Workday, Inc. 8K

Workday announced strong fiscal 2027 Q2 financial results with double-digit subscription growth, higher profitability, expanded AI offerings and cloud partnerships, and a larger share repurchase authorization, while raising full-year revenue and margin guidance.

Workday, Inc. reported its fiscal 2027 second quarter results for the period ended July 31, 2026, highlighting 12.8% year-over-year total revenue growth to $2.649 billion, 13.9% subscription revenue growth to $2.471 billion, and improved GAAP and non-GAAP profitability, with diluted EPS rising to $2.57 (benefiting from a significant tax benefit tied to an intra-entity IP transfer) and non-GAAP diluted EPS increasing to $2.75. The company generated $520 million in operating cash flow and $460 million in free cash flow, repurchased approximately 9.8 million shares for $1.3 billion, and ended the quarter with $3.403 billion in cash, cash equivalents, and marketable securities, while authorizing an additional $4.0 billion open-ended share repurchase program. Management emphasized AI as a key driver of new ACV and customer expansion, introduced several new AI-powered products and capabilities, expanded partnerships with AWS and Google Cloud, and updated its outlook to fiscal 2027 subscription revenues of $9.94–$9.95 billion (13% growth) with a 31.0% non-GAAP operating margin and Q3 subscription revenue guidance of $2.515 billion with a 30.0% non-GAAP operating margin.

Filing Facts

CIK

1327811

Ticker

WDAY

Form

8K

Source Type

sec

Accession

0001327811-26-000042

Alert Tier

9