Workday Research and Development Expenses 2012-2026 | WDAY
Workday annual/quarterly research and development expenses history and growth rate from 2012 to 2026. Research and development expenses can be defined as an expense arising from studies and product development processes.
- Workday research and development expenses for the quarter ending April 30, 2026 were $705M, a 6.33% increase year-over-year.
- Workday research and development expenses for the twelve months ending April 30, 2026 were $2.722B, a 3.38% increase year-over-year.
- Workday annual research and development expenses for 2026 were $2.679B, a 2.02% increase from 2025.
- Workday annual research and development expenses for 2025 were $2.626B, a 6.57% increase from 2024.
- Workday annual research and development expenses for 2024 were $2.464B, a 9.66% increase from 2023.
|
Workday Annual Research and Development Expenses (Millions of US $) |
|
|---|---|
| 2026 | $2,679 |
| 2025 | $2,626 |
| 2024 | $2,464 |
| 2023 | $2,247 |
| 2022 | $1,879 |
| 2021 | $1,721 |
| 2020 | $1,550 |
| 2019 | $1,212 |
| 2018 | $911 |
| 2017 | $681 |
| 2016 | $470 |
| 2015 | $317 |
| 2014 | $182 |
| 2013 | $103 |
| 2012 | $62 |
|
Workday Quarterly Research and Development Expenses (Millions of US $) |
|
|---|---|
| 2026-04-30 | $705 |
| 2026-01-31 | $691 |
| 2025-10-31 | $666 |
| 2025-07-31 | $660 |
| 2025-04-30 | $663 |
| 2025-01-31 | $674 |
| 2024-10-31 | $647 |
| 2024-07-31 | $649 |
| 2024-04-30 | $656 |
| 2024-01-31 | $635 |
| 2023-10-31 | $619 |
| 2023-07-31 | $610 |
| 2023-04-30 | $600 |
| 2023-01-31 | $592 |
| 2022-10-31 | $566 |
| 2022-07-31 | $548 |
| 2022-04-30 | $542 |
| 2022-01-31 | $538 |
| 2021-10-31 | $456 |
| 2021-07-31 | $444 |
| 2021-04-30 | $442 |
| 2021-01-31 | $439 |
| 2020-10-31 | $420 |
| 2020-07-31 | $419 |
| 2020-04-30 | $443 |
| 2020-01-31 | $422 |
| 2019-10-31 | $402 |
| 2019-07-31 | $378 |
| 2019-04-30 | $348 |
| 2019-01-31 | $337 |
| 2018-10-31 | $318 |
| 2018-07-31 | $293 |
| 2018-04-30 | $264 |
| 2018-01-31 | $253 |
| 2017-10-31 | $240 |
| 2017-07-31 | $221 |
| 2017-04-30 | $196 |
| 2017-01-31 | $192 |
| 2016-10-31 | $185 |
| 2016-07-31 | $162 |
| 2016-04-30 | $142 |
| 2016-01-31 | $131 |
| 2015-10-31 | $124 |
| 2015-07-31 | $115 |
| 2015-04-30 | $99 |
| 2015-01-31 | $89 |
| 2014-10-31 | $85 |
| 2014-07-31 | $77 |
| 2014-04-30 | $65 |
| 2014-01-31 | $55 |
| 2013-10-31 | $49 |
| 2013-07-31 | $41 |
| 2013-04-30 | $36 |
| 2013-01-31 | $30 |
| 2012-10-31 | $28 |
| 2012-07-31 | $24 |
| 2012-04-30 | $21 |
| 2012-01-31 | |
| 2011-10-31 | $16 |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Computer and Technology | Internet Software | $28.913B | $9.552B |
| Workday Inc. is a provider of enterprise-level software solutions for financial management and human resource domains. The company's cloud-based platform combines finance and HR in a single system that makes it easier for organizations to provide analytical insights and decision support. Notably, organizations ranging from medium-sized businesses to enterprises have opted for Workday solutions. The company also offers open, standards-based web-services application programming interfaces and pre-built