Workday Inc Stock Price, News & Analysis

Workday (NASDAQ: WDAY) reported strong fiscal 2026 Q1 results with total revenues reaching $2.240 billion, up 12.6% YoY. Subscription revenues grew 13.4% to $2.059 billion. Operating income was $39 million (1.8% of revenues), impacted by $166 million in restructuring expenses. Non-GAAP operating income reached $677 million (30.2% of revenues). The company's 12-month subscription revenue backlog grew 15.6% to $7.63 billion, while total subscription backlog increased 19.1% to $24.62 billion. Workday maintained its fiscal 2026 subscription revenue guidance of $8.8 billion and raised its non-GAAP operating margin guidance to 28.5%. The company announced a new $1.0 billion share repurchase program and repurchased 1.3 million shares for $293 million during Q1. Notable customer wins included Dover Corporation, Mutual of Omaha, and United Airlines.

Workday (NASDAQ: WDAY) has been recognized as a Leader in the 2025 Gartner Magic Quadrant for Cloud-Based ERP for U.S. Local Government, positioning highest in Execution and furthest in Vision. The company's unified platform combines Human Capital Management and Financial Management solutions, enabling local governments to manage finances and resources efficiently.

The platform has demonstrated significant results for customers: Clark County, WA achieved a 60% faster payroll, 15% reduction in unapproved spend, and $1.6 million in annual savings. The solution helps local governments enhance financial management, optimize workforce management, and drive operational efficiency through automation and streamlined workflows.

Workday (NASDAQ: WDAY) has appointed Edward Charter as the new country leader for Canada. Charter, a former Salesforce executive with over 20 years of technology business development experience, will be based in Toronto and lead Workday's expansion in the Canadian market. He spent 18 years at Salesforce and previously worked at Dell.

As a member of the North America leadership team, Charter will focus on deepening customer and partner relationships and directing regional sales strategy to increase revenue and market share. Workday has maintained a strong presence in Canada for over two decades, with more than 1,000 employees and over 450 customers across various sectors. The company offers bilingual services in Canada, which represents one of Workday's largest markets globally.

Workday (NASDAQ: WDAY) has unveiled a new generation of Illuminate AI Agents designed to transform HR and finance operations. The company announced seven new agents: Contingent Sourcing, Contract Intelligence, Contract Negotiation, Document Driven Accounting, Frontline, Self-Service, and Supplier Contracts Agent. These AI solutions are built on Workday's dataset of over 1 trillion annual transactions and aim to streamline hiring processes, improve frontline worker experiences, and automate complex financial tasks. The Contract Intelligence and Contract Negotiation Agents are now generally available, while the Self-Service Agent will be available by end-2025. The remaining agents will be available to early adopters by end-2025, with general availability in early 2026. NetApp reported significant benefits from Workday's contract AI technology, citing thousands of hours and millions in savings.

Workday (NASDAQ: WDAY), a leading AI platform for managing people, money, and agents, has announced that CFO Zane Rowe will present at the upcoming Jefferies Public Technology Conference. The presentation is scheduled for May 28, 2025, at 11:00 AM PT / 2:00 PM ET.

Investors and interested parties can access a live webcast of the presentation through the Workday Investor Relations website. A replay of the webcast will remain available for at least 90 days following the conference presentation.

A new Workday (WDAY) report reveals that outdated federal HR systems are costing taxpayers nearly $1 billion annually in lost productivity. The study shows that 89% of federal HR leaders believe these legacy systems are significantly hampering agency performance.

Key findings highlight that federal HR leaders spend 48% of their time on system workarounds and manual tasks. Additionally, 47% face data update delays, and 28% encounter system downtime weekly. Despite these challenges, only 48% of leaders prioritize HR modernization, with 83% lacking a modernization roadmap.

The report suggests that 61% of processes could be automated, with 98% of leaders supporting shared service models. Recommended solutions include AI-driven skills matching, centralized recruiting, and standardized personnel systems.

Workday (NASDAQ: WDAY) has scheduled its fiscal 2026 first quarter financial results announcement for Thursday, May 22, 2025, after market close. The company will host a conference call at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time to discuss financial results and business outlook. Investors can access the live webcast through Workday's Investor Relations site, with the replay remaining available for at least 90 days following the call.

Workday (NASDAQ: WDAY) launches a new marketing campaign featuring rock legends Gwen Stefani, Paul Stanley, and Billy Idol to promote its AI agent technology. The campaign, debuting at The Masters from April 7-13, 2025, includes two TV commercials: 'Carmen the Rock Star' and 'Goodnight Rock Stars'.

The ads humorously contrast rock stars attempting corporate life while highlighting Workday's role-based AI agents, which differ from typical task-based agents by containing configurable skills to perform hundreds of tasks. These agents include specialized functions for Contracts, Payroll, Financial Auditing, Policy, Recruiting, Talent Mobility, Succession, and Optimization.

The campaign emphasizes how Workday's AI technology is transforming work environments, enabling collaboration between human employees and digital labor. CMO Emma Chalwin states that 'Agentic AI is not just changing how work gets done, it's reshaping the future of work itself.'

Workday (NASDAQ: WDAY) has announced the integration of Evisort's AI-powered contract intelligence solutions into its platform. The company launched two new products: Workday Contract Intelligence and Workday Contract Lifecycle Management (CLM), now available to Workday HCM and Financial Management customers.

The AI-powered solutions analyze contracts and related documents to extract critical insights, obligations, and risks. Key features include visibility across legal and business documents, identification of revenue opportunities and potential savings, conversational AI interface for contract queries, and streamlined contract lifecycle processes from drafting to storage.

NetApp reported significant cost savings using Workday's contract extraction AI, while Harbor Global praised it as the fastest to deploy and most secure solution in the market. The technology aims to transform contracts into strategic assets by surfacing buried terms and accelerating business decisions while reducing risks.