Workday, a US enterprise software company for human resources, finance, and IT, said on August 28 that revenue for the second quarter of fiscal 2027 ended July 31 rose 12.8% year on year to US$2.65 billion, as subscription revenue increased 13.9% to US$2.47 billion.

Operating income rose to US$313 million from US$248 million.

Diluted earnings per share increased to US$2.57 from US$0.84, including a US$1.52 tax benefit tied to an intra-entity transfer of certain intellectual property rights as part of an internal legal entity restructuring.

Operating cash flow fell to US$520 million from US$616 million.

Workday also repurchased about 9.8 million Class A common shares for US$1.3 billion during the quarter.

For the third quarter, Workday forecast subscription revenue of US$2.5 billion and a non-GAAP operating margin of 30.0%.

It also raised its full-year subscription revenue guidance to US$9.94 billion to US$9.95 billion and increased its fiscal 2027 non-GAAP operating margin guidance to 31.0%.

🔗 Source: Workday, Inc

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