packaged integrations and connectors. The company also offers applications related to Payroll, Time Tracking, Recruiting, Learning, Planning, Professional Services Automation and Student. Workday offers Adaptive Insights Business Planning Cloud solutions, Workday Prism Analytics, Workday Data-as-a-Service and Workday Marketplace.?Workday serves technology, financial services, business services, healthcare and life sciences, manufacturing, and consumer and retail industries, education and government industries. | |||
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| Spotify Technology (SPOT) | Luxembourg | $97.998B | 49.38 |
| ADP (ADP) | United States | $76.015B | 18.10 |
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| Sea (SE) | Singapore | $50.617B | 34.10 |
| Autodesk (ADSK) | United States | $46.093B | 31.12 |
| CoreWeave (CRWV) | United States | $42.741B | 0.00 |
| Snowflake (SNOW) | United States | $41.868B | 0.00 |
| Block (XYZ) | United States | $37.264B | 26.36 |
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| Constellation Software (CNSWF) | Canada | $35.133B | 18.20 |
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| Twilio (TWLO) | United States | $17.826B | 60.64 |
| Broadridge Financial Solutions (BR) | United States | $17.643B | 16.62 |
| F5 (FFIV) | United States | $16.380B | 22.06 |
| Affirm Holdings (AFRM) | United States | $16.166B | 59.91 |
| Grab Holdings (GRAB) | Singapore | $15.079B | 122.67 |
| Atlassian (TEAM) | United States | $15.073B | 0.00 |
| Samsara (IOT) | United States | $15.012B | 0.00 |
| Topicus (TOITF) | Canada | $14.135B | 255.35 |
| Toast (TOST) | United States | $13.310B | 46.18 |
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| Dayforce (DAY) | United States | $11.030B | 65.64 |
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| Guidewire Software (GWRE) | United States | $9.985B | 51.96 |
| Unity Software (U) | United States | $9.433B | 0.00 |
| Bentley Systems (BSY) | United States | $9.119B | 30.69 |
| Rubrik (RBRK) | United States | $8.862B | 0.00 |
| Docusign (DOCU) | United States | $8.339B | 26.98 |
| Snap (SNAP) | United States | $8.141B | 0.00 |
| Figma (FIG) | United States | $8.011B | 0.00 |
| Match Group (MTCH) | United States | $7.375B | 12.68 |
| Clearwater Analytics Holdings (CWAN) | United States | $7.091B | 126.32 |
| Procore Technologies (PCOR) | United States | $7.083B | 0.00 |
| DigitalOcean Holdings (DOCN) | United States | $6.954B | 49.73 |
| TEMENOS GROUP (TMSNY) | Switzerland | $6.274B | 0.00 |
| CLEAR Secure (YOU) | United States | $6.155B | 41.22 |
| SailPoint (SAIL) | United States | $5.914B | 43.71 |
| Nice (NICE) | Israel | $5.861B | 8.98 |
| OneStream (OS) | United States | $5.732B | 97.96 |
| KANZHUN LIMITED (BZ) | China | $5.484B | 15.72 |
| Bullish (BLSH) | Cayman Islands | $5.465B | 0.00 |
| Paycom Software (PAYC) | United States | $5.414B | 15.09 |
| D-Wave Quantum (QBTS) | United States | $5.271B | 0.00 |
| JFrog (FROG) | United States | $5.236B | 0.00 |
| ServiceTitan (TTAN) | United States | $5.178B | 0.00 |
| AppFolio (APPF) | United States | $5.159B | 35.66 |
| Paylocity Holding (PCTY) | United States | $5.124B | 19.57 |
