Workday, Inc.'s Stock Analysis

Workday Announces $4 Billion Share Repurchase Program

On September 16, 2025, Workday's Board of Directors approved a new share repurchase program, allowing for the repurchase of up to $4.0 billion of its Class A common stock. This program does not have an expiration date and can be suspended or discontinued at any time. As of July 31, 2025, there was approximately $1.2 billion remaining from previous authorizations for share repurchases, with a total intention to repurchase about $5.0 billion through fiscal 2027.

Workday plans to conduct these repurchases through various methods, including open market purchases and privately negotiated transactions, in compliance with applicable laws. The actual timing and amount of repurchases will be influenced by various factors such as market conditions and stock prices. The company has no obligation to acquire a specific amount of stock under this program.

Sep 16, 2025 19:47:25

Workday to Acquire Sana for $1.1 Billion in Cash

Workday, Inc. has entered into a definitive agreement to acquire Sana Labs AB for approximately $1.1 billion. The acquisition aims to enhance Workday's offerings by integrating Sana's AI-powered tools, which focus on improving employee experiences and productivity. The deal is expected to close in the fourth quarter of Workday's fiscal year 2026, pending customary closing conditions.

Sana has developed tools such as Sana Learn and Sana Agents, which have been utilized by over one million users across various enterprises. The integration of these tools into Workday's platform is anticipated to create a more personalized and proactive work environment, potentially improving operational efficiencies and employee engagement. Workday's acquisition of Sana reflects its strategy to leverage AI in streamlining workflows and enhancing learning capabilities within organizations.

Sep 16, 2025 09:08:45

Workday Announces Acquisition of Paradox for Talent Acquisition Suite

Workday, Inc. has entered into a definitive agreement to acquire Paradox, Inc., which specializes in conversational AI for recruitment processes. This acquisition aims to enhance Workday's offerings by integrating Paradox's AI-powered talent acquisition suite, facilitating more efficient hiring and onboarding processes across various job types. The acquisition is expected to close in the third quarter of Workday’s fiscal year 2026, pending regulatory approvals and other conditions.

Paradox's technology has demonstrated significant improvements in candidate engagement, reducing time-to-hire and increasing applicant flow for its clients. The merger is positioned to strengthen Workday's capabilities in high-volume hiring, particularly in frontline industries. Workday's acquisition of Paradox is seen as a strategic move to enhance its competitive edge in the talent management sector, potentially impacting its operational results and share price.

Aug 21, 2025 16:06:10

Workday Reports Fiscal Q2 2026 Financial Results and Guidance

Workday, Inc. announced its financial results for the second quarter of fiscal 2026, reporting total revenues of $2.348 billion, a 12.6% increase year-over-year. Subscription revenues rose to $2.169 billion, up 14.0% from the previous year. The company achieved an operating income of $248 million, representing 10.6% of revenues, and a diluted net income per share of $0.84, compared to $0.49 in the same quarter last year. The 12-month subscription revenue backlog also increased to $7.91 billion, reflecting a 16.4% growth from the prior year. Workday's cash, cash equivalents, and marketable securities totaled $8.19 billion as of July 31, 2025.

Looking ahead, Workday provided guidance for the fiscal 2026 third quarter, projecting subscription revenues of $2.235 billion, an increase of 14.1%. For the full fiscal year, the company updated its subscription revenue forecast to $8.815 billion, indicating a growth of 14.2%, while maintaining a non-GAAP operating margin guidance of approximately 29%. Recent business highlights included new customer acquisitions and expansions, as well as strategic partnerships aimed at enhancing their AI capabilities and services.

Aug 21, 2025 16:05:21

Workday Reports Q1 2026 Revenue Growth Amid Restructuring Costs

Workday, Inc. announced its fiscal 2026 first quarter results, reporting total revenues of $2.240 billion, a 12.6% increase year over year. Subscription revenues reached $2.059 billion, up 13.4% from the previous year. However, the company faced a decrease in operating income to $39 million, impacted by $166 million in restructuring expenses. Non-GAAP operating income improved to $677 million, or 30.2% of revenues, compared to $515 million, or 25.9%, in the same period last year. The 12-month subscription revenue backlog also increased by 15.6% to $7.63 billion, while total subscription revenue backlog rose 19.1% to $24.62 billion.

The company reported diluted net income per share at $0.25, down from $0.40 in the same quarter last year, also affected by restructuring expenses. Non-GAAP diluted net income per share increased to $2.23 from $1.74 year-over-year. Workday's operating cash flows were $457 million, up from $372 million in the prior year, with free cash flows at $421 million compared to $291 million last year. The company announced a new share repurchase program to buy back up to $1 billion of its Class A common stock, indicating a commitment to returning value to shareholders.

