Workday posts $2.649B quarter as AI drives over 25% of new contract value
Workday's fiscal Q2 2027 revenue rose 12.8% to $2.649B and subscription revenue grew 13.9% to $2.471B. It kept full-year subscription guidance at $9.940B-$9.950B and raised its margin target to 31.0%.
Workday's fiscal Q2 2027 revenue rose 12.8% to $2.649B and subscription revenue grew 13.9% to $2.471B. It kept full-year subscription guidance at $9.940B-$9.950B and raised its margin target to 31.0%. (Workday Newsroom)
12-month subscription backlog rose 14.2% to $9.034B. Workday bought back $1.3B of stock and authorized another $4.0B. GAAP EPS of $2.57 includes a $1.52 per-share tax benefit from an intra-entity IP transfer. (Workday Newsroom)