← Salesforce, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $6.7b | $8.4b | $10.5b | $13.3b | $17.1b | $21.3b | $26.5b | $31.4b | $34.9b | $37.9b | $41.5b | |
| Cost of Revenue | $5.8b | $2.2b | $2.8b | $3.5b | $4.2b | $5.4b | $7.0b | $8.4b | $8.5b | $8.6b | $9.3b | |
| Total cost of revenues | $5.8b | $2.2b | $2.8b | $3.5b | $4.2b | $5.4b | $7.0b | $8.4b | $8.5b | $8.6b | $9.3b | |
| Gross Profit | $5.0b | $6.2b | $7.7b | $9.8b | $12.9b | $15.8b | $19.5b | $23.0b | $26.3b | $29.3b | $32.3b | |
| Research and development | $946.3m | $1.2b | $1.6b | $1.9b | $2.8b | $3.6b | $4.5b | $5.1b | $4.9b | $5.5b | $6.0b | |
| Operating Expenses | $4.9b | $6.1b | $7.5b | $9.3b | $12.6b | $15.4b | $18.9b | $22.0b | $21.3b | $22.0b | $23.9b | |
| Total operating expenses | $4.9b | $6.1b | $7.5b | $9.3b | $12.6b | $15.4b | $18.9b | $22.0b | $21.3b | $22.0b | $23.9b | |
| Operating Income (Loss) | $114.9m | $64.2m | $235.8m | $535.0m | $297.0m | $455.0m | $548.0m | $1.0b | $5.0b | $7.2b | $8.3b | |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible Assets | — | $227.8m | — | — | — | — | — | — | — | — | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | $400.0m | $900.0m | $1.6b | $87.0m | — | — | — | |
| Gain (Loss) on Investments | — | $13.7m | $0 | $542.0m | $427.0m | $2.2b | $1.2b | ($239.0m) | ($277.0m) | ($121.0m) | $1.0b | |
| Gains (losses) on strategic investments, net | — | $13.7m | $0 | $542.0m | $427.0m | $2.2b | $1.2b | ($239.0m) | ($277.0m) | ($121.0m) | $1.0b | |
| General and administrative | $748.2m | $967.6m | $1.1b | $1.3b | $1.7b | $2.1b | $2.6b | $2.6b | $2.5b | $2.8b | $3.0b | |
| Goodwill, Impairment Loss | $0 | — | — | — | $0 | $0 | $0 | $828.0m | $988.0m | $461.0m | $586.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($49.6m) | $65.4m | $51.1m | $839.0m | $686.0m | $2.7b | $1.3b | $398.0m | $4.0b | $5.1b | $6.6b | |
| Investment Income, Interest | $14.1m | $21.9m | $36.5m | $61.0m | $117.0m | — | — | — | — | $647.0m | $539.0m | |
| Other income | — | $9.1m | $17.4m | $3.0m | ($18.0m) | — | ($227.0m) | ($131.0m) | $216.0m | $354.0m | $172.0m | |
| Provision for income taxes | — | $154.2m | ($74.6m) | $127.0m | ($580.0m) | $1.5b | ($88.0m) | ($452.0m) | ($814.0m) | ($1.2b) | ($2.1b) | |
| Realized Investment Gains (Losses) | — | — | — | $464.0m | — | — | $293.0m | $71.0m | $41.0m | $119.0m | $47.0m | |
| Restructuring | $0 | — | — | — | $0 | $0 | $0 | $828.0m | $988.0m | $461.0m | $586.0m | |
| Sales and marketing | $3.2b | $3.9b | $4.8b | $6.1b | $7.9b | $9.7b | $11.9b | $13.5b | $12.9b | $13.3b | $14.3b | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | $706.0m | $2.6b | $1.5b | $660.0m | $5.0b | $7.4b | $9.5b | |
| Investment Income, Net | $15.3m | $27.4m | $35.8m | $57.0m | $118.0m | — | — | — | — | — | — | |
| Income before provision for income taxes | — | — | — | — | $706.0m | $2.6b | $1.5b | $660.0m | $5.0b | $7.4b | $9.5b | |
| Net Income (Loss) Attributable to Parent | ($47.4m) | $179.6m | $127.5m | $1.1b | $126.0m | $4.1b | $1.4b | $208.0m | $4.1b | $6.2b | $7.5b | |
| Earnings Per Share, Basic | ($0.07) | $0.26 | $0.18 | $1.48 | $0.15 | $4.48 | $1.51 | $0.21 | $4.25 | $6.44 | $7.85 | |
| Earnings Per Share, Diluted | ($0.07) | $0.26 | $0.17 | $1.43 | $0.15 | $4.38 | $1.48 | $0.21 | $4.20 | $6.36 | $7.80 | |
| Weighted Average Number of Shares Outstanding, Basic | 661.6m | 687.8m | 714.9m | 751.0m | 829.0m | 908.0m | 955.0m | 992.0m | 974.0m | 962.0m | 950.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 661.6m | 700.2m | 734.6m | 775.0m | 850.0m | 930.0m | 974.0m | 997.0m | 984.0m | 974.0m | 956.0m | |
| Current Income Tax Expense (Benefit) | $111.1m | $76.7m | $80.4m | $156.0m | $553.0m | $279.0m | $342.0m | $786.0m | $1.6b | $2.5b | $1.1b | |
| General and Administrative Expense | $748.2m | $967.6m | $1.1b | $1.3b | $1.7b | $2.1b | $2.6b | $2.6b | $2.5b | $2.8b | $3.0b | |
| Interest Expense | $72.5m | $89.0m | $86.9m | $154.0m | — | — | — | — | — | — | — | |
| Interest Expense, Debt | $40.5m | $49.6m | $54.2m | $126.0m | $110.0m | $110.0m | $216.0m | $287.0m | — | $272.0m | $324.0m | |
| Other Nonoperating Income (Expense) | — | $9.1m | $17.4m | $3.0m | ($18.0m) | — | ($227.0m) | ($131.0m) | $216.0m | $354.0m | $172.0m | |
| Research and Development Expense | $946.3m | $1.2b | $1.6b | $1.9b | $2.8b | $3.6b | $4.5b | $5.1b | $4.9b | $5.5b | $6.0b | |
| Selling and Marketing Expense | $3.2b | $3.9b | $4.8b | $6.1b | $7.9b | $9.7b | $11.9b | $13.5b | $12.9b | $13.3b | $14.3b | |
| Income Tax Expense (Benefit) | $111.7m | ($154.2m) | $74.6m | ($127.0m) | $580.0m | ($1.5b) | $88.0m | $452.0m | $814.0m | $1.2b | $2.1b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.