# Workday shares jumped nearly 12 per cent premarket on Friday after the enterprise software maker beat first-quarter revenue and profit estimates.

*genai · news · 2026-05-22 · Bnn Bloomberg*

## Key points

- Workday beat first-quarter revenue and profit estimates, causing shares to jump nearly 12 percent premarket.
- Net new business contributed 40 percent of Workday's 14.3 percent subscription revenue growth.
- Workday maintained its annual subscription revenue forecast despite surpassing quarterly expectations.
- Workday's quarterly adjusted profit was $2.66 per share, exceeding analysts' estimate of $2.51.

**Companies:** Workday
**Countries:** United States

[Read the full story on Bnn Bloomberg](https://www.bnnbloomberg.ca/business/2026/05/22/workday-shares-jump-as-ai-demand-eases-investor-concerns/)

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