### Key Financial Metrics
- Total Revenue: $2.24 billion, up 13% YoY
- Subscription Revenue: $2.059 billion, up 13% YoY (15% adjusting for leap year)
- Net Income: $68 million, down 36.45% YoY
- EBITDA: $289 million, contributing a margin ratio of 12.9%
- Gross Profit Margin: 76.03%
- Non-GAAP Operating Margin: 30.2%
### Revenue Breakdown
- U.S. Revenue: $1.68 billion, up 13% YoY
- International Revenue: $559 million, up 13% YoY
- Subscription Revenue Backlog: $7.63 billion, up 15.6% YoY
- Gross Revenue Retention Rate: 98%
Commentary: Management highlighted strong demand for AI products, with over 25% of customer expansions incorporating AI solutions, indicating a robust push towards AI integration. CEO Carl Eschenbach noted, 'Our customers are investing in us because they know a path to leveraging AI is through the Workday platform.'