Dayforce (CDAY) Revenue & Revenue Breakdown
Dayforce Revenue Highlights
Latest Revenue (Y)
$1.51B
Latest Revenue (Q)
$399.70M
Main Segment (Y)
Cloud Revenue
Main Geography (Y)
UNITED STATES
Dayforce Revenue by Period
Dayforce Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.51B | 21.47% |
| 2022-12-31 | $1.25B | 21.68% |
| 2021-12-31 | $1.02B | 21.57% |
| 2020-12-31 | $842.50M | 2.23% |
| 2019-12-31 | $824.10M | 11.26% |
| 2018-12-31 | $740.70M | -1.33% |
| 2017-12-31 | $750.70M | 20.42% |
| 2016-12-31 | $623.40M | -10.16% |
| 2015-12-31 | $693.90M | - |
Dayforce generated $1.51B in revenue during NA 2023, up 21.47% compared to the previous quarter, and up 204.36% compared to the same period a year ago.
Dayforce Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $399.70M | 5.88% |
| 2023-09-30 | $377.50M | 3.17% |
| 2023-06-30 | $365.90M | -1.27% |
| 2023-03-31 | $370.60M | 10.26% |
| 2022-12-31 | $336.10M | 6.50% |
| 2022-09-30 | $315.60M | 4.78% |
| 2022-06-30 | $301.20M | 2.69% |
| 2022-03-31 | $293.30M | 3.97% |
| 2021-12-31 | $282.10M | 9.68% |
| 2021-09-30 | $257.20M | 2.72% |
| 2021-06-30 | $250.40M | 6.78% |
| 2021-03-31 | $234.50M | 5.25% |
| 2020-12-31 | $222.80M | 9.00% |
| 2020-09-30 | $204.40M | 6.13% |
| 2020-06-30 | $192.60M | -13.52% |
| 2020-03-31 | $222.70M | 0.41% |
| 2019-12-31 | $221.80M | 9.64% |
| 2019-09-30 | $202.30M | 3.06% |
| 2019-06-30 | $196.30M | -3.63% |
| 2019-03-31 | $203.70M | 1.70% |
| 2018-12-31 | $200.30M | 11.53% |
| 2018-09-30 | $179.60M | 0.17% |
| 2018-06-30 | $179.30M | -14.17% |
| 2018-03-31 | $208.90M | -20.36% |
| 2017-12-31 | $262.30M | 60.43% |
| 2017-09-30 | $163.50M | 3.81% |
| 2017-06-30 | $157.50M | -15.78% |
| 2017-03-31 | $187.00M | - |
Dayforce generated $399.70M in revenue during Q4 2023, up 5.88% compared to the previous quarter, and up 126.65% compared to the same period a year ago.
Dayforce Revenue Breakdown
Dayforce Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Cloud Dayforce Revenue | $996.90M | $785.90M | $648.80M | $569.70M | - |
| Cloud Dayforce Recurring Services | $996.90M | $626.60M | $500.20M | $429.00M | - |
| Cloud Powerpay Professional Services And Other | $700.00K | $900.00K | $1.10M | $1.30M | - |
| Cloud Powerpay Recurring Services | $93.90M | $86.30M | $79.50M | $89.00M | - |
| Cloud Powerpay Revenue | $93.90M | $87.20M | $80.60M | $90.30M | - |
| Cloud Revenue | $1.09B | $873.10M | $729.40M | $660.00M | - |
| Cloud And Bureau Professional Services And Other | $155.40M | - | - | - | - |
| Cloud Dayforce Professional Services And Other | $181.70M | $159.30M | $148.60M | $140.70M | - |
| Bureau Revenue | $155.40M | $151.10M | $113.10M | $164.10M | - |
| Bureau Recurring Services | $139.20M | $137.80M | $110.50M | $162.10M | - |
| Bureau Professional Services And Other | $16.20M | $13.30M | $2.60M | $2.00M | - |
| Hcm | - | - | - | - | $746.40M |
Dayforce's latest annual revenue breakdown by segment (product or service), as of Dec 22: Cloud Revenue (27.82%), Cloud Dayforce Revenue (25.42%), Cloud Dayforce Recurring Services (25.42%), Cloud Dayforce Professional Services And Other (4.63%), Cloud And Bureau Professional Services And Other (3.96%), Bureau Revenue (3.96%), Bureau Recurring Services (3.55%), Cloud Powerpay Recurring Services (2.39%), Cloud Powerpay Revenue (2.39%), Bureau Professional Services And Other (0.41%), and Cloud Powerpay Professional Services And Other (0.02%).
