OverviewSuggest Edit

Salesforce is a cloud computing company that provides business software on a subscription basis. It develops enterprise cloud computing solutions with a focus on customer relationship management. The Company offers Sales Cloud to store data, monitor leads and progress, forecast opportunities, and gain insights through analytics and relationship intelligence, as well as deliver quotes, contracts, and invoices. It also provides Service Cloud, which enables companies to deliver personalized customer service and support.
TypePublic
Founded1999
HQSan Francisco, US
Websitesalesforce.com
Employee Ratings4.4

Latest Updates

Employees (est.) (Jan 2019)35,000(+7%)
Job Openings1,610
Revenue (FY, 2019)$13.3 B(+27%)
Share Price (Mar 2019)$162

Key People/Management at Salesforce

Marc Benioff

Marc Benioff

Chairman & Co-CEO
Parker Harris

Parker Harris

Co-Founder
Keith Block

Keith Block

Co-CEO
Mark Hawkins

Mark Hawkins

President and Chief Financial Officer
Elizabeth Pinkham

Elizabeth Pinkham

Executive Vice President, Global Real Estate
Tony Prophet

Tony Prophet

Chief Equality Officer
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Salesforce Office Locations

Salesforce has offices in San Francisco, Atlanta, Tampa, Spokane Valley and in 44 other locations
San Francisco, US (HQ)
415 Mission St 3rd Floor, San Francisco
Atlanta, US
950 East Paces Ferry Rd NE
Atlanta, US
Atlanta Plaza, 950 East Paces Ferry Rd NE #3300
Bellevue, US
929 108th Ave NE #1800
Boston, US
500 Boylston St
Chicago, US
111 W Illinois St
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Salesforce Financials and Metrics

Salesforce Revenue

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Salesforce's revenue was reported to be $13.28 b in FY, 2019 which is a 26.7% increase from the previous period.
USD

Revenue (FY, 2019)

13.3b

Revenue growth (FY, 2018 - FY, 2019), %

26.7%

Gross profit (FY, 2019)

9.8b

Gross profit margin (FY, 2019), %

74%

Net income (FY, 2019)

1.1b

EBIT (FY, 2019)

535.0m

Market capitalization (18-Mar-2019)

124.9b

Closing stock price (18-Mar-2019)

162.0

Cash (31-Jan-2019)

2.7b

EV

125.4b
Salesforce's current market capitalization is $124.9 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

6.7b8.4b10.5b13.3b

Revenue growth, %

24%26%25%27%

Cost of goods sold

1.7b2.2b2.8b3.5b

Gross profit

5.0b6.2b7.7b9.8b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

1.9b2.0b2.1b2.4b2.6b2.7b3.0b3.3b3.4b

Cost of goods sold

497.0m525.6m585.5m650.6m670.7m714.5m767.0m849.0m889.0m

Gross profit

1.4b1.5b1.6b1.7b1.9b2.0b2.2b2.4b2.5b

Gross profit Margin, %

74%74%73%73%74%73%74%74%74%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

1.2b1.6b2.5b2.7b

Accounts Receivable

2.5b3.2b3.9b4.9b

Prepaid Expenses

250.6m279.5m390.4m629.0m

Current Assets

4.7b6.0b9.3b10.7b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

1.8b1.1b1.1b2.0b1.9b2.1b5.9b2.3b2.1b

Accounts Receivable

1.2b1.3b1.3b1.4b1.6b1.5b1.8b2.0b2.0b

Prepaid Expenses

306.6m543.9m281.6m447.6m438.2m469.9m562.0m726.0m700.0m

Current Assets

3.8b3.3b3.0b5.4b5.8b5.9b10.2b6.8b6.9b
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(47.4m)179.6m127.5m1.1b

Depreciation and Amortization

525.8m632.2m752.6m962.0m

Accounts Payable

254.0m50.0m308.2m74.0m

Cash From Operating Activities

1.7b2.2b2.7b3.4b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

38.8m268.4m231.1m(9.2m)8.5m599.2m344.0m643.0m748.0m

Depreciation and Amortization

132.8m282.1m451.5m185.1m377.4m564.9m181.0m433.0m689.0m

Accounts Payable

(286.2m)(332.9m)(275.1m)(301.2m)(114.2m)(39.7m)(456.0m)(277.0m)(311.0m)

