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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 NewsWorkday Introduces AI Research Team Dedicated to Advancing Reliable, Trustworthy, and Efficient Enterprise AI
Workday has launched Workday AI Research to tackle enterprise AI challenges including agent memory, explainability and multi-agent orchestration. Its latest research reports 12% higher memory precision, ~8% better quality and 5.8% higher mu
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
Cornerstone Launches Workforce AI to Redefine Enterprise Workforce Readiness
Cornerstone has launched Cornerstone Workforce AI™, an intelligence platform for workforce readiness powered by Cornerstone People Graph™, Cornerstone Skills Engine, 55,000+ skills, 1B+ workforce profiles, labor market intelligence, and Rea
Venture CapitalGreenhouse Acquires Ezra AI Labs to Reinvent AI Interviewing with Voice Conversations
Greenhouse is acquiring Ezra AI Labs ,to bring voice-based AI interviews into its hiring platform. With applications per recruiter up 412% since 2023 and 74% of candidates using AI, the deal aims to improve early-stage screening with struct
Venture CapitalPhenom Acquires Plum to Verify What AI Can’t Fake: Human Behavior at Work
Phenom has acquired Plum , following its February 2026 acquisition of Be Applied, to complete a full-spectrum assessment stack for AI-era hiring. Plum’s Role Model™ maps behavioral blueprints against 40,000+ jobs and claims 4x greater accur
Product NewsSan Francisco Identity Platform Persona Launches Candidate Verification to Combat Hiring Fraud
Identity platform provider Persona has launched a new Candidate Verification solution designed to help companies verify the real-world identity of job applicants during the hiring process. The product integrates directly with leading applic
Product NewsADP Builds Responsible AI HR Platform Across Payroll, Talent and Workforce Operations
ADP announced the launch of a dedicated AI agents destination within ADP Marketplace, the world’s largest digital HR storefront. The initiative introduces curated partner AI agents that integrate directly with ADP systems to orchestrate wor
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
Venture CapitalEverFi Spins Out ComplyEQ as Dedicated Human-Centered Workplace Compliance Brand
ComplyEQ officially launches as a standalone workplace compliance brand under EverFi, serving millions of learners with 30 years of experience. Its portfolio spans harassment prevention, DEI, workplace violence, AI, and privacy—aimed at tur
Product NewsADP Launches ADP Assist AI Agents Powered by 1.1M Clients and 42M Workers Globally
ADP launches new ADP Assist AI agents to automate payroll and HR tasks. Built on data from 1.1M clients across 140+ countries and 42M wage earners, the agents audit payroll variances, guide tax registration, answer policy questions and trig
Venture CapitalAI Compensation Platform Compa Secures $35M Series B for Real-Time Pay Intelligence
Compa , an AI-driven compensation intelligence platform headquartered in Newport Beach, California, has raised $35 million in Series B funding led by Jump Capital, with participation from Crosslink Capital, Storm Ventures, Permanent Capital
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 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
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 NewsWorkday Introduces New Custom AI Model Library to Power Smarter, Faster Contract Reviews
Workday has unveiled its new Custom AI Model Library for the Workday Contract Intelligence Agent , powered by Evisort. With over 120 pre-built AI models , this release enhances Workday’s enterprise AI capabilities by enabling automatic cont
Venture CapitalViven Raises $35 Million Seed Round to Launch AI Digital Twins for Enterprises
Viven, founded by Eightfold’s co-founders Ashutosh Garg and Varun Kacholia, has emerged from stealth with $35 million seed funding from Khosla Ventures, Foundation Capital, FPV Ventures, and others. Based in Santa Clara, California, Viven i
Product NewsDaybright Launches AI Suite to Reinvent Employee Benefits Enrollment
Daybright Financial has introduced a new suite of AI-powered tools aimed at radically simplifying the employee benefits experience. These solutions include AI-generated benefit guides, microsites, personalized communications, decision suppo
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
Product NewsTrackforce Launches ReportPro AI to Elevate Security Incident Reporting with Real-Time AI Assistance
Trackforce has launched ReportPro AI, a groundbreaking enhancement to its TrackTik platform, aimed at transforming incident reporting for security teams. The solution leverages real-time AI to improve reporting accuracy, generate instant ex
Company NewsParafin and Gusto Launch Payroll Bridge: Line of Credit to Help 400K+ SMBs Pay Staff on Time
Parafin and Gusto have partnered to launch Payroll Bridge, a payroll line of credit designed to help small businesses cover payroll during cash flow gaps. Integrated directly into Gusto’s platform, the solution ensures employees are paid on
Company NewsADP Unveils AI Features Built for HR's Biggest Challenges at Innovation Day 2025
At its 2025 Innovation Day, ADP unveiled new AI-powered features across Workforce Now®, ADP Global Payroll®, and ADP Lyric HCM®, designed to solve HR’s biggest pain points. The enhancements, built on ADP Assist, focus on proactive payroll a
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
Product NewsBrainbase Labs Leverages AWS to Launch Kafka Workforce: a Highly-Specialized AI Employee Platform for Enterprise
Brainbase Labs launched Kafka Workforce , an enterprise platform on AWS that lets companies onboard highly-specialized AI employees —in under an hour via natural language. Each AI worker has its own computer, persistent storage, browser, te
Product NewsZipRecruiter Brings Breakroom to U.S., Delivering 1M+ Real Workplace Ratings for Frontline Jobs
ZipRecruiter has launched Breakroom in the U.S., a workplace rating platform designed for frontline industries such as retail, hospitality, and logistics. With over one million employee ratings, Breakroom offers role- and location-specific
Company NewsZipRecruiter Q2 2025 Revenue Hits $112.2M, Signals Possible Q4 YoY Growth
ZipRecruiter reported Q2 2025 revenue of $112.2 million, with a net loss of $9.5 million (−8% margin) and Adjusted EBITDA of $9.3 million (8% margin). Despite a still-soft labor market, sequential growth in Paid Employers since Q4 2024 and
EarningsTriNet Announces Second Quarter 2025 Results & Reaffirms Full Year 2025 Guidance
TriNet reported its Q2 2025 earnings, maintaining total revenue at $1.238 billion, essentially flat year-over-year. Despite a 4% decline in average WSEs and an 8% drop in professional services revenue, the company reaffirmed its full-year g
NewsLightcast Acquires Rhetorik to Expand Global People, Company, and Labor Market Intelligence
Lightcast , a global labor market intelligence leader, has acquired UK-based Rhetorik to significantly enhance its data capabilities. This strategic acquisition brings together Lightcast’s demand-side labor insights with Rhetorik’s supply-s
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