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Workday will report its latest quarterly numbers on November 24. Analysts are looking for revenue of about 2.69 billion dollars and earnings of 2.75 dollars per share. The company has a consistent track record of meeting or exceeding these targets over the last two years. We will be watching the subscription backlog, which represents the total value of signed contracts waiting to be recognized as revenue. This number is the best indicator of how well the company is converting its 80 million users into long-term growth. We will also look for updates on how many customers are adopting its new artificial intelligence tools.
Workday is deepening its tie-up with Zuora, a company that provides software for managing subscriptions and usage-based billing. The move brings Zuora's tools directly into Workday, allowing businesses to launch and track complex pricing models, like charging customers based on how much they use an AI tool, without losing financial control.
This matters because as more companies shift from flat monthly fees to usage-based pricing, they need their accounting and billing systems to talk to each other perfectly. For Workday, this makes its finance software more useful for modern tech and service companies, helping it compete for the CFO's attention beyond its traditional strength in HR.
Source: PRNewsWire
Workday is making Galileo, an AI research assistant from The Josh Bersin Company, available to its customers. The tool allows HR managers to ask questions about hiring, team design, or skills and get answers based on decades of HR research and data.
This is a practical step in Workday's plan to build an "agentic" platform, where AI agents do more than just summarize text. By putting expert advice directly where HR teams already work, Workday is trying to make its software a more essential daily tool, which helps keep customers from switching to rivals.
Source: PRNewsWire
Workday is expanding its partnership with the digital banking platform Chime. The update allows employees at companies using Workday to set up direct deposits to Chime accounts without having to manually enter account or routing numbers. This is a small but useful addition to Workday's payroll features. By making it easier for employees to connect their pay to financial apps, Workday makes its software more central to the daily lives of the 80 million people who use it, which helps keep the platform sticky for employers.
Source: Business Wire
SEC filing on 2026-10-23: 8-K, 8-K filing: entered a material agreement; took on new debt or obligations.
What the filing says (its own text, every fact in the card must come from here, and NAME the specific person, role and date it gives): false 0001327811 0001327811 2026-10-21 2026-10-21 iso4217:USD xbrli:shares iso4217:USD xbrli:shares UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 21, 2026 WORKDAY, INC. (Exact name of registrant as specified in its charter) Delaware 001-35680 20-2480422 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 6110 Stoneridge Mall Road Pleasanton , CA 94588 (Address of principal executive offices, including zip code) (Registrant's telephone number, including area code): ( 925 ) 951-9000 N/A (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Exchange Act: (Title of each class) (Trading Symbol) (Name of exchange on which registered) Class A Common Stock, par value $0.001 WDAY The Nasdaq Stock Market LLC (Nasdaq Global Select Market) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 ( 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 ( 240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Section 1 - Registrant's Business and Operations Item 1.01, Entry into a Material Definitive Agreement On October 21, 2026, Workday, Inc. ("Workday") entered into an Underwriting Agreement (the "Underwriting Agreement") with Morgan Stanley & Co. LLC, BofA Securities, Inc., Barclays Capital Inc., and Wells Fargo Securities, LLC, as representatives of the several underwriters named therein. The Underwriting Agreement provides for the issuance and sale by Workday of $2.5 billion aggregate principal amount of senior notes, consisting of $750.0 million aggregate principal amount of 5.700% senior notes due 2029 (the "2029 Senior Notes"), $500.0 million aggregate principal amount of 6.000% senior notes due 2031 (the "2031 Senior Notes"), $750.0 million aggregate principal amount of 6.300% senior notes due 2033 (the "2033 Senior Notes"), and $500.0 million aggregate principal amount of 6.500% senior notes due 2036 (the "2036 Senior Notes," and together with the 2029 Senior Notes, the 2031 Senior Notes, and the 2033 Senior Notes, the "Notes"), in an underwritten public offering (the "Offering"). The Underwriting Agreement contains customary representations, warranties, and covenants. These representations, warranties, and covenants are not representations of factual information to investors about Workday or its subsidiaries, and the sale of any Notes pursuant to the Underwriting Agreement is not a representation that there has not been any change in the condition of Workday. The foregoing description of the terms of the Underwriting Agreement is not complete and is subject to, and qualified in its entirety by reference to, the complete terms and conditions of the Underwriting Agreement, which is filed as Exhibit 1.1 hereto and is incorporated by reference herein. On October 23, 2026, Workday completed its issuance and sale of the Notes pursuant to the Underwriting Agreement and an indenture, dated as of April 1, 2022 (the "Base Indenture"), between Workday and U.S. Bank Trust Company, National Association, as trustee, together with an officer's certificate, dated October 23, 2026 (the "Officer's Certificate," and, together with the Base Indenture, the "Indenture"). The Notes were issued and sold pursuant to Workday's effective shelf registration statement on Form S-3 (Registration No. 333-296348) filed with the Securities and Exchange Commission on May 29, 2026, including the base prospectus contained therein, as supplemented by a related preliminary prospectus supplement, dated October 21, 2026, and a final prospectus supplement, dated October 21, 2026. Workday estimates that the net proceeds from the Offering will be approximately $2.47 billion, after deducting the underwriting discount and estimated offering expenses payable by Workday. Workday intends to use the net proceeds from the Offering to redeem, repay, repurchase, or otherwise retire the $1.0 billion in aggregate principal amount of its 3.500% notes due April 1, 2027 at or before their maturity and to use any remaining net proceeds for general corporate purposes. The Notes are senior unsecured obligations of Workday and rank equally with all existing and future unsecured and unsubordinated indebtedness of Workday. The 2029 Senior Notes will mature on October 23, 2029, and bear interest at a fixed rate of 5.700% per annum. The 2031 Senior Notes will mature on October 23, 2031, and bear interest at a fixed rate of 6.000% per annum. The 2033 Senior Notes will mature on October 23, 2033, and bear interest at a fixed rate of 6.300% per annum. The 2036 Senior Notes will mature on October 23, 2036, and bear interest at a fixed rate of 6.500% per annum. Interest on each series of Notes is payable semi-annually in arrears on April 23 and October 23 of each year, commencing on April 23, 2027. The Notes are redeemable at the option of Workday, in whol
Source: 8-K filing
Management has a perfect record of setting conservative targets and clearing them every quarter for two years. This suggests you can trust their forecasts to be a floor rather than a stretch goal.
| Expectation | |
|---|---|
| EPS | $2.75 |
| Revenue | $2.69B |