We just covered the Jeff Bezos Stock Portfolio: Top 10 Stock Picks and Workday, Inc. (NASDAQ:WDAY) ranks 4th on this list.
Jeff Bezos established a highly profitable enterprise software position by backing Workday, Inc. (NASDAQ:WDAY) well before it became a dominant force in cloud-based corporate management. In October 2011, Bezos Expeditions joined high-profile institutional asset managers like T. Rowe Price and Morgan Stanley to fund Workday’s $85 million Series F growth equity round. Founded by enterprise software pioneers Aneel Bhusri and Dave Duffield, Workday provided corporations with a unified, cloud-native alternative to legacy on-premise human capital management (HCM) and financial applications. Bezos’s investment underscored his clear understanding of the secular shift toward Software-as-a-Service (SaaS) architectures within major global enterprises.
Workday, Inc. (NASDAQ:WDAY) recently posted exceptional fiscal Q1 2026 financial results, delivering total quarterly revenue of $2.5 billion, representing 13% year-over-year growth, spearheaded by a 13% surge in subscription revenues to $2.4 billion. The company’s 12-month subscription revenue backlog climbed to $8.8 billion, providing top-line visibility. Non-GAAP operating margins expanded by 31%, driven by automated internal scaling and strong cross-selling of its advanced AI-driven Financial Management suites to existing HCM customers. Generating $616 million in quarterly free cash flow, Workday’s high customer retention rates and steady international expansion validate its premium positioning as an essential enterprise computing cornerstone.
While we acknowledge the potential of WDAY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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