44		$ 44		$ 35
Credit and non-credit losses on debt securities	0	$ 0	0	$ 0
Proceeds of sale of debt securities	53	6	70	18
Loss on non-marketable equity investments	3
Impairment loss on non-marketable equity securities		10		12
Loss upon exit and impairment loss			10
Equity securities, unrealized gain		8		4
Equity securities	$ 756	56	$ 756	56	$ 1,017
Proceeds from sale of available-for-sale securities, equity		$ 20		$ 30

Investments - Equity Investment

Investments - Equity Investments (Details) - USD ($) $ in Millions	Jul. 31, 2024	Jan. 31, 2024	Jul. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Equity securities	$ 756	$ 1,017	$ 56
Non-marketable equity investments measured using the measurement alternative	237	248
Equity investments	$ 993	$ 1,265

Investments - Equity Investme_2

Investments - Equity Investments Realized and Unrealized Gains (Losses) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Net realized gains (losses) recognized on equity investments sold	$ (3)	$ 2	$ (3)	$ 1
Net unrealized gains (losses) recognized on equity investments held as of the end of the period	0	(1)	(7)	(8)
Total net gains (losses) recognized in Other income (expense), net	$ (3)	$ 1	$ (10)	$ (7)

Investments - Schedule of Non-M

Investments - Schedule of Non-Marketable Equity Investments (Details) - USD ($) $ in Millions	Jul. 31, 2024	Jan. 31, 2024
Investments, Debt and Equity Securities [Abstract]
Total initial cost	$ 207	$ 213
Cumulative net unrealized gains (losses)	30	35
Carrying value	$ 237	$ 248

Fair Value Measurements - Infor

Fair Value Measurements - Information about Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Millions	Jul. 31, 2024	Jan. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	$ 6,269	$ 6,560
Foreign currency derivative assets	44
Foreign currency derivative liabilities	28
U.S. treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	1,617	2,074
U.S. agency obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	600	754
Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	3,023	2,500
Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	1,029	1,232
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency derivative assets	44	46
Total assets	7,069	7,623
Foreign currency derivative liabilities	28	27
Total liabilities	28	27
Fair Value, Measurements, Recurring | U.S. treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	1,617	2,074
Fair Value, Measurements, Recurring | U.S. agency obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	600	754
Fair Value, Measurements, Recurring | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	3,023	2,500
Fair Value, Measurements, Recurring | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	1,029	1,232
Fair Value, Measurements, Recurring | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	756	1,017
Fair Value, Measurements, Recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency derivative assets	0	0
Total assets	2,373	3,091
Foreign currency derivative liabilities	0	0
Total liabilities	0	0
Fair Value, Measurements, Recurring | Level 1 | U.S. treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	1,617	2,074
Fair Value, Measurements, Recurring | Level 1 | U.S. agency obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	0	0
Fair Value, Measurements, Recurring | Level 1 | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	0	0
Fair Value, Measurements, Recurring | Level 1 | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	0	0
Fair Value, Measurements, Recurring | Level 1 | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	756	1,017
Fair Value, Measurements, Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency derivative assets	44	46
Total assets	4,696	4,532
Foreign currency derivative liabilities	28	27
Total liabilities	28	27
Fair Value, Measurements, Recurring | Level 2 | U.S. treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	0	0
Fair Value, Measurements, Recurring | Level 2 | U.S. agency obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	600	754
Fair Value, Measurements, Recurring | Level 2 | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	3,023	2,500
Fair Value, Measurements, Recurring | Level 2 | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	1,029	1,232
Fair Value, Measurements, Recurring | Level 2 | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	0	0
Fair Value, Measurements, Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency derivative assets	0	0
Total assets	0	0
Foreign currency derivative liabilities	0	0
Total liabilities	0	0
Fair Value, Measurements, Recurring | Level 3 | U.S. treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	0	0
Fair Value, Measurements, Recurring | Level 3 | U.S. agency obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	0	0
Fair Value, Measurements, Recurring | Level 3 | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	0	0
Fair Value, Measurements, Recurring | Level 3 | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities	0	0
Fair Value, Measurements, Recurring | Level 3 | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	$ 0	$ 0

Deferred Costs (Details)

