Workday, Inc. earnings

Workday closed fiscal 2027 second quarter with total revenues of $2.649 billion, up 12.8% from the prior-year quarter, and year-to-date revenues of $5.191 billion, up 13.1%.

Workday's fiscal 2027 first quarter, ended April 30, 2026, produced total revenues of $2.542 billion, up 13.5% from the prior-year quarter.

Workday closed fiscal 2026 with fourth-quarter revenue of $2.532 billion, up 14.5% from the prior-year quarter. Full-year revenue was $9.552 billion, up 13.1%. The quarter's operating income was $174 million, up 132%. Full-year operating income was $721 million, up 73.7%.

Workday reported fiscal 2026 third quarter total revenues of $2.432 billion, up 12.6% from the prior-year quarter. GAAP operating income was $259 million, up 57.0% from $165 million a year earlier. Net income reached $252 million, up 30.6%, and diluted earnings per share were $0.94, up 30.6% from $0.72.

Workday's fiscal 2026 second quarter revenue rose 12.6% to $2.348 billion from the prior-year quarter. GAAP operating income was $248 million, up 123.4% from the prior-year quarter. GAAP operating margin was 10.6%, up 5.2 percentage points from the prior-year quarter.

Workday posted a familiar split in the fiscal 2026 first quarter ended April 30, 2025: steady demand on top, GAAP profitability dented by a restructuring charge below. Total revenue rose 12.6% to $2.240 billion from $1.990 billion in the prior year quarter.

Workday closed fiscal 2025 with revenue of $8.45 billion, up 16.4% from the prior-year period. Fourth-quarter revenue was $2.21 billion, up 15.0% from the prior-year quarter. Deferred revenue ended the year at $4.55 billion, up 10.2% from the prior-year quarter.

Workday closed fiscal 2025 third quarter with total revenues of $2.16 billion, up 15.8% from the prior-year quarter. GAAP operating income was $165 million, or 7.6% of revenues, up 87.5% from the prior-year quarter. Net income was $193 million, up 69.3%, and diluted EPS was $0.72, up 67.4%.

Workday reported total revenues of $2.085 billion in the fiscal 2025 second quarter, up 16.7% from $1.787 billion in the prior year quarter. Subscription services revenue of $1.903 billion rose 17.2% from the same period last year and supplies most of the top line.

Workday reported total revenues of $1.990 billion for fiscal 2025's first quarter, up 18.2% from $1.684 billion a year earlier. Subscription revenues reached $1.815 billion, an increase of 18.8% year over year, while professional services revenue of $175 million grew 11%.

Workday closed fiscal 2024 with steady top-line momentum. Fourth-quarter revenue was $1.92 billion, up 16.8% from the prior-year quarter, and full-year revenue was $7.26 billion, also up 16.8% from fiscal 2023.

Workday reported fiscal 2024 third quarter total revenue of $1.87 billion, up 16.7% from $1.60 billion in the prior-year quarter. GAAP operating income was $87.86 million, or 4.7% of revenue, a swing to a profit from an operating loss a year earlier.

Workday's fiscal 2024 second quarter, ended July 31, 2023, showed total revenue of $1.79 billion, up 16.3% from the prior-year quarter. Operating income was $36.3 million, or 2.0% of revenue, up 206.4% and a swing to a profit. Operating margin was 2.0%, up 4.2 percentage points.

Workday started fiscal 2024 with total revenue of $1.68 billion in the quarter ended April 30, 2023, up 17.4% from the prior-year quarter. The GAAP operating loss narrowed to $19.8 million. Operating margin was negative 1.2%, up 3.9 percentage points from the prior-year quarter.

Workday ended fiscal 2023 with fourth-quarter revenue of $1.65 billion, up 19.6% from the prior-year quarter. Full-year revenue reached $6.22 billion, up 21.0% from the prior year.

Workday closed fiscal 2023 third quarter with total revenue of $1.60 billion, up 20.5% from the prior-year quarter. For the first nine months of fiscal 2023, revenue reached $4.57 billion, up 21.4%. Headcount grew 23% to 17,522.

Workday's fiscal 2023 second quarter showed steady top-line growth but a much weaker GAAP bottom line. Total revenue rose 21.9% to $1.54 billion, and revenue for the six months ended July 31, 2022 was $2.97 billion, up 22.0% year over year.

Workday opened fiscal 2023 with total revenues of $1.43 billion in the first quarter, up 22.1% from the prior-year quarter. Subscription services revenue reached $1.27 billion, an increase of 23.2%. Subscription services revenue accounted for 89% of total revenues, and gross retention was over 95%.

Workday reported total revenues of $1.38 billion for FY2022 Q4, up 21.6% from the prior-year quarter. Full-year total revenues were $5.14 billion, up 19.0% from fiscal 2021.

Workday's fiscal 2022 third quarter delivered a sharp swing to GAAP profitability. Total revenues were $1.33 billion, up 20.0% from the prior-year quarter. Operating income was $23.94 million, or 1.8% of revenues, compared with an operating loss in the prior-year quarter.

Workday reported fiscal 2022 second quarter total revenues of $1.26 billion, up 18.7% from the prior-year quarter. The company's GAAP operating loss narrowed to $1.12 million, and operating margin improved to negative 0.1%, up 1.5 percentage points from the prior-year quarter.

Workday began fiscal 2022 with total revenue of $1.18 billion, up 15.4% from the prior-year quarter. The company still posted a GAAP operating loss, but that loss narrowed to $38.3 million from the prior-year quarter. GAAP operating margin improved to negative 3.3% from the prior-year quarter.

Workday closed fiscal 2021 with fourth-quarter total revenue of $1.13 billion, up 15.9% from $976.3 million in the prior-year quarter. Full-year revenue reached $4.32 billion, an increase of 19.0% from $3.63 billion. The company still posted GAAP losses, but they were smaller.

Workday's fiscal 2021 third quarter, which ended Oct. 31, 2020, produced total revenues of $1.11 billion, up 17.9% from the prior-year quarter. Subscription revenue was $968.5 million, up 21.3%, and subscription revenue backlog reached $8.87 billion, up 23.4%.

Workday closed fiscal 2021's second quarter with total revenue of $1.06 billion, up 19.6% from $887.75 million in the same quarter a year earlier. First-half revenue reached $2.08 billion, up 21.5%.

Workday's fiscal 2021 first quarter, ended April 30, 2020, paired solid top-line growth with a wider GAAP loss. Total revenue rose 23.4% to $1.02 billion. Operating loss was $144.5 million, or negative 14.2% of revenue, and it widened from the prior-year quarter.