Cash From Operating Activities

1.1b1.3b1.5b1.2b1.6b1.7b1.5b1.9b2.1b
USDY, 2019

EV/EBIT

234.3 x

EV/CFO

36.9 x

EV/FCF

44.7 x

Revenue/Employee

392.3k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

2 x

P/E Ratio

113.3
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Salesforce Operating Metrics

Salesforce's Customers was reported to be 150 k in FY, 2018.
FY, 2015FY, 2016FY, 2017Jul, 2017FY, 2018

Customers

150 k150 k150 k150 k150 k

Average Daily Transactions

2.30 b5 b

Transactions

976 b

Countries

25
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Salesforce Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
RebelOctober 05, 2018
DatoramaJuly 12, 2018$800 m
MuleSoftMarch 20, 2018$6.50 b
CloudCrazeMarch 13, 2018
Attic LabsJanuary 08, 2018
Sequence January 25, 2017
Twin Prime December 14, 2016
KruxOctober 03, 2016$800 m
gravitytankSeptember 30, 2016
HeyWireSeptember 07, 2016
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Salesforce Revenue Breakdown

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Salesforce revenue breakdown by business segment: 6.5% from Professional Services and Other and 93.5% from Subscription and Support

Salesforce revenue breakdown by geographic segment: 9.7% from Asia Pacific, 71.1% from Americas and 19.2% from Europe

Human Capital Metrics

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Salesforce Online and Social Media Presence

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Salesforce News and Updates

Algoworks is now Salesforce Silver Consulting Partner

According to a recent announcement by Salesforce, Algoworks has become a Salesforce SILVER Consulting Partner. read more

As Brexit stumbles, Salesforce and other tech companies warn of possible fallout

Salesforce is part of a growing number of tech companies addressing the potential impact of Brexit, a move that could add significant uncertainty to businesses in the European region.

Language I/O Releases Only Available Live Agent Translation Solution for Salesforce Lightning

CHEYENNE, Wyo., March 13, 2019 /PRNewswire/ -- Language I/O announces the release of the only product allowing companies to provide multilingual customer service in Live Agent for Salesforce Lightning. Language I/O® Chat for Live Agent in Salesforce Lightning plugs directly into the...

Insider Buying At Hartford, Weight Watchers, Selling At Boeing, Salesforce

Does insider buying signal that you should pick up shares?

Salesforce at 20 offers lessons for startup success

Salesforce is celebrating its 20th anniversary today. The company that was once a tiny irritant going after giants in the 1990s Customer Relationship Management (CRM) market, such as Oracle and Siebel Systems, has grown into full-fledged SaaS powerhouse. With an annual run rate exceeding $14 billion…

The Ratings Game: Salesforce earnings show investors have software ‘fatigue,’ says analyst

The reaction to Salesforce.com Inc.’s latest earnings report could be a sign of what’s to come when other software companies deliver their results for the most recent period.
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Salesforce Frequently Asked Questions

  • When was Salesforce founded?

    Salesforce was founded in 1999.

  • Who are Salesforce key executives?

    Salesforce's key executives are Marc Benioff, Parker Harris and Keith Block.

  • How many employees does Salesforce have?

    Salesforce has 35,000 employees.

  • What is Salesforce revenue?

    Latest Salesforce annual revenue is $13.3 b.

  • What is Salesforce revenue per employee?

    Latest Salesforce revenue per employee is $379.5 k.

  • Who are Salesforce competitors?

    Competitors of Salesforce include Mendix, Atlassian and Embotics.

  • Where is Salesforce headquarters?

    Salesforce headquarters is located at 415 Mission St 3rd Floor, San Francisco, San Francisco.

  • Where are Salesforce offices?

    Salesforce has offices in San Francisco, Atlanta, Tampa, Spokane Valley and in 44 other locations.

  • How many offices does Salesforce have?

    Salesforce has 50 offices.