Workday, Inc. (WDAY) Earnings Call Transcripts
Workday, Inc.'s Latest Earnings Call - October 13, 2026
In the fiscal Q3 2026 earnings call, Workday, Inc. (WDAY:US) reported a revenue of $1.4 billion, marking a 12% year-over-year increase, and an earnings per share (EPS) of $0.85, which beat analyst expectations by $0.05. Management maintained its full-year revenue guidance of $5.5 billion, emphasizing strong demand for AI-driven solutions and the expansion of their total addressable market (TAM) to $276 billion, up from $188 billion last year. The company highlighted a significant acceleration in AI adoption among customers, with AI expected to drive 70% of new revenue in FY 2028, indicating a strategic pivot towards AI-centric offerings that could enhance growth prospects.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $1.4B (beat) |
| EPS | $0.85 (beat) |
| Total Addressable Market (TAM) | $276B (positive) |
| AI Revenue Contribution | 70% (positive) |
| Flex Credit Customers | 300+ (positive) |
| Annual Recurring Revenue from AI | $600M (positive) |
Guidance from management
Management maintained its revenue guidance of $5.5 billion for the fiscal year, with expectations for AI to drive 70% of new revenue by FY 2028, indicating strong confidence in future growth.
What management said
Yes. And in the medium enterprise, a lot of the international market is medium enterprise. I happened to be in Europe 2 weeks ago, met with both large- and medium-sized companies. I was kind of surprised how far their thinking is on AI. I thought maybe they're going to be a little slower. They were -- Europe, in general, was slower on cloud. They're not slower on AI. They're embracing AI in the same way, and I think ...
Great. So with that, the most important time here is with Gerrit and his team because we want to have this be more you seeing the products in use. We would like to invite Gerrit up. And then Aneel and the team and I will be here later on for Q&A. So with that, let me invite Gerrit.
What analysts pressed on
Analysts expressed concerns regarding the deceleration of subscription growth and the need for Workday to effectively transition existing customers to new AI-driven models. There are questions about how the company will maintain customer relationships as it shifts to a more consumption-based revenue model.
Main topics on the call
- AI Adoption and Market Opportunity — Management noted a 'huge opportunity' in AI, with a TAM of $100 billion specifically for AI and platform solutions. Aneel Bhusri stated, 'We have a window 12 to 18 months where if we deliver our agents, we're going to be...
- Revenue Growth and Guidance — Workday reported $1.4 billion in revenue for Q3 2026, a 12% increase year-over-year. The company maintained its full-year revenue guidance of $5.5 billion, signaling confidence in its growth trajectory despite market cha...
- Flex Credit Model Introduction — The introduction of the Flex Credit model is seen as a key monetization strategy, with nearly 300 customers already signed up. Zane Rowe mentioned, 'The more solutions we bring to market, the more measurable value our cu...
- Operational Efficiency and Innovation Speed — Management highlighted a significant increase in innovation speed, with new AI features developed in a fraction of the time previously required. Aneel Bhusri noted, 'We are working at speeds I've never seen before,' whic...
Read the full Workday, Inc. transcript (October 13, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Workday, Inc.
Workday, Inc. (WDAY) is a publicly listed company in the Software industry, within the Information Technology sector. It trades on NasdaqGS and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 62 calls on record spanning February 27, 2020 to October 13, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 62 Workday, Inc. earnings call transcripts on record, spanning February 27, 2020 to October 13, 2026. Based on this history, Workday, Inc. reports quarterly. The most recent call on file is dated October 13, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- WDAY
- Exchange
- NasdaqGS
- Country
- US
- Sector
- Information Technology
- Industry
- Software
- Calls on record
- 62
- First call
- February 27, 2020
- Most recent
- October 13, 2026
- Reporting cadence
- quarterly