What is the 13F Pro Quality Score for CRM?

13F Pro ranks Salesforce, Inc. (CRM) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View CRM's current score at https://13fpro.ai/company/CRM (free sign-up required for the full ranking).

Which hedge funds own the most CRM stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of CRM include BlackRock,, VANGUARD CAPITAL MANAGEMENT, STATE STREET. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/CRM as soon as new 13F filings post.

Where does 13F Pro source CRM data?

All Salesforce, Inc. fundamentals and ownership data come directly from SEC EDGAR. Salesforce, Inc. files with the SEC under CIK 1108524. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is CRM in?

Salesforce, Inc. (CRM) is classified in the Technology sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/technology.

What drives CRM's revenue?

Per Salesforce, Inc.'s latest 10-Q filed with the SEC on 2026-08-27, the biggest revenue drivers are: Subscription and support ($10,820M, +12% YoY); Agentforce Apps ($7,193M, +8% YoY); Data 360, Headless Platform, and Other ($3,618M, +20% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/CRM.

What are CRM's largest expenses?

Salesforce, Inc.'s latest 10-Q reports these as the largest expense items: Sales and marketing ($3,859M, +$416M YoY); Total cost of revenues ($2,649M, +$407M YoY); Research and development ($1,687M, +$206M YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2027 (quarter ended July 31, 2026).

How often is CRM research updated on 13F Pro?

CRM's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

Salesforce, Inc.(CRM)Stock Analysis

AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →

Technology →NYSElarge

Institutional-grade research for retail investors

SEC EDGAR: CIK 1108524 CRM stock profile & AI dashboard →

13F Pro Quality Score

77.0/100

Rank #75 of 2,961 stocksTOP 5%

View Technology peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

62.2/100

Profitability

85.7/100

Balance Sheet

84.1/100

Earnings Quality

62.3/100

Free Cash Flow

87.5/100

Institutional Flow

89.3/100

Revenue Scale

96.6/100

Dilution Risk

18.2/100

Email me the moment this company reports earnings

AI Research Report

Two-page plain-English analysis: business, thesis, and three scenarios for the next two years. Refreshed every quarter.

Upgrade to Pro

Pro: 5 reports/month · Pro+: unlimitedOpinion, not investment advice. Do your own research.

Why CRM Scores 77/100

exact factor attribution · 2026-09-11

CRM's composite is driven by scale and free cash flow, held back by shareholder dilution. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Scale

+7.0 pts

97th pct

Free cash flow

+5.6 pts

88th pct

Profitability

+5.4 pts

86th pct

Capital efficiency

+3.4 pts

84th pct

Revenue growth

+2.4 pts

62th pct

Institutional flow

+2.0 pts

89th pct

Earnings growth

+1.6 pts

81th pct

Earnings quality

+1.2 pts

62th pct

Shareholder dilution

-1.6 pts

18th pct

Latest change (2026-08-28): 76 → 77 · ↑ Earnings growth 71→80

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

CRM Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for Salesforce, Inc. (CRM), a Technology sector company. 13F Pro's AI-powered ranking engine scores CRM at 77.0/100 on a 32-signal composite quality model, placing it at rank #75 of 2,961 stocks — the top 5% of the AI-ranked universe. CRM scores in the top quartile across revenue scale (96.6), institutional flow (89.3), free cash flow (87.5). Shareholder dilution risk is elevated at 18.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Salesforce, Inc. reports quarterly revenue of $11.3B, net income of $3.5B, an operating margin of 20.5%. Top institutional holders of CRM by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, STATE STREET, based on the most recent SEC filings. CRM trades on the NYSE exchange and files with the SEC under CIK 1108524. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate CRM daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Salesforce, Inc. directly from SEC EDGAR. Salesforce, Inc.'s 13F Pro composite quality score has ranged between 55 and 82 since 2021, currently 77.0 — a stable long-term trajectory across 68 quarterly and live scoring snapshots.

✦

Fun facts about Salesforce, Inc.

Quirks, history, and lore behind CRM — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. technology company · mega-cap · listed on the NYSE · headquartered in San Francisco.
2
The Numbers
Annual revenue around $35 billion and growing, with a famously subscription-based model that keeps customers paying every single year whether they love it or not.
3
The History
Founded in 1999 in a San Francisco apartment, it pioneered the radical idea of selling business software over the internet instead of shipping it on a CD.
4
The Secret
Its whole pitch was "no software" — a dig at traditional enterprise giants — and it famously staged fake protests outside a Siebel Systems conference to make that point.
5
The Lore
It owns one of the tallest skyscrapers west of Chicago, plasters its name on the skyline, and its founder built an entire Hawaiian island wellness retreat between acquisitions.
6
The Giveaway
The world's leading customer relationship management platform, its mascot is a friendly cloud named SaaSy, and its ticker is literally the three-letter word for what it helps you manage.