Quarterly Revenue by Product
| Product/Service | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cloud Dayforce Recurring Services | $279.60M | $268.20M | $271.20M | $224.50M | $207.80M | $194.30M | $188.60M | $170.40M | $160.30M | $150.60M | $145.30M | $130.90M | $122.70M | $118.50M | $128.10M | $114.30M | $109.40M | $102.40M | - | - |
| Cloud Recurring | $303.60M | $292.30M | $295.30M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Professional Services And Other | $52.10M | $51.00M | $52.70M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Recurring Revenue | $325.40M | $314.90M | $317.90M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cloud Powerpay Recurring Services | $24.00M | $24.10M | $24.10M | $26.70M | $22.60M | $22.30M | $21.60M | $24.80M | $20.70M | $20.50M | $20.30M | $22.90M | $18.60M | $16.20M | $21.80M | $25.00M | $21.60M | $20.90M | - | - |
| Cloud Powerpay Revenue | - | - | - | $27.00M | $22.70M | $22.40M | $21.80M | $24.90M | $20.90M | $20.80M | $20.60M | $23.20M | $18.90M | $16.40M | $22.10M | $25.50M | $21.80M | $21.20M | - | - |
| Bureau Professional Services And Other | - | - | - | $3.50M | $5.30M | $3.80M | $3.60M | $4.30M | $3.60M | $4.00M | $1.40M | $1.20M | $900.00K | $300.00K | $200.00K | $500.00K | $400.00K | $400.00K | - | - |
| Bureau Recurring Services | - | - | - | $33.60M | $33.40M | $34.50M | $37.70M | $36.40M | $34.00M | $37.00M | $30.40M | $27.70M | $26.80M | $24.40M | $31.60M | $37.10M | $36.40M | $40.20M | - | - |
| Bureau Revenue | - | - | - | $37.10M | $38.70M | $38.30M | $41.30M | $40.70M | $37.60M | $41.00M | $31.80M | $28.90M | $27.70M | $24.70M | $31.80M | $37.60M | $36.80M | $40.60M | - | - |
| Cloud Dayforce Professional Services And Other | - | - | - | $47.50M | $46.40M | $46.20M | $41.60M | $46.10M | $38.40M | $38.00M | $36.80M | $39.80M | $35.10M | $33.00M | $40.70M | $44.40M | $34.30M | $32.10M | - | - |
| Cloud Dayforce Revenue | - | - | - | $272.00M | $254.20M | $240.50M | $230.20M | $216.50M | $198.70M | $188.60M | $182.10M | $170.70M | $157.80M | $151.50M | $168.80M | $158.70M | $143.70M | $134.50M | - | - |
| Cloud Powerpay Professional Services And Other | - | - | - | $300.00K | $100.00K | $100.00K | $200.00K | $100.00K | $200.00K | $300.00K | $300.00K | $300.00K | $300.00K | $200.00K | $300.00K | $500.00K | $200.00K | $300.00K | - | - |
| Cloud Revenue | - | - | - | $299.00M | $276.90M | $262.90M | $252.00M | $241.40M | $219.60M | $209.40M | $202.70M | $193.90M | $176.70M | $167.90M | $190.90M | $184.20M | $165.50M | $155.70M | - | - |
| Cloud And Bureau Professional Services And Other | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $34.90M | $32.80M | - | - |
| Cloud And Bureau Recurring Services | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $167.40M | $163.50M | - | - |
| Powerpay | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $21.80M | - |
| Dayforce | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $132.80M | - |
| Hcm | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $200.30M |
Dayforce's latest quarterly revenue breakdown by segment (product or service), as of Sep 23: Recurring Revenue (33.05%), Cloud Recurring (30.83%), Cloud Dayforce Recurring Services (28.39%), Professional Services And Other (5.29%), and Cloud Powerpay Recurring Services (2.44%).
Dayforce Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| UNITED STATES | $784.10M | $624.40M | $579.30M | $578.10M | - |
| CANADA | $288.60M | $254.20M | $223.50M | $224.70M | - |
| Other Country | $173.50M | $145.60M | $39.70M | $9.00M | - |
| CALIFORNIA | - | - | - | $237.00M | - |
Dayforce's latest annual revenue breakdown by geography, as of Dec 22: UNITED STATES (62.92%), CANADA (23.16%), and Other Country (13.92%).
