Salesforce (CRM) Operating Leases (2019 - 2026)
Salesforce posted quarterly Operating Leases of $2.7 billion for Q1 2026, down 7.5% year-on-year from $3.0 billion in Q1 2025, and up 1.3% on a QoQ basis from $2.7 billion in Q4 2025.
Salesforce (CRM) has 8 years of Operating Leases data on file, last reported at $2.7 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Leases fell 7.5% year-over-year to $2.7 billion; the trailing twelve-month figure through Jan 2026 stood at $2.7 billion (down 7.5% YoY), and the FY2026 full-year result was $2.7 billion, down 7.5% from the prior year.
- Operating Leases for Q1 2026 stood at $2.7 billion, up from $2.7 billion in the prior quarter.
- Across five years, Operating Leases topped out at $3.5 billion in Q1 2023 and bottomed at $2.2 billion in Q3 2025.
- The 5-year median for Operating Leases is $3.0 billion (2024), against an average of $3.0 billion.
- The widest annual swing landed in 2022, when Operating Leases advanced 19.25%; it then slipped 25.04% in 2025.
- A 5-year view of Operating Leases shows it stood at $3.4 billion in 2022, then dropped by 3.27% to $3.3 billion in 2023, then slipped by 8.97% to $3.0 billion in 2024, then fell by 9.69% to $2.7 billion in 2025, then grew by 1.3% to $2.7 billion in 2026.
- The last three Operating Leases figures came in at $2.7 billion (Q1 2026), $2.7 billion (Q4 2025), and $2.2 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn |
| 10 | Datadog | 78.54 Bn | 73.78 Bn | 797.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 2.74 Bn |
| Oct 31, 2025 | 2.70 Bn |
| Jul 31, 2025 | 2.22 Bn |
| Apr 30, 2025 | 2.93 Bn |
| Jan 31, 2025 | 2.96 Bn |
| Oct 31, 2024 | 2.99 Bn |
| Jul 31, 2024 | 2.96 Bn |
| Apr 30, 2024 | 3.09 Bn |
| Jan 31, 2024 | 3.16 Bn |
| Oct 31, 2023 | 3.29 Bn |
| Jul 31, 2023 | 2.87 Bn |
| Apr 30, 2023 | 2.88 Bn |
| Jan 31, 2023 | 3.49 Bn |
| Oct 31, 2022 | 3.40 Bn |
| Jul 31, 2022 | 3.21 Bn |
| Apr 30, 2022 | 2.73 Bn |
| Jan 31, 2022 | 3.39 Bn |
| Oct 31, 2021 | 3.41 Bn |
| Jul 31, 2021 | 3.59 Bn |
| Apr 30, 2021 | 3.46 Bn |
| Jan 31, 2021 | 2.84 Bn |
| Oct 31, 2020 | 3.17 Bn |
| Jul 31, 2020 | 2.41 Bn |
| Apr 30, 2020 | 3.16 Bn |
| Jan 31, 2020 | 2.45 Bn |
| Oct 31, 2019 | 3.27 Bn |
| Jul 31, 2019 | 2.34 Bn |
| Apr 30, 2019 | 3.06 Bn |