Workday (WDAY) Research & Development (2011 - 2026)
Workday (WDAY) recorded quarterly Research & Development of $691.0 million in Q1 2026, up 3.75% quarter-over-quarter from $666.0 million in Q4 2025, and up 2.52% on a YoY basis from $674.0 million in Q1 2025.
Workday (WDAY) Research & Development (2011 - 2026) Analysis & Trends
Workday's Research & Development history runs 16 years deep, the most recent figure standing at $691.0 million for Q1 2026.
- In Q1 2026, Research & Development rose 2.52% year-over-year to $691.0 million; the TTM figure through Jan 2026 stood at $2.7 billion (up 2.06% YoY), while the FY2026 annual figure was $2.7 billion, up 2.02% from the prior year.
- Research & Development was $691.0 million for Q1 2026 at Workday, up from $666.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $691.0 million in Q1 2026 to a low of $537.5 million in Q1 2022.
- Historically, Research & Development has averaged $620.9 million across 5 years, with a median of $635.0 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Research & Development climbed 24.17% in 2022, then advanced 1.07% in 2025.
- A 5-year view of Research & Development shows it stood at $565.7 million in 2022, then gained by 9.42% to $619.0 million in 2023, then grew by 4.52% to $647.0 million in 2024, then rose by 2.94% to $666.0 million in 2025, then grew by 3.75% to $691.0 million in 2026.
- The last three Research & Development figures came in at $691.0 million (Q1 2026), $666.0 million (Q4 2025), and $660.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -37.02 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 951.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 437.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 1.63 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 508.44 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 823.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 253.90 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 1.20 Bn |
| 10 | Workday | 33.61 Bn | 28.17 Bn | 1.86 Bn | 691.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 691.00 Mn |
| Oct 31, 2025 | 666.00 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 |
| Apr 30, 2021 | 441.62 Mn |