Workday raises margin forecast, shares jump 10% on strong earnings
Workday has raised its margin forecast following strong earnings, leading to a significant increase in its share price. The company reported a 13% year-over-year increase in subscription revenue for the first quarter of fiscal 2027. This positive performance is attributed to the adoption of AI technologies by over 4,000 clients.
- ▪Workday's shares surged as much as 14% in after-hours trading following the earnings release.
- ▪The company reported Q1 subscription revenue of $2.455 billion.
- ▪Workday raised its full-year profitability forecast to a non-GAAP operating margin guidance of 30.5%.
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Workday raises margin forecast, shares jump 10% on strong earnings Enterprise software giant credits AI adoption as over 4,000 clients deploy AI agents, pushing non-GAAP operating margin guidance to 30.5%. Share Add us on Google by Editorial Team May. 21, 2026 (function () { var s = document.currentScript; var wrapper = s && s.closest ? s.closest('.cb-sevioads-inarticle') : null; var inMobile = wrapper && wrapper.closest('#mobile-articles'); var inDesktop = wrapper && wrapper.closest('#desktop-articles'); if (inMobile || inDesktop) { var isDesktopVp = window.matchMedia('(min-width: 768px)').matches; var matches = (inMobile && !isDesktopVp) || (inDesktop && isDesktopVp); if (!matches) { var sevioDiv = wrapper.querySelector('.sevioads'); if (sevioDiv)…
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