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Workday stock jumps 13% after beating Q1 earnings and revenue estimates

Company Fundamentals
21 May 2026
Erica Kollmann
View Source
Bullish
pluang ai news

Workday reported strong Q1 earnings with $2.66 per share, beating estimates by nearly 6%, and revenue of $2.54 billion, slightly above expectations. Subscription revenue rose 14.3% year-over-year, and the subscription backlog increased over 10%, signaling robust demand. CEO Aneel Bhusri highlighted the company's readiness to lead in AI innovation. Workday projects fiscal 2027 subscription revenue near $9.94 billion, reflecting confidence in future growth. The stock surged 13.05% in after-hours trading following the report.

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