Salesforce, Inc.
CRMQ3 2025(CRM Q2 FY2026)Estimated4% AI
AI Revenue %
4%
AI Fair Value
$3.6B
AI Revenue (Q)
$738.3M
Total Revenue (Q)
$18.5B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q2 FY2026 (three months ended July 31, 2025): Total revenue $10,236M. Sub&Support $9,690M. No sub-segment breakdown available. Subscription revenue grew 10.6% YoY (vs $8,764M in Q2 FY2025), showing acceleration that may partly reflect Agentforce traction. Professional services declined (-2.7% YoY), consistent with AI automation reducing services needs. Agentforce now in market for 3 full quarters with growing adoption. Increasing to 4.0% reflecting: (1) Agentforce scaling up, (2) broader AI-powered upsell across clouds, (3) Data Cloud AI features. MATH: $10,236M × 4.0% = ~$409M estimated AI revenue.
Analyzed by claude-opus-4-6
Quoted Figures
Total revenues $10,236M for three months ended July 31, 2025
10-Q Q2 FY2026 Income Statement
Subscription and support $9,690M
10-Q Q2 FY2026 Income Statement
AI Products Identified (Ring 1)
Agentforce (agentic AI agents)Einstein CopilotEinstein AI (predictive)Data Cloud AI features
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Platform and Other subscription revenue (not separately disclosed this quarter)
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix