Workday (WDAY) Research & Development (2011 - 2026)
Workday (WDAY) posted Research & Development of $747.0 million for Q3 2026, up 8.1% on a QoQ basis from $691.0 million in Q1 2026, and up 13.18% year-over-year from $660.0 million in Q3 2025.
Analysis
Workday (WDAY) Research & Development (2011 - 2026) Analysis & Trends
Workday has reported Research & Development for 16 years, with the latest figure at $747.0 million in Q3 2026.
- On a quarterly basis, Research & Development rose 13.18% year-over-year to $747.0 million in Q3 2026; TTM through Jul 2026 was $2.8 billion, a 4.95% increase from a year earlier, with the FY2026 full-year figure at $2.7 billion, up 2.02% from the prior year.
- Research & Development was $747.0 million for Q3 2026 at Workday, up from $691.0 million in the prior quarter.
- The five-year high for Research & Development was $747.0 million in Q3 2026, with the low at $537.5 million in Q1 2022.
- Average Research & Development over 5 years is $628.5 million, with a median of $641.0 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: Research & Development grew 24.17% in 2022, then climbed 1.07% in 2025.
- Over 5 years, Research & Development stood at $565.7 million in 2022, then advanced by 9.42% to $619.0 million in 2023, then increased by 4.52% to $647.0 million in 2024, then advanced by 4.64% to $677.0 million in 2025, then climbed by 10.34% to $747.0 million in 2026.
- The last three Research & Development figures came in at $747.0 million (Q3 2026), $691.0 million (Q1 2026), and $677.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Oracle | 457.43 Bn | 426.08 Bn | - | 2.61 Bn |
| 2 | Sap Se | 264.23 Bn | 243.15 Bn | 8.40 Bn | -2.14 Bn |
| 3 | Workday | 47.22 Bn | 43.82 Bn | 2.21 Bn | 747.00 Mn |
| 4 | Roper Technologies | 40.28 Bn | 39.92 Bn | 1.47 Bn | - |
| 5 | Fidelity National Information Services | 21.61 Bn | 20.87 Bn | 1.17 Bn | - |
| 6 | Tyler Technologies | 17.53 Bn | 16.56 Bn | 307.06 Mn | 62.83 Mn |
| 7 | Brightstar Lottery | 2.11 Bn | 2.72 Bn | 299.00 Mn | 14.00 Mn |
| 8 | i3 Verticals | 441.95 Mn | 559.09 Mn | 36.75 Mn | - |
| 9 | Netsol Technologies | 48.20 Mn | 36.07 Mn | 9.03 Mn | 247,713.00 |
| 10 | Mind Cti | 20.58 Mn | 7.11 Mn | 2.55 Mn | 1.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 747.00 Mn |
| Jan 31, 2026 | 691.00 Mn |
| Oct 31, 2025 | 677.00 Mn |
| Jul 31, 2025 | 660.00 Mn |
| Apr 30, 2025 | 663.00 Mn |
| Jan 31, 2025 | 674.00 Mn |
| Oct 31, 2024 | 647.00 Mn |
| Jul 31, 2024 | 649.00 Mn |
| Apr 30, 2024 | 656.00 Mn |
| Jan 31, 2024 | 635.00 Mn |
| Oct 31, 2023 | 619.00 Mn |
| Jul 31, 2023 | 610.00 Mn |
| Apr 30, 2023 | 600.00 Mn |
| Jan 31, 2023 | 591.93 Mn |
| Oct 31, 2022 | 565.73 Mn |
| Jul 31, 2022 | 547.84 Mn |
| Apr 30, 2022 | 541.51 Mn |
| Jan 31, 2022 | 537.52 Mn |
| Oct 31, 2021 | 455.62 Mn |
| Jul 31, 2021 | 444.25 Mn |