Salesforce
Company Growth (employees)
Salesforce was founded in 1999 and is headquartered in San Francisco, US
Key People at Salesforce
Marc Benioff
Chairman & CEO
Shinichi Koide
Chairman and CEO, Salesforce Japan
Parker Harris
Co-Founder
George Hu
Chief Operating Officer
Mark Hawkins
EVP & CFO
Anthony Fernicola
President, Global Enterprise Sales
David Havlek
Senior Vice President, Finance
Maria Martinez
President, Sales and Customer Success
Charlotte Finn
VP, Programs-EMEA
Keith Block
Vice Chairman and President
Joe Allanson
SVP, Chief Accounting Officer and Controller
Jim Cavalieri
SVP
Alex Dayon
President, Products
Salesforce Office Locations
Salesforce has offices in San Francisco, Atlanta, Bellevue, Boston and in 14 other locations
San Francisco, US (HQ)
300 1 Market St
Empresarial 18 do Forte, BR
190 Av. Copacabana
Vancouver, CA
710 375 Water St
Toronto, CA
400 10 Bay St
Tampa, US
270 4301 W Boy Scout Blvd
Spokane Valley, US
101 12825 Mirabeau Pkwy
Salesforce Data and Metrics
Salesforce Financial Metrics
Salesforce's revenue was reported to be $8.4 b in FY, 2017
USD
Revenue (FY, 2017) | 8.4 b |
Revenue growth (FY, 2016 - FY, 2017), % | 26% |
Gross profit (FY, 2017) | 6.2 b |
Gross profit margin (FY, 2017), % | 73% |
Net income (FY, 2017) | 179.6 m |
EBIT (FY, 2017) | 64.2 m |
Market capitalization (17-Aug-2017) | 64.2 b |
Cash (30-Apr-2017) | 2 b |
Salesforce's current market capitalization is $64.2 b.
- Source: SEC Filings
| USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Revenue | 4.1 b | 5.4 b | 6.7 b | 8.4 b |
Revenue growth, % | 33% | 32% | 24% | 26% |
Cost of goods sold | 968.4 m | 1.3 b | 1.7 b | 2.2 b |
Gross profit | 3.1 b | 4.1 b | 5 b | 6.2 b |
Gross profit Margin, % | 76% | 76% | 75% | 73% |
Sales and marketing expense | 2.2 b | 2.8 b | 3.2 b | 3.9 b |
R&D expense | 623.8 m | 792.9 m | 946.3 m | 1.2 b |
General and administrative expense | 596.7 m | 679.9 m | 748.2 m | 967.6 m |
Operating expense total | 3.4 b | 4.2 b | 4.9 b | 6.1 b |
EBIT | (286.1 m) | (145.6 m) | 114.9 m | 64.2 m |
EBIT margin, % | (7%) | (3%) | 2% | 1% |
Interest expense | 77.2 m | 73.2 m | 72.5 m | 89 m |
Interest income | 10.2 m | 10 m | 15.3 m | 27.4 m |
Pre tax profit | (357.9 m) | (213.1 m) | 64.3 m | 25.4 m |
Income tax expense | 125.8 m | 49.6 m | 111.7 m | (154.2 m) |
Net Income | (232.2 m) | (262.7 m) | (47.4 m) | 179.6 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.3 b | 1.4 b | 1.5 b | 1.6 b | 1.7 b | 1.9 b | 2 b | 2.1 b | 2.4 b |
Cost of goods sold | 307.8 m | 333.2 m | 381.8 m | ||||||
Gross profit | 1 b | 1.1 b | 1.1 b | 1.6 b | 1.7 b | 1.9 b | 2 b | 2.1 b | 2.4 b |
Gross profit Margin, % | 77% | 76% | 75% | 100% | 100% | 100% | 100% | 100% | 100% |
R&D expense | 203.1 m | 195.5 m | 222.1 m | ||||||
General and administrative expense | 169.1 m | 167.4 m | 175.8 m | ||||||
Operating expense total | 372.2 m | 362.8 m | 397.9 m | ||||||
EBIT | (33.4 m) | (22 m) | 31.1 m | 19.8 m | 43.4 m | 52 m | 32.6 m | 3 m | (8.9 m) |
EBIT margin, % | (3%) | (2%) | 2% | 1% | 3% | 3% | 2% | 0% | (0%) |
Interest expense | (18.3 m) | (17.7 m) | (16.7 m) | (18.1 m) | (18.2 m) | (22 m) | (20.7 m) | (21.9 m) | (22.2 m) |
Income tax expense | (8.1 m) | (17.1 m) | (14 m) | 1.6 m | 205.3 m | (24.7 m) | |||
Net Income | (61.1 m) | (38.9 m) | 4.1 m | (852 k) | (25.2 m) | 38.8 m | 229.6 m | (37.3 m) | (9.2 m) |
- Source: SEC Filings
| USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Cash | 781.6 m | 908.1 m | 1.2 b | 1.6 b |
Accounts Receivable | 1.4 b | 1.9 b | 2.5 b | 3.2 b |
Current Assets | 2.7 b | 3.6 b | 4.3 b | 6 b |
PP&E | 1.2 b | 1.1 b | 1.7 b | 1.8 b |
Goodwill | 3.5 b | 3.8 b | 3.8 b | 7.3 b |
Total Assets | 9.2 b | 10.7 b | 12.8 b | 17.6 b |
Accounts Payable | 934.3 m | 1.1 b | 1.3 b | 1.8 b |
Total Debt | 1.9 b | 1.4 b | 1.3 b | 2 b |
Current Liabilities | 4 b | 4.4 b | 5.6 b | 7.3 b |
Total Liabilities | 6.1 b | 6.7 b | 7.8 b | 10.1 b |
Common Stock | 610 k | 651 k | 671 k | 708 k |
Additional Paid-in Capital | 3.4 b | 4.6 b | 5.7 b | 8 b |
Retained Earnings | (343.2 m) | (605.8 m) | (653.3 m) | (464.9 m) |
Total Equity | 3 b | 4 b | 5 b | 7.5 b |
Debt to Equity Ratio | 0.6 x | 0.3 x | 0.3 x | 0.3 x |
Debt to Assets Ratio | 0.2 x | 0.1 x | 0.1 x | 0.1 x |
Financial Leverage | 3 x | 2.7 x | 2.6 x | 2.3 x |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 774.7 m | 846.3 m | 942 m | 1.1 b | 1.2 b | 1.8 b | 1.1 b | 1.1 b | 2 b |
Accounts Receivable | 834.3 m | 794.6 m | 926.4 m | 1.1 b | 1.1 b | 1.2 b | 1.3 b | 1.3 b | 1.4 b |
Current Assets | 2.3 b | 2.4 b | 2.6 b | 2.9 b | 2.9 b | 3.8 b | 3.3 b | 3 b | 5.4 b |
PP&E | 1.2 b | 1.1 b | 1.7 b | 1.7 b | 1.7 b | 1.7 b | 1.7 b | 1.8 b | 1.8 b |
Goodwill | 3.5 b | 3.8 b | 3.8 b | 3.8 b | 3.8 b | 4.1 b | 6 b | 6.6 b | 7.3 b |
Total Assets | 9 b | 9.4 b | 10.4 b | 10.8 b | 10.9 b | 12.8 b | 14.4 b | 14.4 b | 17.1 b |
Current Liabilities | 3.5 b | 3.3 b | 4 b | 4.1 b | 4 b | 5.1 b | 5.4 b | 5 b | 7.6 b |
Common Stock | 619 k | 631 k | 656 k | 660 k | 664 k | 678 k | 685 k | 697 k | 712 k |
Additional Paid-in Capital | 3.8 b | 4.3 b | 4.9 b | 5.2 b | 5.4 b | 6.2 b | 6.5 b | 7.3 b | 8.4 b |
Retained Earnings | (501.2 m) | (540.1 m) | (601.8 m) | (602.6 m) | (627.8 m) | (605.8 m) | (376.2 m) | (413.5 m) | (474.1 m) |
Total Equity | 4.5 b | 4.7 b | 5.6 b | 6.1 b | 6.8 b | 7.9 b | |||
Financial Leverage | 2.4 x | 2.3 x | 2.3 x | 2.3 x | 2.1 x | 2.1 x |
| USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Net Income | (232.2 m) | (262.7 m) | (47.4 m) | 179.6 m |
Depreciation and Amortization | 632.2 m | |||
Accounts Receivable | (628.5 m) | |||
Cash From Operating Activities | 875.5 m | 1.2 b | 1.6 b | 2.2 b |
Capital Expenditures | (299.1 m) | (290.5 m) | (284.5 m) | (464 m) |
Cash From Investing Activities | (2.4 b) | (698.4 m) | (1.5 b) | (2.7 b) |
Cash From Financing Activities | 1.6 b | (310.5 m) | 132.6 m | 997.7 m |
Interest Paid | 55 m | |||
Free Cash Flow | 576.4 m | 883.3 m | 1.3 b | 1.7 b |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | (61.1 m) | (38.9 m) | 4.1 m | (852 k) | (25.2 m) | 38.8 m | 229.6 m | (37.3 m) | (9.2 m) |
Depreciation and Amortization | 132.8 m | 149.4 m | 169.3 m | 185.1 m | |||||
Accounts Receivable | 834.3 m | 794.6 m | 1.1 b | 1.1 b | 1.3 b | (73.2 m) | 42.7 m | 1.8 b | |
Cash From Operating Activities | 1.1 b | 250.7 m | 154.3 m | 1.2 b | |||||
Capital Expenditures | (83.3 m) | (96 m) | (140.7 m) | (156.6 m) | |||||
Cash From Investing Activities | (450.3 m) | (1.5 b) | (193.8 m) | (767.7 m) | |||||
Cash From Financing Activities | 39.2 m | 616.6 m | 81.8 m | (49.6 m) | |||||
