Salesforce is a global cloud computing company that provides business software on a subscription basis. The Company is known for its on-demand CRM solutions. Salesforce provides its products and services to various industries, including healthcare, finance, life sciences, automotive, media, retail, manufacturing, and communications.
Type
Public
HQ
San Francisco, US
Founded
1999
Size (employees)
29,000 (est)+16%
Salesforce was founded in 1999 and is headquartered in San Francisco, US
Report incorrect company information

Key People/Management at Salesforce

Marc Benioff

Marc Benioff

Chairman & CEO
Parker Harris

Parker Harris

Co-Founder
Elizabeth Pinkham

Elizabeth Pinkham

Executive Vice President, Global Real Estate
Tony Prophet

Tony Prophet

Chief Equality Officer
Bret Taylor

Bret Taylor

President and Chief Product Officer
Keith Block

Keith Block

Vice Chairman, President and COO
Show more

Salesforce Office Locations

Salesforce has offices in Vancouver, Zaventem, Hellerup, Espoo and in 41 other locations
San Francisco, US (HQ)
1 Market St, Suite 300
Atlanta, US
East Paces Ferry Rd NE 950
Atlanta, US
3300 950 East Paces Ferry Rd NE
Bellevue, US
1800 929 108th Ave NE
Boston, US
500 Boylston St
Chicago, US
111 W Illinois St
Show all (49)
Report incorrect company information

Salesforce Financials and Metrics

Salesforce Financials

Salesforce's revenue was reported to be $10.48 b in FY, 2018 which is a 24.9% increase from the previous period.
USD

Revenue (Q1, 2019)

3 b

Gross profit (Q1, 2019)

2.2 b

Gross profit margin (Q1, 2019), %

74.5%

Net income (Q1, 2019)

344 m

EBIT (Q1, 2019)

191 m

Market capitalization (18-Jun-2018)

103.9 b

Closing share price (18-Jun-2018)

139.8

Cash (30-Apr-2018)

5.9 b

EV

101.1 b
Salesforce's current market capitalization is $103.9 b.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

5.4 b6.7 b8.4 b10.5 b

Revenue growth, %

32%24%26%25%

Cost of goods sold

1.3 b1.7 b2.2 b2.8 b

Gross profit

4.1 b5 b6.2 b7.7 b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

1.5 b1.6 b1.7 b1.9 b2 b2.1 b2.4 b2.6 b2.7 b3 b

Cost of goods sold

381.8 m405.4 m423.7 m497 m525.6 m585.5 m650.6 m670.7 m714.5 m767 m

Gross profit

1.1 b1.2 b1.3 b1.4 b1.5 b1.6 b1.7 b1.9 b2 b2.2 b

Gross profit Margin, %

75%75%75%74%74%73%73%74%73%74%
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Cash

908.1 m1.2 b1.6 b2.5 b

Accounts Receivable

1.9 b2.5 b3.2 b3.9 b

Prepaid Expenses

280.6 m250.6 m279.5 m390.4 m

Current Assets

3.6 b4.3 b6 b9.3 b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

942 m1.1 b1.2 b1.8 b1.1 b1.1 b2 b1.9 b2.1 b5.9 b

Accounts Receivable

926.4 m1.1 b1.1 b1.2 b1.3 b1.3 b1.4 b1.6 b1.5 b1.8 b

Prepaid Expenses

311 m330.3 m311.9 m306.6 m543.9 m281.6 m447.6 m438.2 m469.9 m562 m

Current Assets

2.6 b2.9 b2.9 b3.8 b3.3 b3 b5.4 b5.8 b5.9 b10.2 b
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(262.7 m)(47.4 m)179.6 m127.5 m

Depreciation and Amortization

448.3 m525.8 m632.2 m752.6 m

Accounts Payable

160 m254 m50 m308.2 m

Cash From Operating Activities

1.2 b1.6 b2.2 b2.7 b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

4.1 m(852 k)(25.2 m)38.8 m229.6 m(37.3 m)(9.2 m)17.7 m51.4 m344 m

Depreciation and Amortization

127.9 m131.7 m134.2 m132.8 m149.4 m169.3 m185.1 m192.3 m187.5 m181 m

Accounts Payable

(239.1 m)193.8 m57.6 m(286.2 m)(46.7 m)57.8 m(301.2 m)187 m74.5 m(456 m)

Cash From Operating Activities

730.9 m304.4 m117.9 m1.1 b250.7 m154.3 m1.2 b331.3 m125.8 m1.5 b
USDY, 2018

EV/EBIT

529.4 x

EV/CFO

69 x

EV/FCF

75.2 x

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

2.1 x
Show all financial metrics

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

Transactions annually

2 t
Show all operating metrics

Salesforce Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
MuleSoft March 20, 2018$6.50 b
CloudCraze (115)March 13, 2018
Attic Labs January 08, 2018
Sequence January 25, 2017
Twin Prime December 14, 2016
Krux (183)October 03, 2016$800 m
gravitytank September 30, 2016
HeyWire September 07, 2016
BeyondCore August 15, 2016$110 m
Quip (44)August 01, 2016$750 m
Show more

Salesforce Revenue Breakdown

Embed Graph

Salesforce revenue breakdown by business segment: 7.3% from Professional services and other and 92.7% from Subscription and support

Report incorrect company information

Salesforce Online and Social Media Presence

Embed Graph
Report incorrect company information

Salesforce News and Updates

Salesforce unveils a big advance in natural language processing

Just a few years ago, asking your phone a question to find information on the internet was, well, pretty much out of the question because computers weren’t all that great at understanding phrases outside a narrow few. Now, thanks to advances in machine learning, we think nothing of Google or Siri a…

Salesforce develops natural language processing model that performs 10 tasks at once

Researchers at Salesforce's Einstein lab have developed a natural language processing technique that can perform ten different kinds of tasks without compromising performance or accuracy.

4 Leadership Strategies Marc Benioff Swears By

The billionaire CEO shares management lessons from Salesforce that every entrepreneur can adopt.

After twenty years of Salesforce, what Marc Benioff got right and wrong about the cloud

Grant Miller Contributor Share on Twitter Grant Miller is the co-founder of Replicated As we enter the 20th year of Salesforce, there’s an interesting opportunity to reflect back on the change that Marc Benioff created with the software-as-a-service (SaaS) model for enterprise software with his laun…

The techlash

People hate hubris and hypocrisy more than they hate evil, which is, I think, why we’re seeing the beginnings of a bipartisan cultural backlash against the tech industry. A backlash which is wrongly conceived and wrongly targeted … but not entirely unfounded. It’s hard to shake the sense that, as an…

How a Salesforce certification can increase your salary and even help you land your dream job

Salesforce began as a small software company selling a single customer relationship management (CRM) product. Nearly 20 years later, that product has evolved into an industry-standard platform and a suite of services tailored to sales, marketing, commerce, customer service, community management, a…
Show more
Report incorrect company information