secwatch.observer — SEC 8-K summary
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Issuer:     Workday, Inc. (WDAY)
CIK:        0001327811
Form:       8-K
Filed at:   2025-05-22T23:59:59+00:00
Accession:  0001327811-25-000105
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Workday Q1 revenues up 12.6% to $2.24B; non-GAAP EPS $2.23; authorizes $1B buyback
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- Subscription revenue $2.059B (+13.4% YoY); total revenue $2.240B (+12.6% YoY).
- GAAP diluted EPS $0.25 (incl. $166M restructuring); non-GAAP diluted EPS $2.23 vs $1.74.
- Non-GAAP operating margin 30.2% vs 25.9%; free cash flow $421M vs $291M.
- 12-month subscription backlog $7.63B (+15.6%); total backlog $24.62B (+19.1%).
- Board authorized $1B share repurchase (no expiry); Q1 repurchased $293M of shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327811/000132781125000105/0001327811-25-000105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327811/000132781125000105/wday-20250522.htm
  HTML page:      https://secwatch.observer/filing/0001327811-25-000105

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer