CRM · 10-Q · 2026Q3 · Full report

Anthropic Investment Exposure

Salesforce, Inc. · 2026-08-27 · Importance 83 · Surprise 82 · Matches filing data

Strategic-investment gains were $2.613 billion in the second quarter and $3.171 billion in the first six months of fiscal 2027, compared with a $57 million loss in the prior-year six-month period. Six-month gains included $3.2 billion of unrealized gains on privately held equity investments and $354 million of realized gains on security sales, partly offset by $404 million of private-investment impairments. The company’s Anthropic investment contributed $2.7 billion of unrealized gains in the quarter and $3.0 billion year to date. Second-quarter unrealized private-equity gains of $2.9 billion were partly offset by $285 million of impairments.

Key facts

• The unrealized gains for the three and six months ended July 31, 2026 include gains of $2.7 billion and $3.0 billion, respectively, related to the Company’s investment in Anthropic. source
• Gains on strategic investments, net were $2,613 million for the three months ended July 31, 2026 and $3,171 million for the six months ended July 31, 2026. source
• Gains (losses) on strategic investments impacted our diluted net income per share by $2.87 and ($0.05) for the six months ended July 31, 2026 and 2025, respectively, based on a U.S. tax rate of 23.5%. source

Impact estimates