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Exhibit 99.1 Workday Announces Fiscal 2026 Third Quarter Financial Results Fiscal Third Quarter Total Revenues of $2.432 Billion, Up 12.6% Year-Over-Year Subscription Revenues of $2.244 Billion, Up 14.6% Year-Over-Year PLEASANTON, Calif., November 25, 2025 – Workday, Inc. (NASDAQ: WDAY), the enterprise AI platform for managing people, money, and agents, today announced results for the fiscal 2026 third quarter ended October 31, 2025. Fiscal 2026 Third Quarter Results Comments on the News "Workday delivered ...

Core Insights - Workday reported total revenues of $2.432 billion for the fiscal 2026 third quarter, representing a year-over-year increase of 12.6% [7] - Subscription revenues reached $2.244 billion, up 14.6% year-over-year [7] - The company anticipates fiscal 2026 subscription revenue of $8.828 billion, reflecting a growth of 14% [3] Financial Performance - Operating income for the third quarter was $259 million, or 10.7% of revenues, compared to $165 million, or 7.6% of revenues, in the same period last year [7] - Non-GAAP operating income was $692 million, or 28.5% of revenues, compared to $569 million, or 26.3% of revenues, in the same period last year [7] - Diluted net income per share was $0.94, up from $0.72 in the third quarter of fiscal 2025 [7] - Non-GAAP diluted net income per share was $2.32, compared to $1.89 in the same period last year [7] Subscription Backlog - The 12-month subscription revenue backlog was $8.21 billion, an increase of 17.6% year-over-year [7] - Total subscription revenue backlog reached $25.96 billion, increasing 17.0% year-over-year [7] Cash Flow and Share Repurchase - Operating cash flows were $588 million, compared to $406 million in the same period last year [7] - Free cash flows amounted to $550 million, up from $359 million in the same period last year [7] - Workday repurchased approximately 3.4 million shares of Class A common stock for $803 million as part of its share repurchase programs [7] Business Developments - Workday announced a new AI Centre of Excellence in Dublin, Ireland, with a three-year investment of €175 million and the creation of 200 specialized AI roles [5] - The company welcomed new customers and expanded existing relationships, including notable wins in the healthcare sector [8] - Workday unveiled several new innovations at its annual customer conference, including new AI agents and a new data layer [8] Market Position - Workday was named a Leader in the 2025 Gartner Magic Quadrant for Cloud HCM Suites for 1,000+ Employee Enterprises, Cloud ERP for Service-Centric Enterprises, and Cloud ERP Finance [8]

Earnings Results - Workday, Inc. is set to release its third-quarter earnings results on November 25, with expected earnings of $2.17 per share, an increase from $1.89 per share in the same period last year [1] - The consensus estimate for quarterly revenue is $2.42 billion, compared to $2.16 billion a year earlier [1] Acquisition Announcement - On November 19, Workday announced a definitive agreement to acquire Pipedream, an integration platform that connects over 3,000 business applications [2] - Following the announcement, Workday shares rose by 0.7% to close at $226.64 [2] Analyst Ratings - Citigroup analyst Steven Enders maintained a Neutral rating and increased the price target from $260 to $261 [4] - DA Davidson analyst Gil Luria also maintained a Neutral rating, raising the price target from $225 to $260 [4] - Barclays analyst Raimo Lenschow maintained an Overweight rating and increased the price target from $285 to $288 [4] - TD Cowen analyst J. Derrick Wood maintained a Buy rating but cut the price target from $310 to $290 [4] - Piper Sandler analyst Brent Bracelin upgraded the stock from Underweight to Neutral and raised the price target from $220 to $235 [4]

Core Insights - Workday, Inc. is valued at $60.1 billion and provides enterprise-level software solutions for financial management and human resources across various sectors [1] Performance Overview - Workday has significantly underperformed the broader market, with stock prices declining 15.4% over the past 52 weeks and approximately 12.2% year-to-date, while the S&P 500 Index has returned 12% and surged 14% in 2025 [2] - The company also lagged behind the Technology Select Sector SPDR Fund, which saw a 19.7% increase over the past 52 weeks and 20.3% year-to-date [3] Financial Results - Despite better-than-expected financial results, Workday's stock prices fell 2.8% following the Q2 results release on August 21 [4] - Subscription revenues increased 14% year-over-year to $2.2 billion, contributing to a 12.6% year-over-year growth in overall topline to $2.35 billion, exceeding expectations by 35 basis points [4] - Cash flow from operations rose 7.9% year-over-year to $616 million, and adjusted EPS surged 26.3% year-over-year to $2.21, surpassing consensus estimates by 5.7% [4] Future Projections - Analysts expect Workday to deliver an adjusted EPS of $8.89 for the full fiscal 2026, representing a 21.8% year-over-year increase [5] - The company has a strong earnings surprise history, having exceeded bottom-line projections in each of the past four quarters [5] Analyst Ratings - Among 39 analysts covering Workday, the consensus rating is a "Moderate Buy," consisting of 25 "Strong Buys," three "Moderate Buys," and 11 "Holds" [6] - This rating configuration is slightly less optimistic than a month ago, when there were 26 "Strong Buy" ratings [7] - Analyst Gil Luria from DA Davidson reiterated a "Neutral" rating and raised the price target from $225 to $260 on September 19 [8]