| Klaviyo (KVYO) | United States | $4.998B | 234.29 |
| UiPath (PATH) | United States | $4.914B | 46.90 |
| Rigetti Computing (RGTI) | United States | $4.876B | 0.00 |
| Sportradar Group AG (SRAD) | Switzerland | $4.633B | 46.88 |
| Kingsoft Cloud Holdings (KC) | China | $4.565B | 0.00 |
| Elastic (ESTC) | United States | $4.482B | 0.00 |
| Opendoor Technologies (OPEN) | United States | $4.140B | 0.00 |
| Waystar Holding (WAY) | United States | $4.121B | 17.48 |
| StoneCo (STNE) | Cayman Islands | $4.021B | 8.47 |
| Kingdee Software Group (KGDEY) | China | $3.752B | 0.00 |
| Fastly (FSLY) | United States | $3.502B | 0.00 |
| Netskope (NTSK) | United States | $3.471B | 0.00 |
| BILL Holdings (BILL) | United States | $3.435B | 86.78 |
| GitLab (GTLB) | United States | $3.303B | 0.00 |
| NCR Atleos (NATL) | United States | $3.260B | 11.66 |
| Navan (NAVN) | United States | $3.117B | 0.00 |
| Calix (CALX) | United States | $3.084B | 183.58 |
| Monday (MNDY) | Israel | $3.009B | 53.95 |
| Workiva (WK) | United States | $2.976B | 0.00 |
| Box (BOX) | United States | $2.959B | 73.69 |
| Diebold Nixdorf (DBD) | United States | $2.951B | 17.63 |
| Global Business Travel (GBTG) | United States | $2.934B | 31.11 |
| CCC Intelligent Solutions Holdings (CCC) | United States | $2.928B | 41.58 |
| Q2 Holdings (QTWO) | United States | $2.862B | 40.24 |
| Cellebrite DI (CLBT) | Israel | $2.751B | 33.42 |
| Kinaxis (KXSCF) | $2.682B | 0.00 | |
| Trump Media & Technology Group (DJT) | United States | $2.599B | 0.00 |
| VNET - (VNET) | China | $2.264B | 0.00 |
| BlackBerry (BB) | Canada | $2.256B | 29.54 |
| Grindr (GRND) | United States | $2.237B | 28.09 |
| VERRA MOBILITY CORP (VRRM) | United States | $2.195B | 12.08 |
| Rumble (RUM) | United States | $2.172B | 0.00 |
| Braze (BRZE) | United States | $2.152B | 0.00 |
| Freshworks (FRSH) | United States | $2.145B | 50.33 |
| NCino (NCNO) | United States | $1.999B | 38.78 |
| EverCommerce (EVCM) | United States | $1.939B | 109.20 |
| AvePoint (AVPT) | United States | $1.937B | 56.19 |
| First Advantage (FA) | United States | $1.905B | 11.75 |
| Tenable Holdings (TENB) | United States | $1.837B | 1604.00 |
| BlackLine (BL) | United States | $1.806B | 31.23 |
| SEMrush Holdings (SEMR) | United States | $1.802B | 0.00 |
| Magnite (MGNI) | United States | $1.729B | 26.04 |
| Vertex (VERX) | United States | $1.728B | 30.00 |
| Alkami Technology (ALKT) | United States | $1.726B | 0.00 |
| A10 Networks (ATEN) | United States | $1.721B | 35.82 |
| Ziff Davis (ZD) | United States | $1.654B | 7.55 |
| Intapp (INTA) | United States | $1.638B | 0.00 |
| ZoomInfo Technologies (GTM) | United States | $1.597B | 6.88 |
| Quantum Computing (QUBT) | United States | $1.585B | 0.00 |
| Karooooo (KARO) | Singapore | $1.568B | 27.14 |
| DoubleVerify Holdings (DV) | United States | $1.502B | 19.90 |
| Appian (APPN) | United States | $1.495B | 337.00 |
| Arlo Technologies (ARLO) | United States | $1.402B | 119.27 |
| Flywire (FLYW) | United States | $1.401B | 68.00 |
| Asana (ASAN) | United States | $1.300B | 0.00 |
| Tuya (TUYA) | China | $1.265B | 25.89 |
| SoftwareOne Holding AG (SWONF) | Switzerland | $1.253B | 0.00 |
