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CEO NA Magazine > News > Workday wins on Q1 earnings from steady AI demand

Workday wins on Q1 earnings from steady AI demand

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Workday wins on Q1 earnings from steady AI demand
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Workday, Inc., the enterprise AI platform for HR, finance, and IT, announced its fiscal first quarter results for 2027 ended April 30, 2026.

The company reported stronger-than-expected results and raised its full-year margin outlook. Workday’s revenue grew 13% in the fiscal first quarter, while the company reported net income of $222 million, or 87 cents per share, up from $68 million, or 25 cents per share, one year earlier.

Aneel Bhusri, co-founder and CEO, Workday, told investors, “We had a great Q1, and it makes one thing clear: Workday is ready for this AI moment. Our core business is strong, our AI strategy is working, and we’re moving with the speed and focus required to lead. I am very excited about Workday’s position and our path ahead. We have the platform, the trust, and the innovation to lead this next chapter, just as we did when we founded the company.”

“Our first quarter results demonstrate ongoing customer adoption across our platform, as enterprises around the globe turn to Workday to manage and empower their most important assets,” said Zane Rowe, CFO, Workday. “We are reiterating our fiscal 2027 subscription revenue outlook of $9.925 billion to $9.950 billion, while increasing our fiscal 2027 non-GAAP operating margin guidance to 30.5%. Our focus remains on executing on our agentic AI roadmap while driving operational efficiencies as we scale.”

Workday has projected an adjusted operating margin of 30% and $2.46 billion in subscription revenue for Q2.

Workday shares surged up to 14% after the announcement.

By CEO NA Editorial Staff

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