Salesforce, Inc. (CRM) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Sales/Revenue | 11.13B | 11.2B | 10.26B | 10.24B | 9.83B | 9.99B | 9.44B | 9.32B | 9.13B | 9.29B | 8.72B | 8.6B | 8.25B | 8.38B | 7.84B | 7.72B | 7.41B | 7.33B | 6.86B | 6.34B |
| Revenue Growth % | 13.27% | 12.09% | 8.63% | 9.77% | 7.62% | 7.6% | 8.3% | 8.39% | 10.74% | 10.77% | 11.27% | 11.44% | 11.28% | 14.44% | 14.19% | 21.77% | 24.28% | 25.94% | 26.65% | 23.08% |
| Cost of Goods Sold | 2.57B | 2.51B | 2.25B | 2.24B | 2.27B | 2.22B | 2.1B | 2.16B | 2.16B | 2.15B | 2.15B | 2.11B | 2.13B | 2.1B | 2.09B | 2.13B | 2.04B | 2.01B | 1.84B | 1.61B |
| COGS % of Revenue | 23.08% | 22.39% | 21.98% | 21.9% | 23.04% | 22.19% | 22.29% | 23.15% | 23.67% | 23.13% | 24.71% | 24.56% | 25.77% | 25.05% | 26.64% | 27.55% | 27.59% | 27.49% | 26.87% | 25.44% |
| Gross Profit | 8.56B | 8.69B | 8B | 7.99B | 7.56B | 7.78B | 7.34B | 7.17B | 6.97B | 7.14B | 6.57B | 6.49B | 6.12B | 6.28B | 5.75B | 5.59B | 5.37B | 5.31B | 5.02B | 4.73B |
| Gross Margin % | 76.92% | 77.61% | 78.02% | 78.1% | 76.96% | 77.81% | 77.71% | 76.85% | 76.33% | 76.87% | 75.29% | 75.44% | 74.23% | 74.95% | 73.36% | 72.45% | 72.41% | 72.51% | 73.13% | 74.56% |
| Gross Profit Growth % | 13.21% | 11.79% | 9.06% | 11.55% | 8.51% | 8.92% | 11.79% | 10.42% | 13.87% | 13.61% | 14.19% | 16.04% | 14.09% | 18.3% | 14.54% | 18.32% | 21.73% | 22.45% | 24.7% | 23.1% |
| Operating Expenses | 6.14B | 6.24B | 5.82B | 5.66B | 5.62B | 5.96B | 5.45B | 5.38B | 5.25B | 5.52B | 5.06B | 5.01B | 5.71B | 5.93B | 5.29B | 5.4B | 5.35B | 5.49B | 4.98B | 4.39B |
| OpEx % of Revenue | 55.12% | 55.73% | 56.69% | 55.28% | 57.2% | 59.6% | 57.67% | 57.73% | 57.53% | 59.41% | 58.07% | 58.28% | 69.24% | 70.69% | 67.49% | 69.95% | 72.14% | 74.91% | 72.58% | 69.32% |
| Selling, General & Admin | 4.51B | 4.92B | 4.12B | 4.18B | 4.13B | 4.24B | 4.03B | 3.94B | 3.89B | 4.07B | 3.81B | 3.75B | 3.79B | 3.97B | 4.01B | 4.07B | 4.03B | 4.2B | 3.78B | 3.38B |
| SG&A % of Revenue | 40.5% | 43.92% | 40.19% | 40.81% | 41.98% | 42.41% | 42.71% | 42.2% | 42.55% | 43.81% | 43.64% | 43.53% | 45.98% | 47.36% | 51.15% | 52.73% | 54.35% | 57.29% | 55.05% | 53.23% |
| Research & Development | 1.63B | 1.62B | 1.43B | 1.48B | 1.46B | 1.42B | 1.36B | 1.35B | 1.37B | 1.27B | 1.2B | 1.22B | 1.21B | 1.13B | 1.28B | 1.33B | 1.32B | 1.29B | 1.2B | 1.02B |
