US EditionWorkday: Fiscal Q1 Earnings Snapshot
- Workday Inc., headquartered in Pleasanton, California, announced a net profit of $68 million for its first fiscal quarter, with revenues reaching $2.24 billion, surpassing analysts' expectations.
- This result followed growth due to strategic expansion and restructuring expenses of $166 million which impacted operating income and earnings per share.
- Key metrics include a non-GAAP operating income of $677 million, 30.2% of revenues, and a 12-month subscription backlog rising 19.1% to $7.63 billion.
- "Workday delivered another solid quarter," CEO Carl Eschenbach said, highlighting AI-driven platform efficiency and continued growth across strategic areas.
- Workday guided fiscal 2026 subscription revenue to $8.8 billion with a non-GAAP operating margin around 28.5%, reflecting ongoing international expansion and planned share repurchases.
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Workday: Fiscal Q1 Earnings Snapshot
PLEASANTON, Calif. (AP) — PLEASANTON, Calif. (AP) — Workday Inc. (WDAY) on Thursday reported fiscal first-quarter net income of $68 million. The Pleasanton, California-based company said it had profit of 25 cents per share. Earnings, adjusted for stock option expense and restructuring costs, came to $2.23 per share. The results exceeded Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for ea…
·Washington, United States
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