▶ Think you know your stocks? Play the Daily Ticker

What's Driving CRM's Business? Latest 10-Q Breakdown

✓ 30/30 datapoints verified

AI-extracted from Salesforce, Inc.'s 10-Q filed 2026-08-27 — Q2 FY2027 (quarter ended July 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Revenue rose 11% to $11.3B, but net income of $3.5B was driven largely by $2.6B of strategic investment gains, including a $2.7B Anthropic markup.

Biggest Revenue Drivers

Subscription and support$10,820M+12% YoY

Volume-driven increases from new business, including new customers, upgrades and additional subscriptions; pricing was not a significant driver.

Professional services and other$525M-4% YoY

Less demand for larger, multi-year transformation engagements, which may continue in the near term.

Biggest Revenue Drivers

Total revenue: $11.3B+11% YoY

Subscription and support$10,820M+12% YoY

Volume-driven increases from new business, including new customers, upgrades and additional subscriptions; pricing was not a significant driver.

Within Subscription and support

Agentforce Apps$7,193M+8% YoY

Strong momentum in Agentforce Apps during the second quarter of fiscal 2027.

Data 360, Headless Platform, and Other$3,618M+20% YoY

Momentum in Data 360, bolstered by the acquisition of Informatica.

Professional services and other$525M-4% YoY

Less demand for larger, multi-year transformation engagements, which may continue in the near term.

Largest Expense Items

Sales and marketing$3,859M+$416M YoY

Higher employee-related costs, including stock-based compensation, and amortization of intangible assets acquired through business combinations.

Total cost of revenues$2,649M+$407M YoY

Increased service delivery expenses, including spend on hosting services and generative AI technologies, plus intangible asset amortization.

Research and development$1,687M+$206M YoY

Increased employee-related costs, as well as spend on hosting services and generative AI technologies.

General and administrative$725M-$9M YoY

Relatively flat in absolute dollars; revenue growth outpaced general and administrative expense growth.

Margins: Gross margin slipped to 77% from 78% as cost of revenues rose one point on hosting and generative AI spend plus intangible amortization; operating margin fell to 21% from 23%.

Watch Items from the Filing

Anthropic is roughly 45% of the $11.3B strategic investment portfolio, up from 22%; the quarter's $2.6B investment gain included a $2.7B Anthropic markup.
Debt principal rose to $39.5B from $14.5B after the $25.0B March 2026 notes; interest expense jumped to $473M from $67M.
Total remaining performance obligation was $66.3B, up 11% YoY; current RPO of $33.5B rose 14% YoY.
Restructuring charges rose to $94M from $4M; the company expects $170M–$190M of future cash payments, primarily severance.
Backpage-related suits span hundreds of plaintiffs across federal, state and MDL courts seeking unspecified damages; the company cannot estimate possible losses.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$11.3B

Net Income

Q2 2026

$3.5B

Free Cash Flow

Q2 2026

$1.1B

Operating Margin

Q2 2026

20.5%

ROIC

Q2 2026

12.0%

D/E Ratio

Q2 2026

1.02

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+9.6% YoY

$41.52BFY 2026

FY23 $31.35BFY24 $34.86BFY25 $37.90BFY26 $41.52B

Net Income

+20.3% YoY

$7.46BFY 2026

FY23 $208.0MFY24 $4.14BFY25 $6.20BFY26 $7.46B

Operating Income

+15.6% YoY

$8.33BFY 2026

FY23 $1.03BFY24 $5.01BFY25 $7.21BFY26 $8.33B

EPS (Diluted)

+22.6% YoY

$7.80FY 2026

FY23 $0.21FY24 $4.20FY25 $6.36FY26 $7.80

Total Assets

+9.1% YoY

$112.31BFY 2026

FY23 $98.85BFY24 $99.82BFY25 $102.93BFY26 $112.31B

Total Debt

+118.7% YoY

$18.44BFY 2026

FY23 $11.78BFY24 $10.43BFY25 $8.43BFY26 $18.44B

Op. Cash Flow

+14.5% YoY

$15.00BFY 2026

FY23 $7.11BFY24 $10.23BFY25 $13.09BFY26 $15.00B

Free Cash Flow

+15.8% YoY

$14.40BFY 2026

FY23 $6.31BFY24 $9.50BFY25 $12.43BFY26 $14.40B

Metric	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Revenue	$41.52B +9.6%	$37.90B +8.7%	$34.86B +11.2%	$31.35B +18.3%	$26.49B +24.7%	$21.25B
Net Income	$7.46B +20.3%	$6.20B +49.8%	$4.14B +1888.5%	$208.0M -85.6%	$1.44B -64.5%	$4.07B
Operating Income	$8.33B +15.6%	$7.21B +43.8%	$5.01B +386.5%	$1.03B +88.0%	$548.0M +20.4%	$455.0M
EPS (Diluted)	$7.80 +22.6%	$6.36 +51.4%	$4.20 +1900.0%	$0.21 -85.8%	$1.48 -66.2%	$4.38
Total Assets	$112.31B +9.1%	$102.93B +3.1%	$99.82B +1.0%	$98.85B +3.8%	$95.21B +43.6%	$66.30B
Total Debt	$18.44B +118.7%	$8.43B -19.1%	$10.43B -11.5%	$11.78B +11.2%	$10.60B +295.4%	$2.68B
Operating Cash Flow	$15.00B +14.5%	$13.09B +27.9%	$10.23B +43.9%	$7.11B +18.5%	$6.00B +25.0%	$4.80B
Free Cash Flow	$14.40B +15.8%	$12.43B +30.9%	$9.50B +50.5%	$6.31B +19.5%	$5.28B +13.6%	$4.65B

