Workday Posts Strong Earnings as AI Agents Drive Customer Uptake
Workday reported second-quarter earnings of $2.75 per share and revenue of $2.65 billion, both ahead of Wall Street estimates. Subscription revenue backlog ended at $9.03 billion and total subscription backlog rose to $27.4 billion. The company expects $2.515 billion in subscription revenue for the current quarter and raised full-year guidance, citing AI agents as driving new deal activity.
Coverage (4)
- HR software firm Workday reports revenue rise, flags strong AI uptake (reuters.com)
- HR software firm Workday reports revenue rise, flags strong AI uptake (srnnews.com)
- Workday posts strong earnings and revenue amid rapid uptake of its AI agents (siliconangle.com)
- HR software firm Workday reports revenue rise, flags strong AI uptake (wmbdradio.com)