Workday Reports Strong Q1 Results, Boosts Operating Margin Guidance
WDAY is trading near its 52-week low of $110.36 (11% above the low).
Summary
Workday announced robust fiscal Q1 2027 results, with total revenues up 13.5% to $2.542 billion and subscription revenues rising 14.3% to $2.354 billion. Non-GAAP diluted EPS reached $2.66, significantly higher than the prior year. The company reiterated its fiscal 2027 subscription revenue outlook while increasing its non-GAAP operating margin guidance to 30.5%. Workday also repurchased $1.6 billion in shares during the quarter. These strong results and improved guidance indicate solid execution and positive momentum, following previous strong fiscal year 2026 results.
At the time of this announcement, WDAY was trading at $123.00 on NASDAQ in the Technology sector, with a market capitalization of approximately $30.5B. The 52-week trading range was $110.36 to $274.11. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: PR Newswire.