Workday (WDAY) Tax Rate (2011 - 2026)
Workday's quarterly Tax Rate came in at 45.08% in Q1 2026, up 2341.0% year-on-year from 1.85% in Q1 2025, and up 77.16% quarter-over-quarter from 25.44% in Q4 2025.
Workday has reported Tax Rate for 16 years, with the latest figure at 45.08% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 2341.0% year-over-year to 45.08%; the trailing twelve-month figure through Jan 2026 stood at 31.32% (up 1376.0% YoY), and the FY2026 full-year result 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.
- Average Tax Rate over 5 years is 43.39%, with a median of 13.01% recorded in 2024.
- Year-over-year, Tax Rate plunged 69933 bps in 2024 and surged 78254 bps in 2025.
- Tracing WDAY's Tax Rate over 5 years: 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 soared by 77 bps to 45.08% in 2026.
- The last three Tax Rate figures came in at 45.08% (Q1 2026), 25.44% (Q4 2025), and 25.0% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 25.31 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 39.11 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 8.36 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 30.31 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 21.59 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 22.01 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 23.68 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 24.29 |
| 10 | Workday | 33.97 Bn | 28.53 Bn | 1.86 Bn | 45.08 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 45.08 |
| Jan 31, 2026 | 45.08 |
| Oct 31, 2025 | 25.44 |
| Oct 31, 2025 | 25.44 |
| Jul 31, 2025 | 25.00 |
| Jul 31, 2025 | 25.00 |
| Apr 30, 2025 | 33.98 |
| Apr 30, 2025 | 33.98 |
| Jan 31, 2025 | 21.67 |
| Jan 31, 2025 | 21.67 |
| Oct 31, 2024 | 14.98 |
| Oct 31, 2024 | 14.98 |
| Jul 31, 2024 | 21.43 |
| Jul 31, 2024 | 21.43 |
| Apr 30, 2024 | 13.01 |
| Apr 30, 2024 | 13.01 |
| Jan 31, 2024 | -760.87 |
| Jan 31, 2024 | -760.87 |
| Oct 31, 2023 | 11.63 |
| Oct 31, 2023 | 11.63 |
| Jul 31, 2023 | 3.66 |
| Jul 31, 2023 | 3.66 |
| Apr 30, 2023 | 100.00 |
| Apr 30, 2023 | 100.00 |
| Jan 31, 2023 | -61.54 |
| Jan 31, 2023 | -61.54 |
| Oct 31, 2022 | -237.22 |
| Oct 31, 2022 | -237.22 |
| Jul 31, 2022 | 4.05 |
| Jul 31, 2022 | 4.05 |
| Apr 30, 2022 | -9.86 |
| Apr 30, 2022 | -9.86 |
| Jan 31, 2022 | 11.90 |
| Jan 31, 2022 | 11.90 |
| Oct 31, 2021 | 4.59 |
| Oct 31, 2021 | 4.59 |
| Jul 31, 2021 | -3.80 |
| Jul 31, 2021 | -3.80 |
| Apr 30, 2021 | 2.11 |
| Apr 30, 2021 | 2.11 |
| Jan 31, 2021 | -4.57 |
| Jan 31, 2021 | -4.57 |
| Oct 31, 2020 | -6.18 |
| Oct 31, 2020 | -6.18 |
| Jul 31, 2020 | 0.68 |
| Jul 31, 2020 | 0.68 |
| Apr 30, 2020 | -1.89 |
| Apr 30, 2020 | -1.89 |
| Jan 31, 2020 | 0.60 |
| Jan 31, 2020 | 0.60 |
| Oct 31, 2019 | -1.17 |
| Oct 31, 2019 | -1.17 |
| Jul 31, 2019 | 1.54 |
| Jul 31, 2019 | 1.54 |
| Apr 30, 2019 | -0.03 |
| Apr 30, 2019 | -0.03 |
| Jan 31, 2019 | 0.73 |
| Jan 31, 2019 | 0.73 |
| Oct 31, 2018 | 1.80 |
| Oct 31, 2018 | 1.80 |
| Jul 31, 2018 | 1.39 |
| Jul 31, 2018 | 1.39 |
| Apr 30, 2018 | 0.93 |
| Apr 30, 2018 | 0.93 |
| Jan 31, 2018 | -0.76 |
| Jan 31, 2018 | -0.76 |
| Oct 31, 2017 | -2.08 |
| Oct 31, 2017 | -2.08 |
| Jul 31, 2017 | -2.28 |
| Jul 31, 2017 | -2.28 |
| Apr 30, 2017 | -3.53 |
| Apr 30, 2017 | -3.53 |
| Jan 31, 2017 | 3.08 |
| Jan 31, 2017 | 3.08 |
| Oct 31, 2016 | -0.99 |
| Oct 31, 2016 | -0.99 |
| Jul 31, 2016 | 0.06 |
| Jul 31, 2016 | 0.06 |
| Apr 30, 2016 | -1.47 |
| Apr 30, 2016 | -1.47 |
| Jan 31, 2016 | -1.82 |
| Jan 31, 2016 | -1.82 |
| Oct 31, 2015 | -1.19 |
| Oct 31, 2015 | -1.19 |
| Jul 31, 2015 | 2.80 |
| Jul 31, 2015 | 2.80 |
| Apr 30, 2015 | -1.51 |
| Apr 30, 2015 | -1.51 |
| Jan 31, 2015 | -1.38 |
| Jan 31, 2015 | -1.38 |
| Oct 31, 2014 | -0.67 |
| Oct 31, 2014 | -0.67 |
| Jul 31, 2014 | -0.72 |
| Jul 31, 2014 | -0.72 |
| Apr 30, 2014 | -0.52 |
| Apr 30, 2014 | -0.52 |
| Jan 31, 2014 | -1.98 |
| Jan 31, 2014 | -1.98 |
| Oct 31, 2013 | -0.51 |
| Oct 31, 2013 | -0.51 |
| Jul 31, 2013 | -0.60 |
| Jul 31, 2013 | -0.60 |
| Apr 30, 2013 | -0.41 |
| Apr 30, 2013 | -0.41 |
| Jan 31, 2013 | -0.32 |
| Jan 31, 2013 | -0.32 |
| Oct 31, 2012 | -0.19 |
| Oct 31, 2012 | -0.19 |
| Jul 31, 2012 | 0.43 |
| Jul 31, 2012 | 0.43 |
| Apr 30, 2012 | -0.32 |
| Apr 30, 2012 | -0.32 |
| Jan 31, 2012 | 0.21 |
| Jan 31, 2012 | 0.21 |
| Oct 31, 2011 | -0.23 |
| Oct 31, 2011 | -0.23 |