Quarterly ResultMay 22, 2026, 04:08 PM

Workday Q1 Net Income $222M, up 226%; EPS $0.87

AI Summary

Workday reported strong financial results for the first quarter of fiscal year 2026, with net income soaring 226% to $222 million and diluted earnings per share increasing 248% to $0.87. Total revenues grew 13.5% to $2.54 billion, driven by a 14.3% rise in subscription services revenue. The company also significantly increased common stock repurchases to $1.59 billion and reported no restructuring costs for the quarter, indicating improved operational efficiency.

Key Highlights

Net income increased 226% to $222 million for Q1 2026, up from $68 million in Q1 2025.
Diluted EPS rose 248% to $0.87 in Q1 2026, compared to $0.25 in Q1 2025.
Total revenues grew 13.5% to $2.54 billion in Q1 2026 from $2.24 billion in Q1 2025.
Subscription services revenue increased 14.3% to $2.35 billion.
Operating income surged to $338 million in Q1 2026, a 767% increase from $39 million.
Net cash provided by operating activities was $696 million, up 52.3% YoY.
Repurchased $1.59 billion of common stock in Q1 2026, significantly up from $290 million YoY.
Restructuring costs were $0 in Q1 2026, down from $166 million in Q1 2025.

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Workday, Inc.

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