Salesforce (CRM) Cost of Revenue (2009 - 2026)
Salesforce's (CRM) quarterly Cost of Revenue came in at $2.6 billion in Q3 2026, up 18.15% on a YoY basis from $2.2 billion in Q3 2025, and up 3.07% quarter-over-quarter from $2.6 billion in Q2 2026.
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Analysis
Salesforce (CRM) Cost of Revenue (2009 - 2026) Analysis & Trends
Salesforce (CRM) has reported Cost of Revenue for 18 consecutive years, with $2.6 billion the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Cost of Revenue rose 18.15% year-over-year to $2.6 billion; the trailing twelve-month figure through Jul 2026 stood at $10.0 billion (up 13.06% YoY), and the FY2026 full-year result was $9.3 billion, up 7.25% from the prior year.
- Cost of Revenue climbed to $2.6 billion in Q3 2026 per CRM's latest filing, from $2.6 billion in the prior quarter.
- Across five years, Cost of Revenue topped out at $2.6 billion in Q3 2026 and bottomed at $2.0 billion in Q1 2022.
- Historically, Cost of Revenue has averaged $2.2 billion across 5 years, with a median of $2.2 billion in 2023.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue soared 36.17% in 2022, then decreased 2.32% in 2024.
- Over 5 years, Cost of Revenue stood at $2.1 billion in 2022, then increased by 3.21% to $2.2 billion in 2023, then declined by 2.32% to $2.1 billion in 2024, then increased by 7.13% to $2.3 billion in 2025, then rose by 17.47% to $2.6 billion in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $2.6 billion, $2.6 billion, and $2.5 billion for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 460.85 Bn | 451.55 Bn | 1.64 Bn | 296.87 Mn |
| 2 | Oracle | 437.09 Bn | 400.44 Bn | - | - |
| 3 | Sap Se | 258.74 Bn | 237.66 Bn | 8.40 Bn | 3.08 Bn |
| 4 | Salesforce | 195.52 Bn | 184.12 Bn | 8.70 Bn | 2.65 Bn |
| 5 | ServiceNow | 145.61 Bn | 140.94 Bn | 2.82 Bn | 1.17 Bn |
| 6 | Automatic Data Processing | 104.89 Bn | 100.66 Bn | 2.51 Bn | 2.96 Bn |
| 7 | Intuit | 76.97 Bn | 69.77 Bn | 3.46 Bn | 894.00 Mn |
| 8 | Relx | 60.41 Bn | 60.04 Bn | - | - |
| 9 | Strategy | 57.09 Bn | 54.64 Bn | 81.55 Mn | 40.82 Mn |
| 10 | Workday | 46.40 Bn | 42.99 Bn | 2.21 Bn | 436.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2.65 Bn |
| Apr 30, 2026 | 2.57 Bn |
| Jan 31, 2026 | 2.51 Bn |
| Oct 31, 2025 | 2.26 Bn |
| Jul 31, 2025 | 2.24 Bn |
| Apr 30, 2025 | 2.27 Bn |
| Jan 31, 2025 | 2.22 Bn |
| Oct 31, 2024 | 2.11 Bn |
| Jul 31, 2024 | 2.16 Bn |
| Apr 30, 2024 | 2.16 Bn |
| Jan 31, 2024 | 2.15 Bn |
| Oct 31, 2023 | 2.16 Bn |
| Jul 31, 2023 | 2.11 Bn |
| Apr 30, 2023 | 2.13 Bn |
| Jan 31, 2023 | 2.10 Bn |
| Oct 31, 2022 | 2.09 Bn |
| Jul 31, 2022 | 2.13 Bn |
| Apr 30, 2022 | 2.05 Bn |
| Jan 31, 2022 | 2.01 Bn |
| Oct 31, 2021 | 1.84 Bn |
API Access
Salesforce Cost of Revenue 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=cost-of-revenue&ticker=CRM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "CRM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CRM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();