Workday (WDAY) Research & Development (2011 - 2026)
Workday's Research & Development was $747 million in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 13.2% from $660 million a year earlier.
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Analysis
Workday (WDAY) Research & Development (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Workday's Research & Development was $2.76 billion through Jul 31, 2026, up 4.5% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at $2.68 billion, up 2.0% from FY2025.
- Research & Development has now increased for 14 consecutive fiscal years, with a five-year compound annual growth rate of 9.3% (FY2021 to FY2026).
- In earlier fiscal years, Research & Development was $2.63 billion in FY2025 (+6.6%), $2.46 billion in FY2024 (+9.7%), $2.25 billion in FY2023 (+19.6%) and $1.88 billion in FY2022 (+9.2%).
- The fiscal Q2 2027 figure marks the highest quarterly Research & Development in data going back to fiscal Q3 2012.
- The year-over-year growth in Research & Development has ranged between 1.1% (fiscal Q1 2026) and 24.2% (fiscal Q3 2023) over the last five years.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | 192.51 Mn |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | 2.40 Bn |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | -2.14 Bn |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 1.69 Bn |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 915.00 Mn |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 265.90 Mn |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 857.00 Mn |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | 23.10 Mn |
| 10 | Workday | 45.49 Bn | 21.61 Bn | 2.00 Bn | 747.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 747.00 Mn |
| Jan 31, 2026 | 691.00 Mn |
| Oct 31, 2025 | 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 |
API Access
Workday Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=WDAY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "WDAY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=WDAY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();