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| 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 |