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, US
Websitesalesforce.com
Employee Ratings4.4
Overall CultureA+

Latest Updates

Employees (est.) (Jan 2020)49,000(+40%)
Job Openings5,068
Revenue (FY, 2020)$17.1 B(+29%)
Share Price (Nov 2020)$258 (-2%)
Cybersecurity ratingAMore

Key People/Management at Salesforce

Marc Benioff

Marc Benioff

Chair & Chief Executive Officer
Parker Harris

Parker Harris

Co-Founder, Board Member
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
Amy Weaver

Amy Weaver

President and Chief Legal Officer
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Salesforce Office Locations

Salesforce has offices in San Francisco, Alpharetta, Atlanta, Bellevue and in 56 other locations
San Francisco, US (HQ)
415 Mission St 3rd Floor
Alpharetta, US
8000 Avalon Boulevard
Atlanta, US
950 East Paces Ferry Rd NE
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 $17.10 b in FY, 2020 which is a 28.7% increase from the previous period.
USD

Revenue (Q2, 2021)

5.2b

Gross profit (Q2, 2021)

3.8b

Gross profit margin (Q2, 2021), %

74.5%

Net income (Q2, 2021)

2.6b

EBIT (Q2, 2021)

178.0m

Market capitalization (20-Nov-2020)

240.8b

Closing stock price (20-Nov-2020)

258.0

Cash (31-Jul-2020)

4.1b

EV

242.6b
Salesforce's current market capitalization is $240.8 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

10.5b13.3b17.1b

Revenue growth, %

25%27%29%

Cost of goods sold

2.8b3.5b4.2b

Gross profit

7.7b9.8b12.9b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

3.0b3.3b3.4b3.7b4.0b4.5b4.9b5.2b

Cost of goods sold

767.0m849.0m889.0m914.0m967.0m1.1b1.3b1.3b

Gross profit

2.2b2.4b2.5b2.8b3.0b3.4b3.6b3.8b

Gross profit Margin, %

74%74%74%76%76%75%74%75%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

2.5b2.7b4.1b

Accounts Receivable

3.9b4.9b6.2b

Prepaid Expenses

390.4m629.0m916.0m

Current Assets

9.3b10.7b16.0b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

5.9b2.3b2.1b4.1b3.5b3.9b5.8b4.1b

Accounts Receivable

1.8b2.0b2.0b2.2b2.3b2.6b3.1b3.4b

Prepaid Expenses

562.0m726.0m700.0m717.0m743.0m1.1b954.0m1.2b

Current Assets

10.2b6.8b6.9b10.0b9.9b11.0b14.7b14.8b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

127.5m1.1b126.0m

Depreciation and Amortization

752.6m962.0m2.1b

Accounts Payable

308.2m74.0m15.0m

Cash From Operating Activities

2.7b3.4b4.3b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

344.0m643.0m748.0m392.0m483.0m374.0m99.0m2.7b

Depreciation and Amortization

181.0m433.0m689.0m437.0m894.0m1.5b658.0m1.3b

Accounts Payable

(456.0m)(277.0m)(311.0m)15.0m41.0m63.0m147.0m(64.0m)

Cash From Operating Activities

1.5b1.9b2.1b2.0b2.4b2.7b1.9b2.3b
USDFY, 2018

EV/EBIT

349.1 x

EV/CFO

30.1 x

Revenue/Employee

388.1k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

2.2 x

P/E Ratio

670.1
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Salesforce Operating Metrics

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

Customers

150 k150 k

Countries

25

Transactions Yearly

2 t

Daily Processed Orders

4 m
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Salesforce Acquisitions / Subsidiaries

Company NameDateDeal Size
MobifyOctober 01, 2020
The CMO ClubMarch 02, 2020
VlocityFebruary 25, 2020$1.33 b
EvergageFebruary 10, 2020
ClickSoftwareAugust 08, 2019$1.35 b
Tableau SoftwareJune 10, 2019$15.70 b
Salesforce MapsApril 17, 2019
REBELOctober 05, 2018
DatoramaJuly 12, 2018$800 m
MuleSoftMarch 20, 2018$6.50 b
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Salesforce Revenue Breakdown

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Salesforce revenue breakdown by business segment: 6.2% from Professional Services and Other and 93.8% from Subscription and Support

Salesforce revenue breakdown by geographic segment: 9.5% from Asia Pacific, 70.5% from Americas and 20.1% from Europe

Human Capital Metrics

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Salesforce Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