| Penguin Solutions (PENG) | United States | $1.168B | 16.93 |
| Lightspeed Commerce (LSPD) | Canada | $1.163B | 211.75 |
| Five9 (FIVN) | United States | $1.042B | 11.94 |
| Yalla Group (YALA) | $1.042B | 7.94 | |
| Radware (RDWR) | Israel | $1.008B | 38.95 |
| Arteris (AIP) | United States | $0.879B | 0.00 |
| Porch (PRCH) | United States | $0.841B | 0.00 |
| ODDITY Tech (ODD) | Israel | $0.837B | 8.21 |
| Hello Group (MOMO) | China | $0.704B | 8.55 |
| VTEX (VTEX) | Cayman Islands | $0.697B | 36.64 |
| Mega Fortune (MGRT) | Hong Kong, SAR China | $0.678B | 0.00 |
| I3 Verticals (IIIV) | United States | $0.633B | 34.05 |
| Udemy (UDMY) | United States | $0.626B | 61.29 |
| CI&T (CINT) | Brazil | $0.622B | 15.40 |
| Cognyte Software (CGNT) | Israel | $0.593B | 405.50 |
| Riskified (RSKD) | United States | $0.593B | 0.00 |
| Ceva (CEVA) | United States | $0.571B | 0.00 |
| EverQuote (EVER) | United States | $0.544B | 5.37 |
| Nextdoor Holdings (NXDR) | United States | $0.531B | 0.00 |
| PagerDuty (PD) | United States | $0.487B | 14.69 |
| Consensus Cloud Solutions (CCSI) | United States | $0.451B | 4.98 |
| Bumble (BMBL) | United States | $0.441B | 1.55 |
| Datavault AI (DVLT) | United States | $0.416B | 0.00 |
| Gloo Holdings (GLOO) | United States | $0.411B | 0.00 |
| PubMatic (PUBM) | United States | $0.402B | 0.00 |
| ONESPAN INC (OSPN) | United States | $0.397B | 8.69 |
| PowerFleet (AIOT) | United States | $0.396B | 0.00 |
| Docebo (DCBO) | Canada | $0.380B | 12.67 |
| Blend Labs (BLND) | United States | $0.365B | 0.00 |
| Weave Communications (WEAV) | United States | $0.364B | 0.00 |
| A2Z Cust2Mate Solutions (AZ) | Canada | $0.349B | 0.00 |
| Getty Images Holdings (GETY) | United States | $0.343B | 0.00 |
| Digital Turbine (APPS) | United States | $0.338B | 10.07 |
| ON24 (ONTF) | United States | $0.337B | 0.00 |
| Rapid7 (RPD) | United States | $0.334B | 7.57 |
| Allot (ALLT) | Israel | $0.321B | 59.91 |
| Platinum Analytics Cayman (PLTS) | $0.316B | 0.00 | |
| Alight (ALIT) | United States | $0.309B | 1.23 |
| SCHMID Group (SHMD) | Cayman Islands | $0.301B | 0.00 |
| Materialise (MTLS) | Belgium | $0.299B | 33.80 |
| Rimini Street (RMNI) | United States | $0.299B | 25.08 |
| 8x8 Inc (EGHT) | United States | $0.241B | 8.65 |
| BUUU Group (BUUU) | Hong Kong, SAR China | $0.233B | 0.00 |
| Jiayin Group (JFIN) | China | $0.224B | 1.03 |
| Inseego (INSG) | United States | $0.216B | 0.00 |
| CS Disco (LAW) | United States | $0.212B | 0.00 |
| Backblaze (BLZE) | United States | $0.206B | 0.00 |
| EGain (EGAN) | United States | $0.198B | 24.07 |
| Arqit Quantum (ARQQ) | United Kingdom | $0.192B | 0.00 |
| Perfect (PERF) | Taiwan | $0.167B | 41.00 |
| Cheetah Mobile (CMCM) | China | $0.166B | 0.00 |
| KOREs (KORE) | United States | $0.161B | 0.00 |
| Kaltura (KLTR) | United States | $0.161B | 0.00 |
| ReposiTrak (TRAK) | United States | $0.130B | 19.35 |
| Thryv Holdings (THRY) | United States | $0.128B | 0.00 |
| Sangoma Technologies (SANG) | Canada | $0.125B | 0.00 |
| Next Technology Holding (NXTT) | Japan | $0.120B | 0.00 |
| DeFi Development (DFDV) | United States | $0.117B | 32.53 |
