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NASDAQ: WDAY Workday, Inc. 10-Q

Workday posts 13% revenue growth, 32% operating margin; CEO transition and AI competition risks disclosed

Filed May 22, 2026 · Period ending April 30, 2026 · Compared to 10-Q May 23, 2025 · ~1 min read

Key Changes

  • high

    Aneel Bhusri returned as CEO in February 2026, replacing Carl Eschenbach. Filing warns leadership changes can disrupt business, impact culture, and affect talent retention.

    Risk Factors: CEO transition verify on EDGAR →
  • high

    New risk disclosure: generic AI solutions (LLMs, general-purpose agents) may compete with specialized enterprise software, potentially eroding differentiation and pricing power.

    Risk Factors: AI competition verify on EDGAR →
  • high

    Company warns AI monetization remains uncertain; flexible pricing model for agentic AI and Workday Data Cloud requires customer education and may see lower-than-expected adoption.

    Risk Factors: AI monetization verify on EDGAR →

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Source-verified from EDGAR · Narrative written by AI · May 24, 2026 · How we verify