Revenue segments as reported by the company.

Sales Cloud

Service Cloud

Marketing & Commerce Cloud

Salesforce Platform & Other

Professional Services & Other

Integration and Analytics

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Restructuring

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Salesforce

Heroku is a cloud platform as a service supporting several programming languages that is used as a web application deployment model. Heroku, one of the first cloud platforms, has been in development since June 2007, when it supported only the Ruby programming language, but now supports Java, Node.js, Scala, Clojure, Python, PHP, and Go. For this reason, Heroku is said to be a polyglot platform as it lets the developer build, run and scale applications in a similar manner across all the languages.

Heroku

Quip is a collaborative productivity software suite for mobile and the Web. It allows groups of people to create and edit documents and spreadsheets as a group, typically for business purposes.

Quip

Demandware is a software technology company headquartered in Burlington, Massachusetts, providing a cloud-based e-commerce platform and related services for retailers and brand manufacturers around the world. In 2016, Demandware was acquired by Salesforce for $2.8B.

Demandware

Work.com (Formerly Rypple) is a social performance management platform that helps managers and employees improve work performance through continuous coaching, real-time feedback, and recognition. It is marketed as a solution for sales performance, customer service, marketing, and as a service that can be employed by human resource departments.

Work.com

Slack Technologies, Inc.—acquired by Salesforce ($CRM) for $27.7B in July 2021—is a messaging platform businesses. Per the terms of the deal, Slack shareholders received $26.79 in cash and 0.0776 shares of Salesforce for each share owned. See the $CRM stock page for updates on Slack as a subsidiary of Salesforce.
Slack was founded by Daniel Stewart Butterfield, Bradley J. Horowitz, Eric Costello, Callum James Henderson-Begg, and Serguei Mourachov in 2009 and is headquartered in San Francisco, CA.

Slack Technologies

Salesforce, Inc. engages in the design and development of cloud-based enterprise software for customer relationship management. Its solutions include sales force automation, customer service and support, marketing automation, digital commerce, community management, collaboration, industry-specific solutions, and salesforce platform. The firm also provides guidance, support, training, and advisory services. The company was founded by Marc Russell Benioff and Parker Harris in 1999 and is headquartered in San Francisco, CA.

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

CRM exceeds Q1 targets, focuses on AI innovation and profitability

CRM's Q1 earnings call highlighted its strong performance and focus on AI innovation, productivity, and profitability. While facing challenges in certain segments, the company is leveraging opportunities in AI strategy and generative AI to drive value for customers. The focus on profitability and long-term efficiency gains reflects the company's commitment to sustainable growth.

Salesforce reports strong Q2 results, raises fiscal '24 revenue guidance

Salesforce's Q2 performance reflects strong revenue growth, margin acceleration, and a focus on AI and data. The company is navigating challenges related to professional services headwinds and anticipated cash tax increases. Opportunities lie in multi-cloud expansion, international acceleration, and leveraging AI for growth.

Salesforce exceeds Q3 revenue expectations, focuses on AI and Data Cloud

Salesforce's Q3 earnings call showcased robust financial performance, driven by strong revenue growth and margin expansion. The company's strategic focus on AI, Data Cloud, and trust revolution positions it well for future growth, despite challenges from transactional business and potential optimizations in SaaS licenses. Overall, Salesforce is optimistic about the opportunities presented by new technologies and pricing changes.

Salesforce surpasses revenue targets, aims for 27% margin growth

Salesforce's Q4 performance exceeded expectations, driven by MuleSoft and Tableau success, aiming for a 27% non-GAAP operating margin in fiscal '24.
The company is committed to profitability, customer success, and transforming for growth, with a focus on efficiency and margin enhancement.
Challenges include economic headwinds, balancing profitability with growth, and operational execution of margin optimization initiatives.
Opportunities include achieving margin targets, share repurchase plans, and leveraging mentorship for further growth and efficiency.

Salesforce exceeds margin targets, focuses on generative AI growth

Salesforce delivered strong Q1 results, exceeding margin targets and showcasing revenue growth, with a focus on generative AI and customer-centric strategies.
Challenges in professional services and certain sectors were noted, while opportunities lie in AI investments, customer productivity enhancements, and data protection.
The company's long-term strategies align with generative AI advancements, aiming to drive profitability improvements and efficiency gains through innovative approaches.
Despite regional revenue variations, Salesforce remains focused on driving sales productivity, upmarket sales, and transformative AI solutions for future growth and success.