Deferred Costs (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023	Jan. 31, 2024
Revenue from Contract with Customer [Abstract]
Deferred sales commission	$ 724		$ 724		$ 741
Amortization of deferred costs	62	$ 52	121	$ 101
Capitalized contract cost, impairment loss	$ 0	$ 0	$ 0	$ 0

Property and Equipment, Net - S

Property and Equipment, Net - Summary of Property and Equipment (Details) - USD ($) $ in Millions	Jul. 31, 2024	Jan. 31, 2024
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 2,533	$ 2,506
Less accumulated depreciation and amortization	(1,274)	(1,272)
Property and equipment, net	1,259	1,234
Computers, equipment, and software
Property, Plant and Equipment [Line Items]
Property and equipment, gross	1,390	1,387
Buildings
Property, Plant and Equipment [Line Items]
Property and equipment, gross	727	726
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	231	213
Furniture, fixtures, and transportation equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	104	99
Land and land improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 81	$ 81

Property and Equipment, Net - N

Property and Equipment, Net - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 58	$ 49	$ 115	$ 97

Business Combination - Narrativ

Business Combination - Narrative (Details) $ in Millions	Mar. 29, 2024 USD ($)
HiredScore
Business Acquisition [Line Items]
Consideration paid for acquisition	$ 530

Business Combination - Summary

Business Combination - Summary of Preliminary Purchase Consideration Allocation (Details) - USD ($) $ in Millions	Jul. 31, 2024	Mar. 29, 2024	Jan. 31, 2024
Business Acquisition [Line Items]
Goodwill	$ 3,257		$ 2,846
HiredScore
Business Acquisition [Line Items]
Cash		$ 11
Acquisition-related intangible assets		135
Goodwill		411
Other assets		11
Other liabilities		(38)
Total		$ 530

Business Combination - Schedule

Business Combination - Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination (Details) - HiredScore $ in Millions	Mar. 29, 2024 USD ($)
Business Acquisition [Line Items]
Estimated Fair Values	$ 135
Weighted-Average Useful Lives (in Years)	9 years
Developed technology
Business Acquisition [Line Items]
Estimated Fair Values	$ 111
Weighted-Average Useful Lives (in Years)	8 years
Customer relationships
Business Acquisition [Line Items]
Estimated Fair Values	$ 23
Weighted-Average Useful Lives (in Years)	14 years
Trade name
Business Acquisition [Line Items]
Estimated Fair Values	$ 1
Weighted-Average Useful Lives (in Years)	1 year

Acquisition-Related Intangibl_3

Acquisition-Related Intangible Assets, Net - Schedule of Acquired Assets (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023	Jan. 31, 2024
Acquisition-related intangible assets
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 792		$ 792		$ 657
Accumulated Amortization	(461)		(461)		(424)
Net Book Value	331		331		233
Amortization of intangible assets	20	$ 21	37	$ 42
Developed technology
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	429		429		318
Accumulated Amortization	(278)		(278)		(256)
Net Book Value	151		151		62
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	334		334		311
Accumulated Amortization	(155)		(155)		(140)
Net Book Value	179		179		171
Backlog
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	15		15		15
Accumulated Amortization	(15)		(15)		(15)
Net Book Value	0		0		0
Trade name
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	14		14		13
Accumulated Amortization	(13)		(13)		(13)
Net Book Value	$ 1		$ 1		$ 0

Acquisition-Related Intangibl_4

Acquisition-Related Intangible Assets, Net - Schedule of Future Amortization Expense (Detail) - Acquisition-related intangible assets - USD ($) $ in Millions	Jul. 31, 2024	Jan. 31, 2024
Finite-Lived Intangible Assets [Line Items]
Remainder of 2025	$ 39
2026	72
2027	47
2028	43
2029	33
Thereafter	97
Net Book Value	$ 331	$ 233

Other Assets - Schedule of Othe

Other Assets - Schedule of Other Assets (Details) - USD ($) $ in Millions	Jul. 31, 2024	Jan. 31, 2024
Other Assets [Line Items]
Non-marketable equity and other investments	$ 239	$ 248
Contract assets	24	21
Prepayments for goods and services	16	14
Derivative assets	15	14
Deposits	8	8
Other	11	6
Total other assets	339	337
Patented Technology and Other Intangible Assets, Net
Other Assets [Line Items]
Technology patents and other intangible assets, net	$ 26	$ 26