Group 1 - The Q3 earnings season for S&P 500 companies has started positively, with 95% of companies reporting results as of November 21, and analysts expecting a 13.4% increase in earnings per share for the quarter [2] - This anticipated growth would represent the fourth consecutive quarter of double-digit earnings growth, accelerating from the 12% growth rate reported in Q2 [2] - Initial expectations for Q3 were lower, with analysts predicting only a 7.9% increase in earnings per share as of September 30 [3] Group 2 - Upcoming earnings reports from companies such as Abercrombie & Fitch, Dick's Sporting Goods, and Burlington Stores will provide insights into the impact of consumer sentiment on purchasing decisions [4] - Additional reports from technology and other sectors are expected from companies including Zoom, Dell, Workday, HP Inc., Deere, and Pony AI [4]

Core Insights - Investors will have a break next week due to the market closure on November 27 for Thanksgiving, allowing time for assessment and reflection after a challenging week for Wall Street [2] - Despite the end of the U.S. government shutdown, some key economic reports are still being canceled due to insufficient survey data, impacting market expectations [3] Earnings Reports - Several companies are scheduled to report earnings next week, including Alibaba Group (BABA), Dell (DELL), Deere & Company (DE), Analog Devices (ADI), Best Buy (BBY), HP (HPQ), and DICK'S Sporting Goods (DKS) [4] - Specific earnings highlights include: - Monday: Agilent Technologies (A), Zoom Communications (ZM), Symbotic (SYM) [5] - Tuesday: Alibaba, Analog Devices (ADI), Dell Technologies, Best Buy (BBY), Autodesk (ADSK), Workday (WDAY), Zscaler (ZS), HP (HPQ), DICK'S Sporting Goods, J.M. Smucker (SJM), and NIO (NIO) [5] - Wednesday: Deere, Li Auto (LI) [5] - Thursday: Intuitive Machines (LUNR) [6] - Friday: Frontline Plc (FRO), Buckle, Inc. (BKE) [6]

Core Insights - The Q3 earnings season for S&P 500 companies is showing positive results, with 95% of companies having reported by November 21, and an expected 13.4% increase in earnings per share, marking the fourth consecutive quarter of double-digit growth [2] Group 1: Earnings Performance - Analysts had initially expected a 7.9% increase in earnings per share for Q3 as of September 30, indicating a significant upward revision in expectations [3] - If the anticipated 13.4% growth holds, it represents an acceleration from the 12% growth rate reported in Q2 of this year [2] Group 2: Upcoming Reports - Recent retail earnings reports from Walmart, Home Depot, Lowe's, and Target will be followed by upcoming reports from Abercrombie & Fitch, Dick's Sporting Goods, and Burlington Stores, which will provide insights into consumer sentiment and purchasing behavior [4] - Additional earnings reports from tech and other sectors are expected from companies such as Zoom, Dell, Workday, HP Inc., Deere, and Pony AI [5]

Core Insights - Workday, Inc. (WDAY) is expected to report third-quarter fiscal 2026 results on November 25, with a history of earnings surprises, including 9.35% over the last four quarters and 5.74% in the last quarter [1][8] Revenue Expectations - The company is anticipated to record higher revenues due to strong demand for its human capital management and financial management solutions across various markets, with Subscription Services revenues estimated at $2.23 billion, reflecting a 14.1% year-over-year growth [2][7] - The Zacks Consensus Estimate for total revenues is pegged at $2.41 billion, an increase from $2.16 billion reported in the same quarter last year [8] Earnings Projections - The consensus estimate for adjusted earnings per share is $2.12, up from $1.89 reported in the prior year [8] Strategic Developments - Workday acquired Floewise, enhancing its AI ecosystem, and completed the acquisition of Paradox, which will improve its hiring process through AI integration [3] - A strategic partnership with Kinaxis Inc. aims to deliver a connected solution integrating AI-powered supply chain orchestration with Workday Adaptive Planning [4] - Collaboration with Microsoft focuses on secure management of people and AI agents, alongside the introduction of a new customer AI model library for the Workday Contract Intelligence Agent [5] Investment Impact - Elliott Investment Management L.P. has invested over $2 billion in Workday, which is expected to drive innovation and positively impact third-quarter earnings [6]

Core Insights - Total compensation management (TCM) software is now central to enterprise compensation programs, integrating various functions to meet financial and talent needs [1][13] - The decisions regarding compensation have shifted to a continuous and cross-functional approach, necessitating collaboration among finance, business, and human resources [2][4] TCM Software Evolution - The TCM software category has expanded to address complex enterprise requirements, increasingly incorporating analytics and AI to enhance talent management and retention [3][5] - TCM platforms utilize analytics for both retrospective reporting and proactive diagnosis of compensation practices, focusing on pay equity and regulatory compliance [4][5] Software Provider Evaluation - ISG evaluated 23 software providers for its 2025 Buyers Guide for Total Compensation Management, assessing them across four platform categories: Total Compensation Management, Compensation Insights, Compensation Operations, and Compensation Planning [7][8] - Oracle emerged as the top Overall Leader in all four categories, followed by ADP and Salary.com, with all three rated as Exemplary [8][10][11] Emerging Providers - The 2025 Buyers Guide for Compensation Emerging Providers assessed 11 software providers, with Pave recognized as the top Overall Leader, followed by Lattice and Leapsome [12] - Emerging providers are noted for faster iteration and innovative features that cater to specific enterprise needs [6][12] Market Trends - Enterprises are increasingly looking for compensation management software to help retain talent and provide insights for operational and planning processes, especially in a competitive talent market [13]