Workday reported strong Q2 fiscal 2025 results, with total revenues increasing 17% year-over-year to $2.1 billion. Subscription services revenues, which accounted for 91% of total revenues, grew 17% to $1.9 billion. The company's GAAP operating income surged 207% to $111 million, with operating margin expanding to 5.3% from 2.0% last year.Non-GAAP operating income rose 23% to $518 million, with non-GAAP operating margin improving to 24.9%. Free cash flows increased 43% to $516 million. Workday's total subscription revenue backlog grew 21% YoY to $21.6 billion, with $6.8 billion expected to be recognized over the next 12 months.The company highlighted continued strong demand for its products despite macroeconomic uncertainties. Workday remains focused on driving sustainable, long-term subscription revenue growth by adding new customers and expanding its footprint with existing ones. The company is investing in strategic growth areas including AI innovation, international expansion, and industry verticals while optimizing resource allocation to support scalable growth.

Workday reported strong Q2 fiscal 2025 results, with total revenues increasing 17% year-over-year to $2.1 billion. Subscription services revenues, which accounted for 91% of total revenues, grew 17% to $1.9 billion. The company's GAAP operating income surged 207% to $111 million, with operating margin expanding to 5.3% from 2.0% last year.Non-GAAP operating income rose 23% to $518 million, with non-GAAP operating margin improving to 24.9%. Free cash flows increased 43% to $516 million. Workday's total subscription revenue backlog grew 21% YoY to $21.6 billion, with $6.8 billion expected to be recognized over the next 12 months.The company highlighted continued strong demand for its products despite macroeconomic uncertainties. Workday remains focused on driving sustainable, long-term subscription revenue growth by adding new customers and expanding its footprint with existing ones. The company is investing in strategic growth areas including AI innovation, international expansion, and industry verticals while optimizing resource allocation to support scalable growth.