Workday Q1 EPS and Revenue Beat Estimates

Workday (NASDAQ:WDAY) kicked off its fiscal year strongly, reporting Q1 EPS of $2.23—$0.22 above the $2.01 consensus—and revenue of $2.24 billion, topping the $2.22 billion estimate. Shares closed at $272.38, up 6.2% over three months and 4.4% year-to-date.

Consistent Earnings Outperformance

This latest beat continues a pattern of upside surprises: over the past eight quarters, Workday has exceeded EPS forecasts by an average 8%, according to FMP's Historical Earnings API. Such consistency underpins investor confidence amid broader market volatility.

Strong Growth and Valuation Metrics

Workday's subscription-driven model delivered a 14% year-over-year revenue increase, per FMP's Financial Growth Statement Analysis API. At today's price, WDAY trades at roughly 25× trailing-12-month revenue—above its 20× software-services peer median—reflecting premium valuation for its durable cloud-ERP growth profile.

With 23 upward EPS revisions in the last 90 days signaling rising analyst optimism, the market will now look to management's Q2 guidance and customer-subscription growth metrics when Workday hosts its earnings call next month.