Salesforce (CRM) Research & Development (2009 - 2026)
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.
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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 | 386.60 Bn | 351.42 Bn | 1.93 Bn | 219.72 Mn |
| 2 | Oracle | 343.94 Bn | 216.07 Bn | - | 2.40 Bn |
| 3 | Sap Se | 272.35 Bn | 199.75 Bn | 8.64 Bn | 2.15 Bn |
| 4 | Salesforce | 175.46 Bn | 131.33 Bn | 8.70 Bn | 1.69 Bn |
| 5 | Automatic Data Processing | 122.07 Bn | 108.86 Bn | 2.53 Bn | 251.30 Mn |
| 6 | ServiceNow | 105.47 Bn | 84.73 Bn | 2.90 Bn | 956.00 Mn |
| 7 | Intuit | 94.25 Bn | 73.60 Bn | 3.44 Bn | 857.00 Mn |
| 8 | Relx | 73.66 Bn | 72.75 Bn | - | - |
| 9 | Strategy | 51.78 Bn | 38.91 Bn | 89.63 Mn | 24.06 Mn |
| 10 | Thomson Reuters | 50.52 Bn | 46.49 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=CRM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();