Workday reports Q2 growth and authorizes an additional $4 billion buyback

Workday reported fiscal 2027 second-quarter revenue of $2.649 billion, up 12.8% year over year, including $2.471 billion in subscription revenue, while non-GAAP diluted EPS rose to $2.75 from $2.21; GAAP EPS of $2.57 included a $1.52-per-share tax benefit. On August 27, 2026, the board authorized an open-ended repurchase of up to $4.0 billion of Class A shares, after Workday bought approximately 9.8 million shares for $1.3 billion in the quarter, and the company raised full-year subscription revenue guidance to $9.940 billion-$9.950 billion and non-GAAP operating margin guidance to 31.0%.