Company / R&D Expense
Workday, Inc. R&D Expense History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$2.7B
FY2025
5-year range
$2.2B / $2.7B
FY2021-FY2025
Trend
+2.0%
vs FY2024
Sector context
#15 of 263
Information Technology
What the data says
Among 263 Information Technology companies, Workday, Inc. is in the top 6% for r&d expense. R&D Expense has increased for 8 consecutive years, from $911M in FY2017 to $2.7B in FY2025.
Based on SEC 10-K filings.
$2.7B in FY2025 with a 5-year CAGR of +9.3%. Top quartile in the Information Technology sector.
Improved from $2.5B to $2.7B over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +6.0%
- 5-Year CAGR
- +9.3%
- 10-Year CAGR
- -
Sector benchmark
+189.0% above sector average
Key checks
Key Insights
- Workday, Inc.'s r&d expense has grown for 8 consecutive years.
- 5-year CAGR of +9.3%, indicating consistent growth.
- In FY2025, r&d expense increased 2.0% year-over-year.
- Ranks #15 out of 263 companies in the Information Technology sector.
Company context
Key Data Points
- Altman Z-Score 0.38 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2026 | - | - |
| FY2025 | $2.7B | +2.0% |
| FY2024 | $2.6B | +6.6% |
| FY2023 | $2.5B | +9.7% |
| FY2022 | $2.2B | +19.6% |
| FY2021 | $1.9B | +9.2% |
| FY2020 | $1.7B | +11.1% |
| FY2019 | $1.5B | +27.9% |
| FY2018 | $1.2B | +33.1% |
| FY2017 | $910.6M | +33.8% |
As of FY2025 · SEC Form 10-K · Last checked Jun 30, 2026