Salesforce reports robust Q2 earnings, focuses on AI transformation

Salesforce's Q2 performance reflects strong financial results, margin growth, and strategic focus on AI and customer success. While facing challenges from restructuring and cash taxes, the company's disciplined approach and market leadership position it well for future growth and innovation.

Salesforce excels in Q3 with strong growth and margin expansion

Salesforce's Q3 performance showcased strong growth, margin expansion, and operational excellence, driven by successful initiatives and strategic investments. While facing challenges in transactional business and pricing changes, the company is well-positioned to capitalize on opportunities in AI, Data Cloud, and customer value.

Salesforce reports stellar Q4 performance, eyes AI transformation opportunities

Salesforce's Q4 2024 earnings call showcased robust financial performance, strong international growth, and a focus on AI innovation and customer value.
Challenges include optimizing professional services revenue, navigating pricing changes, and ensuring smooth AI adoption for sustained growth.
Opportunities lie in leveraging Data Cloud and AI demand, guiding industry AI transformation, and expanding revenue streams through product integration and market reach.
Overall, Salesforce's strategic focus on profitable growth, customer-centric innovation, and financial stability positions the company for continued success in FY '25.

Salesforce reports solid Q1 growth, focuses on AI and data

Salesforce's Q1 performance showed revenue growth and margin improvement, with strong international expansion.
Data Cloud business and strategic partnerships are driving growth, while challenges include deal cycles and economic impacts.
Opportunities lie in AI transformation, customer automation, and diverse pricing models to enhance competitiveness.
Overall, Salesforce's focus on innovation and customer-centric solutions positions it well for future growth and success.

Salesforce reports strong Q2 results, eyes growth with Agentforce

Salesforce's Q2 performance reflects solid revenue growth and product innovation with Agentforce. Financial outlook for fiscal year '25 is positive, with raised margin and cash flow guidance. Challenges include achieving double-digit growth and managing the CFO transition, while opportunities lie in AI, innovation, and customer success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

JFrog

There's no doubt about it: equities have had a super strong end to the year, with the Dow Jones index already at fresh all-time highs and the others on its heels. The benchmark S&P 500 index, for example, has returned 16% since the end of October, and the widely used VIX index is close to multi-year lows.

2 Tech stocks getting bullish upgrades ahead of Q1

Adobe

Advanced Micro Devices

The emergence of artificial intelligence in 2023 was incredibly important to the markets. In fact, it's reasonable to assume that AI may have saved the economy in 2023.

3 AI Stocks Ripe to Be One of the Next Magnificent 7

ServiceNow

Snowflake

Snowflake's prowess in handling unstructured data has proven to be a major strength. Product momentum and a partnership with AWS are key growth drivers for Salesforce.

3 Magnificent Growth Stocks to Buy Right Now and Hold in 2024 and Beyond

Salesforce is a top provider in CRM and has grown past sales automation by utilizing cloud computing. The company had strong Q3 results, beating revenue and cRPO growth expectations. Salesforce has a strong growth potential in the customer service market, with a complete product line and integration of AI.

Salesforce: Remains Well-Positioned For Further Upside

Apple

Chevron

Home Depot

Morgan Stanley

In recent years, stock buybacks have emerged as an efficient way for companies looking to bolster shareholder value.

The biggest stock buybacks of 2023

Intel

Microsoft

The outsized returns of the S&P 500 this year were driven by the returns of just a handful of stocks. Remove the so-called Magnificent 7 from the equation and the benchmark index's performance was relatively flat.

These Were the 3 Best Dow Stocks in 2023. Can They Repeat in 2024?

Ares Commercial Real Estate

Apollo Commercial Real Estate Finance

British American Tobacco

Blackstone Secured Lending Fund

Cornerstone Strategic Value Fund Inc

Ellington Financial

Energy Transfer LP Unit

Ford Motor Company

FS Credit Opportunities Corp

FS KKR Capital Corp

Modiv

Altria

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN

Orchid Island Capital

Pfizer

Prospect Capital

I discuss reader feedback and suggestions regarding the author's daily stock lists and dividend investing strategies. I also address criticisms of preference for low-priced stocks and the debate over whether a $1k investment should exceed the single-share price. Included is a list of the top 10 ReFa/Ro stocks for potential gains in the coming year based on analyst target prices.

November Readers Noted 27 Ideal-To-Buy Dividend Dogs

Workday

Zscaler

Salesforce.com Inc. NYSE: CRM, Zscaler Inc. NASDAQ: ZS and Workday Inc. NASDAQ: WDAY are all supported by secular trends that should sustain their growth, aided by AI.

