Workday Soars 7% on Strong Q4 Results and Upbeat O…
From Financial Modeling Prep: 2025-02-26 12:22:00
Workday (NASDAQ:WDAY) stock surged 7% on strong Q4 earnings and revenue beat. Adjusted EPS of $1.92 exceeded expectations of $1.78. Quarterly revenue hit $2.21 billion, up 15% YoY, beating estimates. Subscription revenue rose 15.9% to $2.04 billion, with backlog growing to $7.63 billion and $25.06 billion total.
Workday attributes success to strong execution, product adoption, and AI-driven solutions. FY 2026 subscription revenue forecast at $8.8 billion, a 14% increase. Adjusted operating margin guidance raised by 50 basis points to 28%. Investors optimistic about continued demand for cloud-based HR and financial solutions.
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