Workday Inc (NASDAQ:WDAY) closed out FY25 with a strong Q4, surpassing revenue and EPS expectations while maintaining solid growth in both the U.S. and international markets. A key highlight was the strength in full-suite sales, which accounted for over 30% of net new wins, signaling success in landing larger deals. Workday’s platformization strategy is showing results, and its Agent System of Record is positioned to drive future monetization opportunities.
While the performance was solid, mid-teens growth is relatively modest for a technology company. Additionally, international growth remains underwhelming, outpacing the U.S. by just 1%, despite Workday identifying 50% of its total addressable market (TAM) outside the U.S. Given its smaller footprint abroad, stronger expansion is needed to justify its long-term growth narrative.
For more details, key highlights, and commentary, check out the high-level earnings summary.
