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Earnings Summary: Workday (WDAY) Q3 2026 revenue rises 12.6%

Cloud computing company Workday, Inc. (NASDAQ: WDAY) has announced financial results for the third quarter of fiscal 2026, reporting a 12.6% increase in revenues. Third-quarter revenue was $2.432 billion, an increase of 12.6% from the prior-year quarter; Subscription revenue rose 14.6% to $2.244 billion Earnings, on a per-share basis, increased to $0.94 in Q3 from $0.72 … Read more

Elliott builds a position in Workday after software company unveils a multiyear plan to boost value

A sign is posted in front of Workday headquarters on Feb. 6, 2025 in Pleasanton, California. Justin Sullivan | Getty Images Company: Workday (WDAY) Business: Workday is a provider of an artificial intelligence platform to help organizations manage their people, money and agents. The company provides over 11,000 organizations with cloud solutions powered by AI … Read more

Workday CFO on why $1.1 billion Sana deal aligns with M&A strategy

Good morning. In a year defined by strategic acquisitions, Workday is accelerating its transformation through big moves in the AI space. Workday, which offers an AI platform for finance and HR, announced on Tuesday a definitive agreement to acquire Swedish AI startup Sana for around $1.1 billion. The deal, expected to close in the fourth … Read more

Workday stock climbs on activist investor Elliott’s $2 billion stake

Shares of Workday popped 9% on Wednesday after activist investor Elliott Investment Management announced a $2 billion stake in the company. Workday announced a multi-year plan to enhance its operating model and capital allocation framework on Tuesday, and Elliott said it believes the plan will drive “substantial long-term value creation.” “We believe CEO Carl Eschenbach, CFO Zane Rowe and the … Read more

HR giant Workday says hackers stole personal data in recent breach

Workday, one of the largest providers of human resources technology, has confirmed a data breach that allowed hackers to steal personal information from one of its third-party customer relationship databases. In a blog post published late Friday, the HR technology giant said the hackers stole an unspecified amount of personal information from the database, which … Read more

Workday, Amazon AI employment bias claims add to growing concerns about the tech’s hiring discrimination

Despite AI hiring tools’ best efforts to streamline hiring processes for a growing pool of applicants, the technology meant to open doors for a wider array of prospective employees may actually be perpetuating decades-long patterns of discrimination. AI hiring tools have become ubiquitous, with 492 of the Fortune 500 companies using applicant tracking systems to … Read more

Young AI-savvy workers are solution to Asia’s productivity problem: Workday APAC president

For all of their fast growth, Asia’s economies are grappling with stagnant productivity. Much of Asia’s recent growth is driven by greater investment, and not by improvements in total factor productivity, or in how efficiently inputs are turned into outputs. At best, productivity growth is slowing down; at worst, it’s declining.  And even where productivity … Read more

Microsoft says AI won’t cure the ‘infinite workday’ unless businesses change how they operate

Hello and welcome to Eye on AI. In this edition…OpenAI wins a $200 million Pentagon contract…Salesforce finds AI models can’t use CRM software very well…and a new study shows how AI scrapers are overwhelming cultural institutions. Back in April, Microsoft published some research about the modern workday, drawn from data it gathers anonymously about the … Read more

How software giant Workday got 79% of its employees to embrace AI

Leadership at business software giant Workday wanted employees to embrace artificial intelligence, but after conducting some internal research, they uncovered a few barriers. Their study found that 43% of Workday’s employees—known as “Workmates”—said they lacked sufficient time to explore AI. More than a third of them also expressed uncertainty about how to use these new … Read more

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