Workday (WDAY) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Workday reported revenue of $2.24 billion for the quarter ended April 2025, reflecting a year-over-year increase of 12.6$2.22 billion [1] - Earnings per share (EPS) for the quarter was $2.23, compared to$1.74 in the same quarter last year, resulting in an EPS surprise of +12.06% against the consensus estimate of $1.99 [1] Financial Performance Metrics - Subscription revenue backlog stood at$24.62 billion, slightly below the estimated $25.32 billion by analysts [4] - Subscription services revenue reached$2.06 billion, exceeding the average estimate of $2.05 billion, marking a year-over-year increase of +13.4$181 million, surpassing the average estimate of $165.09 million, with a year-over-year change of +3.4% [4] Stock Performance - Workday's shares have returned +19.4% over the past month, outperforming the Zacks S&P 500 composite's +13.4% change [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), indicating potential underperformance relative to the broader market in the near term [3]