Salesforce CRM
NYSE CRM
$227.27 -6.78 (-2.90%)
At close: Sep 28, 2026 · 4:00 PM EDT

Salesforce (CRM) Research & Development (2009 - 2026)

Updated

Salesforce (CRM) reported Research & Development of $1.69 billion for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 13.9% from $1.48 billion a year earlier and up 3.7% from the prior quarter.

Analysis

Salesforce (CRM) Research & Development (2009 - 2026) Analysis & Trends

Over the twelve months ended Jul 31, 2026, Salesforce's Research & Development came in at $6.37 billion, up 11.4% year-over-year; for FY2026 (ended Jan 31, 2026), it was $5.99 billion, up 9.1% from FY2025.

  • Research & Development has a five-year compound annual growth rate of 10.7% (FY2021 to FY2026).
  • By fiscal year, Research & Development came in at $5.49 billion in FY2025 (+12.0%), $4.91 billion in FY2024 (-2.9%), $5.06 billion in FY2023 (+13.2%) and $4.47 billion in FY2022 (+24.1%).
  • The fiscal Q2 2027 figure ranks as the highest quarterly Research & Development in data going back to fiscal Q4 2009.
  • Year over year, Research & Development has now increased in each of the last 11 quarters, with growth averaging 10.7% over the last eight quarters.
  • The high point for year-over-year Research & Development in five years was fiscal Q1 2023 (growth of 38.6%); the low point was fiscal Q4 2023 (a decline of 12.6%).
  • Per Business Quant data, the three fiscal quarters before Q2 2027 came in at $1.63 billion (Q1 2027), $1.62 billion (Q4 2026) and $1.43 billion (Q3 2026).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Palantir Technologies 450.50 Bn 419.56 Bn 1.64 Bn 192.51 Mn
2 Oracle 401.01 Bn 273.57 Bn - 2.40 Bn
3 Sap Se 257.03 Bn 178.11 Bn 8.40 Bn -2.14 Bn
4 Salesforce 187.04 Bn 142.92 Bn 8.70 Bn 1.69 Bn
5 ServiceNow 135.91 Bn 114.37 Bn 2.82 Bn 915.00 Mn
6 Automatic Data Processing 104.14 Bn 86.27 Bn 2.51 Bn 265.90 Mn
7 Intuit 72.30 Bn 51.65 Bn 3.44 Bn 857.00 Mn
8 Relx 60.17 Bn 57.14 Bn - -
9 Strategy 55.31 Bn 48.30 Bn 81.55 Mn 23.10 Mn
10 Workday 45.49 Bn 21.61 Bn 2.00 Bn 747.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 1.69 Bn
Apr 30, 2026 1.63 Bn
Jan 31, 2026 1.62 Bn
Oct 31, 2025 1.43 Bn
Jul 31, 2025 1.48 Bn
Apr 30, 2025 1.46 Bn
Jan 31, 2025 1.42 Bn
Oct 31, 2024 1.36 Bn
Jul 31, 2024 1.35 Bn
Apr 30, 2024 1.37 Bn
Jan 31, 2024 1.28 Bn
Oct 31, 2023 1.20 Bn
Jul 31, 2023 1.22 Bn
Apr 30, 2023 1.21 Bn
Jan 31, 2023 1.13 Bn
Oct 31, 2022 1.28 Bn
Jul 31, 2022 1.33 Bn
Apr 30, 2022 1.32 Bn
Jan 31, 2022 1.29 Bn
Oct 31, 2021 1.20 Bn
API Access

Salesforce Research & Development 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=research-and-development&ticker=CRM&period=max&api_key=YOUR_API_KEY