Other Assets - Summary of Futur

Other Assets - Summary of Future Estimated Amortization Expense Related to Acquired Land Leasehold Interest and Technology Patents (Details) - Patented Technology and Other Intangible Assets, Net - USD ($) $ in Millions	Jul. 31, 2024	Jan. 31, 2024
Finite-Lived Intangible Assets [Line Items]
Remainder of 2025	$ 2
2026	4
2027	3
2028	3
2029	3
Thereafter	11
Net Book Value	$ 26	$ 26

Derivative Instruments - Narrat

Derivative Instruments - Narrative (Details) - USD ($) $ in Millions	Jul. 31, 2024	Jan. 31, 2024
Derivative [Line Items]
Net gains on cash flow hedges estimated to be reclassified into income within the next 12 months	$ 25
Non-designated hedges | Long
Derivative [Line Items]
Derivative, notional amount	131	$ 237
Non-designated hedges | Short
Derivative [Line Items]
Derivative, notional amount	22	11
Cash flow hedges | Cash flow hedges | Long
Derivative [Line Items]
Derivative, notional amount	2,700	2,500
Cash flow hedges | Cash flow hedges | Short
Derivative [Line Items]
Derivative, notional amount	$ 399	$ 399
Cash flow hedges | Cash flow hedges | Maximum
Derivative [Line Items]
Derivative, remaining maturity (in months)	60 months

Derivative Instruments - Fair V

Derivative Instruments - Fair Values of Outstanding Derivative Instruments (Details) - USD ($) $ in Millions	Jul. 31, 2024	Jan. 31, 2024
Derivatives, Fair Value [Line Items]
Derivative assets:	$ 44	$ 46
Derivative liabilities:	28	27
Non-designated hedges | Prepaid expenses and other current assets
Derivatives, Fair Value [Line Items]
Derivative assets:	0	2
Non-designated hedges | Accrued expenses and other current liabilities
Derivatives, Fair Value [Line Items]
Derivative liabilities:	2	1
Cash flow hedges | Cash flow hedges | Prepaid expenses and other current assets
Derivatives, Fair Value [Line Items]
Derivative assets:	29	30
Cash flow hedges | Cash flow hedges | Other assets
Derivatives, Fair Value [Line Items]
Derivative assets:	15	14
Cash flow hedges | Cash flow hedges | Accrued expenses and other current liabilities
Derivatives, Fair Value [Line Items]
Derivative liabilities:	14	14
Cash flow hedges | Cash flow hedges | Other liabilities
Derivatives, Fair Value [Line Items]
Derivative liabilities:	$ 12	$ 12

Derivative Instruments - Effect

Derivative Instruments - Effect of Cash Flow Hedges on Income Statement (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023
Derivative Instruments, Gain (Loss) [Line Items]
Revenues	$ 2,085	$ 1,787	$ 4,075	$ 3,471
Costs and expenses	1,974	1,751	3,900	3,455
Revenues
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) related to cash flow hedges	8	17	16	33
Costs and expenses
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) related to cash flow hedges	$ (3)	$ 2	$ (4)	$ 1

Derivative Instruments - Pre-ta

Derivative Instruments - Pre-tax Gains (Losses) Associated with Cash Flow Hedges (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023	Jan. 31, 2024
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) recognized in OCI	$ (20)	$ (15)	$ 11	$ (13)
Total revenues	2,085	1,787	4,075	3,471
Costs and expenses	1,974	1,751	3,900	3,455
Derivative assets:	44		44		$ 46
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0		0
Foreign currency derivative assets	44		44
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(28)		(28)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Received	0		0
Derivative Asset, Fair Value, Amount Offset Against Collateral	16		16
Counterparty A
Derivative Instruments, Gain (Loss) [Line Items]
Derivative assets:	14		14
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0		0
Foreign currency derivative assets	14		14
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(4)		(4)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Received	0		0
Derivative Asset, Fair Value, Amount Offset Against Collateral	10		10
Counterparty B
Derivative Instruments, Gain (Loss) [Line Items]
Derivative assets:	8		8
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0		0
Foreign currency derivative assets	8		8
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(8)		(8)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Received	0		0
Derivative Asset, Fair Value, Amount Offset Against Collateral	0		0
Counterparty C
Derivative Instruments, Gain (Loss) [Line Items]
Derivative assets:	2		2
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0		0
Foreign currency derivative assets	2		2
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(2)		(2)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Received	0		0
Derivative Asset, Fair Value, Amount Offset Against Collateral	0		0
Counterparty D
Derivative Instruments, Gain (Loss) [Line Items]
Derivative assets:	17		17
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0		0
Foreign currency derivative assets	17		17
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(13)		(13)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Received	0		0
Derivative Asset, Fair Value, Amount Offset Against Collateral	4		4
Counterparty E
Derivative Instruments, Gain (Loss) [Line Items]
Derivative assets:	2		2
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0		0
Foreign currency derivative assets	2		2
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	0		0
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Received	0		0
Derivative Asset, Fair Value, Amount Offset Against Collateral	2		2
Counterparty F
Derivative Instruments, Gain (Loss) [Line Items]
Derivative assets:	1		1
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0		0
Foreign currency derivative assets	1		1
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(1)		(1)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Received	0		0
Derivative Asset, Fair Value, Amount Offset Against Collateral	0		0
Revenues
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) reclassified from AOCI into income (effective portion)	8	17	16	33
Costs and expenses
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) reclassified from AOCI into income (effective portion)	(3)	2	(4)	1
Other income (expense), net
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) related to non-designated hedges	$ (3)	$ (1)	$ (1)	$ 1

Derivative Instruments - Offset

Derivative Instruments - Offsetting Assets (Details) - USD ($) $ in Millions	Jul. 31, 2024	Jan. 31, 2024
Offsetting Assets [Line Items]
Gross Amounts of Recognized Assets	$ 44	$ 46
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Assets Presented on the Condensed Consolidated Balance Sheets	44
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(28)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Received	0
Net Assets Exposed	16
Counterparty A
Offsetting Assets [Line Items]
Gross Amounts of Recognized Assets	14
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Assets Presented on the Condensed Consolidated Balance Sheets	14
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(4)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Received	0
Net Assets Exposed	10
Counterparty B
Offsetting Assets [Line Items]
Gross Amounts of Recognized Assets	8
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Assets Presented on the Condensed Consolidated Balance Sheets	8
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(8)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Received	0
Net Assets Exposed	0
Counterparty C
Offsetting Assets [Line Items]
Gross Amounts of Recognized Assets	2
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Assets Presented on the Condensed Consolidated Balance Sheets	2
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(2)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Received	0
Net Assets Exposed	0
Counterparty D
Offsetting Assets [Line Items]
Gross Amounts of Recognized Assets	17
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Assets Presented on the Condensed Consolidated Balance Sheets	17
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(13)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Received	0
Net Assets Exposed	4
Counterparty E
Offsetting Assets [Line Items]
Gross Amounts of Recognized Assets	2
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Assets Presented on the Condensed Consolidated Balance Sheets	2
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	0
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Received	0
Net Assets Exposed	2
Counterparty F
Offsetting Assets [Line Items]
Gross Amounts of Recognized Assets	1
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Assets Presented on the Condensed Consolidated Balance Sheets	1
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(1)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Received	0
Net Assets Exposed	$ 0