Dayforce Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| ROP | Roper | $6.18B | $1.76B |
| ANSS | ANSYS | $2.27B | $594.14M |
| PAYC | Paycom Software | $1.69B | $451.93M |
| CDAY | Dayforce | $1.51B | $399.70M |
| PCTY | Paylocity | $1.40B | $362.96M |
| ENV | Envestnet | $1.25B | $348.27M |
| AZPN | Aspen | $1.13B | $278.11M |
| GWRE | Guidewire Software | $980.50M | $240.68M |
| MANH | Manhattan Associates | $928.73M | $266.68M |
| CVLT | Commvault Systems | $839.25M | $233.28M |
| PYCR | Paycor HCM | $654.95M | $187.02M |
| ETWO | E2open Parent | $634.55M | $151.16M |
| CWAN | Clearwater Analytics | $368.17M | $106.79M |
| ALKT | Alkami | $264.83M | $85.91M |
| AGYS | Agilysys | $237.46M | $68.28M |
| ENFN | Enfusion | $174.53M | $49.45M |
CDAY Revenue FAQ
What is Dayforce’s yearly revenue?
Dayforce's yearly revenue for 2023 was $1.51B, representing an increase of 21.47% compared to 2022. The company's yearly revenue for 2022 was $1.25B, representing an increase of 21.68% compared to 2021. CDAY's yearly revenue for 2021 was $1.02B, representing an increase of 21.57% compared to 2020.
What is Dayforce’s quarterly revenue?
Dayforce's quarterly revenue for Q4 2023 was $399.7M, a 5.88% increase from the previous quarter (Q3 2023), and a 18.92% increase year-over-year (Q4 2022). The company's quarterly revenue for Q3 2023 was $377.5M, a 3.17% increase from the previous quarter (Q2 2023), and a 19.61% increase year-over-year (Q3 2022). CDAY's quarterly revenue for Q2 2023 was $365.9M, a -1.27% decrease from the previous quarter (Q1 2023), and a 21.48% increase year-over-year (Q2 2022).
What is Dayforce’s revenue growth rate?
Dayforce's revenue growth rate for the last 3 years (2021-2023) was 47.79%, and for the last 5 years (2019-2023) was 83.68%.
What are Dayforce’s revenue streams?
Dayforce's revenue streams in c 22 are Cloud Dayforce Revenue, Cloud Dayforce Recurring Services, Cloud Powerpay Professional Services And Other, Cloud Powerpay Recurring Services, Cloud Powerpay Revenue, Cloud Revenue, Cloud And Bureau Professional Services And Other, Cloud Dayforce Professional Services And Other, Bureau Revenue, Bureau Recurring Services, and Bureau Professional Services And Other. Cloud Dayforce Revenue generated $996.9M in revenue, accounting 25.42% of the company's total revenue, up 26.85% year-over-year. Cloud Dayforce Recurring Services generated $996.9M in revenue, accounting 25.42% of the company's total revenue, up 59.10% year-over-year. Cloud Powerpay Professional Services And Other generated $700K in revenue, accounting 0.02% of the company's total revenue, down -22.22% year-over-year. Cloud Powerpay Recurring Services generated $93.9M in revenue, accounting 2.39% of the company's total revenue, up 8.81% year-over-year. Cloud Powerpay Revenue generated $93.9M in revenue, accounting 2.39% of the company's total revenue, up 7.68% year-over-year. Cloud Revenue generated $1.09B in revenue, accounting 27.82% of the company's total revenue, up 24.93% year-over-year. Cloud And Bureau Professional Services And Other generated $155.4M in revenue, accounting 3.96% of the company's total revenue Cloud Dayforce Professional Services And Other generated $181.7M in revenue, accounting 4.63% of the company's total revenue, up 14.06% year-over-year. Bureau Revenue generated $155.4M in revenue, accounting 3.96% of the company's total revenue, up 2.85% year-over-year. Bureau Recurring Services generated $139.2M in revenue, accounting 3.55% of the company's total revenue, up 1.02% year-over-year. Bureau Professional Services And Other generated $16.2M in revenue, accounting 0.41% of the company's total revenue, up 21.80% year-over-year.
What is Dayforce’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of Dayforce was Cloud Revenue. This segment made a revenue of $1.09B, representing 27.82% of the company's total revenue.