Workday WDAY
NASDAQ WDAY
$203.98 +8.78 (+4.50%)
At close: Oct 20, 2026 · 4:00 PM EDT

Workday (WDAY) Tax Rate (2021 - 2026)

Updated

Workday (WDAY) posted Tax Rate of -93.27% for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 118.27 percentage points from 25.00% a year earlier.

Analysis

Workday (WDAY) Tax Rate (2021 - 2026) Analysis & Trends

For the trailing twelve months through Jul 31, 2026, Tax Rate at Workday was -1.95%, down 24.63 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it came in at 31.32%, up 13.76 percentage points from FY2025.

  • Annual Tax Rate shows a five-year change of +33.97 percentage points (FY2021 to FY2026).
  • In prior fiscal years, Workday's Tax Rate was 17.55% in FY2025 (+305.48 pp), -287.92% in FY2024 (-246.77 pp), -41.15% in FY2023 (+40.10 pp) and -81.25% in FY2022 (-78.60 pp).
  • The fiscal Q2 2027 figure stands as the lowest quarterly Tax Rate since fiscal Q4 2024.
  • On a year-over-year basis, Tax Rate increased in six of the last seven quarters, with an average year-over-year change of +103.72 percentage points.
  • The strongest year-over-year quarter for Tax Rate in the past five years was fiscal Q4 2025, with a gain of 782.54 percentage points; the weakest was fiscal Q4 2024, with a drop of 699.33 percentage points.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Palantir Technologies 462.03 Bn 430.98 Bn 1.64 Bn 1.42%
2 Oracle 387.48 Bn 259.61 Bn - 15.11%
3 Sap Se 266.80 Bn 194.59 Bn 8.40 Bn -
4 Salesforce 199.03 Bn 154.91 Bn 8.70 Bn 22.54%
5 ServiceNow 154.48 Bn 132.94 Bn 2.82 Bn 31.96%
6 Automatic Data Processing 117.71 Bn 99.83 Bn 2.51 Bn 22.20%
7 Intuit 92.43 Bn 71.78 Bn 3.44 Bn 32.78%
8 Relx 72.15 Bn 71.24 Bn - -
9 Thomson Reuters 50.59 Bn 47.38 Bn - 12.54%
10 Workday 50.01 Bn 26.13 Bn 2.00 Bn -
Historic Data

Historic Data

Download Data
DateValue
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%
Oct 31, 2023 11.63%
Jul 31, 2023 3.66%
Apr 30, 2023 100.00%
Oct 31, 2021 4.59%
API Access

Workday Tax Rate 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=tax-rate&ticker=WDAY&period=max&api_key=YOUR_API_KEY