Workday down after annual subscription revenue forecasts below estimates

Workday

24/02/2026 21:58

** Shares of human resources software provider Workday WDAY.O fall 4.9% to $154.98 after the bell

** Co forecast FY2027 subscription revenue below Wall Street estimates, amid an uncertain economic outlook, pressuring new client wins

** Expects annual subscription revenue between $9.93 billion and $9.95 billion vs. expectations of $10 billion - as per LSEG data

** WDAY reports Q4 total revenue of $2.53 billion vs. analysts' estimates of $2.52 billion

** Quarterly subscription revenue of $2.36 billion came in line with expectations

** WDAY down ~17% in 2025

 (Reporting by Sanskriti Shekhar in Bengaluru)

 ((Sanskriti.Shekhar@thomsonreuters.com))