May 22, 2025 16:04:39

Workday Appoints New President for Product and Technology Division

Workday, Inc. has announced the appointment of Gerrit Kazmaier as president of product and technology, effective March 10, 2025. Kazmaier, who has experience from Google Cloud and SAP, will succeed Sayan Chakraborty, who is retiring after a decade of leadership. The company expressed gratitude for Chakraborty's contributions and looks forward to enhancing its innovation strategy under Kazmaier's guidance.

The press release highlights Kazmaier's background in enterprise software and his role in leading AI-driven initiatives. Workday emphasizes its commitment to leveraging AI to transform HR and finance management. The company serves over 11,000 organizations globally, including a significant portion of the Fortune 500, indicating its extensive reach in the industry.

Feb 25, 2025 16:05:04

Workday Reports Revenue Growth Amid Restructuring Expenses

Workday, Inc. announced its fiscal 2025 fourth quarter and full year results, reporting total revenues of $2.211 billion for the fourth quarter, marking a 15.0% increase year over year. Subscription revenues also rose to $2.040 billion, up 15.9% from the previous year. For the fiscal year, total revenues reached $8.446 billion, a 16.4% increase, with subscription revenues growing by 16.9% to $7.718 billion. Operating cash flows improved by 14.5% to $2.461 billion, and the 12-month subscription revenue backlog increased by 15.2% to $7.63 billion. Workday repurchased approximately 2.9 million shares for $700 million during the year, and cash and cash equivalents stood at $8.02 billion as of January 31, 2025.

However, the company faced challenges, with operating income for the fourth quarter declining to $75 million, or 3.4% of revenues, down from $79 million, or 4.1% of revenues, in the same quarter last year. This decrease was attributed to restructuring expenses of $75 million. Additionally, diluted net income per share fell to $0.35, significantly lower than $4.42 in the fourth quarter of fiscal 2024, impacted by the same restructuring costs and a prior year's benefit from a tax asset release. For the fiscal year, diluted net income per share was $1.95, down from $5.21 in fiscal 2024.

Feb 25, 2025 16:02:26

Workday Announces 1,750 Job Cuts Amid Strategic Changes

Workday is undergoing significant changes as it adapts to a shifting work environment and increasing demand for AI. The company plans to eliminate approximately 1,750 positions, which accounts for 8.5% of its workforce, to better align its resources with customer needs. Despite these cuts, Workday will continue hiring in key strategic areas and invest in innovation, particularly in AI and platform development, while also re-engineering processes for faster decision-making.

For employees affected by the layoffs, Workday is offering a comprehensive support package that includes a minimum of 12 weeks of pay, additional vesting of stock options, career services, and benefits support. The company is also committed to clarifying roles and responsibilities for remaining employees and expanding its global footprint to enhance customer service. The leadership will address these changes in upcoming meetings and emphasize the importance of employee contributions during this transition.

Feb 05, 2025 06:08:30

Workday Elects Liz Centoni to Board, Enhances Customer Focus

Workday has appointed Liz Centoni, the Chief Customer Experience Officer at Cisco, to its board of directors. Centoni brings extensive experience in enhancing customer satisfaction and loyalty, having played a significant role in Cisco’s $28 billion acquisition of Splunk and the development of its responsible AI framework. Her commitment to empowering organizations through technology aligns with Workday’s mission to deliver exceptional customer experiences, which is expected to benefit the company as it continues to innovate and grow.

While the appointment of Centoni is a positive development for Workday, the press release does not mention any specific challenges or issues the company is currently facing. The emphasis remains on her qualifications and the potential impact of her expertise on customer relations, without addressing any negative aspects or risks associated with the company’s operations or market conditions.

Dec 03, 2024 16:03:38

Workday Appoints Rob Enslin as President, Chief Commercial Officer

Workday announced the appointment of Rob Enslin as president and chief commercial officer, a newly created role aimed at driving the company's revenue growth and enhancing global sales and customer experience. Enslin brings over 30 years of experience in the tech industry, including leadership roles at UiPath and Google Cloud, where he achieved significant revenue growth and profitability. His diverse background and expertise in enterprise solutions are expected to contribute positively to Workday's future strategies.

While the appointment of Enslin is seen as a strategic move for Workday, the press release does not address any specific challenges the company may face in the current market or how it plans to navigate potential competition in the ERP sector. The focus remains on Enslin's capabilities and the positive outlook for his leadership, without discussing any existing operational hurdles or areas of concern for the company.

Nov 26, 2024 16:06:43