Salesforce

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 сompany 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.
TypePublic
Founded1999
HQSan Francisco, CA, US
Websitesalesforce.com
Employee Ratings4.5
Overall CultureA+

Latest Updates

Employees (est.) (Jan 2022)73,541(+30%)
Job Openings4,132
Revenue (FY, 2022)$26.5 B(+25%)
Share Price (Aug 2022)$183
Cybersecurity ratingAMore
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Key People/Management at Salesforce

Marc Benioff

Marc Benioff

Chair & Co-CEO
Parker Harris

Parker Harris

Co-Founder, Board Member
Bret Taylor

Bret Taylor

Co-CEO, Board Member
Alex Dayon

Alex Dayon

President & Chief Strategy Officer
Amy Weaver

Amy Weaver

President & Chief Financial Officer
Brent Hyder

Brent Hyder

President & Chief People Officer
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Salesforce Office Locations

Salesforce has offices in San Francisco, Atlanta, Austin, Bellevue and in 60 other locations
San Francisco, CA, US (HQ)
415 Mission St 3rd Floor
Atlanta, GA, US
950 East Paces Ferry Rd NE
Austin, TX, US
600 Congress Ave
Bellevue, WA, US
929 108th Ave NE #1800
Boston, MA, US
500 Boylston St
Burlington, MA, US
5 Wall St
Show all (66)

Salesforce Financials and Metrics

Salesforce Revenue

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View revenue for all periods
Salesforce's revenue was reported to be $26.49 b in FY, 2022 which is a 24.7% increase from the previous period.
USD

Revenue (Q1, 2023)

7.4b

Gross profit (Q1, 2023)

5.4b

Gross profit margin (Q1, 2023), %

72.4%

Net income (Q1, 2023)

28.0m

EBIT (Q1, 2023)

20.0m

Market capitalization (1-Aug-2022)

182.1b

Closing stock price (1-Aug-2022)

183.0

Cash (30-Apr-2022)

6.9b

EV

188.2b
Salesforce's current market capitalization is $182.1 b.
Annual
USDFY, 2020FY, 2021FY, 2022

Revenue

17.1b21.3b26.5b

Revenue growth, %

29%24%25%

Cost of goods sold

4.2b5.4b7.0b

Gross profit

12.9b15.8b19.5b
Quarterly
USDQ1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022Q1, 2023

Revenue

4.9b5.2b5.4b6.0b6.3b6.9b7.4b

Cost of goods sold

1.3b1.3b1.4b1.6b1.6b1.8b2.0b

Gross profit

3.6b3.8b4.0b4.4b4.7b5.0b5.4b

Gross profit Margin, %

74%75%74%74%75%73%72%
Annual
USDFY, 2020FY, 2021FY, 2022

Cash

4.1b6.2b5.5b

Accounts Receivable

6.2b7.8b9.7b

Prepaid Expenses

916.0m991.0m1.1b

Current Assets

16.0b21.9b22.9b
Quarterly
USDQ1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022Q1, 2023

Cash

5.8b4.1b3.7b8.5b6.3b4.8b6.9b

Accounts Receivable

3.1b3.4b3.3b3.2b4.1b4.0b4.0b

Prepaid Expenses

954.0m1.2b1.1b1.1b1.3b1.3b1.5b

Current Assets

14.7b14.8b14.9b20.4b16.3b16.0b20.4b
Annual
USDFY, 2020FY, 2021FY, 2022

Net Income

126.0m4.1b1.4b

Depreciation and Amortization

2.1b2.8b3.3b

Accounts Payable

15.0m1.1b507.0m

Cash From Operating Activities

4.3b4.8b6.0b
Quarterly
USDQ1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022Q1, 2023

Net Income

99.0m2.7b3.8b469.0m1.0b1.5b28.0m

Depreciation and Amortization

658.0m1.3b2.0b685.0m1.4b2.4b906.0m

Accounts Payable

147.0m(64.0m)(134.0m)(1.1b)(288.0m)(836.0m)(1.2b)

Cash From Operating Activities

1.9b2.3b2.6b3.2b3.6b4.0b3.7b
USDFY, 2020

EV/EBIT

550.3 x

EV/CFO

37.7 x

Revenue/Employee

348.9k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

1.6 x

P/E Ratio

1.2k
Show all financial metrics

Salesforce Operating Metrics

FY, 2020Q1, 2021Q2, 2021FY, 2021Q1, 2022Q2, 2022Q3, 2022FY, 2022Q1, 2023

Office and Retail Space, square feet

2.1 m1.8 m

Remaining Performance Obligations

$30.8 b$29.3 b$30.6 b$36.1 b$35 b$36.2 b$36.3 b$43.7 b$42 b

Salesforce Acquisitions / Subsidiaries

Company NameDateDeal Size
PhennecsApril 04, 2022
AtonitFebruary 02, 2022
LevelJumpSeptember 24, 2021
Acumen SolutionsDecember 01, 2020
SlackDecember 01, 2020$27.7 b
MobifySeptember 06, 2020$60 m
The CMO ClubMarch 02, 2020
VlocityFebruary 25, 2020$1.33 b
EvergageFebruary 03, 2020
ClickSoftwareAugust 08, 2019$1.35 b
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Salesforce Revenue Breakdown