| R&D % of Revenue | 14.61% | 14.45% | 13.97% | 14.47% | 14.85% | 14.21% | 14.36% | 14.47% | 14.98% | 13.73% | 13.81% | 14.18% | 14.64% | 13.45% | 16.33% | 17.21% | 17.78% | 17.62% | 17.53% | 16.09% |
| Other Operating Expenses | 0 | -1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 2.43B | 2.45B | 2.19B | 2.33B | 1.94B | 1.82B | 1.89B | 1.78B | 1.71B | 1.62B | 1.5B | 1.48B | 412M | 357M | 460M | 193M | 20M | -176M | 38M | 332M |
| Operating Margin % | 21.8% | 21.88% | 21.33% | 22.78% | 19.76% | 18.21% | 20.04% | 19.12% | 18.71% | 17.47% | 17.21% | 17.16% | 5% | 4.26% | 5.87% | 2.5% | 0.27% | -2.4% | 0.55% | 5.24% |
| Operating Income Growth % | 24.97% | 34.67% | 15.58% | 30.79% | 13.63% | 12.21% | 26.12% | 20.8% | 314.81% | 354.34% | 226.3% | 664.77% | 1960% | 302.84% | 1110.53% | -41.87% | -94.35% | -191.19% | -83.04% | 86.52% |
| EBITDA | 2.43B | 3.57B | 3.04B | 3.15B | 2.79B | 2.7B | 2.71B | 2.69B | 2.59B | 2.58B | 2.36B | 2.37B | 1.67B | 1.39B | 1.4B | 1.1B | 926M | 755M | 1B | 1.05B |
| EBITDA Margin % | 21.8% | 31.88% | 29.62% | 30.76% | 28.33% | 26.99% | 28.66% | 28.85% | 28.34% | 27.73% | 27.1% | 27.5% | 20.2% | 16.57% | 17.88% | 14.25% | 12.49% | 10.31% | 14.59% | 16.58% |
| EBITDA Growth % | -12.85% | 32.41% | 12.26% | 17.06% | 7.61% | 4.74% | 14.56% | 13.69% | 55.34% | 85.39% | 68.67% | 115.09% | 79.91% | 83.97% | 39.96% | 4.66% | -10.88% | -28.91% | 11.97% | 27.09% |
| D&A (Non-Cash Add-back) | 0 | 1.12B | 851M | 817M | 843M | 877M | 814M | 907M | 879M | 953M | 862M | 890M | 1.25B | 1.03B | 941M | 907M | 906M | 931M | 963M | 719M |
| EBIT | 2.43B | 2.63B | 2.15B | 2.41B | 1.91B | 2.12B | 1.95B | 1.88B | 1.72B | 1.79B | 1.56B | 1.52B | 1.12B | 1.19B | 460M | 193M | 20M | -176M | 38M | 332M |
| Net Interest Income | -317M | 0 | 72M | 83M | 101M | -68M | -67M | -68M | 0 | 0 | -70M | -70M | 0 | -63M | -75M | -76M | -74M | -75M | -72M | -40M |
| Interest Income | 0 | 0 | 139M | 150M | 169M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 317M | 0 | 67M | 67M | 68M | 68M | 67M | 68M | 0 | 0 | 70M | 70M | 0 | 63M | 75M | 76M | 74M | 75M | 72M | 40M |
| Other Income/Expense | 294M | 177M | 324M | 74M | 32M | 168M | -147M | 54M | 158M | 23M | -14M | 16M | -86M | -324M | 15M | -12M | -49M | -21M | 261M | 494M |
| Pretax Income | 2.72B | 2.63B | 2.51B | 2.41B | 1.97B | 1.99B | 1.75B | 1.84B | 1.87B | 1.65B | 1.49B | 1.49B | 326M | 33M | 475M | 181M | -29M | -197M | 299M | 826M |
