WDAY · Workday, Inc.
AI read · Neutral
The AI's read
Workday reported Q2 revenue and adjusted EPS beats, strong subscription backlog growth, aggressive buybacks, and rapid AI adoption (AI products driving a meaningful share of new ACV and fast-growing AI ARR). However, management materially lowered fiscal 2027 sales guidance below prior targets and consensus, and operating/free cash flow declined. The positive AI/product momentum and one-time beats are offset by the sizeable guidance cut and cash-flow weakness, leaving the net near-term effect mixed.