Operating Expenses

R&D

Workday, Inc. R&D increased by 3.6% to $690.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.4%, from $674.00M to $690.00M. Over 4 years (FY 2021 to FY 2025), R&D shows an upward trend with a 9.3% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026

How to read this metric

Higher spending signals a commitment to innovation and future product launches, whereas significant cuts may indicate a shift toward short-term profitability.

Detailed definition

Research and development expenses represent the costs incurred to discover new products, improve existing technologies,...

Peer comparison

Highly comparable across pharmaceutical and medical device peers, where R&D intensity is a key metric for long-term valuation.

Metric ID: research_and_development

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$441.62M$444.25M$455.62M$537.52M$541.51M$547.84M$565.73M$591.93M$600.00M$610.00M$619.00M$635.00M$656.00M$649.00M$647.00M$674.00M$663.00M$660.00M$666.00M$690.00M
QoQ Change+0.6%+2.6%+18.0%+0.7%+1.2%+3.3%+4.6%+1.4%+1.7%+1.5%+2.6%+3.3%-1.1%-0.3%+4.2%-1.6%-0.5%+0.9%+3.6%
YoY Change+22.6%+23.3%+24.2%+10.1%+10.8%+11.3%+9.4%+7.3%+9.3%+6.4%+4.5%+6.1%+1.1%+1.7%+2.9%+2.4%
Range$441.62M$690.00M
CAGR+9.9%
Avg YoY Growth+9.6%
Median YoY Growth+8.3%
Current Streak2 quarters growth

Frequently Asked Questions

What is Workday, Inc.'s r&d?
Workday, Inc. (WDAY) reported r&d of $690.00M in Q4 2025.
How has Workday, Inc.'s r&d changed year-over-year?
Workday, Inc.'s r&d increased by 2.4% year-over-year, from $674.00M to $690.00M.
What is the long-term trend for Workday, Inc.'s r&d?
Over 4 years (2021 to 2025), Workday, Inc.'s r&d has grown at a 9.3% compound annual growth rate (CAGR), from $1.88B to $2.68B.
What does r&d mean?
The money spent on creating new products or improving existing ones to drive future growth.