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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 NewsHireQuest Q2 Profitability Surges as Staffing Market Shows Signs of Recovery
HireQuest reported Q2 2026 revenue of $8.1M, up 6.0% YoY. Excluding the MRINetwork divestiture, revenue grew 16.6% and system-wide sales rose 6.9%. Net income reached $2.7M, while Adjusted EBITDA increased to $4.6M. GOOSE CREEK, S.C.
Company NewsPaylocity FY2026 Revenue Reaches $1.771 Billion as Net Income Rises 18.8% and AI Strategy Accelerates
Paylocity closed fiscal 2026 with double-digit growth, stronger profitability, and an expanded product strategy spanning HR, Finance, and IT. Fourth-quarter revenue rose 11.0% year over year to $444.7 million, while recurring and other reve
CoAdvantage and PrimePay Launch CoAd, Unbundling Traditional PEO Services for the First Time
CoAdvantage and PrimePay have launched CoAd, a unified payroll, HR and PEO brand serving 17,000+ clients and processing over $15B in annual payroll. Its modular model lets employers access co-employment without being required to...
Cegid Acquires Shine to Build Europe’s First AI-Powered Financial and HR Hub for SMBs
Cegid has completed its acquisition of fintech unicorn Shine, creating Europe’s first fully integrated AI-driven financial hub for SMBs and accountants. The combined company now serves 1M+ SMBs, 15,000 accountants, operates across 7 Europea
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
Product NewsHR Rebooted Launches MyCareer Navigator, an AI Platform Helping Organizations Guide People Through Career Disruption
MyCareer Navigator delivers personalized risk scores, skill insights, transition planning, resume refinement, and interview practice to support clients, students, and job seekers navigating an AI-driven workforce. COLEBROOK, N.H. , May 7,
Product NewsWorkable launches embedded AI recruiting agent to handle job intake, sourcing, screening, and candidate engagement inside the ATS
Workable has launched Workable Agent, an AI recruiting agent embedded in its ATS. It helps define job requirements, source from 400M+ profiles, engage candidates, screen talent, and deliver interview-ready shortlists in days. Structured int
Product NewsU.S. startup back-office platform Every launches AI-native agents spanning payroll, benefits, HR compliance, and taxes
Every has launched new AI-native back-office agents for startups and SMBs, including AI CFO, AI Bookkeeper, and AI CHRO. The platform combines banking, payroll, benefits, HR compliance, bookkeeping, and taxes into one system, aiming to give
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
Venture CapitalSeattle-based AI Compliance Platform Certivo Raises $4M Seed Round
Seattle-based Certivo has raised a $4 million seed round led by Suffolk Technologies, with participation from Pioneer Square Ventures and other investors, to establish a new category: AI-native compliance automation. The company positions i
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 NewsPaylocity Announces Second Quarter Fiscal Year 2026 Financial Results
Paylocity Holding Corporation (Nasdaq: PCTY) reported second quarter fiscal year 2026 results (quarter ended December 31, 2025), highlighting double-digit revenue growth and expanding profitability. Recurring & other revenue reached $387.0
Venture CapitalPayoneer Acquires Ireland-Based EOR Platform Boundless to Expand European Workforce Capabilities
Payoneer (NASDAQ: PAYO) has acquired Ireland-based EOR platform Boundless , expanding its European presence and strengthening its Payoneer Workforce Management capabilities. The move follows Payoneer’s 2024 acquisition of Skuad and targets
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
Venture CapitalLondon-Based Ben Raises $27.5m Series B to Modernize Global Employee Benefits
Ben , a London-based AI-native employee benefits platform, has raised $27.5 million (£20.8m) in Series B funding to accelerate product development and expand its go-to-market capabilities for global enterprises. The round was led by Mercia
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 NewsHR in 2026 will be Defined by the Impact of AI Innovation on Work
The 2026 HR landscape is being shaped by three converging forces: rapid AI adoption, rising expectations for employee well-being, and a complex regulatory environment across states and countries. This report highlights how organizations are
Product NewsWorkWhile Unveils WorkWhile Pulse: Real-Time Labor Management for Unprecedented Insights
WorkWhile has launched WorkWhile Pulse , a real-time labor management command center that provides businesses with a live, unified view of their workforce operations. Designed to reduce the $185 billion inefficiency caused by traditional pe
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 NewsPaylocity Announces First Quarter Fiscal Year 2026 Financial Results
Paylocity reported a solid start to FY2026 with total revenue of $408.2M (+12% YoY) and recurring & other revenue of $378.9M (+14% YoY). Profitability remained strong, highlighted by adjusted EBITDA of $146.4M (35.9% margin) and GAAP net in
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
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 (
Venture CapitalADP Acquires Pequity
ADP has acquired Pequity, a 2019-founded compensation management platform, in a move to enhance its global HR and payroll capabilities. Pequity’s AI-powered tools combine spreadsheet familiarity with enterprise-grade automation, offering bu
Venture CapitalArya Health Secures $18.2M Series A to Power the Next Generation of AI Agents for Post-Acute Care Administration
Arya Health , a New York-based company, has secured a US $18.2 million Series A round to address the administrative burdens facing the post-acute care sector, which includes home health, hospice, and long-term care facilities. With regulati
Product NewsTeambridge unveils new AI workforce platform, automating the future of hourly workforce management at scale
In a major step toward transforming workforce operations, Teambridge today launched Teambridge AI , a first-of-its-kind outcome-oriented platform built specifically for contingent and hourly workforces. While most AI efforts have focused on
Venture CapitalHireRight Acquires BGC Brasil, Expanding Services in Latin America’s Largest Background Screening Market
HireRight, a leading global provider of background screening and workforce risk management solutions, has acquired BGC Brasil , one of Brazil’s top background check firms. The move significantly strengthens HireRight’s presence in Latin Ame
Company NewsADP Nominates Karen S. Lynch and Robert H. Swan to Board of Directors
ADP has nominated Karen S. Lynch, former CEO of CVS Health, and Robert H. Swan, former CEO and CFO of Intel, to its Board of Directors ahead of the November 12, 2025, Annual Meeting of Stockholders. With decades of leadership experience acr
Venture CapitalHelios Acquires ConnectaVerse to Strengthen Global Expansion and Compliance Capabilities
Helios Global Payments Solutions has acquired ConnectaVerse, a marketplace technology company specializing in international expansion and compliance services across 60 countries. This acquisition enhances Helios’ AI-powered HCM and payments
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
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