Workday Q2 FY27 revenue up 12.8% to $2.649B; authorizes $4B buyback

Workday, Inc.

Total revenues $2.649B, +12.8% YoY; subscription revenues $2.471B, +13.9% YoY.
GAAP diluted EPS $2.57 (incl. $1.52 tax benefit from IP restructuring); non-GAAP EPS $2.75.
12-month subscription backlog $9.034B, +14.2% YoY; total backlog $27.403B, +8.0%.
Operating cash flow $520M, free cash flow $460M (vs $616M and $588M prior year).
Board authorized new $4.0B share repurchase program; repurchased ~9.8M shares for $1.3B in Q2.

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