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

Earnings data Q2 2022

Earnings data Q3 2022

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

Fortinet

Southern Copper

Workday

Wells Fargo

It will be prudent to invest in beaten-down U.S. corporate giants in 2022 that have solid potential for 2023. Five such stocks are: FTNT, WDAY, WFC, CRM and SCCO.

Top 5 U.S. Corporate Giants at Attractive Valuation for 2023

This industry-leading SaaS platform has been taken down by the bear market, but this too shall pass.

Tech Sell-Off: 1 Top Growth Stock Down 59% to Buy Before It Starts Soaring

Advanced Micro Devices

Netflix

PayPal

Tesla

Amazon

Edwards Lifesciences

Intel

Micron Technology

It appears to us at Smead Capital Management that investors are behaving in a way that will damage their capital and cause them to suffer stock market failure. In 2022, as the favorite tech stocks of the last ten years got trounced, individual investors poured $100 billion into mutual funds and ETFs dominated by ownership of the very stocks which have created the most damage to their results.

Unreliable Contrarianism

Zoom Video

The top line growth of Salesforce (CRM) and Zoom Video (ZM) makes both stocks look like viable investments for 2023 and beyond.

Salesforce (CRM) Vs. Zoom Video (ZM): Which Stock is the Better Buy for 2023?

CNBC reported on Friday that Marc Benioff sent a message on the company Slack channel that newer employees weren't as productive. He questioned if this was due to working from home since COVID, and a lack of training and sharing of tribal knowledge that was previously part of the in-office culture.

Benioff's reported Slack statement muddles message about Salesforce's view of WFH

With the help of Salesforce (CRM) advanced technology solutions like Genie Customer Data Cloud, Casey's General Stores improved customer engagement and revenues through enhanced marketing.

Salesforce (CRM) Boosts Casey's Customer Engagement, Top Line

CrowdStrike

Fiverr

Upstart Holdings

These fast-paced companies have the innovative capacity and competitive edges necessary to make patient investors richer.

I'm Sitting On a Mountain of Cash: 4 Brand-New Stocks I'm Looking to Buy Next

Last year Marc Benioff, Salesforce's co-founder and CEO, said people could work very productively at home. Now he's saying newer employees are having issues.

Marc Benioff tells Salesforce workers that new employees are 'facing lower productivity'

Cloud software faces a rough and uncertain time ahead as corporate budgets gird for a feared recession, but one analyst said that risk is not even among players in the sector and that investors need to be “highly selective” in their picks.

Salesforce ‘in the penalty box,' while Workday sidestepping headwinds, analyst says of cloud software space

Casey's General Stores

By consolidating fragmented technologies and moving to Salesforce, Casey's has increased customer engagement and automation, activating more marketing with less spend SAN FRANCISCO , Dec. 15, 2022 /PRNewswire/ -- Salesforce (NYSE: CRM), the global leader in CRM, today announced that Casey's General Stores, Inc., the third-largest convenience store retailer and the fifth-largest pizza chain in the United States, has experienced increased revenue and engagement with its customer base with the help of Salesforce technology. Salesforce has assisted Casey's in sending over 1 billion marketing messages to their more than 5.5 million Rewards loyalty members this year.

Casey's Delivers More Personalized Customer Experiences with Salesforce

One Wall Street analyst believes this is the "moment of truth" for Salesforce.com stock.

Despite Layoffs, Salesforce.com Is Still Attractive

The U.S. Supreme Court on Tuesday agreed to hear a bid by Slack Technologies Inc, part of Salesforce Inc , to avoid a lawsuit accusing the workplace communication software company of misstatements in its 2019 direct listing - an alternative to an initial public offering.

U.S. Supreme Court to hear dispute case over Slack's direct stock listing

It's been an ugly year for Salesforce, and some leadership exits are concerning.

3 Reasons to Buy Salesforce Stock to Kick Off 2023

Investors were cheered by a potential development on the regulatory front.

Why Salesforce Stock Was a Winner on Monday

It does not mean that companies announcing job cuts are in bad shape. Here we discuss why investors should keep holding META, AMZN and CRM stocks despite their layoff announcements.

3 Stocks You Should Not Avoid Despite Their Layoff Announcements

Adobe

Global X Cloud Computing ETF

Datadog

Fastly

Shopify

Twilio

The unexpected coronavirus outbreak in 2020 had a crippling effect on most industries worldwide. However, digitization grew at a breathtaking pace, with businesses rapidly changing how they operate.

7 Cloud Stocks That Will Lift Your Portfolio Sky High

Salesforce insiders attribute recent departures to co-CEO Marc Benioff exerting increasing control.

Inside the turmoil at Salesforce as executive departures create a leadership crisis

Exelixis

Alphabet

Pubmatic

These bargain-basement-priced growth stocks are ripe for the picking following a 38% peak decline in the Nasdaq Composite.

Nasdaq Bear Market: 5 Exceptionally Cheap Growth Stocks You'll Regret Not Buying on the Dip

Alcoa

Costco

Lululemon Athletica

MongoDB

Microsoft

Target

Despite dismal action in the market this week, many companies responded favorably to earnings.

EPS: Winners, Losers, & Industry Themes

Salesforce, Inc. (NYSE:CRM ) Barclays Global Technology, Media and Telecommunications Conference Transcript December 8, 2022 3:10 PM ET Company Participants Brian Millham - President and COO Conference Call Participants Raimo Lenschow - Barclays Capital Raimo Lenschow All right. Hey. Welcome to our lunch session.

Salesforce, Inc. (CRM) Management Presents at Barclays Global Technology, Media and Telecommunications Conference (Transcript)

Salesforce.com, inc. (NYSE: CRM) stock price hit a new 52-week-low this trading week, and it is important to note that Salesforce's stock value is currently down more than 15% since the company gave a disappointing fiscal fourth-quarter revenue forecast on November 30.

Should I buy Salesforce shares after Q3 results?

Trade Desk

There are increasing concerns that 2023 could be a rough year for the economy.

Why Shopify, Salesforce, and The Trade Desk Stock Fell This Week

Employees say they are fearing more cost-cutting and layoffs amidst Salesforce's leadership shakeup.

Salesforce employees are bracing for more layoffs amid the company's major executive exodus

Salesforce Inc (NYSE: CRM) has been a pain for its shareholders this year. But is it going to reward them for their patience in 2023?

News for Salesforce Stock (CRM)