Workday Inc. announced its fiscal 2026 first-quarter financial results, reporting total revenues of $2.240 billion, representing a 12.6% increase from the first quarter of fiscal 2025. Subscription revenues reached $2.059 billion, marking a 13.4% rise compared to the same period last year. The company reiterated its fiscal 2026 subscription revenue guidance of $8.8 billion and increased its non-GAAP operating margin guidance to approximately 28.5%. Significant business developments include the introduction of new Illuminate Agents aimed at enhancing hiring processes and employee experiences. Additionally, Workday expanded its offerings by incorporating Evisort's AI-powered contract intelligence and contract lifecycle management solutions. The company also welcomed new customers such as Dover Corporation, Mutual of Omaha Insurance Company, and United Airlines, while strengthening existing relationships with ASDA stores, Chipotle, CVS Health, and Decathlon.
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