Workday, Inc. (WDAY) Q2 FY2027: AI ARR hit nearly $600M, surging 200% year over year, supported by 5,500 customers using organic agents, though investors question whether this growth is additive or cannibalizing core bookings and if the revenue miss

Workday reported total revenue of $2.649 billion, up 13% year over year but missing estimates by 1.5%, while subscription revenue reached $2.471 billion, up 14%. EPS beat consensus at $2.75 versus $2.66, with strong cash generation including $1.22 billion in operating cash flow and $1.08 billion in free cash flow. AI ARR hit nearly $600 million, surging 200% year over year, supported by 5,500 customers using organic agents, though investors question whether this growth is additive or cannibalizing core bookings and if the revenue miss signals a recurring issue despite management's emphasis on the single data model moat and rapid enterprise deployments.

Company: Workday, Inc. (WDAY) — Q2 FY2027

🎙️ Want podcasts like this on any of 5,000+ companies? Podfolio turns earnings calls, filings, and market data into short, listenable briefings — and builds a bespoke daily podcast around your own portfolio and watchlist. Your holdings, your companies, your commute.

👉 Sign up free at podfolio.one and generate your first personalized earnings podcast in under a minute.

#Earnings #WDAY #Stocks #Investing #Podfolio

Informational only — not investment advice. AI-assisted aggregation of public earnings materials.