SecurityScorecard logo

Salesforce Online and Social Media Presence

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Salesforce Company Culture

  • Overall Culture

    A+

    80/100

  • CEO Rating

    A+

    91/100

  • Compensation

    A+

    84/100

  • Diversity

    A

    77/100

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Salesforce News and Updates

Salesforce partners with Cherie Blair Foundation for Women to mentor female entrepreneurs

Salesforce Women’s Network and the Cherie Blair Foundation for Women have announced that they are partnering to deliver the Foundation’s flagship, cross-border Mentoring Women in Business Programme. Salesforce will deliver professional mentoring through the Foundation to female entrepreneurs in low …

#1 App Development Company Hyperlink InfoSystem Announces Vaccine Management System With Cloud Based Solution Built On Salesforce

NEW YORK, LONDON and MUMBAI, India, Nov. 20, 2020 /PRNewswire/ -- Hyperlink InfoSystem is glad to announce vaccine management solutions using Salesforce CRM that will help Individual Companies, Government and healthcare organizations worldwide as the COVID-19 pandemic continues. From...

Perkins, ACB, Benetech, Salesforce and more announce breakout sessions at Sight Tech Global

Sight Tech Global is little more than two weeks out, and today we published the detailed agenda for Dec. 2 & 3. The show runs from 8 a.m. to noonish Pacific standard time. If you have not already grabbed a free pass to the 100% virtual event, now is the time! Sight Tech Global will […]

Global e-Commerce Technology Market Report 2020 Featuring Adobe, BigCommerce, commercetools, HCL Technologies, Open Text, Oracle, Pitney Bowes, Salesforce, SAP, and Shopify

DUBLIN, Nov. 17, 2020 /PRNewswire/ -- The "Global e-Commerce Technology Market 2020-2024" report has been added to ResearchAndMarkets.com's offering. The e-commerce technology market is poised to grow by $ 5.18 billion during 2020-2024 progressing at a CAGR of 12% during the forecast...

Auth0 Selected as Identity Vendor of Choice for Salesforce Customer 360 Identity

Salesforce’s Next Generation Identity demands the scalability, agility, and connected digital experiences that Auth0 offers Salesforce’s Next Generation Identity demands the scalability, agility, and connected digital experiences that Auth0 offers

Dairy Farm Group Accelerates Digital Transformation, Leveraging MuleSoft, Salesforce, and Tableau to Connect Customer Experiences Across 2,000 Physical Stores

Leading Pan-Asian retailer rolls out yuu, one of Hong Kong’s biggest rewards clubs, and builds a seamless omnichannel experience to deepen loyalty across its 10+ household brands.read more
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Salesforce Blogs

With Vaccines on the Horizon, Here’s How Business Leaders Can Plan Ahead

Bolstered by the much-needed good news of vaccines from Pfizer and Moderna, businesses still face many questions. Here’s what they should consider now as they look ahead.

Blue Shield’s Cecilia Sun on Transforming Healthcare During the Pandemic

Founded in 1939, Blue Shield of California is a $20 billion-dollar-a-year nonprofit health plan dedicated to providing Californians with access to high-quality health care at an affordable price.The nonprofit health provider’s 6,808 employees and affiliates provide health, dental, vision, Medicaid a…

Customer Experience Redefined: Insights From Chief Customer Officers on the Frontlines

In early 2020, the world as we know it changed. A myriad of social, political, and environmental factors upended the natural order and delivered the world a major challenge. The radical speed, scale, and effect of these events prompted Customer Experience executives to reimagine Customer Success in …

Student Success Hub: Operationalizing Equity Through Holistic Student Support

The old African proverb says, “it takes a village to raise a child.” Likewise, for the Salesforce.org Education Cloud for K-12 team and its pilot partner the Oakland Unified School District (OUSD), educating a child takes an entire community. That’s the philosophy behind OUSD’s community schools mod…

How Clinicians – Aided by Technology – Achieved a 70% Reduction in NAS Infant Intensive Care

Healthcare consumers expect retail-like experiences, yet most healthcare payers are failing to meet these expectations.

6 Reasons Execs Need To Build an Obsessive Learning Culture

Upskilling employees helps create distinct advantages for their careers and for the health of your business.
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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 Mark Hawkins.

  • How many employees does Salesforce have?

    Salesforce has 49,000 employees.

  • What is Salesforce revenue?

    Latest Salesforce annual revenue is $17.1 b.

  • What is Salesforce revenue per employee?

    Latest Salesforce revenue per employee is $348.9 k.

  • Who are Salesforce competitors?

    Competitors of Salesforce include Elmec, Microsoft 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, Alpharetta, Atlanta, Bellevue and in 56 other locations.

  • How many offices does Salesforce have?

    Salesforce has 61 offices.