Salesforce (CRM) Operating Expenses (2009 - 2026)
Salesforce (CRM) posted Operating Expenses of $6.37 billion for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 12.4% from $5.66 billion a year earlier and up 2.4% from the prior quarter.
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Analysis
Salesforce (CRM) Operating Expenses (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Operating Expenses at Salesforce was $25.22 billion, up 11.2% year-over-year; for FY2026 (ended Jan 31, 2026), it was $23.92 billion, up 8.5% from FY2025.
- Annual Operating Expenses shows a five-year compound annual growth rate of 9.3% (FY2021 to FY2026).
- In prior fiscal years, Salesforce's Operating Expenses was $22.05 billion in FY2025 (+3.5%), $21.31 billion in FY2024 (-3.0%), $21.96 billion in FY2023 (+16.1%) and $18.92 billion in FY2022 (+23.2%).
- Quarterly Operating Expenses has run from a low of $4.98 billion in fiscal Q3 2022 to a high of $6.82 billion in fiscal Q4 2026 over five years.
- On a year-over-year basis, Operating Expenses has increased in each of the last nine quarters, with growth averaging 9.0% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was fiscal Q4 2022, with growth of 32.4%; the weakest was fiscal Q1 2025, with a decline of 7.8%.
- According to Business Quant data, Operating Expenses for the three prior fiscal quarters was $6.22 billion (Q1 2027), $6.82 billion (Q4 2026) and $5.82 billion (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 480.73 Bn | 449.68 Bn | 1.64 Bn | 726.59 Mn |
| 2 | Oracle | 399.91 Bn | 272.04 Bn | - | 12.62 Bn |
| 3 | Sap Se | 262.30 Bn | 190.08 Bn | 8.40 Bn | -8.41 Bn |
| 4 | Salesforce | 202.26 Bn | 158.13 Bn | 8.70 Bn | 6.37 Bn |
| 5 | ServiceNow | 153.84 Bn | 132.30 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Automatic Data Processing | 114.84 Bn | 96.97 Bn | 2.51 Bn | 4.34 Bn |
| 7 | Intuit | 91.04 Bn | 70.38 Bn | 3.44 Bn | 3.88 Bn |
| 8 | Relx | 70.51 Bn | 69.60 Bn | - | - |
| 9 | Strategy | 53.24 Bn | 46.23 Bn | 81.55 Mn | 8.41 Bn |
| 10 | Thomson Reuters | 48.40 Bn | 45.18 Bn | - | -1.21 Bn |
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 |
API Access
Salesforce Operating Expenses 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=operating-expenses&ticker=CRM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=CRM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();