Workday (WDAY) Tax Rate (2011 - 2026)
Workday (WDAY) posted quarterly Tax Rate of 45.08% for Q1 2026, up 2341.0% year-over-year from 1.85% in Q1 2025, and up 77.16% quarter-over-quarter from 25.44% in Q4 2025.
Workday (WDAY) Tax Rate (2011 - 2026) Analysis & Trends
Workday's Tax Rate history runs 16 years deep, the most recent figure standing at 45.08% for Q1 2026.
- In Q1 2026, Tax Rate rose 2341.0% year-over-year to 45.08%; the TTM figure through Jan 2026 stood at 31.32% (up 1376.0% YoY), while the FY2026 annual figure was 31.32%, up 1376.0% from the prior year.
- Tax Rate for Q1 2026 stood at 45.08%, up from 25.44% 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.
- The 5-year median for Tax Rate is 13.01% (2024), against an average of 43.39%.
- The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 69933 bps in 2024, then surged 78254 bps in 2025.
- Workday's Tax Rate stood at 237.22% in 2022, then surged by 105 bps to 11.63% in 2023, then climbed by 29 bps to 14.98% in 2024, then surged by 70 bps to 25.44% in 2025, then jumped by 77 bps to 45.08% in 2026.
- Business Quant data shows WDAY's Tax Rate at 45.08% in Q1 2026, 25.44% in Q4 2025, and 25.0% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -27.76% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 15.38% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 22.57% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 25.63% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 31.96% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 0.37% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 22.20% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 23.50% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 24.29% |
| 10 | Workday | 51.48 Bn | 46.04 Bn | 2.12 Bn | 45.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 45.08% |
| Jan 31, 2026 | 45.08% |
| Jan 31, 2026 | 45.08% |
| Oct 31, 2025 | 25.44% |
| Oct 31, 2025 | 25.44% |
| Oct 31, 2025 | 25.44% |
| Jul 31, 2025 | 25.00% |
| Jul 31, 2025 | 25.00% |
| Jul 31, 2025 | 25.00% |
| Apr 30, 2025 | 33.98% |
| Apr 30, 2025 | 33.98% |
| Apr 30, 2025 | 33.98% |
| Jan 31, 2025 | 21.67% |
| Jan 31, 2025 | 21.67% |
| Jan 31, 2025 | 21.67% |
| Oct 31, 2024 | 14.98% |
| Oct 31, 2024 | 14.98% |
| Oct 31, 2024 | 14.98% |
| Jul 31, 2024 | 21.43% |
| Jul 31, 2024 | 21.43% |