Workday (WDAY) Research & Development (2011 - 2026)

Workday's (WDAY) quarterly Research & Development came in at $738.0 million in Q1 2026, up 17.52% year-on-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.

  • On a quarterly basis, Research & Development rose 17.52% year-over-year to $738.0 million in Q1 2026; TTM through Jan 2026 was $2.7 billion, a 9.21% increase from a year earlier, with the FY2026 full-year figure at $2.7 billion, up 10.16% from the prior year.
  • Research & Development advanced to $738.0 million in Q1 2026 per WDAY's latest filing, from $666.0 million in the prior quarter.
  • Across five years, Research & Development topped out at $738.0 million in Q1 2026 and bottomed 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.
  • Across the five-year window, Research & Development jumped 1198.01% in 2022 and plunged 65.22% in 2023, its largest moves.
  • Year by year, Research & Development stood at $565.7 million in 2022, then declined by 4.9% to $538.0 million in 2023, then climbed by 20.26% to $647.0 million in 2024, then rose by 2.94% to $666.0 million in 2025, then climbed by 10.81% to $738.0 million in 2026.
  • Per Business Quant, the three latest WDAY Research & Development figures stand at $738.0 million (Q1 2026), $666.0 million (Q4 2025), and $660.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -1.99 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -37.02 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 496.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 1.33 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 3.77 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 1.37 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 253.90 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 588.95 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 508.44 Mn
10 Workday 33.90 Bn 28.45 Bn 2.12 Bn 738.00 Mn

Historic Data

Download Data
DateValue
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