Core Insights - European companies utilizing the cloud-based Workday platform are enhancing their deployments to achieve improved business outcomes [1] Group 1 - The migration to the Workday platform is being optimized by European companies [1] - ISG reports that these optimizations are leading to better business results [1]

Core Insights - Workday, Inc. reported total revenues of $2.348 billion for the fiscal second quarter of 2026, reflecting a year-over-year increase of 12.6% [1][6] - Subscription revenues reached $2.169 billion, marking a 14.0% increase compared to the same period last year [1][6] - The company has raised its fiscal 2026 subscription revenue guidance to $8.815 billion, indicating a growth of 14% [4] Financial Performance - Operating income for the second quarter was $248 million, representing 10.6% of total revenues, compared to $111 million (5.3% of revenues) in the same quarter of the previous year [6] - Non-GAAP operating income was $680 million, or 29.0% of revenues, up from $518 million (24.9% of revenues) year-over-year [6][21] - Diluted net income per share increased to $0.84 from $0.49 in the same quarter last year, while non-GAAP diluted net income per share rose to $2.21 from $1.75 [6][21] Subscription Backlog - The 12-month subscription revenue backlog stood at $7.91 billion, a 16.4% increase year-over-year [6] - Total subscription revenue backlog reached $25.37 billion, reflecting a 17.6% growth compared to the previous year [6] Cash Flow and Share Repurchase - Operating cash flows were $616 million, compared to $571 million in the same period last year [6] - Free cash flows amounted to $588 million, up from $516 million year-over-year [6] - The company repurchased approximately 1.2 million shares of Class A common stock for $299 million as part of its share repurchase program [6] Strategic Initiatives - Workday's growth is attributed to its AI and platform innovation, as well as international momentum and an expanding ecosystem [4] - The acquisition of Paradox is expected to contribute positively to the company's growth initiatives [4]

Core Insights - Workday has entered into a definitive agreement to acquire Paradox, enhancing its AI-powered talent acquisition capabilities for various types of workers [1][5] - The acquisition aims to streamline the hiring process, particularly for high-volume frontline industries, which employ nearly 3 billion workers globally [1][3] - Paradox's AI-driven candidate experience agent is designed to improve candidate engagement and accelerate hiring processes, achieving employee conversion rates over 70% and reducing time-to-hire to as low as three and a half days [4][6] Company Overview - Workday is an AI platform that manages people, money, and agents, serving over 11,000 organizations globally, including more than 65% of the Fortune 500 [8] - Paradox, launched in 2016, specializes in conversational recruiting through its AI assistant, Olivia, and has been recognized as one of the fastest-growing companies in HR Tech [9] Strategic Implications - The acquisition positions Workday as a leader in high-volume, frontline hiring, which encompasses 70% of jobs worldwide, and integrates a pioneering AI product team into its operations [6] - Workday's comprehensive platform will unify various capabilities, including AI-driven talent discovery and streamlined hiring processes, to enhance the overall talent journey for organizations [5][6] Expected Outcomes - The transaction is anticipated to close in the third quarter of Workday's fiscal year 2026, subject to regulatory approvals [7] - Workday's partnership with Paradox has already demonstrated significant improvements, such as reducing time-to-hire by 75% and doubling applicant flow for clients like Chipotle [6][7]

Core Insights - Workday has acquired Flowise, a low-code platform for building AI agents, enhancing its capabilities in HR and finance [1][3] - The acquisition aims to accelerate innovation and empower customers and partners to design and manage AI agents with increased speed and flexibility [1][7] Company Overview - Workday is an AI platform focused on managing people, money, and agents, utilized by over 11,000 organizations globally, including more than 60% of the Fortune 500 [4] - Flowise democratizes AI development, allowing users to create AI agents easily, supported by an open-source foundation and rapid adoption across various industries [2][6] Benefits of the Acquisition - Accelerated AI Innovation: Workday customers will have access to a user-friendly platform for quickly building and deploying AI agents tailored for HR and finance [7] - Customization and Control: Flowise provides developers with the ability to customize AI agents and workflows, ensuring scalability and control [7] - Responsible AI Development: The integration reinforces Workday's commitment to responsible AI through enterprise-grade observability and secure deployment options [7]

