Core Insights - Workday, Inc. (WDAY) is expected to report second-quarter fiscal 2026 results on August 21, with a history of earnings surprises, including a 12.06% surprise in the last quarter [1][6] Financial Performance - Subscription Services revenues are estimated at $2.16 billion, reflecting a year-over-year growth of 13.5% [6] - Professional Services revenues are projected at $180 million [6] - The Zacks Consensus Estimate for total revenues in the July quarter is $2.34 billion, up from $2.09 billion in the same quarter last year [6] - The consensus estimate for adjusted earnings per share is $2.09, an increase from $1.75 reported in the prior year [6] Business Developments - Workday has launched AI-driven capabilities with new Illuminate Agents aimed at enhancing productivity in Human Resource Management and finance functions [3] - A new unified AI developer toolset has been introduced to empower developers in customizing and connecting AI applications on the Workday platform [4] - Seattle University has chosen to implement Workday HCM, Financial Management, and Workday Student solutions, which is expected to positively impact third-quarter earnings [5] Market Position - The company maintains a strong focus on AI integration across its product suite, which is a significant growth driver [9] - Workday is experiencing healthy traction in various sectors, including education, financial services, and retail, likely boosting net sales [9] Earnings Expectations - The Earnings ESP for Workday is currently at 0.00%, indicating no clear prediction for an earnings beat [7][8] - Workday holds a Zacks Rank of 3, suggesting a hold position [8]