Salesforce (CRM) Research & Development (2009 - 2026)
Salesforce's (CRM) quarterly Research & Development came in at $3.9 billion in Q3 2026, up 12.08% on a YoY basis from $3.4 billion in Q3 2025, and up 2.39% quarter-over-quarter from $3.8 billion in Q2 2026.
Analysis
Salesforce (CRM) Research & Development (2009 - 2026) Analysis & Trends
Salesforce (CRM) has reported Research & Development for 18 consecutive years, with $3.9 billion the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Research & Development rose 12.08% year-over-year to $3.9 billion; the trailing twelve-month figure through Jul 2026 stood at $15.1 billion (up 10.5% YoY), and the FY2026 full-year result was $14.3 billion, up 8.21% from the prior year.
- Research & Development climbed to $3.9 billion in Q3 2026 per CRM's latest filing, from $3.8 billion in the prior quarter.
- Across five years, Research & Development topped out at $4.0 billion in Q1 2026 and bottomed at $3.1 billion in Q3 2023.
- Historically, Research & Development has averaged $3.4 billion across 5 years, with a median of $3.4 billion in 2022.
- The sharpest annual moves came in 2022 and 2023: Research & Development surged 32.55% in 2022, then declined 9.08% in 2023.
- Over 5 years, Research & Development stood at $3.3 billion in 2022, then fell by 5.14% to $3.2 billion in 2023, then increased by 4.73% to $3.3 billion in 2024, then climbed by 4.0% to $3.5 billion in 2025, then gained by 11.66% to $3.9 billion in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $3.9 billion, $3.8 billion, and $4.0 billion for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Salesforce | 213.40 Bn | 201.99 Bn | 8.70 Bn | 3.86 Bn |
| 2 | Hubspot | 12.30 Bn | 10.96 Bn | 750.86 Mn | 397.71 Mn |
| 3 | Freshworks | 3.35 Bn | 2.68 Bn | 201.28 Mn | 106.45 Mn |
| 4 | Intapp | 3.19 Bn | 3.03 Bn | 118.37 Mn | 51.36 Mn |
| 5 | Blackbaud | 2.14 Bn | 1.30 Bn | 178.16 Mn | 46.26 Mn |
| 6 | Sprinklr | 1.40 Bn | 1.17 Bn | 139.19 Mn | 70.93 Mn |
| 7 | ZoomInfo Technologies | 1.21 Bn | 1.05 Bn | 256.80 Mn | 107.70 Mn |
| 8 | Thryv Holdings | 92.39 Mn | 83.25 Mn | 94.56 Mn | 47.04 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 | 3.86 Bn |
| Apr 30, 2026 | 3.77 Bn |
| Jan 31, 2026 | 4.02 Bn |
| Oct 31, 2025 | 3.46 Bn |
| Jul 31, 2025 | 3.44 Bn |
| Apr 30, 2025 | 3.43 Bn |
| Jan 31, 2025 | 3.47 Bn |
| Oct 31, 2024 | 3.32 Bn |
| Jul 31, 2024 | 3.22 Bn |
| Apr 30, 2024 | 3.24 Bn |
| Jan 31, 2024 | 3.44 Bn |
| Oct 31, 2023 | 3.17 Bn |
| Jul 31, 2023 | 3.11 Bn |
| Apr 30, 2023 | 3.15 Bn |
| Jan 31, 2023 | 3.39 Bn |
| Oct 31, 2022 | 3.35 Bn |
| Jul 31, 2022 | 3.42 Bn |
| Apr 30, 2022 | 3.37 Bn |
| Jan 31, 2022 | 3.46 Bn |
| Oct 31, 2021 | 3.11 Bn |