Derivative Instruments - Offs_2

Derivative Instruments - Offsetting Liabilities (Details) - USD ($) $ in Millions	Jul. 31, 2024	Jan. 31, 2024
Offsetting Liabilities [Line Items]
Gross Amounts of Recognized Liabilities	$ 28	$ 27
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Liabilities Presented on the Condensed Consolidated Balance Sheets	28
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(28)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Pledged	0
Net Liabilities Exposed	0
Counterparty A
Offsetting Liabilities [Line Items]
Gross Amounts of Recognized Liabilities	4
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Liabilities Presented on the Condensed Consolidated Balance Sheets	4
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(4)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Pledged	0
Net Liabilities Exposed	0
Counterparty B
Offsetting Liabilities [Line Items]
Gross Amounts of Recognized Liabilities	8
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Liabilities Presented on the Condensed Consolidated Balance Sheets	8
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(8)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Pledged	0
Net Liabilities Exposed	0
Counterparty C
Offsetting Liabilities [Line Items]
Gross Amounts of Recognized Liabilities	2
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Liabilities Presented on the Condensed Consolidated Balance Sheets	2
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(2)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Pledged	0
Net Liabilities Exposed	0
Counterparty D
Offsetting Liabilities [Line Items]
Gross Amounts of Recognized Liabilities	13
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Liabilities Presented on the Condensed Consolidated Balance Sheets	13
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(13)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Pledged	0
Net Liabilities Exposed	0
Counterparty E
Offsetting Liabilities [Line Items]
Gross Amounts of Recognized Liabilities	0
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Liabilities Presented on the Condensed Consolidated Balance Sheets	0
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	0
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Pledged	0
Net Liabilities Exposed	0
Counterparty F
Offsetting Liabilities [Line Items]
Gross Amounts of Recognized Liabilities	1
Gross Amounts Offset on the Condensed Consolidated Balance Sheets	0
Net Amounts of Liabilities Presented on the Condensed Consolidated Balance Sheets	1
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Financial Instruments	(1)
Gross Amounts Not Offset on the Condensed Consolidated Balance Sheets, Cash Collateral Pledged	0
Net Liabilities Exposed	$ 0

Debt - Outstanding Debt (Detail

Debt - Outstanding Debt (Details) - USD ($) $ in Millions	Jul. 31, 2024	Jan. 31, 2024
Debt Instrument [Line Items]
Long-term debt, gross	$ 3,000	$ 3,000
Less: unamortized debt discount and issuance costs	(18)	(20)
Debt, noncurrent	2,982	2,980
2027 Notes
Debt Instrument [Line Items]
Long-term debt, gross	1,000	1,000
2029 Notes
Debt Instrument [Line Items]
Long-term debt, gross	750	750
2032 Notes
Debt Instrument [Line Items]
Long-term debt, gross	$ 1,250	$ 1,250

Debt - Schedule of Maturities o

Debt - Schedule of Maturities of Long-term Debt (Details) - USD ($) $ in Millions	Jul. 31, 2024	Jan. 31, 2024
Debt Disclosure [Abstract]
Remainder of 2025	$ 0
2026	0
2027	0
2028	1,000
2029	0
Thereafter	2,000
Total principal amount	$ 3,000	$ 3,000

Debt - Senior Notes and Credit

Debt - Senior Notes and Credit Agreement (Details) - USD ($) $ in Millions	6 Months Ended
	Jul. 31, 2024	Jan. 31, 2024	Apr. 30, 2022
Debt Instrument [Line Items]
Debt discount and issuance costs	$ 18	$ 20
Senior Notes
Debt Instrument [Line Items]
Principal			$ 3,000
Debt discount and issuance costs			27
Fair value of Senior Notes	$ 2,800	$ 2,800
2027 Notes | Senior Notes
Debt Instrument [Line Items]
Principal			$ 1,000
Contractual interest rate			3.50%
Effective interest rate	3.67%
2029 Notes | Senior Notes
Debt Instrument [Line Items]
Principal			$ 750
Contractual interest rate			3.70%
Effective interest rate	3.82%
2032 Notes | Senior Notes
Debt Instrument [Line Items]
Principal			$ 1,250
Contractual interest rate			3.80%
Effective interest rate	3.90%
2022 Credit Agreement
Debt Instrument [Line Items]
Debt instrument, maximum leverage ratio	3.50
Debt instrument, maximum leverage ratio step up	4.50
2022 Credit Agreement | Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity			$ 1,000
Long-term line of credit	$ 0
Base Rate | Minimum | 2022 Credit Agreement
Debt Instrument [Line Items]
Basis spread on variable rate	0%
Base Rate | Maximum | 2022 Credit Agreement
Debt Instrument [Line Items]
Basis spread on variable rate	0.50%
Secured Overnight Financing Rate (SOFR) | 2022 Credit Agreement
Debt Instrument [Line Items]
Basis spread on variable rate	0.10%
Secured Overnight Financing Rate (SOFR) | Minimum | 2022 Credit Agreement
Debt Instrument [Line Items]
Basis spread on variable rate	0.75%
Secured Overnight Financing Rate (SOFR) | Maximum | 2022 Credit Agreement
Debt Instrument [Line Items]
Basis spread on variable rate	1.50%

