Salesforce Income Statement
CRM / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$41.5B
FY2025
Gross Profit
$32.3B
77.7% gross margin
Operating Income
$8.3B
FY2025
Net Income
$6.2B
FY2025
Salesforce reported $41.5B in revenue and $6.2B in net income for FY2025. Revenue has grown at a 28.0% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Cash-backed earnings: Operating cash flow exceeds net income
- Conservative debt: Debt-to-equity ratio of 0.14
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $41.5B | $37.9B | $34.9B | $31.4B | $13.3B | $21.3B | $17.1B | $13.3B | $10.5B | $8.4B | $6.7B | $5.4B | $4.1B | $3.1B | $1.3B |
| Cost of Revenue | $9.3B | $8.6B | $8.5B | $8.4B | $3.5B | $5.4B | $4.2B | $3.5B | $2.8B | $2.2B | - | - | $968.4M | $683.6M | $257.9M |
| Gross Profit | $32.3B | $29.3B | $26.3B | $23.0B | $9.8B | $15.8B | $12.9B | $9.8B | $7.8B | $6.2B | $5.0B | $4.1B | $2.4B | $2.4B | $1.0B |
| SG&A Expense | $3.0B | $2.8B | $2.5B | $2.6B | $1.3B | $2.1B | $1.7B | $1.3B | $1.1B | $966.0M | $748.2M | $679.9M | $433.8M | $433.8M | $195.3M |
| R&D Expense | $6.0B | $5.5B | $4.9B | $5.1B | $1.9B | $3.6B | $2.8B | $1.9B | $1.6B | $1.2B | $946.3M | $792.9M | $429.5M | $429.5M | $131.9M |
| Operating Income | $8.3B | $7.2B | $5.0B | $1.0B | $535.0M | $455.0M | $297.0M | $535.0M | $454.0M | $218.0M | $114.9M | -$145.6M | -$110.7M | -$110.7M | $115.3M |
| Interest Expense | $324.0M | $272.0M | $283.0M | $300.0M | $126.0M | $110.0M | $110.0M | $154.0M | $87.0M | $89.0M | $72.5M | $73.2M | $30.9M | $30.9M | $2.0M |
| Income Tax | $2.1B | $1.2B | $814.0M | $452.0M | -$127.0M | -$1.5B | $580.0M | -$127.0M | $60.0M | -$144.0M | $111.7M | $49.6M | $142.7M | $142.7M | $57.7M |
| Net Income | $6.2B | $4.1B | $208.0M | $1.4B | $1.1B | $4.1B | $126.0M | $1.1B | $360.0M | $323.0M | -$47.4M | -$262.7M | -$270.4M | -$270.4M | $80.7M |
| EPS (Basic) | $4.25 | $1.51 | $4.48 | $0.15 | $1.48 | $1.48 | $0.47 | -$0.07 | -$0.42 | -$0.39 | -$0.48 | -$0.42 | -$0.02 | $0.50 | $0.65 |
| EPS (Diluted) | $4.20 | $1.48 | $4.38 | $0.15 | $1.43 | $1.43 | $0.46 | -$0.07 | -$0.42 | -$0.39 | -$0.48 | -$0.42 | -$0.02 | $0.47 | $0.63 |
| Shares Outstanding | 962.0M | 981.0M | 989.0M | 919.0M | 893.0M | 893.0M | 730.0M | 707.5M | 670.9M | 650.6M | 610.1M | 624.1M | 585.6M | 137.0M | 132.9M |
| Gross Margin | 77.7% | 77.2% | 75.5% | 73.3% | 74.0% | 74.4% | 75.2% | 74.0% | 73.7% | 73.9% | 75.2% | 76.0% | 58.1% | 77.6% | 80.2% |
| Operating Margin | 20.1% | 19.0% | 14.4% | 3.3% | 4.0% | 2.1% | 1.7% | 4.0% | 4.3% | 2.6% | 1.7% | -2.7% | -2.7% | -3.6% | 8.8% |
| Profit Margin | 14.9% | 10.9% | 0.6% | 4.6% | 8.4% | 19.2% | 0.7% | 8.4% | 3.4% | 3.9% | -0.7% | -4.9% | -6.6% | -8.9% | 6.2% |