WDAY Q2 2026

Q4 2026 Q3 2026 Q2 2026 Q1 2026

Earnings

Workday delivered a clean beat across both top and bottom lines in fiscal Q2 2026, reporting non-GAAP diluted EPS of $2.21 against a consensus estimate of $2.12, a 4.48% beat, while total revenues of $2.35 billion edged past the $2.34 billion estimat… Read more Workday delivered a clean beat across both top and bottom lines in fiscal Q2 2026, reporting non-GAAP diluted EPS of $2.21 against a consensus estimate of $2.12, a 4.48% beat, while total revenues of $2.35 billion edged past the $2.34 billion estimate and grew 12.6% year-over-year. The standout driver behind the profitability story was a sharp expansion in non-GAAP operating margin to 29.0%, up from 24.9% a year ago, reflecting the benefits of Workday's February 2025 restructuring plan that trimmed its workforce by roughly 7.5%. Subscription revenue backlog of $7.91 billion, growing 16.4% year-over-year, reinforced the durability of demand even as investors remain cautious about a difficult selling environment across the broader software sector. Strategic momentum from the pending Paradox acquisition and the completed Flowise deal underscored Workday's push into agentic AI. Management responded to the quarter's strength by raising full-year fiscal 2026 subscription revenue guidance to $8.81 billion, representing 14.2% growth, alongside a non-GAAP operating margin target of approximately 29%.