Postbuckling analysis of composite laminates representative of wind turbine blade substructures, utilizing the commercial finite element software ANSYS, is presented in this paper. The procedure was validated against an existing postbuckling analysis. Three shell element formulations, SHELL91, SHELL99, and SHELL181, were examined. It was found that the SHELL181 element with reduced integration should be used to avoid shear locking. The validated procedure was used to examine the variation of the buckling behavior, including postbuckling, with lamination schedule of a laminate representative of a wind turbine blade shear web. This analysis was correlated with data from a static test. A 100% postbuckling reserve in a composite structure representative of a shear web was quantified through test and analysis. The buckling behavior of the shear web was improved by modifying the lamination schedule to increase the web bending stiffness. Modifications that improved the buckling load of the structure did not always equate to improvements in the postbuckling reserve.