Workday introduced on Dec. 2 its third-quarter fiscal 2026 outcomes for the interval ended October 31.
Whole income reached $2.432 billion, representing a 12.6% improve in comparison with the identical interval final 12 months. Subscription income was $2.244 billion, up 14.6% year-over-year. Working revenue was $259 million, accounting for 10.7% of income, a rise from $165 million or 7.6% of income in the identical interval final 12 months. Third-quarter non-GAAP working revenue was $692 million, representing 28.5% of income, in comparison with $569 million or 26.3% of income in the identical interval final 12 months.
Diluted earnings per share was $0.94, up from $0.72 within the third quarter of fiscal 2025. Non-GAAP diluted earnings per share was $2.32, in comparison with $1.89 in the identical interval final 12 months.
Twelve-month subscription income backlog was $8.21 billion, up 17.6% year-over-year. Whole subscription income backlog was $25.96 billion, up 17.0% from the earlier 12 months. Each the twelve-month subscription income backlog and complete subscription income backlog mirror the affect of the Paradox acquisition accomplished within the third quarter of fiscal 2026.
Money move from working actions was $588 million, up from $406 million in the identical interval final 12 months. Free money move was $550 million, in comparison with $359 million in the identical interval final 12 months.
Workday repurchased roughly 3.4 million shares of Class A typical inventory for $803 million as a part of its share repurchase program. As of October 31, 2025, money, money equivalents, and marketable securities totaled $6.84 billion.
Workday CEO Carl Eschenbach mentioned, “Workday delivered one other stable quarter, pushed by the energy and variety of our enterprise and the sturdy momentum we’re seeing throughout our AI portfolio,” including, “By uniting human sources, finance, and AI brokers on one trusted platform, Workday helps clients obtain actual aggressive benefits.”
He additional acknowledged, “This allows firms to empower their workforce, simplify how they work, and create actually significant outcomes.”
Workday CFO Zane Rowe mentioned, “Our third-quarter outcomes had been achieved as we proceed to make progress on a number of key progress initiatives whereas accelerating innovation throughout our platform and bringing new AI options to market,” including, “We anticipate fiscal 2026 subscription income of $8.828 billion with 14% progress, and anticipate non-GAAP working margin to be roughly 29%.”
