Workday, Inc. is expected to release its Q3 2026 10-Q filing on August 27, 2026, after market close. Last quarter: Workday delivered stronger Q1 FY2027 profitability and cash generation, with revenue up 13.5% to $2.542B, GAAP operating margin expanding to 13.3% from 1.8%, and free cash flow rising 46% to $616M, although macro-driven sales-cycle pressure and substantial share repurchases reduced liquidity. Source: 10-Q Item 2 MD&A, pp.25, 30-32.
EPS Estimate
$2.66
Revenue Estimate
$2.69B
Analyst consensus from Finnhub and Financial Modeling Prep. Actual results posted within minutes of the SEC filing on the WDAY page.
Drawn from management commentary in the Q2 2026 10-Q:
Total revenue increased by $302M, or 13%, to $2.542B. Subscription-services revenue increased 14% to $2.354B and represented approximately 93% of total revenue; about 60% of subscription growth came from expansion among customers that existed at the beginning of the prior-year period, with the other 40% from newer customers.
Total subscription revenue backlog increased 11% year over year to $27.294B, including $8.806B expected to be recognized over the next 12 months, up 15%. Gross revenue retention was approximately 97% as of April 30, 2026, reflecting retained recurring revenue from the existing customer base before add-ons and expansions.
GAAP operating income rose to $338M from $39M and GAAP operating margin expanded to 13.3% from 1.8%. Management attributed the improvement to revenue growing faster than headcount, moderated operating expenses including share-based compensation, and no restructuring expense in the current period versus $166M in the prior-year period.
Revenue
$2.54B
+13.48% YoY
EPS (Diluted)
$0.87
+248.00% YoY
Operating Income
$338M
+766.67% YoY
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