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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Workday Revenue Hits $2.649 Billion as AI Drives More Than 25% of New ACV
Workday reported fiscal 2027 second-quarter revenue of $2.649 billion, up 12.8% year over year, with subscription revenue rising 13.9% to $2.471 billion. More importantly, AI is beginning to show measurable commercial impact: CEO Aneel Bhus
Company NewsADP Reports $21.95 Billion in Fiscal 2026 Revenue as AI Adoption Accelerates Across HCM, Service, and Sales
ADP closed fiscal 2026 with broad-based growth across revenue, earnings, client retention, and AI-enabled product adoption. Full-year revenue increased 7% to $21.95 billion, while net earnings rose 8% to $4.41 billion. Adjusted EBIT reached
Paylocity Acquires AI-Native Leave Management Platform Aidora to Expand HCM Compliance Automation
Paylocity has acquired Aidora, an AI-native leave management compliance software company, to strengthen its HR platform with more automated, employee-friendly leave administration. Announced on July 9, 2026, the transaction adds a natural language interaction...
Shore Capital Acquires Denver-Based ThrivePass to Accelerate Employee Benefits Technology Growth
Shore Capital Partners has acquired Denver-based ThrivePass, an employee benefits technology platform serving employers, brokers and PEOs. Financial terms were not disclosed. ThrivePass supports lifestyle spending accounts, rewards, tuition reimbursement, COBRA administration and pre-tax...
Korn Ferry to Acquire UK-Based AMS for Approximately £850M, Creating a Global Talent and Organizational Consulting Leader
Korn Ferry will acquire UK-headquartered AMS from OMERS Private Equity for approx. £850M / $1.1B. The combined firm will have 16,000+ colleagues, operate across 120+ countries, and place a professional in a job about...
Paychex Reaches $6.512B in FY2026 Revenue as Paycor Integration and WISE AI Engine Drive Momentum
Paychex reported FY2026 revenue of $6.512B, up 17%, with adjusted operating income rising 19% to $2.815B. Q4 revenue increased 12% to $1.606B, supported by Paycor integration and growth across Management Solutions, PEO, insurance, and...
Workday Announces Fiscal 2027 First Quarter Financial Results
Workday reported fiscal 2027 first-quarter revenue of $2.542 billion, up 13.5% year over year, with subscription revenue reaching $2.354 billion, up 14.3%. The company also delivered stronger profitability, with GAAP operating income of $33
Company NewsWorkday, Anthropic, and Local Initiatives Support Corporation (LISC) Launch AI-Focused Solopreneurship Accelerator Program
Workday , Anthropic, and LISC have launched an AI-focused Solopreneurship Accelerator in the U.S. The pilot will support 15 entrepreneurs with $10,000 grants, Claude AI credits, AI skills training, and coaching support. The program focuses
ColumnADP Q3 Earnings: $5.9B Revenue Driven by AI and Client Funds Interest
ADP reported strong Q3 Fiscal 2026 results, with revenue increasing 7% to $5.9 billion and adjusted diluted EPS rising 10% to $3.37. The company also raised its full-year guidance, now expecting revenue growth of 6–7% and EPS growth of 10–1
HotNewsStarbucks Announces New Incentive Rewards Program to Create More Opportunities for Partners to Share in Success
Starbucks launched a new incentive rewards program for U.S. hourly partners. Baristas and shift supervisors can earn up to $1,200 annually via quarterly bonuses tied to store performance and customer experience. Expanded tipping and weekly
Venture CapitalParaform Raises $40 Million Series B to Scale Its AI-Powered Hiring Platform, Bringing Total Funding to $65 Million
Paraform announced its Series B, bringing total funding to $65M. The round was led by Scale Venture Partners, with participation from Felicis, A* Capital, and Liquid 2 Ventures. Axios reported the Series B itself was $40M. Paraform says it
Venture CapitaleTip Acquires Shiny Solutions to Expand Its End-to-End Workforce Engagement Platform for Hospitality and Service Industry
eTip has acquired Shiny Solutions to expand beyond digital tipping into a broader workforce engagement platform for hospitality and service operators. The combined offering adds recruitment, scheduling, recognition, and AI insights as labor
ColumnWorkday Announces Fiscal 2026 Fourth Quarter and Full Year Financial Results
Workday reported strong fiscal 2026 fourth quarter and full-year results, underscoring sustained growth and expanding profitability as it accelerates its enterprise AI strategy. Q4 total revenues reached $2.532 billion, up 14.5% year-over-y
Company NewsTriNet Announces Fourth Quarter, Fiscal Year 2025 Results, and Full Year 2026 Guidance
TriNet reported FY2025 revenue of $5.010B (-1% YoY), with average WSEs down 5% to 333,886. Adjusted EBITDA reached $425M (8.5% margin) and Free Cash Flow rose 16% to $234M. FY2026 revenue guidance: $4.75B–$4.90B. Stock repurchase authorizat
Company NewsWorkday Announces CEO Transition as Co-Founder Aneel Bhusri Returns to Lead the Company's Next Chapter
