Workday Inc. reported first-quarter fiscal 2025 earnings that surpassed analyst expectations, with total revenue reaching $2.24 billion, a 12.6% increase year-over-year compared to estimates of $2.22 billion. Subscription revenues rose 13.4% to $2.059 billion. The company posted an adjusted earnings per share (EPS) of $2.23, exceeding the projected $2.01 and reflecting a 28.2% year-over-year increase. GAAP diluted net income per share was $0.25. Workday's adjusted operating income stood at $677 million, with an anticipated full-year adjusted EBIT margin of 28.5%. The 12-month subscription revenue backlog increased 15.6% year-over-year to $7.63 billion. The company reiterated its full-year subscription revenue guidance of $8.8 billion, representing a 14.0% increase year-over-year. Despite the strong earnings report, Workday's shares declined approximately 6% in after-hours trading. CEO Aneel Bhusri described the quarter as "another solid quarter."