Core Insights - Workday, Inc. has been recognized as a Leader in the 2025 Gartner Magic Quadrant for Cloud ERP for Service-Centric Enterprises for the fourth consecutive year [1][6] - The company provides a unified platform that integrates financial and human resources management, leveraging AI to enhance operational efficiency and decision-making [2][10] Company Overview - Workday is an enterprise AI platform designed for managing people, money, and agents, serving over 11,000 organizations globally, including more than 65% of the Fortune 500 [10] - The platform processes over a trillion transactions annually, providing insights that help organizations optimize performance and uncover new revenue opportunities [2][10] Product Features - Workday's offerings include Financial Management, Human Capital Management (HCM), Adaptive Planning, and Spend Management, which are tailored for service-centric organizations [2] - The platform features agentic AI solutions that enhance financial insights, streamline HR and finance functions, and support agile forecasting and decision-making [5] Customer Experience - Workday has received positive feedback from users, highlighting its ease of use, innovative design, and strong compliance support [5] - The company was the only vendor recognized with the Customers' Choice distinction in the 2025 Gartner Peer Insights report for Cloud ERP for Service-Centric Enterprises [6]

Accessibility StatementSkip Navigation Over 85 Institutions Now Live on Workday Student, Supporting 3 Million Student Records Worldwide PLEASANTON, Calif., Oct. 15, 2025 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), the enterprise AI platform for managing people, money, and agents, today announced significant global momentum in the higher education industry, with more than 650 institutions across 19 countries having selected Workday to drive their transformations. This milestone underscores the growing de ...

Core Insights - Workday is acquiring AI company Sana for $1.1 billion to enhance its human resources platform with AI capabilities [1][2] - The acquisition aims to provide AI agents for automating repetitive tasks, creating presentations, and searching company data [2][3] - Sana's products, including Sana Learn and Sana Agents, have over 1 million users and will continue to be developed under Workday [3][4] Company Strategy - Workday's president highlighted that Sana's AI-native approach aligns with their vision to transform the future of work [2][3] - The acquisition is part of Workday's strategy to enhance user experience by delivering personalized and intelligent AI capabilities [3][4] - Recent collaborations, such as with Zuora, indicate Workday's focus on integrating advanced technologies to improve financial management and billing processes [4][5] Industry Trends - There is a growing belief among workers that generative AI can enhance productivity, with 82% of frequent users supporting this view [5] - Concerns about job displacement are rising, particularly among regular users of generative AI, with 50% fearing it could eliminate their jobs [6][7] - As familiarity with generative AI increases, workers are becoming more aware of its potential risks, impacting their perceptions of job security [6][7]

Core Insights - TeamBuilder has partnered with Workday to enhance staff scheduling solutions for ambulatory care, aiming to optimize labor costs and improve access to healthcare services [1][2] - The partnership combines Workday's enterprise capabilities with TeamBuilder's specialty-specific scheduling intelligence, leveraging data science to align staff schedules with patient demand [2][3] Company Overview - TeamBuilder is recognized as an innovator in healthcare workforce management, utilizing patented predictive technology to offer smart scheduling solutions [3] - The platform focuses on predictive scheduling, which is designed to optimize staffing, reduce costs, and enhance patient care within healthcare organizations [3] Partnership Benefits - The collaboration with Workday will extend its financial and workforce management capabilities into staff scheduling for ambulatory care, enabling health systems to optimize staffing for both clinical and non-clinical teams [4] - TeamBuilder's platform is expected to deliver labor cost savings of 8–14% and significant improvements in both provider and patient experiences [2][4] - The partnership aims to provide Workday customers with proven opportunities for cost reduction and access improvement, supported by data science and activity-based staffing methodologies [4]

