Workday, Inc. reported strong fiscal 2025 Q2 results, with total revenues rising 16.7% year-over-year to $2.085 billion, driven by a 17.2% increase in subscription revenues. 

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The company achieved an operating income of $111 million, up from $36 million in the previous year. Workday's 12-month subscription revenue backlog reached $6.80 billion, a 16.1% increase. As a result WDAY jumped over 12%.

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Operating cash flows were $571 million compared to $425 million in the prior year. Free cash flows were $516 million compared to $360 million in the prior year.

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Workday repurchased approximately 1.4 million shares of Class A common stock for $309 million as part of its share repurchase program.

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Cash, cash equivalents, and marketable securities were $7.37 billion as of July 31, 2024.