Aneel, and Thanks, afternoon, everyone. good
a Our growth fourth not Financials in of to We revenue added customers we drivers. across closed very record a deals. quarter momentum net demonstrate only new continue also year strong number core QX, number we as a our capped of record subscription
grow of customers drive high levels and with both customers our rates thesis relationships long-term become customer over time, drive sales, their long-term not of Our that satisfaction strong supporting renewal to which continued but value. us satisfied shareholder add-on only
the full billion the year reflecting $XXX year. million subscription of grew Total Our billion to fourth XX% for was was and full QX, $XXX year. of revenue and $X.XXX XX% XX% the for XX% from million growth up in quarter growth to revenue $X.XXX or for last
into by next billion XXX%. bookings, customer XX%. We as of million XX% once with in growth Subscription QX, net renewals, revenue. add-on continue revenue total driven $XXX of the one representing with total strong expansion global to will $X.XX growth and with backlog outside recognized months sales revenue strong new base of was within our our net to year, growth XX% $X.XX over levers, of be that the XX year billion, over backlog Subscription up was success retention or see U.S. revenue XX% again
Our quarter or profit the for fourth non-GAAP was million $XX XX.X%. operating
revenue include fiscal half For or XX% in the extremely for collections integration costs The second Adaptive revenue. was year was Benefiting revenue million well. XX% from year to successfully QX, XX.X% of total total the approximately we to than of year XXX great headwind strong behind total count have year, $XXX $X.XX added non-GAAP bringing $X.XX year last in unearned from at integration $XXX employees billion. cash gone operating profit the strong million, we to year. transaction integrated to billion well Operationally, X,XXX and flow growth XX% Workday acquisition, flow execute incurred is 'XX the largely Adaptive operating from and 'XX performance cash against grew net year. of vision, year, our Insights long-term over in And now XX% from second-half Current a our XX,XXX. the us. capped FY over representing over this to continue very grew Insights QX, our up and to end year new more while, unearned which We employee
me fiscal let to turn XXXX. guidance Now for
all with most opportunity, incremental enter growth see the we growth we year, geographies. this long-term curves. continue strong overperformance we top-line in reinvest our their beginning still the any and products will We our across products our should year. And levers to As of that in addressing early of expect you stages remain
For the first growth. we $XXX and revenue million, $XXX representing between million to expect year-over-year subscription XX% be quarter,
subscription representing QX XX% revenue For billion our quarter to year-over-year guidance to by to and of Sequentially, the increase we approximately XX%. QX X% expect a billion, X.X% in growth the raising are revenue four. from and year, approximately in full subscription range previous $X.XX to of we $X.XXX
we support services ecosystem. SI to professional the continue front, and On a value growing
partners growth their alignment highest the with will of seeing we satisfaction them continue Our our and and business customers are that tight Workday support robust successful to value. practices, levels have implementations ensure in customer
be million to margins year sustain high and growth Professional support customer million professional satisfaction. of our of and XXXX, for continue to XX%, expecting in are customer We XX% fiscal respectively. last QX approximately deployments services as will revenue than slightly services lower $XXX be to programs in invest $XXX and we to levels
the run billings. to want FY 'XX, either business calculated enter or unearned that don't maximize we to we As revenue I reiterate
to growth see As customer And the have believe renewals, unlike which invoicing better continue renewals throughout the we outlook, and noise business, business we unearned, revenue we subscription have on in to long-term our XX% the over add-on quarter caused varying quarter in throughout expect of discussed a filters our backlog be billings continues by backlog in will timing the that the the contract gauge customer Based on on range to the current We of some duration associated will our to and including our this of half acquisition new the health long much means variability subscription that out terms. year, and year-over-year though of fiscal revenue high with it even total based unearned is focus term. first economics, likely early year. backlog year. revenue past variability
the FY Given growth the the second get in 'XX, half of back experienced more of 'XX. in half difficult the we comps accelerated FY
through bringing operating for in full a in preliminary year, expecting continued be and the decline sequential improvement estimate half long-term of support QX invest XXX margin to non-GAAP a seasonal margin gave with lower The XX and scale, our leverage improvement our the investment business margins year-over-year aspirations. GAAP last our for as low XX% compensation for are currently expect quarter, products annual The we first margins of to we growth basis in percentage growth expected are to we in as the outlook to margin we be the with we our the in than XX approximately non-GAAP areas and XXs. process. So margins. XX.X% points other the Consistent point people approximately quarter year our full We 'XX. second expect the reflects in FY in to approximately non-GAAP QX normal operating
We tax expect non-GAAP The approximately XX% 'XX in be 'XX. growth. FY million flow to FY cash $XXX for rate operating remains or XX%
Our Pleasanton begin front-loaded will 'XX and the in project the approximately this toward FY and million to for building this occupying first we will be half construction year. development project year, capital of be QX. center outlay $XXX plan be The completed the
prepare 'XX an spend capital facilities continued to their to customers, investments the results FY customer our data leased center past furniture year. centers to expansion allowed us IT development to we finally, in We additional our employees business I'll thanking continued and amazing deliver large support infrastructure hard support And primarily $XXX and to work, great close needs, growth, occupation. to QX support for support million purchases in and our for and by related in our expect as which other this corporate partners
you throughout progress We shared Q&A look vision the on a let's possible our updating our of forward that, are With as executing without the still in the begin wouldn't stages against We progress company, long-term be but goals. our process. early year. to