Core Insights - 75% of employees are comfortable collaborating with AI agents, but only 30% are willing to be managed by them, indicating a challenge for businesses to integrate AI while maintaining human oversight [1][6] - 82% of organizations are expanding their use of AI agents, reflecting widespread optimism about AI adoption [2] Employee Perspectives - Employees prefer clear boundaries regarding AI's role in the workplace, emphasizing the need for transparency and human empowerment in AI deployment [3][6] - Trust in AI agents increases with usage; only 36% of those exploring AI agents trust their organization to use them responsibly, which rises to 95% among those with more experience [6] Productivity and Concerns - Nearly 90% of employees believe AI agents will enhance productivity, but 48% are concerned about increased pressure and a decline in critical thinking [6] - There is a distinction in trust levels for AI based on task type, with higher trust for IT support and skills development, and lower trust for sensitive areas like hiring and finance [6] Industry-Specific Insights - In the finance sector, 76% of finance workers believe AI agents can help address the shortage of CPAs, with top applications including forecasting, budgeting, and fraud detection [6]

PLEASANTON, Calif., Aug. 4, 2025 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), the AI platform for managing people, money, and agents, today announced that it will host its financial analyst day on Tuesday, September 16, 2025 in San Francisco at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time. The event will take place during Workday Rising, the company's annual flagship conference for finance, HR, and IT professionals.A live webcast of the event will be available on the Workday Investor Relations site. The ...

Group 1 - Workday, Inc. plans to announce its fiscal 2026 second quarter financial results on August 21, 2025, after market close [1] - A conference call will be held at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time to discuss the financial results and business outlook [1] - A live webcast of the event will be available on the Workday Investor Relations site, with a replay accessible for a minimum of 90 days [2] Group 2 - 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 [3]

Core Insights - Order.co has appointed Larry Robinett as Head of Workday Accounts & Alliances to enhance strategic partnerships and increase the adoption of its Workday Built integration [1][3] Company Overview - Order.co is a leading B2B Ecommerce platform that simplifies business buying by integrating online shopping with purchase order and accounts payable automation [6] - The company was founded in 2016 and is headquartered in New York City, having raised $70 million in funding from notable investors [7][8] Leadership Background - Larry Robinett brings over 20 years of experience in enterprise software and strategic alliances, particularly within the Workday ecosystem, previously serving as Vice President of Sales and Partner Alliances at Ascend Software [2][4] Integration Benefits - The Workday Built integration allows customers to streamline procurement processes, enhancing control, efficiency, and cost savings [3][4] - Customers can utilize Integrated Search to purchase items from approved suppliers directly within the Workday portal, which simplifies the requisition process and reduces manual data entry [4][5] Customer Impact - Companies like WeWork and Hugo Boss have leveraged Order.co to centralize purchase-to-pay workflows, achieving an average savings of 5% on products [7] - The integration has been praised for saving time, effort, and money, as noted by Kyle Ingerman, Finance Transformations Senior Manager at WeWork [5] Workday Partnership - Order.co is recognized as a Workday Select Partner, collaborating closely with Workday to develop an embedded B2B Ecommerce experience within the Workday platform [4]

Core Insights - Workday, Inc. has achieved ISO 42001 accreditation and alignment with the NIST AI Risk Management Framework, highlighting its commitment to responsible AI development and governance [1][2][3] Group 1: Accreditations and Recognition - The ISO 42001 accreditation signifies Workday's dedication to developing AI in a responsible and transparent manner [2] - The alignment with NIST AI RMF demonstrates Workday's capability to effectively manage AI risks during AI development [2][3] Group 2: Governance and Trust - Workday voluntarily underwent rigorous evaluations to enhance customer confidence in its AI practices [3] - The company emphasizes the importance of protecting fundamental human rights, safety, security, and privacy in its AI governance program [3][4] Group 3: Leadership and Commitment - Dr. Kelly Trindel, Workday's chief responsible AI officer, stated that the dual recognition affirms the company's leadership in responsible AI [4] - Workday's strong AI governance program and internal expertise were acknowledged by independent assessors, reinforcing its position in the technology sector [5]

Core Insights - Workday Rising 2025 is scheduled for September 15-18 in San Francisco, focusing on the future of work with an emphasis on AI innovations [1][2] - The conference will host over 30,000 leaders and feature more than 400 sessions, including keynotes from prominent figures like Brené Brown and Workday executives [2][3] 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] Event Highlights - The event will showcase how companies are leveraging AI to enhance talent strategies and improve financial processes [2][4] - Attendees will have access to product demonstrations, customer showcases, and networking opportunities to share insights and best practices [2][4]