Workday (WDAY) Research & Development (2011 - 2026)
Workday (WDAY) posted quarterly Research & Development of $738.0 million for Q1 2026, up 17.52% year-over-year from $628.0 million in Q1 2025, and up 10.81% quarter-over-quarter from $666.0 million in Q4 2025.
Workday (WDAY) Research & Development (2011 - 2026) Analysis & Trends
Workday's Research & Development history runs 16 years deep, the most recent figure standing at $738.0 million for Q1 2026.
- In Q1 2026, Research & Development rose 17.52% year-over-year to $738.0 million; the TTM figure through Jan 2026 stood at $2.7 billion (up 9.21% YoY), while the FY2026 annual figure was $2.7 billion, up 10.16% from the prior year.
- Research & Development for Q1 2026 stood at $738.0 million, up from $666.0 million in the prior quarter.
- The five-year high for Research & Development was $738.0 million in Q1 2026, with the low at $186.9 million in Q1 2023.
- The 5-year median for Research & Development is $573.0 million (2024), against an average of $572.4 million.
- The sharpest annual moves came in 2022 and 2023: Research & Development jumped 1198.01% in 2022, then tumbled 65.22% in 2023.
- Workday's Research & Development stood at $565.7 million in 2022, then dropped by 4.9% to $538.0 million in 2023, then advanced by 20.26% to $647.0 million in 2024, then increased by 2.94% to $666.0 million in 2025, then advanced by 10.81% to $738.0 million in 2026.
- Business Quant data shows WDAY's Research & Development at $738.0 million in Q1 2026, $666.0 million in Q4 2025, and $660.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | Workday | 51.48 Bn | 46.04 Bn | 2.12 Bn | 738.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 738.00 Mn |
| Oct 31, 2025 | 666.00 Mn |
| Jul 31, 2025 | 660.00 Mn |
| Apr 30, 2025 | 663.00 Mn |
| Jan 31, 2025 | 628.00 Mn |
| Oct 31, 2024 | 647.00 Mn |
| Jul 31, 2024 | 649.00 Mn |
| Apr 30, 2024 | 573.00 Mn |
| Jan 31, 2024 | 635.00 Mn |
| Oct 31, 2023 | 538.00 Mn |
| Jul 31, 2023 | 524.00 Mn |
| Apr 30, 2023 | 519.00 Mn |
| Jan 31, 2023 | 186.93 Mn |
| Oct 31, 2022 | 565.73 Mn |
| Jul 31, 2022 | 458.70 Mn |
| Apr 30, 2022 | 541.51 Mn |
| Jan 31, 2022 | 537.52 Mn |
| Oct 31, 2021 | 366.32 Mn |
| Jul 31, 2021 | 358.16 Mn |
| Apr 30, 2021 | 441.62 Mn |