Cloud computing company Workday, Inc. (NASDAQ: WDAY) has announced financial results for the second quarter of fiscal 2026. Revenue and adjusted earnings grew in double digits.
- The company’s Q2 FY26 revenues grew 12.6% annually to $2.348 billion; Subscription revenues rose by 14.0%
- Second-quarter earnings, on a per-share basis, increased to $0.84 from $0.49 in the prior-year quarter
- Adjusted net income per share was $2.21 in Q2, compared to $1.75 in the same period last year
- Operating income was $248 million, or 10.6% of revenues, in the July quarter, compared to $111 million, or 5.3% of revenues, in Q2 2025
- Workday had a 12-month subscription revenue backlog of $7.91 billion, up 16.4% from the same period last year; total subscription revenue backlog rose 17.6% to $25.37 billion
- Operating cash flows moved up to $616 million in Q2 from $571 million in the comparable quarter of 2025; free cash flows were $588 million
- During the quarter, the company repurchased around 1.2 million shares for $299 million as part of its share repurchase programs
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
AVGO Earnings: Broadcom reports higher Q4 FY25 revenue, profit; results beat
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. The numbers also surpassed analysts' expectations. Adjusted
Lamb Weston (LW) is set to report Q2 2026 earnings next week, here’s what to look for
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) rose over 1% on Thursday. The stock has gained 4% over the past three months. The French fry giant is slated to