| Pretax Margin % | 24.44% | 23.46% | 24.49% | 23.51% | 20.08% | 19.89% | 18.49% | 19.7% | 20.44% | 17.71% | 17.05% | 17.34% | 3.95% | 0.39% | 6.06% | 2.34% | -0.39% | -2.69% | 4.36% | 13.03% |
| Income Tax | 614M | 685M | 426M | 519M | 433M | 280M | 219M | 408M | 334M | 199M | 263M | 225M | 127M | 131M | 265M | 113M | -57M | -169M | -169M | 291M |
| Effective Tax Rate % | 22.57% | 26.07% | 16.96% | 21.57% | 21.94% | 14.08% | 12.54% | 22.21% | 17.89% | 12.1% | 17.69% | 15.08% | 38.96% | 396.97% | 55.79% | 62.43% | 196.55% | 85.79% | -56.52% | 35.23% |
| Net Income | 2.11B | 1.94B | 2.09B | 1.89B | 1.54B | 1.71B | 1.53B | 1.43B | 1.53B | 1.45B | 1.22B | 1.27B | 199M | -98M | 210M | 68M | 28M | -28M | 468M | 535M |
| Net Margin % | 18.93% | 17.35% | 20.33% | 18.43% | 15.68% | 17.09% | 16.17% | 15.32% | 16.79% | 15.57% | 14.04% | 14.73% | 2.41% | -1.17% | 2.68% | 0.88% | 0.38% | -0.38% | 6.82% | 8.44% |
| Net Income Growth % | 36.73% | 13.76% | 36.61% | 32.05% | 0.52% | 18.12% | 24.75% | 12.79% | 670.35% | 1575.51% | 482.86% | 1763.24% | 610.71% | -250% | -55.13% | -87.29% | -94.03% | -110.49% | -56.71% | -79.62% |
| Net Income (Continuing) | 2.11B | 1.94B | 2.09B | 1.89B | 1.54B | 1.71B | 1.53B | 1.43B | 1.53B | 1.45B | 1.22B | 1.27B | 199M | -98M | 210M | 68M | 28M | -28M | 468M | 535M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 2.42 | 2.07 | 2.18 | 1.96 | 1.59 | 1.75 | 1.58 | 1.47 | 1.56 | 1.47 | 1.25 | 1.28 | 0.20 | -0.10 | 0.21 | 0.07 | 0.03 | -0.03 | 0.47 | 0.56 |
| EPS Growth % | 52.2% | 18.29% | 37.97% | 33.33% | 1.92% | 19.05% | 26.4% | 14.84% | 680% | 1575.9% | 495.24% | 1785.13% | 614.29% | -250.7% | -55.32% | -87.88% | -94.4% | -110.14% | -59.13% | -80.35% |
| EPS (Basic) | 2.43 | 2.08 | 2.19 | 1.97 | 1.61 | 1.78 | 1.60 | 1.48 | 1.58 | 1.49 | 1.26 | 1.30 | 0.20 | -0.10 | 0.21 | 0.07 | 0.03 | -0.03 | 0.48 | 0.57 |
| Diluted Shares Outstanding | 871M | 940M | 962M | 962M | 970M | 974M | 975M | 973M | 985M | 983M | 981M | 986M | 988M | 984M | 1B | 1B | 1B | 986M | 1B | 950M |
| Basic Shares Outstanding | 868M | 935M | 955M | 956M | 969.18M | 959M | 963M | 964M | 970M | 970M | 972M | 975M | 988M | 984M | 997M | 997M | 991M | 985M | 980M | 933M |
| Dividend Payout Ratio | 17.32% | 20.12% | 18.94% | 21.14% | 26.09% | 22.42% | 25.02% | 26.87% | 25.31% | - | - | - | - | - | - | - | - | - | - | - |