Salesforce (CRM) Operating Expenses (2009 - 2026)
Salesforce's (CRM) quarterly Operating Expenses came in at $6.4 billion in Q3 2026, up 12.42% on a YoY basis from $5.7 billion in Q3 2025, and up 2.4% quarter-over-quarter from $6.2 billion in Q2 2026.
Analysis
Salesforce (CRM) Operating Expenses (2009 - 2026) Analysis & Trends
Salesforce (CRM) has reported Operating Expenses for 18 consecutive years, with $6.4 billion the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Operating Expenses rose 12.42% year-over-year to $6.4 billion; the trailing twelve-month figure through Jul 2026 stood at $25.2 billion (up 11.17% YoY), and the FY2026 full-year result was $23.9 billion, up 8.51% from the prior year.
- Operating Expenses grew to $6.4 billion in Q3 2026 per CRM's latest filing, from $6.2 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $6.8 billion in Q1 2026 and bottomed at $5.0 billion in Q3 2023.
- Historically, Operating Expenses has averaged $5.6 billion across 5 years, with a median of $5.5 billion in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 32.4% in 2022, then slipped 7.85% in 2024.
- Over 5 years, Operating Expenses stood at $5.3 billion in 2022, then retreated by 4.25% to $5.1 billion in 2023, then climbed by 7.54% to $5.4 billion in 2024, then advanced by 6.79% to $5.8 billion in 2025, then climbed by 9.44% to $6.4 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $6.4 billion, $6.2 billion, and $6.8 billion for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Salesforce | 213.40 Bn | 201.99 Bn | 8.70 Bn | 6.37 Bn |
| 2 | Hubspot | 12.30 Bn | 10.96 Bn | 750.86 Mn | 707.54 Mn |
| 3 | Freshworks | 3.35 Bn | 2.68 Bn | 201.28 Mn | 195.22 Mn |
| 4 | Intapp | 3.19 Bn | 3.03 Bn | 118.37 Mn | 122.59 Mn |
| 5 | Blackbaud | 2.14 Bn | 1.30 Bn | 178.16 Mn | 116.15 Mn |
| 6 | Sprinklr | 1.40 Bn | 1.17 Bn | 139.19 Mn | 129.23 Mn |
| 7 | ZoomInfo Technologies | 1.21 Bn | 1.05 Bn | 256.80 Mn | 878.80 Mn |
| 8 | Thryv Holdings | 92.39 Mn | 83.25 Mn | 94.56 Mn | 95.70 Mn |
| 9 | Helport AI | 24.20 Mn | 23.92 Mn | - | - |
| 10 | Youxin Technology | 3.56 Mn | -263,824.72 | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 6.37 Bn |
| Apr 30, 2026 | 6.22 Bn |
| Jan 31, 2026 | 6.82 Bn |
| Oct 31, 2025 | 5.82 Bn |
| Jul 31, 2025 | 5.66 Bn |
| Apr 30, 2025 | 5.62 Bn |
| Jan 31, 2025 | 5.96 Bn |
| Oct 31, 2024 | 5.45 Bn |
| Jul 31, 2024 | 5.38 Bn |
| Apr 30, 2024 | 5.26 Bn |
| Jan 31, 2024 | 5.52 Bn |
| Oct 31, 2023 | 5.06 Bn |
| Jul 31, 2023 | 5.01 Bn |
| Apr 30, 2023 | 5.71 Bn |
| Jan 31, 2023 | 5.93 Bn |
| Oct 31, 2022 | 5.29 Bn |
| Jul 31, 2022 | 5.40 Bn |
| Apr 30, 2022 | 5.35 Bn |
| Jan 31, 2022 | 5.49 Bn |
| Oct 31, 2021 | 4.98 Bn |