Get ready to ring in the New Year with these upgrades

Salesforce Inc (NYSE: CRM) has about doubled in 2023 but a Morgan Stanley analyst is convinced that it's not out of juice just yet.

Salesforce stock outlook: Morgan Stanley sees a 35% upside

nCino, Inc.

Cloud banking firm nCino has expanded its 12-year-old collaboration with Salesforce. “Our strategic partnership with Salesforce has enabled nCino to transform the financial services industry by providing industry-specific solutions that drive efficiencies, deliver intelligence, and help institutions modernize for a more agile future,” nCino Chairman and CEO Pierre Naudé said in a Thursday (Dec. 21) press release.

Salesforce Expands Partnership With Cloud Banking Firm nCino

Salesforce (NYSE: CRM ) stock is a hot topic on Thursday after the company's shares got a new rating from Morgan Stanley analyst Keith Weiss. The Morgan Stanley analyst upgraded shares of CRM stock from an “equal weight” rating to an “overweight” rating.

Morgan Stanley Says Salesforce (CRM) Is Headed for Record High

Morgan Stanley upgraded CRM stock to overweight on views revenue growth will pick up, and raised its price target on Salesforce stock.

Salesforce Upgraded On Expected Revenue Growth Surge

UiPath

SentinelOne

Information technology companies have been on a tear all year. The Technology Select Sector SPDR Fund (NYSEARCA: XLK ) is the benchmark fund representing U.S. tech companies.

Best Tech Stocks for 2024: 3 Names to Add to Your Must-Buy List

Salesforce is successfully navigating a shift in focus from growth to profitability. AI could propel Adobe's product suite to even more impressive levels.

3 High-Growth Stocks That Could Be Worth $1 Trillion in 10 Years -- Or Sooner

Amazon

The cloud has completely changed how companies access and manage their applications and data. Instead of relying on locally hosted services, there has been a shift to cloud hosting.

3 Cloud Computing Stocks You'll Regret Not Buying Soon: December Edition

As Salesforce and Adobe tap artificial intelligence, fellow CRM leader HubSpot powers AI and 130% growth, lifting HUBS stock into buy range.

Salesforce And Adobe Rival Supercharges AI — And New Breakout

Salesforce is set to acquire incentive compensation management software Spiff. The deal, announced Tuesday (Dec. 19), will make Spiff part of Salesforce's Sales Cloud to improve the company's sales performance management solutions.

Salesforce Acquires Spiff to Improve Compensation Planning

BOSTON--(BUSINESS WIRE)--LinkSquares today announced it has launched LinkSquares Finalize on Salesforce AppExchange, a leading enterprise marketplace for partner apps and experts, empowering customers to streamline the sales contracting process and optimize collaboration between sales and legal departments. Customers will save time, improve contract accuracy, and strengthen cross-functional alignment – accelerating sales processes without sacrificing legal compliance. LinkSquares Finalize is cu.

LinkSquares Announces LinkSquares Finalize – Contract Lifecycle Management (CLM) for Salesforce on Salesforce AppExchange

Salesforce has announced plans to acquire Spiff, a platform that automates commission management for sales teams. Terms of the deal were not disclosed.

Salesforce acquires automated commission management platform Spiff

SAN RAMON, Calif.--(BUSINESS WIRE)-- #CloudERP--Rootstock Software will highlight ERP Cloud success at Salesforce Manufacturing Summit in Atlanta.

Rootstock Software to Highlight ERP Success at Salesforce Manufacturing Summit in Atlanta

Adobe and Salesforce stocks have both pulled back from their all-time highs. Adobe is grappling with slower growth and regulatory challenges.

Better Cloud Stock: Adobe vs. Salesforce

Salesforce's (CRM) groundbreaking updates - the Data Cloud Vector Database and Einstein Copilot Search - signify a transformative shift in AI capabilities, propelling customer-centricity and operational efficiency to new heights.

Salesforce (CRM) Boosts AI Offerings With Einstein 1 Upgrades

Vale S.A.

It's time for investors to do some year-end planning. What worked?

3 Strong Buy Stocks for a Year-End Pickup

LOS ANGELES--(BUSINESS WIRE)-- #AIpharmacy--Dr. Geeta Nayyar, former CMO of Salesforce, joins AI pharmacy company MDI Health.

News for Salesforce Stock (CRM)