CRM (Salesforce) Research & Development: $6,160 Mil (TTM As of Apr. 2026)


CRM Salesforce Inc CRM
77 GF Score
Price $152.76
GF Value $323.18
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Salesforce Research & Development?

Salesforce CRM -0.43% 77 Research & Development is $6,160 Mil as of Apr. 2026. GuruFocus rates CRM with a GF Score™ of 77/100 and a GF Value™ of $323.18 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Salesforce's Research & Development for the three months ended in Apr. 2026 was $1,627 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Apr. 2026 was $6,160 Mil.


Salesforce  (NYSE:CRM) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Salesforce Research & Development Related Terms


Salesforce Research & Development Historical Data

* Premium members only.

The historical data trend for Salesforce's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Salesforce Research & Development Chart

Salesforce Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,465.00 5,055.00 4,906.00 5,493.00 5,993.00

Salesforce Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,460.00 1,481.00 1,433.00 1,619.00 1,627.00
CRM
77GF Score
Salesforce Inc CRM
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Salesforce Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,160 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $6,160 Mil mean?
Salesforce (CRM) has a Research & Development of $6,160 Mil as of Apr. 2026. Research and development expense is the total cost for research and development activities. View historical data on Salesforce and its competitors.
Is Salesforce's Research & Development too high?
Salesforce's current Research & Development is $6,160 Mil. Overall, Salesforce has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Salesforce's Research & Development compare to SHOP and UBER?
Salesforce's Research & Development of $6,160 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Salesforce and its competitors. Salesforce's current Research & Development is $6,160 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salesforce stock overvalued right now?
Based on GuruFocus' analysis, Salesforce (CRM) is currently considered Significantly Undervalued. The stock's GF Value™ is $323.18, compared to a current price of $152.76 — trading 52.7% below its estimated fair value. The current Research & Development is $6,160 Mil. Salesforce's overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Salesforce (CRM), the current Research & Development is $6,160 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Salesforce (CRM) Overvalued in 2026?

Based on GuruFocus' analysis, Salesforce stock appears to be undervalued. The current stock price of $152.76 is trading 52.7% below its estimated GF Value™ of $323.18. GuruFocus considers Salesforce to be Significantly Undervalued.

Key valuation signals for CRM:

  • Research & Development: $6,160 Mil
  • GF Value™: $323.18 vs. price of $152.76 (52.7% below fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the CRM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Salesforce Business Description

Address 415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, USA, 94105
Salesforce provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.
77GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$152.76
Price
$323.18
GF Value