| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $37.90B | $34.86B | $31.35B | $26.49B | $21.25B | $17.10B | $13.28B | $10.48B |
| Cost of Revenue | $8.64B | $8.54B | $8.36B | $7.03B | $5.44B | $4.24B | $3.45B | $2.71B |
| Gross Profit | $29.25B | $26.32B | $22.99B | $19.47B | $15.81B | $12.86B | $9.83B | $7.77B |
| Gross Margin | 77.19% | 75.50% | 73.34% | 73.48% | 74.41% | 75.23% | 74.02% | 74.11% |
| Operating Expenses | $22.05B | $21.30B | $21.96B | $18.92B | $15.36B | $12.57B | $9.30B | $7.31B |
| Operating Income | $7.21B | $5.01B | $1.03B | $548.00M | $455.00M | $297.00M | $535.00M | $454.00M |
| Operating Margin | 19.01% | 14.38% | 3.29% | 2.07% | 2.14% | 1.74% | 4.03% | 4.33% |
| Net Income | $6.20B | $4.14B | $208.00M | $1.44B | $4.07B | $126.00M | $1.11B | $360.00M |
| Net Margin | 16.35% | 11.87% | 0.66% | 5.45% | 19.16% | 0.74% | 8.36% | 3.44% |
| EPS (Basic) | $6.44 | $4.25 | $0.21 | $1.51 | $4.48 | $0.15 | $1.48 | $0.18 |
| EBITDA | $11.14B | $9.22B | $5.64B | $3.85B | $3.30B | $2.60B | $1.52B | $1.24B |
| Stock Option Compensation Expense | $3.18B | $2.79B | $3.28B | $2.78B | $2.19B | $1.78B | $1.28B | $997.01M |
| Price To Earnings Ratio | 53.04 | 66.19 | 801.09 | 153.85 | 50.94 | 1199.48 | 102.82 | 226.21 |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | $328.72B | $273.78B | $166.63B | $222.16B | $207.44B | $151.13B | $114.13B | $81.44B |
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Short Term Receivables | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Inventories | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Property, Plant & Equipment | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Investments and Advances | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Note Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Intangible Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Assets | $102.93B | $99.82B | $98.85B | $95.21B | $66.30B | $55.13B | $30.74B | $21.98B |
| Short Term Debt Incl. Current Port. of LT Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Provision for Risks Charges | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $41.76B | $40.18B | $40.49B | $37.08B | $24.81B | $21.24B | $15.13B | $11.61B |
| Non-Equity Reserves | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Preferred Stock - Carrying Value | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Common Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Shareholders Equity | $61.17B | $59.65B | $58.36B | $58.13B | $41.49B | $33.88B | $15.61B | $10.38B |
| Accumulated Minority Interest | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $61.17B | $59.65B | $58.36B | $58.13B | $41.49B | $33.88B | $15.61B | $10.38B |
| Total Liabilities & Stockholders Equity | $102.93B | $99.82B | $98.85B | $95.21B | $66.30B | $55.13B | $30.74B | $21.98B |
| Book Value Per Share | $63.59 | $61.24 | $58.83 | $60.87 | $45.70 | $40.87 | $20.78 | $14.51 |
| Tangible Book Value Per Share | $5.68 | $5.90 | $2.69 | $1.27 | $12.18 | $4.86 | $0.18 | $2.92 |
| Full-Time Employees | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Book Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 6.02% | 4.14% | 0.21% | 1.52% | 6.14% | 0.23% | 3.61% | 1.64% |
| Return on Equity | 10.13% | 6.93% | 0.36% | 2.48% | 9.81% | 0.37% | 7.11% | 3.47% |
| Return on Invested Capital | 7.95% | 5.60% | 0.43% | 0.70% | 0.92% | 0.13% | 2.72% | 2.98% |
| Quick Ratio | 1.06 | 1.09 | 1.02 | 1.05 | 1.23 | 1.08 | 0.95 | 0.95 |
| Current Ratio | 1.06 | 1.09 | 1.02 | 1.05 | 1.23 | 1.08 | 0.95 | 0.95 |
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Net Income | $6.20B | $4.14B | $208.00M | $1.44B | $4.07B | $126.00M | $1.11B | $360.00M |
| Depreciation | $3.48B | $3.22B | $3.79B | $3.30B | $2.85B | $2.13B | $982.00M | $784.00M |
| Other Funds (Non Cash) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Funds from Operations | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Extraordinary Item | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Changes in Working Capital | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Taxes Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Operating Activities | $13.09B | $10.23B | $7.11B | $6.00B | $4.80B | $4.33B | $3.40B | $2.74B |
| Capital Expenditures | $658.00M | $736.00M | $798.00M | $717.00M | $710.00M | $643.00M | $595.00M | $534.03M |