Debt - Schedule of Interest Exp

Debt - Schedule of Interest Expense (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023
Debt Disclosure [Abstract]
Contractual interest expense	$ 28	$ 28	$ 55	$ 55
Interest cost related to amortization of debt discount and issuance costs	1	1	2	2
Total interest expense	$ 29	$ 29	$ 57	$ 57

Leases - Narrative (Details)

Leases - Narrative (Details) - USD ($) $ in Millions	Jul. 31, 2024	Jan. 31, 2024
Lessee, Lease, Description [Line Items]
Operating lease right-of-use assets	$ 339	$ 289
Operating lease liabilities	382	$ 316
Operating lease, lease not yet commenced, payment	$ 42
Minimum
Lessee, Lease, Description [Line Items]
Operating lease, lease not yet commenced, term (years)	5 years
Maximum
Lessee, Lease, Description [Line Items]
Operating lease, lease not yet commenced, term (years)	7 years

Leases - Components of Lease Ex

Leases - Components of Lease Expense (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023
Leases [Abstract]
Operating lease cost	$ 29	$ 27	$ 58	$ 55
Short-term lease cost	0	1	1	2
Variable lease cost	15	10	24	22
Total operating lease cost	$ 44	$ 38	$ 83	$ 79

Leases - Information Related to

Leases - Information Related to Our Right-of-Use Assets and Lease Liabilities (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023	Jan. 31, 2024
Leases [Abstract]
Cash paid for operating lease liabilities	$ 28	$ 25	$ 51	$ 54
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities	$ 41	$ 32	$ 101	$ 64
Weighted average remaining lease term (in years)	5 years		5 years		5 years
Weighted average discount rate	4.01%		4.01%		3.95%

Leases - Maturities of Operatin

Leases - Maturities of Operating Lease Liabilities (Details) - USD ($) $ in Millions	Jul. 31, 2024	Jan. 31, 2024
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
Remainder of 2025	$ 55
2026	102
2027	83
2028	73
2029	47
Thereafter	74
Total lease payments	434
Less imputed interest	(52)
Total operating lease liabilities	$ 382	$ 316

Stockholders' Equity - Narrativ

Stockholders' Equity - Narrative (Details) $ / shares in Units, shares in Thousands, $ in Millions	1 Months Ended			3 Months Ended		6 Months Ended
	Feb. 29, 2024 USD ($)	Dec. 31, 2022 $ / shares shares	Jun. 30, 2022 shares	Jul. 31, 2024 USD ($) $ / shares shares	Jul. 31, 2023 USD ($) $ / shares shares	Jul. 31, 2024 USD ($) vote $ / shares shares	Jul. 31, 2023 USD ($) $ / shares shares	Aug. 28, 2024 USD ($)	Nov. 30, 2022 USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding (in shares) | shares				100		100
Exercisable (in shares) | shares				100		100
Options outstanding, weighted-average exercise price (in dollars per share) | $ / shares				$ 29.28		$ 29.28
Exercisable, weighted-average exercise price (in dollars per share) | $ / shares				$ 29.28		$ 29.28
Options outstanding, aggregate intrinsic value | $				$ 16		$ 16
Exercisable, aggregate intrinsic value | $				16		16
Unrecognized compensation cost | $				$ 0		$ 0
Common stock:
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Treasury stock repurchased (in shares) | shares				1,387	635	1,889	635
Common stock repurchases under share repurchase program | $				$ 309	$ 139	$ 443	$ 139
Treasury stock, average price per share (in dollars per share) | $ / shares				$ 223.10	$ 218.33	$ 234.78	$ 218.33
2022 Share Repurchase Program
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Authorized repurchase amount | $									$ 500
February 2024 Share Repurchase Program
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Authorized repurchase amount | $	$ 500
Term of contract (in months)	18 months
Authorized remaining amount to be purchased | $				$ 59		$ 59
2022 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Reserved for future issuance (in shares) | shares			30,000
Common stock available for future grants (in shares) | shares				17,000		17,000
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock available for future grants (in shares) | shares				3,000		3,000
August 2024 Share Repurchase Program | Subsequent Event
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Authorized repurchase amount | $								$ 1,000
Employee Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of fair market value of stock at which employees are granted shares			85%
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period of vesting (in years)						4 years
Unrecognized compensation cost, other than options | $				$ 2,800		$ 2,800
Unrecognized compensation cost recognized over weighted-average period (in years)						3 years
RSUs granted (in shares) | shares						6,148
Weighted average grant date fair value (in dollars per share) | $ / shares						$ 253.13
Market-Based Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost, other than options | $				$ 14		$ 14
Unrecognized compensation cost recognized over weighted-average period (in years)						3 years
Expected volatility		40%
Risk-free interest rate		4%
Expected term (in years)		6 years
Weighted average grant date fair value (in dollars per share) | $ / shares		$ 124.80
Requisite service period (in years)		5 years
Market-Based Restricted Stock Units | Co-CEO
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSUs granted (in shares) | shares		300
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period of vesting (in years)						5 years
Period of which options become exercisable (in years)						10 years
Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, outstanding (in shares) | shares				213,000		213,000
Common stock, votes per share | vote						1
Class B
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, outstanding (in shares) | shares				53,000		53,000
Common stock, votes per share | vote						10

