Tim Beyers

Let me give you some numbers here for the quarter.

Non-gap operating margin of 28.5%.

I think that's pretty good.

The overall, on a non-GAAP basis, that margin was up 215 basis points year over year.

That is very good, if that can continue.

Operating cash flow was up just about 45% year over year to $588 million.

And then, of course, lots more AI.

Everybody's talking about this.

What Workday said specifically is that

AI products added more than 1.5 points of ARR growth this quarter, and 75% of net new deals and 35% of all customer expansions were AI-related.

Subscription revenue grew 15% to $2.244 billion.

Dave, starting with you again here, what do you make of where Workday is here?

Big cloud-based enterprise resource planning company.

Yeah, that's fair.

These are the guys that founded and sold PeopleSoft.

Thankfully, they called their new cloud version of what is effectively PeopleSoft Workday and not something like Cloud People, because that would be terrible.

Workday is a better name.

Cloud people would make a great kids series, but I don't think it's a good name for an enterprise software company.

But where do you land on this, Asit?

They did say that most of the big tech companies really didn't say anything about impacts from the government shutdown.