| DIRTT Environmental Solutions (DRTTF) | Canada | $0.115B | 0.00 |
| Rekor Systems (REKR) | United States | $0.104B | 0.00 |
| Synchronoss Technologies (SNCR) | United States | $0.104B | 10.35 |
| Domo (DOMO) | United States | $0.101B | 0.00 |
| Definitive Healthcare (DH) | United States | $0.099B | 23.66 |
| Chegg (CHGG) | United States | $0.087B | 0.00 |
| Zapata Quantum Inc (ZPTA) | United States | $0.081B | 0.00 |
| Audioeye (AEYE) | United States | $0.076B | 19.03 |
| AEye (LIDR) | United States | $0.072B | 0.00 |
| IZEA WORLDWIDE, INC (IZEA) | United States | $0.068B | 0.00 |
| Vivid Seats (SEAT) | United States | $0.065B | 0.00 |
| VirnetX Holding Corp (VHC) | United States | $0.060B | 0.00 |
| UCloudlink Group (UCL) | Hong Kong, SAR China | $0.049B | 8.09 |
| OneMedNet (ONMD) | United States | $0.043B | 0.00 |
| Aurora Mobile (JG) | China | $0.039B | 218.33 |
| Phunware (PHUN) | United States | $0.038B | 0.00 |
| Creative Realities (CREX) | United States | $0.036B | 0.00 |
| XBP Global Holdings (XBP) | United States | $0.032B | 0.00 |
| FatPipe (FATN) | United States | $0.030B | 0.00 |
| Veea (VEEA) | United States | $0.029B | 0.00 |
| RedCloud Holdings (RCT) | United Kingdom | $0.025B | 0.00 |
| YXT.COM - (YXT) | China | $0.024B | 0.00 |
| SAGTEC GLOBAL LIMITED (SAGT) | $0.023B | 0.00 | |
| MIND C.T.I (MNDO) | Israel | $0.022B | 8.92 |
| Cyngn (CYN) | United States | $0.020B | 0.00 |
| Upland Software (UPLD) | United States | $0.019B | 0.97 |
| AuthID (AUID) | United States | $0.017B | 0.00 |
| SurgePays (SURG) | United States | $0.016B | 0.00 |
| CISO Global (CISO) | United States | $0.015B | 0.00 |
| Cloudastructure (CSAI) | United States | $0.014B | 0.00 |
| Marwynn Holdings (MWYN) | United States | $0.014B | 0.00 |
| MultiSensor AI Holdings (MSAI) | United States | $0.012B | 0.00 |
| Nvni Group (NVNI) | Cayman Islands | $0.012B | 0.00 |
| NetClass Technology Inc (NTCL) | Singapore | $0.010B | 0.00 |
| Trident Digital Tech Holdings (TDTH) | Singapore | $0.009B | 0.00 |
| Oblong (OBLG) | United States | $0.009B | 0.00 |
| Wellchange Holdings (WCT) | Hong Kong, SAR China | $0.008B | 0.00 |
| Locafy (LCFY) | Australia | $0.008B | 0.00 |
| MF (MFI) | Hong Kong, SAR China | $0.007B | 0.00 |
| ARB IOT Group (ARBB) | $0.007B | 0.00 | |
| Myseum (MYSE) | United States | $0.006B | 0.00 |
| Versus Systems (VS) | United States | $0.005B | 0.00 |
| ZSpace (ZSPC) | United States | $0.003B | 0.00 |
| My Size (MYSZ) | Israel | $0.003B | 0.00 |
| Youxin Technology (YAAS) | China | $0.002B | 0.00 |
| Baiya Group (BIYA) | China | $0.002B | 0.00 |
| SCWorx (WORX) | United States | $0.002B | 0.00 |
| Iveda Solutions (IVDA) | United States | $0.002B | 0.00 |
| Republic Power Group (RPGL) | Singapore | $0.000B | 0.00 |
| EPWK Holdings (EPWK) | China | $0.000B | 0.00 |
| Compass (COMP) | United States | $0.000B | 0.00 |
| Castlight Health, Inc (CSLT) | United States | $0.000B | 0.00 |
| ForgeRock (FORG) | United States | $0.000B | 0.00 |
| Informatica (INFA) | United States | $0.000B | 0.00 |
| Qutoutiao (QTT) | China | $0.000B | 0.00 |
| Cloopen (RAAS) | China | $0.000B | 0.00 |
| VSee Health (VSEE) | United States | $0.000B | 0.00 |