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.
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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 | Palantir Technologies | 460.85 Bn | 451.55 Bn | 1.64 Bn | 726.59 Mn |
| 2 | Oracle | 437.09 Bn | 400.44 Bn | - | 12.62 Bn |
| 3 | Sap Se | 258.74 Bn | 237.66 Bn | 8.40 Bn | -8.41 Bn |
| 4 | Salesforce | 195.52 Bn | 184.12 Bn | 8.70 Bn | 6.37 Bn |
| 5 | ServiceNow | 145.61 Bn | 140.94 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Automatic Data Processing | 104.89 Bn | 100.66 Bn | 2.51 Bn | 4.34 Bn |
| 7 | Intuit | 76.97 Bn | 69.77 Bn | 3.46 Bn | 3.88 Bn |
| 8 | Relx | 60.41 Bn | 60.04 Bn | - | - |
| 9 | Strategy | 57.09 Bn | 54.64 Bn | 81.55 Mn | 8.41 Bn |
| 10 | Workday | 46.40 Bn | 42.99 Bn | 2.21 Bn | 2.34 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();