Workday (WDAY) is trading sharply higher as investors revisit the company’s most recent earnings package and outlook, with attention on subscription-revenue momentum and capital return. The latest reported quarter (fiscal 2026 fourth quarter, reported February 24, 2026) showed mid-teens year-over-year growth and included an aggressive pace of share repurchases, which is supporting sentiment after prior weakness in the stock price. (investor.workday.com)

In the February 24, 2026 release, Workday reported fiscal 2026 results with total revenue of about $9.55 billion (up ~13% year over year) and subscription revenue of about $8.83 billion (up ~14%+ year over year). Management also issued guidance for the fiscal 2027 first quarter ending April 30, 2026, keeping investors focused on whether near-term growth and margins can stabilize while the company continues investing in AI initiatives. (investor.workday.com)

Workday’s repurchases have been a notable part of the story. The February 24, 2026 earnings release indicated the company repurchased roughly 12.8 million shares for approximately $2.9 billion, reinforcing the idea that downside may be cushioned by buybacks as the market debates the pace of growth. (prnewswire.com)

The next major catalyst is the company’s next earnings report, which market calendars currently point to late May 2026 (estimated dates vary by source). Traders will be watching subscription growth, operating margin progression, and any updates on AI product rollouts and monetization as the company pushes deeper into agent-based workflows. (marketbeat.com)