Every material Form 8-K Workday filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Workday reported fiscal 2026 third-quarter revenue of $2.432 billion, up 12.6% year over year, with GAAP diluted earnings of $0.94 per share versus $0.72 a year earlier. The company also issued fourth-quarter guidance and updated its full-year fiscal 2026 subscription revenue outlook to $8.828 billion, which shareholders can compare against future results.
Total revenues were $2.432 billion, up 12.6%; subscription revenues were $2.244 billion, up 14.6%.
GAAP diluted EPS was $0.94 versus $0.72; non-GAAP diluted EPS was $2.32 versus $1.89.
Q4 fiscal 2026 subscription revenue guidance is $2.355 billion (15.5% growth); full-year guidance is $8.828 billion (14.4% growth).
Workday repurchased about 3.4 million Class A shares for $803 million in the quarter.
Workday reported fiscal 2026 second-quarter results for the quarter ended July 31, 2025, with total revenue up 12.6% year over year and GAAP diluted earnings per share rising to $0.84 from $0.49. The company raised its full-year fiscal 2026 subscription revenue guidance to $8.815 billion, which includes its planned acquisition of Paradox.
Total revenues were $2.348 billion, up 12.6%; subscription revenues were $2.169 billion, up 14.0%.
GAAP operating income was $248 million versus $111 million a year earlier; non-GAAP operating income was $680 million, or 29.0% of revenues.
Diluted EPS was $0.84 (GAAP) and $2.21 (non-GAAP), compared with $0.49 and $1.75 a year earlier.
Full-year fiscal 2026 subscription revenue guidance was raised to $8.815 billion, growth of 14.2%, with a non-GAAP operating margin of 29.0%.
Workday reported fiscal 2026 first-quarter revenue of $2.240 billion, up 12.6% year over year, while GAAP diluted earnings per share fell to $0.25 from $0.40 after $166 million in restructuring expenses. The company also reiterated its fiscal 2026 subscription revenue guidance of $8.8 billion, raised its non-GAAP operating margin guidance to approximately 28.5%, and authorized a new $1.0 billion share repurchase program.
Total revenues were $2.240 billion, up 12.6%; non-GAAP diluted EPS was $2.23 versus $1.74 a year earlier.
GAAP operating income was $39 million, down from $64 million, including $166 million of restructuring expenses.
Fiscal 2026 subscription revenue guidance of $8.8 billion was reiterated; non-GAAP operating margin guidance was raised to approximately 28.5%.
The Board authorized repurchases of up to $1.0 billion of Class A common stock with no expiration date.
Workday appointed Gerrit Kazmaier, formerly a vice president and general manager at Google Cloud, as President, Product and Technology, effective March 10, 2025. Sayan Chakraborty, the current holder of the role, is retiring and will advise the company through June 2, 2025. The filing describes Kazmaier's pay package and says the company's innovation strategy and product and technology organization are now under his leadership.
Kazmaier's offer includes a $700,000 annual base salary, a $1,000,000 one-time signing bonus paid in two installments, and a 60% target cash bonus.
Kazmaier will receive restricted stock unit awards with grant-date values of approximately $18 million and approximately $12 million, the second of which is a sign-on award.
Chakraborty will serve as a full-time advisor through June 2, 2025, then as a consultant through December 2, 2025, with his existing equity awards continuing to vest.
Workday reported fiscal fourth-quarter 2025 total revenues of $2.211 billion, up 15.0% year over year, and full-year revenues of $8.446 billion, up 16.4%. GAAP diluted EPS fell to $0.35 from $4.42 a year earlier, which the company attributes to $75 million of restructuring expenses and to a $1.1 billion deferred tax benefit recorded in the prior-year period, while non-GAAP diluted EPS rose to $1.92 from $1.57. The company guided fiscal 2026 subscription revenue to $8.800 billion (14% growth) and a non-GAAP operating margin of approximately 28.0%.
Q4 fiscal 2025 total revenues $2.211 billion, up 15.0%; subscription revenues $2.040 billion, up 15.9%
Q4 GAAP diluted EPS $0.35 vs. $4.42 a year earlier; non-GAAP diluted EPS $1.92 vs. $1.57
Full-year fiscal 2025 operating cash flows $2.461 billion; free cash flows $2.192 billion; repurchased shares for $700 million
Fiscal 2026 restructuring plan expected to reduce current workforce by approximately 8%
Workday announced a restructuring plan to eliminate about 1,750 positions, or 8.5% of its current workforce, and to exit certain owned office space. The company expects fiscal 2025 fourth-quarter and full-year results to be in line with or above prior guidance, except for GAAP operating margin, which will be reduced by the charges from the plan.
Plan expected to cost $230 million to $270 million, with $60 million to $70 million recognized in the fourth quarter of fiscal 2025 and the rest in the first quarter of fiscal 2026
About $145 million to $175 million of the charges are future cash expenditures for severance and related costs; about $50 million to $60 million are non-cash stock-based compensation; about $35 million are non-cash office space impairment c
Actions expected to be substantially complete by the second quarter of fiscal 2026; fourth-quarter GAAP operating margin expected to be 22 to 23 percentage points below non-GAAP margin
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Workday filing is on SEC EDGAR ↗. 8-K briefs of other companies →