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Workday Beats Q1 Forecasts, Shares Rise 7%

5/22/2026

Summary

Story summary

Workday Inc. reported fiscal Q1 results on May 21, sending shares up 7% after hours, with adjusted EPS of $2.66 and revenue of $2.542 billion beating forecasts.
Subscription revenue rose 14.3% to $2.354 billion while the company raised its full-year margin outlook to 30.5%.
CEO Aneel Bhusri said over 4,000 customers now use at least one Workday AI agent, double the prior quarter, and noted company repurchased 12 million Class A shares for $1.6 billion.

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Story summary

Workday Inc. reported fiscal Q1 results on May 21, sending shares up 7% after hours, with adjusted EPS of $2.66 and revenue of $2.542 billion beating forecasts.
Subscription revenue rose 14.3% to $2.354 billion while the company raised its full-year margin outlook to 30.5%.
CEO Aneel Bhusri said over 4,000 customers now use at least one Workday AI agent, double the prior quarter, and noted company repurchased 12 million Class A shares for $1.6 billion.