Stockholders' Equity - Restrict

Stockholders' Equity - Restricted Stock Units Activity (Details) - Restricted Stock Units shares in Thousands	6 Months Ended
	Jul. 31, 2024 $ / shares shares
Number of Shares
Outstanding balance, beginning (in shares) | shares	15,020
RSUs granted (in shares) | shares	6,148
RSUs vested (in shares) | shares	(2,668)
RSUs forfeited and canceled (in shares) | shares	(2,046)
Outstanding balance, ending (in shares) | shares	16,454
Weighted-Average Grant Date Fair Value
Outstanding balance, beginning (in dollars per share) | $ / shares	$ 203.94
RSUs granted (in dollars per share) | $ / shares	253.13
RSUs vested (in dollars per share) | $ / shares	200.45
RSUs forfeited and canceled (in dollars per share) | $ / shares	203.77
Outstanding balance, ending (in dollars per share) | $ / shares	$ 222.91

Contract Balances and Perform_3

Contract Balances and Performance Obligations - Contract Assets and Unearned Revenue (Details) - USD ($) $ in Millions	Jul. 31, 2024	Jan. 31, 2024
Contract assets:
Contract assets, current	$ 316	$ 240
Contract assets, noncurrent	24	21
Total contract assets	340	261
Unearned revenue
Unearned revenue, current	3,549	4,057
Unearned revenue, noncurrent	62	70
Total unearned revenue	3,611	4,127
Professional Services, Subject To Cancellation And Pro-Rated Refund Rights
Unearned revenue
Total unearned revenue	$ 84	$ 76

Contract Balances and Perform_4

Contract Balances and Performance Obligations - Narrative (Details) - USD ($) $ in Billions	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Subscription revenue recognized that was included in total unearned revenue balance at beginning of period	$ 1.6	$ 1.4	$ 2.8	$ 2.4
Subscription services
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue is expected to be recognized from remaining performance obligations for subscription contracts	21.6		21.6
Subscription services | Minimum | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-08-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue is expected to be recognized from remaining performance obligations for subscription contracts	$ 6.8		$ 6.8
Recognition period (in months)	12 months		12 months
Subscription services | Maximum | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-08-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue is expected to be recognized from remaining performance obligations for subscription contracts	$ 12		$ 12
Recognition period (in months)	24 months		24 months

Other Income (Expense), Net (De

Other Income (Expense), Net (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023
Other Income and Expenses [Abstract]
Interest income	$ 88	$ 72	$ 181	$ 134
Interest expense	(28)	(29)	(57)	(57)
Other	(3)	3	(8)	(4)
Other income (expense), net	$ 57	$ 46	$ 116	$ 73

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023
Income Tax Disclosure [Abstract]
Income tax provision	$ 36	$ 3	$ 52	$ 10