Financial Data and Key Metrics Changes - Workday reported a 14% growth in subscription revenue, totaling $2,169 million for Q2 2026, with total revenue reaching $2,348 million, reflecting a 13% increase [28][29] - Non-GAAP operating margin stood at 29%, with non-GAAP operating income of $680 million [30][33] - Cash and marketable securities at the end of the quarter were $8,200 million, with operating cash flow of $616 million, an 8% growth [31][32] Business Line Data and Key Metrics Changes - Approximately 30% of net new deals were full suite offerings, with this number rising to over 50% in sectors like SLED and healthcare [10][12] - More than 70% of core customers are utilizing Workday Illuminate, with over 30% of customer-based deals including AI products [12][15] - The financial services sector saw significant expansions, including new relationships with Nationwide Insurance and others [12][13] Market Data and Key Metrics Changes - U.S. revenue increased by 13% to $1,760 million, while international revenue grew by 11% to $584 million [29] - The twelve-month subscription revenue backlog (CRPO) reached $7,910 million, up 16.4% year-over-year [29][30] - Strong performance was noted in EMEA, particularly in Germany and the UK, with notable wins in APAC, including a deal in Vietnam [24][122] Company Strategy and Development Direction - Workday is focusing on AI-driven solutions and expanding its platform capabilities, including the acquisition of Paradox to enhance its recruiting suite [16][78] - The company is investing in organic innovation and strategic acquisitions to strengthen its market position and deliver greater value to customers [16][21] - Workday Government was launched to cater specifically to the needs of the U.S. government, emphasizing a commitment to modernization and AI integration [14][70] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's momentum, driven by AI innovation and a unified platform, while acknowledging macroeconomic challenges in certain sectors [25][56] - The company anticipates continued growth in subscription revenue, increasing its FY 2026 guidance to $8,815 million, reflecting a 14% growth [32][34] - Management highlighted the importance of customer trust in navigating AI transitions, positioning Workday as a key partner in this area [100][49] Other Important Information - Workday's headcount as of July 31 was approximately 19,500, with ongoing efforts to attract top talent [31][21] - The company is expanding its partner ecosystem, with over 20% of net new ACV sourced from partners in the last quarter [22] - Workday is actively pursuing growth opportunities in India, with plans to establish a local data center and expand its team [24][122] Q&A Session Summary Question: Market concerns regarding SaaS and AI startups - Management believes concerns about AI disruption to SaaS models are overblown, emphasizing Workday's strong market position and customer base [45][49] Question: Crosscurrents affecting growth - Management noted strong performance in Europe despite macroeconomic challenges, while observing some headwinds in the SLED market [56][58] Question: Workday Government subsidiary - The subsidiary was established to demonstrate commitment to the government sector and to provide a secure cloud environment [70][71] Question: Acquisition of Paradox - The acquisition is seen as a strategic move to enhance Workday's recruiting capabilities, with expected synergies and growth opportunities [78][84] Question: AI product engagement and win rates - Engagement with AI products is strong, with significant growth in adoption rates among customers [88][90] Question: International market performance - Management expressed satisfaction with growth in international markets, particularly in Europe and Japan, and highlighted plans for expansion in India [122][121]

Core Insights - Workday has been selected by Seattle University to unify over 12 disparate systems across its two campuses, aiming to enhance the student experience through improved data insights and operational efficiency [1][2][3] Group 1: Workday's Implementation - Seattle University will integrate its HR, finance, and student information systems on Workday's cloud platform, creating a more efficient and connected experience for students [2][3] - The implementation will simplify tasks such as registration and curriculum management, allowing students to access these services anytime and anywhere via mobile devices [2][3] Group 2: Data Insights and Decision Making - Workday will provide Seattle University with real-time insights into critical areas including attendance, course management, enrollment trends, registration, staffing needs, and financial data [3] - This enhanced visibility will enable the university to make more data-informed decisions and adapt to changes effectively [3][4] Group 3: Strategic Vision - The president of Seattle University emphasized the importance of adaptability in higher education, stating that the partnership with Workday represents a significant step towards building a culture of data-informed decision-making [4] - Workday's commitment extends beyond technology solutions, focusing on collaborative partnerships that empower institutions and students to thrive in a changing environment [4][5] Group 4: Company Overview - Workday is an AI platform designed for managing people, money, and agents, utilized by over 11,000 organizations globally, including more than 60% of the Fortune 500 [5]

Core Insights - Workday, Inc. has been recognized as a Leader in the 2025 Gartner Magic Quadrant for ERP for US Local Government, indicating its strong execution and vision in the market [1][5] - The Workday platform integrates Human Capital Management and Financial Management, enabling local governments to manage finances and resources effectively in a unified system [2][3] Company Performance - Workday's unified platform provides real-time insights, streamlines processes, and enhances decision-making capabilities for local governments [3] - Local government customers have reported significant improvements, including a 60% faster payroll process, a 15% reduction in unapproved spending, and annual savings of $1.6 million [4] Industry Impact - The platform addresses unique challenges faced by local governments, such as managing complex budgets and delivering essential services [3] - Workday's features, including self-service capabilities and real-time reporting, contribute to operational efficiency and improved service delivery [4][7]

Group 1 - Scrumconnect Consulting has signed a partnership agreement with Workday, Inc. to enhance Workday's presence in local government, academia, and the NHS in the UK [2] - Scrumconnect currently supports 16 of the CDDO's top 75 government services, demonstrating its effective user-centered approach [3] - A dedicated Workday Centre of Excellence is being established in Newcastle to assist customers in optimizing their Workday investments [3] Group 2 - As a Workday Partner, Scrumconnect will provide Application Management Services (AMS) in three areas: Build, Run, and Enhance [4] - The company aims to help organizations without in-house Workday expertise by supporting configuration, integration, and data management [4] - Scrumconnect has published a new guide for public sector leaders managing Workday, offering practical advice for post-implementation management [5] Group 3 - Workday Financial Management and Human Capital Management (HCM) provide comprehensive support for financial and people-based processes, enhancing operational visibility and adaptability [6] - Scrumconnect is committed to improving public sector digital services, focusing on user experience and delivering value [7]