Workday reported total revenues of $2.432 billion for the fiscal 2026 third quarter, a 12.6% increase year-over-year.
Subscription revenues reached $2.244 billion, marking a 14.6% year-over-year growth.
Operating income was $259 million, representing 10.7% of revenues, showing a significant improvement from the previous year.
Revenue Growth
Total revenues increased by 12.6% year-over-year, reaching $2.432 billion.
Subscription Revenues
Subscription revenues rose by 14.6% year-over-year, reaching $2.244 billion.
Operating Income Improvement
Operating income reached $259 million, reflecting 10.7% of revenues, a notable increase from the previous year.
Net Income per Share
Diluted net income per share was $0.94, compared to $0.72 in the same period last year.
Cash Flow and Repurchases
Operating cash flows were higher at $588 million, while Workday repurchased approximately 3.4 million shares of Class A common stock for $803 million.
- The strong revenue and subscription growth demonstrate Workday's resilience and market strength.
- Improved operating income reflects effective cost management strategies and increased operational efficiency.
- Higher cash flows indicate financial stability and strong liquidity position, enabling strategic investments and share repurchases.
Workday's impressive fiscal performance in the third quarter of 2026 showcases robust growth and financial stability. The company's strategic investments in AI and innovative solutions position it for continued success in the evolving market landscape.