Key facts
- Workday exceeded second-quarter revenue expectations.
- Total revenue for the quarter was $2.65 billion.
- Analysts' average revenue estimate was $2.64 billion.
- Growth was driven by enterprise adoption of AI-powered finance and HR software.
Workday surpassed Wall Street's revenue expectations for the second quarter, reporting total revenue of $2.65 billion. This figure exceeded the analysts' average estimate of $2.64 billion. The company attributed its performance to a rise in enterprises adopting its artificial intelligence-powered software for finance and human resources functions. Workday reported a nearly 13% rise in revenue and noted strong adoption of its AI solutions, which are driving customer wins. The company is embedding AI across its platform to automate tasks and boost efficiency for its clients.