Workday announced an immediate CEO transition as co-founder Aneel Bhusri returns to lead the company, replacing Carl Eschenbach , who steps down after guiding the business through global expansion and tighter operational discipline. Bhusri’
Company NewsADP Reports Q2 FY2026 Revenue of $5.4 Billion, Up 6% Year over Year
ADP Reports Second Quarter Fiscal 2026 Results •Revenues increased 6% compared to last year's second quarter to $5.4 billion; 5% organic constant currency •Net earnings increased 10% to $1.1 billion, and adjusted net earnings increased 10%
Venture CapitalGusto Partners with zerohash to Enable Instant Global Stablecoin Payouts
Gusto has partnered with zerohash to introduce instant, global stablecoin payout capabilities across its payments platform, currently available in beta. By integrating zerohash’s regulated, enterprise-grade onchain settlement infrastructur
Company NewsPaychex Delivers 18% Revenue Growth in FY2026 Q2, Accelerated by Paycor Acquisition and AI Innovation
Paychex reported strong second-quarter results for fiscal year 2026, delivering 18% year-over-year revenue growth and continued progress toward its long-term strategy of building a comprehensive, AI-enabled human capital management platform
Company NewsKorn Ferry Announces Second Quarter Fiscal 2026 Results of Operations
Korn Ferry reports Q2 FY'26 fee revenue of $721.7 million, an increase of 7% year-over-year, 6% at constant currency. Fee revenue grew 10% and 17% year-over-year in Executive Search and Professional Search & Interim, respectively. Net incom
Company NewsWorkday Announces Fiscal 2026 Third Quarter Financial Results
Workday delivered another strong quarter in fiscal 2026 Q3, underscoring both the resilience of its core subscription business and the early returns from its AI strategy. Total revenue rose 12.6% year-over-year to $2.432 billion, with subsc
Company NewsKelly Reports Third-Quarter 2025 Earnings
Kelly (Nasdaq: KELYA, KELYB) reported Q3 2025 revenue of $935.0M, down 9.9% YoY, with underlying revenue down ~2% after ~8% discrete headwinds tied to U.S. federal contractors and three large customers. A $102.0M non-cash goodwill impairmen
Company NewsUpwork Reports Third Quarter 2025 Financial Results
Upwork posted record Q3 2025 results with revenue of $201.7M (+4% YoY), GAAP net income of $29.3M (+6% YoY), and an all-time-high adjusted EBITDA of $59.6M (30% margin). AI work on the marketplace accelerated—AI-related GSV rose 53% YoY whi
ColumnADP Reports First Quarter Fiscal 2026 Results
ADP reported Q1 FY26 revenue of $5.2B (+7%, +6% organic cc) and adjusted EPS of $2.49 (+7%) , with adjusted EBIT up 7% and margin flat at 25.5% . Employer Services grew 7% ; PEO grew 7% with average WSEs up 2% to ~754k . Interest on funds h
Company NewsTriNet Q3 2025 Earnings — Revenue $1.2 Billion with Adjusted EBITDA of $100 Million
TriNet Group, a leading HR solutions provider for small and midsize businesses, reported Q3 2025 revenue of $1.2 billion, down 2% year over year. Net income fell to $34 million ($0.70 per share), while adjusted EBITDA reached $100 million (
Product NewsThe Talent Studios Launches Determined People™, Agentic AI Hiring Platform Built on 20 Years of Executive Search Expertise
The Talent Studios has launched Determined People™ , an agentic AI-enabled cognitive engine designed to transform recruitment into a precise, evidence-driven science. Built by veteran executive search consultants and technology teams across
Product NewsDraup Launches Etter.ai to Redefine Workforce Planning with Agentic AI
Draup has launched Etter.ai , an agentic AI platform designed to help enterprises transform their workforce strategies. Built on Draup’s extensive global labor and market data, Etter decomposes job roles into individual tasks, classifying t
Venture CapitalUtah’s Sequifi Raises $6.7M to Reduce Turnover in Skilled Trades with Same-Day Pay
Sequifi , a Utah-based workforce infrastructure platform for the home services industry, has raised $6.7 million in seed funding led by Cervin Ventures with participation from Frazier Group and Tokyo Black. The company aims to address sever
Company NewsWorkday Q2 FY26 Revenue Rises 12.6% to $2.35B, Raises Full-Year Guidance
Workday reported strong fiscal 2026 Q2 results with total revenue of $2.35 billion, up 12.6% year-over-year, driven by 14% growth in subscription revenue. Operating income more than doubled, while non-GAAP operating margin reached 29%. Net
Company NewsWorkday and DailyPay Partner to Deliver On-Demand Pay Across U.S. and Canada
Workday and DailyPay have announced a strategic partnership to provide on-demand pay solutions for millions of workers across the U.S. and Canada. The integration with Workday HCM and Payroll will allow employees, particularly frontline and
Company NewsUpwork Reports Second Quarter 2025 Financial Results
Upwork reported strong Q2 2025 financial results, with record revenue of $194.9 million , GAAP net income of $32.7 million , and adjusted EBITDA of $57.1 million , marking a 17% profit margin and a record 29% EBITDA margin. The company rais
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