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Dayforce (CDAY) Revenue & Revenue Breakdown

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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

DateRevenueChange
2023-12-31$1.51B21.47%
2022-12-31$1.25B21.68%
2021-12-31$1.02B21.57%
2020-12-31$842.50M2.23%
2019-12-31$824.10M11.26%
2018-12-31$740.70M-1.33%
2017-12-31$750.70M20.42%
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

DateRevenueChange
2023-12-31$399.70M5.88%
2023-09-30$377.50M3.17%
2023-06-30$365.90M-1.27%
2023-03-31$370.60M10.26%
2022-12-31$336.10M6.50%
2022-09-30$315.60M4.78%
2022-06-30$301.20M2.69%
2022-03-31$293.30M3.97%
2021-12-31$282.10M9.68%
2021-09-30$257.20M2.72%
2021-06-30$250.40M6.78%
2021-03-31$234.50M5.25%
2020-12-31$222.80M9.00%
2020-09-30$204.40M6.13%
2020-06-30$192.60M-13.52%
2020-03-31$222.70M0.41%
2019-12-31$221.80M9.64%
2019-09-30$202.30M3.06%
2019-06-30$196.30M-3.63%
2019-03-31$203.70M1.70%
2018-12-31$200.30M11.53%
2018-09-30$179.60M0.17%
2018-06-30$179.30M-14.17%
2018-03-31$208.90M-20.36%
2017-12-31$262.30M60.43%
2017-09-30$163.50M3.81%
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/ServiceDec 22Dec 21Dec 20Dec 19Dec 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/ServiceSep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 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

CountryDec 22Dec 21Dec 20Dec 19Dec 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

TickerCompanyLast Year RevenueLast Quarter Revenue
ROPRoper$6.18B$1.76B
ANSSANSYS$2.27B$601.89M
PAYCPaycom Software$1.69B$451.93M
PCTYPaylocity$1.40B$362.96M
AZPNAspen$1.13B$215.88M
GWREGuidewire Software$980.50M$262.90M
MANHManhattan Associates$928.73M$266.68M
CVLTCommvault Systems$839.25M$233.28M
PYCRPaycor HCM$654.95M$167.48M
ETWOE2open Parent$634.55M$151.16M
CWANClearwater Analytics$368.17M$115.83M
ALKTAlkami$264.83M$85.91M
AGYSAgilysys$237.46M$68.28M
ENFNEnfusion$174.53M$51.17M

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.