Workday (WDAY) Q1 earnings report 2027

Source Domain: www.cnbc.com

Workday shares surged by up to 11% in extended trading following stronger-than-expected financial results for the fiscal first quarter.
Adjusted earnings per share came in at $2.66 compared to the $2.51 expected by analysts, and revenue totaled $2.54 billion against the $2.52 billion forecast.
Workday increased its full-year margin forecast to 30.5% adjusted operating margin, up from the previously projected 30%.
The company expects $2.46 billion in subscription revenue and a 30% adjusted operating margin for the fiscal second quarter, nearly matching analyst estimates.
Workday’s revenue for the quarter grew by 13%, with a net income of $222 million, or 87 cents per share.
New CEO Aneel Bhusri, who replaced Carl Eschenbach, highlighted strong business performance and the success of the company’s AI strategy.
Workday announced that over 4,000 clients are using its AI agents, more than doubling the client count from the previous quarter.
Despite positive results, Workday shares have been down 43% for the year, underperforming the generally rising S&P 500, which has gained about 9% in the same period.

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