WDAY Q1 2026

Q4 2026 Q3 2026 Q2 2026 Q1 2026

Earnings

Workday delivered a strong fiscal first quarter for 2026, beating Wall Street expectations on both the top and bottom lines as subscription growth and widening margins powered results ahead of estimates. The enterprise software company posted non-GAA… Read more Workday delivered a strong fiscal first quarter for 2026, beating Wall Street expectations on both the top and bottom lines as subscription growth and widening margins powered results ahead of estimates. The enterprise software company posted non-GAAP diluted EPS of $2.23, clearing the $2.01 consensus by 10.99%, while total revenue climbed 12.6% year over year to $2.24 billion, edging past the $2.22 billion estimate. The primary engine behind the outperformance was subscription revenue, which grew 13.4% to $2.06 billion, supported by an expanding backlog that reached $24.62 billion in total, up 19.1% year over year, signaling durable future demand. Non-GAAP operating margin expanded to 30.2% from 25.9% a year ago, reflecting efficiency gains tied in part to the February 2025 restructuring that reduced headcount by roughly 7.5%. Looking ahead, Workday reiterated its FY2026 subscription revenue target of $8.80 billion while raising its full-year non-GAAP operating margin guidance to approximately 28.5%, a contrast to peers that have recently withheld forward guidance amid macroeconomic uncertainty.