Overview

• Workday reported adjusted earnings of $1.92 per share and total revenue of $2.21 billion for Q4, surpassing Wall Street estimates of $1.78 per share and $2.18 billion in revenue.
• Subscription revenue grew 16% year-over-year to $2.04 billion, slightly beating analyst expectations of $2.03 billion.
• The company forecasts fiscal 2026 subscription revenue of $8.8 billion, reflecting 14% growth, and projects a 28% adjusted operating margin.
• Workday highlighted strong demand for its AI-integrated products, particularly in human capital management and financial software, as a key growth driver.
• The company recently announced an 8.5% workforce reduction, cutting 1,750 jobs, as part of a restructuring plan focused on AI investment and international expansion.