Workday (WDAY) Tax Rate (2011 - 2026)
Workday (WDAY) posted Tax Rate of 93.27% for Q3 2026, down 306.92% on a QoQ basis from 45.08% in Q1 2026, and down 11827.0% year-over-year from N/an in Q3 2025.
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Analysis
Workday (WDAY) Tax Rate (2011 - 2026) Analysis & Trends
Workday has reported Tax Rate for 16 years, with the latest figure at 93.27% in Q3 2026.
- On a quarterly basis, Tax Rate fell 11827.0% year-over-year to 93.27% in Q3 2026; TTM through Jul 2026 was 1.95%, a 2463.0% decrease from a year earlier, with the FY2026 full-year figure at 31.32%, up 1376.0% from the prior year.
- Tax Rate was 93.27% for Q3 2026 at Workday, down from 45.08% in the prior quarter.
- The five-year high for Tax Rate was 100.0% in Q2 2023, with the low at 760.87% in Q1 2024.
- Average Tax Rate over 5 years is 46.16%, with a median of 12.46% recorded in 2022.
- The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 69933 bps in 2024, then jumped 78254 bps in 2025.
- Over 5 years, Tax Rate stood at 237.22% in 2022, then jumped by 105 bps to 11.63% in 2023, then increased by 29 bps to 14.98% in 2024, then jumped by 70 bps to 25.44% in 2025, then plunged by 467 bps to 93.27% in 2026.
- The last three Tax Rate figures came in at 93.27% (Q3 2026), 45.08% (Q1 2026), and 25.44% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Oracle | 457.43 Bn | 426.08 Bn | - | 50.36% |
| 2 | Sap Se | 264.23 Bn | 243.15 Bn | 8.40 Bn | -26.51% |
| 3 | Workday | 47.22 Bn | 43.82 Bn | 2.21 Bn | -93.27% |
| 4 | Roper Technologies | 40.28 Bn | 39.92 Bn | 1.47 Bn | 10.67% |
| 5 | Fidelity National Information Services | 21.61 Bn | 20.87 Bn | 1.17 Bn | 21.36% |
| 6 | Tyler Technologies | 17.53 Bn | 16.56 Bn | 307.06 Mn | 22.48% |
| 7 | Brightstar Lottery | 2.11 Bn | 2.72 Bn | 299.00 Mn | 11.11% |
| 8 | i3 Verticals | 441.95 Mn | 559.09 Mn | 36.75 Mn | 18.26% |
| 9 | Netsol Technologies | 48.20 Mn | 36.07 Mn | 9.03 Mn | 33.30% |
| 10 | Mind Cti | 20.58 Mn | 7.11 Mn | 2.55 Mn | 9.04% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -93.27% |
| Jan 31, 2026 | 45.08% |
| Oct 31, 2025 | 25.44% |
| Jul 31, 2025 | 25.00% |
| Apr 30, 2025 | 33.98% |
| Jan 31, 2025 | 21.67% |
| Oct 31, 2024 | 14.98% |
| Jul 31, 2024 | 21.43% |
| Apr 30, 2024 | 13.01% |
| Jan 31, 2024 | -760.87% |
| Oct 31, 2023 | 11.63% |
| Jul 31, 2023 | 3.66% |
| Apr 30, 2023 | 100.00% |
| Jan 31, 2023 | -61.54% |
| Oct 31, 2022 | -237.22% |
| Jul 31, 2022 | 4.05% |
| Apr 30, 2022 | -9.86% |
| Jan 31, 2022 | 11.90% |
| Oct 31, 2021 | 4.59% |
| Jul 31, 2021 | -3.80% |