Workday Beats Q2, Raises FY27 Margin Guidance, Adds $4B Buyback
WDAY sits 75% above its 52-week low of $110.36.
Summary
Workday reported strong Q2 results with 12.8% revenue growth, raised full-year margin guidance, and authorized a new $4B buyback.
Key Events · Earnings and Guidance · WDAY
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Q2 Revenue Beats, Up 12.8%
Total revenue of $2.649B, up 12.8% YoY; subscription revenue of $2.471B, up 13.9%. Non-GAAP diluted EPS of $2.75 vs $2.21 last year.
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FY27 Margin Guidance Raised to 31.0%
Full-year non-GAAP operating margin guidance increased to 31.0%, up from prior guidance. Q3 guidance set at 30.0% margin on $2.515B subscription revenue.
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New $4.0B Share Repurchase Authorized
Board authorized an open-ended repurchase of up to $4.0B of Class A common stock, adding to the $1.3B repurchased in Q2 (9.8M shares).
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AI Adoption Accelerating
AI drove more than 25% of new ACV; over 5,500 customers now use at least one organic agent, up more than 35% quarter-over-quarter.
Analysis · WDAY · Technology
Workday delivered a strong fiscal Q2 with revenue up 12.8% to $2.649B and non-GAAP EPS of $2.75, beating expectations. The company raised its full-year non-GAAP operating margin guidance to 31.0% and announced a new $4.0 billion share repurchase authorization. This comes amid reports that Silver Lake is in talks to acquire the company, making the buyback and margin expansion particularly notable for shareholders evaluating the potential deal.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 35.8% of the 1045 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.43%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, WDAY was trading at $193.57 on NASDAQ in the Technology sector, with a market capitalization of approximately $47.8B. The 52-week trading range was $110.36 to $249.85. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.