Interest Paid | 23.8 m | 6.3 m | 11.4 m | 6.7 m | |||||
Free Cash Flow | 967.8 m | 154.6 m | 13.7 m | 1.1 b |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 329.1 k |
Financial Leverage | 2.1 x |
Salesforce Operating Metrics
Salesforce's Customers was reported to be 150 k in Jul, 2017
- Source: Company Filings FY 2015
Salesforce Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| Krux | November 01, 2016 | $700 m |
| BeyondCore | August 15, 2016 | $110 m |
| Quip | August 01, 2016 | $750 m |
| Demandware | June 01, 2016 | $2.9 b |
| Salesforce MetaMind | April 04, 2016 | $32.8 m |
| SteelBrick | December 23, 2015 | $360 m |
| Relate iq | July 11, 2014 | $390 m |
| ExactTarget | June 04, 2013 | $2.5 b |
| Salesforce Buddy Media | June 04, 2012 | $689 m |
| Salesforce Radian6 | March 30, 2011 | $326 m |
| Heroku | December 08, 2010 | $250 m |
| Jigsaw | April 21, 2010 | $142 m |
Salesforce Market Value History
Salesforce Revenue Breakdown
Salesforce Expenses Breakdown
Salesforce Job Categories
Market Position of Salesforce
Traffic Overview of Salesforce
Salesforce Online and Social Media Presence
Salesforce News and Updates
May 16, 2017
The Partnership on AI adds Intel, Salesforce and others as it formalizes Grand Challenges and work groups
Intel, Salesforce, eBay, Sony, SAP, McKinsey & Company, Zalando and Cogitai are joining the Partnership on AI, a collection of companies and non-profits that have committed to sharing best practices and communicating openly about the benefits and risks of artificial intelligence research. The n…
May 11, 2017
Salesforce aims to save you time by summarizing emails and docs with machine intelligence
We have all seen the studies — some American workers spend upwards of six hours a day handling email. It’s not a great use of time, it destroys productivity and it ultimately costs businesses money. A new paper written by a team Salesforce MetaMind researchers could eventually provide summaries of …
May 11, 2017
Trusona develops passwordless access for Salesforce
Last week, to commemorate World Password Day — yes, there really is such a thing — we ran my 2015 article called Kill the password, my treatise on the myriad problems associated with passwords. Trusona, a company trying to transform identity, announced today that it is releasing support for passwor…
May 09, 2017
Guesty raises $3M to be a Salesforce for property managers
Companies like Guesty, which just raised $3 million, are building tech to help property managers optimize their listings. Read More
May 02, 2017
Salesforce launches AppExchange partner program and $100 million platform fund
Salesforce is looking to take its AppExchange to the next phase to better address the increased demand for subscription-based services within the enterprise. Today the company launched a partner program that replaces the existing independent software vendor (ISV) program with a completely new pricin…
April 26, 2017
Marc Benioff took a 60% cut to his $33 million pay package to appease Salesforce investors (CRM)
Marc Benioff's stature in San Francisco is on the rise, as Salesforce Tower, the city's tallest building, nears completion.
But Benioff's paycheck is getting smaller.
The CEO of Salesforce took a 60% paycut in the recently ended 2017 fiscal year, according to the company's a…