Get alerted when CRM's score changes

Free account: watchlist tracking, the daily AI brief, and the AI screener.

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Available Research

13F Pro tracks comprehensive data for Salesforce, Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of CRM

BlackRock, Inc.
$11.4B72,748,909 sh
VANGUARD CAPITAL MANAGEMENT LLC
$8.2B52,065,228 sh
STATE STREET CORP
$7.1B44,869,478 sh
MORGAN STANLEY
$3.7B23,311,316 sh
GEODE CAPITAL MANAGEMENT, LLC
$3.1B19,814,297 sh
HARRIS ASSOCIATES L P
$2.5B16,151,269 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$2.5B16,104,722 sh
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP
$2.1B13,278,612 sh
BANK OF AMERICA CORP /DE/
$1.9B12,218,090 sh
SUSQUEHANNA INTERNATIONAL GROUP, LLP
$1.9B11,928,100 sh

Fund	Value	Shares
BlackRock, Inc.	$11.4B	72,748,909
VANGUARD CAPITAL MANAGEMENT LLC	$8.2B	52,065,228
STATE STREET CORP	$7.1B	44,869,478
MORGAN STANLEY	$3.7B	23,311,316
GEODE CAPITAL MANAGEMENT, LLC	$3.1B	19,814,297
HARRIS ASSOCIATES L P	$2.5B	16,151,269
VANGUARD PORTFOLIO MANAGEMENT LLC	$2.5B	16,104,722
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	$2.1B	13,278,612
BANK OF AMERICA CORP /DE/	$1.9B	12,218,090
SUSQUEHANNA INTERNATIONAL GROUP, LLP	$1.9B	11,928,100

Companies Similar to CRM

Ranked by quality-profile closeness and shared hedge-fund ownership — not just sector membership.

ADBE

ADOBE INC.

AI score

Highly similar · 48 shared holders

HARRIS ASSOCIATES L P LSV ASSET MANAGEMENT PeakShares LLC

INTU

INTUIT INC.

AI score

Very similar · 38 shared holders

NORDEA INVESTMENT MANAGEMENT AB National Pension Service FERNBRIDGE CAPITAL MANAGEMENT LP

NOW

ServiceNow, Inc.

AI score

Very similar · 38 shared holders

NORDEA INVESTMENT MANAGEMENT AB National Pension Service Capital International Investors

TXN

TEXAS INSTRUMENTS INC

AI score

Very similar · 37 shared holders

Capital Research Global Investors Grantham, Mayo, Van Otterloo & Co. LLC Capital International Investors

AMAT

APPLIED MATERIALS INC /DE

AI score

Very similar · 41 shared holders

Capital Research Global Investors Sanders Capital, LLC Capital World Investors

AVGO

Broadcom Inc.

AI score

Very similar · 44 shared holders

Capital Research Global Investors Sanders Capital, LLC Capital World Investors

ADI

ANALOG DEVICES INC

AI score

Very similar · 31 shared holders

Alyeska Investment Group, L.P.National Pension Service abrdn plc

AAPL

Apple Inc.

AI score

Very similar · 44 shared holders

Capital Research Global Investors Sanders Capital, LLC Capital World Investors

Similarity is computed from the 8 composite sub-scores and latest-quarter 13F conviction holdings (index-style filers excluded). Refreshed monthly.

More Technology Companies

View all Technology →

AGILENT TECHNOLOGIES, INC.

AAOI

APPLIED OPTOELECTRONICS, INC.

AAPL

Apple Inc.

ABNB

Airbnb, Inc.

ACCL

Acco Group Holdings Ltd

ACCS

ACCESS Newswire Inc.

ACFN

ACORN ENERGY, INC.

ACIW

ACI WORLDWIDE, INC.

Put CRM on your watchlist

Track score changes the day Salesforce, Inc. files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.

View Pricing

Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Popular Research

AAPL

Apple

MSFT

Microsoft

NVDA

NVIDIA

GOOG

Alphabet

AMZN

Amazon

Is CRM a good stock to buy?

13F Pro's AI-powered analysis of Salesforce, Inc. (CRM) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for CRM are available on the CRM stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. CRM is classified as a large company.

Which hedge funds own CRM?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling CRM. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Salesforce, Inc.'s investment landscape.