Net Income (Loss) Per Share - S

Net Income (Loss) Per Share - Summary of Calculation of Basic and Diluted Net Income (Loss) Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023
Numerator:
Net income (loss)	$ 132	$ 79	$ 239	$ 79
Denominator:
Weighted-average shares outstanding, basic (in shares)	265,317	261,191	264,885	260,026
Weighted-average shares outstanding, diluted (in shares)	267,949	264,435	269,128	262,923
Net income (loss) per share, basic (in dollars per share)	$ 0.50	$ 0.30	$ 0.90	$ 0.30
Net income (loss) per share, diluted (in dollars per share)	$ 0.49	$ 0.30	$ 0.89	$ 0.30
Class A
Numerator:
Net income (loss)	$ 106	$ 62	$ 191	$ 62
Reallocation of net income as a result of conversion of Class B to Class A common stock	26	17	48	17
Reallocation of net income to Class B common stock	0	0	0	0
Net income (loss) for diluted calculation	$ 132	$ 79	$ 239	$ 79
Denominator:
Weighted-average shares outstanding, basic (in shares)	212,612	206,559	211,998	205,393
Conversion of Class B to Class A common stock (in shares)	52,705	54,632	52,887	54,633
Dilutive effect of share-based awards (in shares)	2,632	3,244	4,243	2,897
Weighted-average shares outstanding, diluted (in shares)	267,949	264,435	269,128	262,923
Net income (loss) per share, basic (in dollars per share)	$ 0.50	$ 0.30	$ 0.90	$ 0.30
Net income (loss) per share, diluted (in dollars per share)	$ 0.49	$ 0.30	$ 0.89	$ 0.30
Class B
Numerator:
Net income (loss)	$ 26	$ 17	$ 48	$ 17
Reallocation of net income as a result of conversion of Class B to Class A common stock	0	0	0	0
Reallocation of net income to Class B common stock	0	(1)	(1)	(1)
Net income (loss) for diluted calculation	$ 26	$ 16	$ 47	$ 16
Denominator:
Weighted-average shares outstanding, basic (in shares)	52,705	54,632	52,887	54,633
Conversion of Class B to Class A common stock (in shares)	0	0	0	0
Dilutive effect of share-based awards (in shares)	0	0	0	0
Weighted-average shares outstanding, diluted (in shares)	52,705	54,632	52,887	54,633
Net income (loss) per share, basic (in dollars per share)	$ 0.50	$ 0.30	$ 0.90	$ 0.30
Net income (loss) per share, diluted (in dollars per share)	$ 0.49	$ 0.30	$ 0.89	$ 0.30

Net Income (Loss) Per Share -_2

Net Income (Loss) Per Share - Summary of Diluted Net Income (Loss) Per Common Share (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023
Total shares related to outstanding share-based awards
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total anti-dilutive securities (in shares)	6,321	2,531	3,196	3,220

Geographic Information - Summar

Geographic Information - Summary of Revenues by Geographic Area (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2024 USD ($) market	Jul. 31, 2023 USD ($)	Jul. 31, 2024 USD ($) market	Jul. 31, 2023 USD ($)
Disaggregation of Revenue [Line Items]
Number of primary geographical markets | market	2		2
Total revenues	$ 2,085	$ 1,787	$ 4,075	$ 3,471
United States
Disaggregation of Revenue [Line Items]
Total revenues	1,561	1,345	3,054	2,609
Other countries
Disaggregation of Revenue [Line Items]
Total revenues	$ 524	$ 442	$ 1,021	$ 862

Geographic Information - Long-L

Geographic Information - Long-Lived Assets (Details) - USD ($) $ in Millions	Jul. 31, 2024	Jan. 31, 2024
Long-Lived Assets [Line Items]
Total long-lived assets	$ 1,598	$ 1,523
United States
Long-Lived Assets [Line Items]
Total long-lived assets	1,212	1,199
Ireland
Long-Lived Assets [Line Items]
Total long-lived assets	246	213
Other countries
Long-Lived Assets [Line Items]
Total long-lived assets	$ 140	$ 111

Subsequent Events (Details)

Subsequent Events (Details) $ in Billions	Aug. 28, 2024 USD ($)
Subsequent Event | August 2024 Share Repurchase Program
Subsequent Event [Line Items]
Authorized repurchase amount	$ 1