| Net Assets From Acquisitions | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale of Fixed Assets and Businesses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase or Sale of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale Or Maturity of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Uses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Sources | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Investing Activities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash Dividends Paid | $1.54B | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Change in Capital Stock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Repurchase of Common Pref Stock | $7.83B | $7.62B | $4.00B | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Sale of Common Pref Stock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Proceeds from Stock Options | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance or Reduction of Debt, Net | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Change in Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Reduction of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Financing Active Other Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Financing Activities Uses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Financing Activities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Exchange Rate Effect | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Change in Cash | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | $12.43B | $9.50B | $6.31B | $5.28B | $4.09B | $3.69B | $2.80B | $2.20B |
| Preferred Dividends (Cash Flow) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Company coverage
Salesforce, Inc. is a leading provider of customer relationship management (CRM) solutions, dedicated to connecting businesses and their clientele on a global scale. At its core, the Customer 360 platform empowers organizations to create seamless, integrated experiences for their customers. The company's extensive suite of services encompasses a wide array of functionalities: Sales: Tools designed to manage sales pipelines, track leads, forecast opportunities, extract data-driven insights through analytics, and streamline the creation of quotes, contracts, and invoices. Service: Capabilities enabling companies to deliver highly personalized, trustworthy, and scalable customer support. Platform: A versatile development environment, featuring intuitive drag-and-drop tools, that allows businesses of diverse sizes, locations, and industries to build tailored applications, thereby strengthening customer relationships. Learning: An online educational platform providing accessible training to acquire sought-after Salesforce skills. Slack: A comprehensive system for team collaboration and engagement. Marketing: Solutions for strategizing, personalizing, and optimizing individual customer marketing journeys. Commerce: Offerings that unify customer interactions across various channels, including mobile, web, social media, and physical retail stores. Tableau: A complete analytics solution addressing a broad spectrum of enterprise data analysis needs. MuleSoft: An integration platform designed to unlock and connect data residing across an organization's various systems. Salesforce's offerings cater to numerous sectors, such as financial services, healthcare, life sciences, and manufacturing, among others. Beyond its core products, the company also provides professional services and conducts both in-person and online courses to certify customers and partners in the architecture, administration, deployment, and development of its services. Its solutions are distributed through direct sales channels, as well as a network of consulting firms, systems integrators, and other strategic partners. Established in 1999, Salesforce, Inc. maintains its headquarters in San Francisco, California.
Why it moved over time
Salesforce CEO Marc Benioff's defense of the company's AI strategy and disclosure of Agentforce ARR ($800M, +169% YoY) likely refocused investors on AI adoption and near-term monetization prospects.
Key fact: Agentforce ARR $800M (up 169% YoY); 2.4 billion AI work units delivered.
The Motley Fool: Marc Benioff Says Wall Street's Fears That AI Will Kill Salesforce Are "Dead Wrong" Even as CRM Stock Has Fallen Over 30% in 2026. Should Investors Bet on His Conviction?Shares are reacting to Salesforce's $1.6 billion Department of Veterans Affairs ceiling contract for Agentforce, validating demand for its AI agents and bolstering growth outlook for its agentic AI products.
Key fact: The Department of Veterans Affairs awarded Salesforce a $1.6 billion ceiling contract for Agentforce over three years.
GlobeNewswire Inc.: EDMO Expands System Intelligence Layer to Simplify Higher Education Admissions