Salesforce, Inc.
CRMQ4 2025(CRM Q3 FY2026)Estimated4.5% AI
AI Revenue %
4.5%
AI Fair Value
$4.3B
AI Revenue (Q)
$1.3B
Total Revenue (Q)
$27.9B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q3 FY2026 (three months ended October 31, 2025): Total revenue $10,259M. Sub&Support $9,726M. No sub-segment breakdown available. Subscription revenue grew 9.5% YoY (vs $8,879M in Q3 FY2025). Agentforce marks its one-year anniversary this quarter. The company continues to describe itself as bringing 'humans together with AI agents to drive customer success.' Research and development spending declined slightly as a % of revenue (14.0% vs 14.4% prior year), suggesting AI R&D is being efficiently monetized. Increasing to 4.5% reflecting continued Agentforce maturation and broader AI embedding. MATH: $10,259M × 4.5% = ~$462M estimated AI revenue.
Analyzed by claude-opus-4-6
Quoted Figures
Total revenues $10,259M for three months ended October 31, 2025
10-Q Q3 FY2026 Income Statement
Subscription and support $9,726M
10-Q Q3 FY2026 Income Statement
Salesforce, Inc. is a global leader in customer relationship management technology...we bring humans together with AI agents to drive customer success on one deeply unified platform
10-Q Q3 FY2026 Note 1 Description of Business
AI Products Identified (Ring 1)
Agentforce (agentic AI agents, one-year anniversary)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