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Salesforce revenue breakdown by business segment: 6.9% from Professional Services and Other and 93.1% from Subscription and Support

Salesforce revenue breakdown by geographic segment: 67.9% from Americas, 9.4% from Asia Pacific and 22.7% from Europe

Salesforce Cybersecurity Score

Cybersecurity ratingPremium dataset

A

97/100

SecurityScorecard logo

Salesforce Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Salesforce Online and Social Media Presence

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Salesforce Company Culture

  • Overall Culture

    A+

    80/100

  • CEO Rating

    A+

    90/100

  • Compensation

    A+

    83/100

  • Diversity

    A-

    76/100

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Salesforce News and Updates

Diabsolut Acquires Emelar Consulting Group, a Full-Service Salesforce Consulting Firm With Expertise That Includes Manufacturing and Revenue Management

Both firms gain added proficiency in Salesforce Field Service, Revenue Cloud, CPQ, and Billing. Both firms gain added proficiency in Salesforce Field Service, Revenue Cloud, CPQ, and Billing.

PSignite announces partnership with Salesforce360 for Consumer Goods, providing integrated Trade Promotion Optimization

/PRNewswire/ -- Today, PSignite, a leading provider of Trade Promotion Optimization (TPO) and Revenue Growth Management (RGM) solutions announces an exclusive partnership with Salesforce 360 for Consumer Goods. PSignite announces partnership with Salesforce360 for Consumer Goods. The goal...

Salesforce Named a Leader in 2022 Gartner® Magic Quadrant™ for Multichannel Marketing Hubs for the Fifth Consecutive Year

SAN FRANCISCO, July 22, 2022 /PRNewswire/ -- Salesforce (NYSE: CRM), the global leader in CRM, today announced that Salesforce has been recognized by Gartner as a Leader in its 2022 Magic Quadrant for Multichannel Marketing Hubs. Salesforce was evaluated for its Salesforce Marketing Cloud....

OpenText Launches Three New Solutions on Salesforce AppExchange

Companies will benefit from access to OpenText information management solutions on the world's leading enterprise cloud marketplace WATERLOO, ON, July 21, 2022 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced the addition of three new solutions on the Salesforce...

Otonomo Unveils Powerful New Fleet Mobility Capabilities Update on Salesforce AppExchange, the World's Leading Enterprise Cloud Marketplace

Otonomo’s customers can now benefit from access to accurate mobility data for single vehicles and entire fleets Otonomo’s customers can now benefit from access to accurate mobility data for single vehicles and entire fleets
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Salesforce Blogs

AI Is Everywhere — But Are You Building it Responsibly?

The biggest barrier to widespread artificial intelligence isn’t immature technology — it’s skepticism and lack of trust. Here’s what business leaders can do about it.

Elevate Your Salesforce Career With Trailblazer Mentorship

Trailblazer Mentorship brings together experienced Trailblazers with those looking for guidance and support in navigating their Salesforce career journey. Become a mentee or give back to the community as a mentor!

Salesforce Commits to a Workforce with at Least 40% Women, Non-Binary Employees in Four Years

At Salesforce, our vision is simple — to become the most inclusive company. To do this, we need to accelerate representation and hone in on the employee experience. We know when we’re highly intentional about our focus, change happens. Starting in 2019, we published three representation goals to dri…

Shoppers Are Budget Conscious This Holiday Season — Use Data To Turn Browsing into Buying

Here’s how to use data to drive engagement and loyalty in a tough economy.

If You’re Embracing Headless Commerce, Don’t Overlook Your Digital Storefront

A composable storefront is more flexible and scalable than ever. Here are some ways to get one up and running while keeping costs down.

Smart Contracts Can Help You Win Web3 – Here’s How They Work

As we move into a Web3 world, blockchain can help make the businesses of the future more trustworthy, streamlined, and credible.
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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 Bret Taylor.

  • How many employees does Salesforce have?

    Salesforce has 73,541 employees.

  • What is Salesforce revenue?

    Latest Salesforce annual revenue is $26.5 b.

  • What is Salesforce revenue per employee?

    Latest Salesforce revenue per employee is $360.2 k.

  • Who are Salesforce competitors?

    Competitors of Salesforce include Oracle, Elmec and Adobe.

  • Where is Salesforce headquarters?

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

  • Where are Salesforce offices?

    Salesforce has offices in San Francisco, Atlanta, Austin, Bellevue and in 60 other locations.

  • How many offices does Salesforce have?

    Salesforce has 66 offices.