Press release
Workday Announces Fiscal 2026 Second Quarter Financial Results
Fiscal Second Quarter Total Revenues of $2.348 Billion, Up 12.6% Year-Over-YearSubscription Revenues of $2.169 Billion, Up 14.0% Year-Over-Year PLEASANTON,
About this update from Workday, Inc.
[{"type":"text","content":"Fiscal Second Quarter Total Revenues of $2.348 Billion, Up 12.6% Year-Over-YearSubscription Revenues of $2.169 Billion, Up 14.0% Year-Over-Year\nPLEASANTON, Calif., Aug. 21, 2025 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), the AI platform for managing people, money, and agents, today announced results for the fiscal 2026 second quarter ended July 31, 2025.\n\n \n \n\n \nFiscal 2026 Second Quarter Results\nTotal revenues were $2.348 billion, an increase of 12.6% from the second quarter of fiscal 2025. Subscription revenues were $2.169 billion, an increase of 14.0% from the same period last year.Operating income was $248 million, or 10.6% of revenues, compared to an operating income of $111 million, or 5.3% of revenues, in the same period last year. Non-GAAP operating income for the second quarter was $680 million, or 29.0% of revenues, compared to a non-GAAP operating income of $518 million, or 24.9% of revenues, in the same period last year.1Diluted net income per share was $0.84, compared to diluted net income per share of $0.49 in the second quarter of fiscal 2025. Non-GAAP diluted net income per share was $2.21, compared to non-GAAP diluted net income per share of $1.75 in the same period last year.112-month subscription revenue backlog was $7.91 billion, up 16.4% from the same period last year. Total subscription revenue backlog was $25.37 billion, increasing 17.6% year-over-year.Operating cash flows were $616 million compared to $571 million in the same period last year. Free cash flows were $588 million compared to $516 million in the same period last year.1Workday repurchased approximately 1.2 million shares of Class A common stock for $299 million as part of its share repurchase programs.Cash, cash equivalents, and marketable securities were $8.19 billion as of July 31, 2025.1 \nSee the section titled \"About Non-GAAP Financial Measures\" in the accompanying financial tables for further details.\nComments on the News\n\"Workday delivered another solid quarter, driven by our AI and platform innovation, international momentum, and an ecosystem that continues to grow alongside us,\" said Carl Eschenbach, CEO, Workday. \"Customers are choosing Workday because we help them unlock value today and prepare for what's next—whether that's navigating AI transformation, streamlining operations, or creating more meaningful work for...