Salesforce was founded in 1999 and is headquartered in San Francisco, US
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Key People/Management at Salesforce
Marc Benioff
Chairman & CEO
Parker Harris
Co-Founder
Elizabeth Pinkham
Executive Vice President, Global Real Estate
Tony Prophet
Chief Equality Officer
Bret Taylor
President and Chief Product Officer
Keith Block
Vice Chairman, President and COO
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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
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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.
- Source: SEC Filings, Twitter
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.5 b | 1.6 b | 1.7 b | 1.9 b | 2 b | 2.1 b | 2.4 b | 2.6 b | 2.7 b | 3 b |
Cost of goods sold | 381.8 m | 405.4 m | 423.7 m | 497 m | 525.6 m | 585.5 m | 650.6 m | 670.7 m | 714.5 m | 767 m |
Gross profit | 1.1 b | 1.2 b | 1.3 b | 1.4 b | 1.5 b | 1.6 b | 1.7 b | 1.9 b | 2 b | 2.2 b |
Gross profit Margin, % | 75% | 75% | 75% | 74% | 74% | 73% | 73% | 74% | 73% | 74% |
- Source: SEC Filings, Twitter
Annual
| USD | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|---|
Cash | 908.1 m | 1.2 b | 1.6 b | 2.5 b |
Accounts Receivable | 1.9 b | 2.5 b | 3.2 b | 3.9 b |
Prepaid Expenses | 280.6 m | 250.6 m | 279.5 m | 390.4 m |
Current Assets | 3.6 b | 4.3 b | 6 b | 9.3 b |
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 942 m | 1.1 b | 1.2 b | 1.8 b | 1.1 b | 1.1 b | 2 b | 1.9 b | 2.1 b | 5.9 b |
Accounts Receivable | 926.4 m | 1.1 b | 1.1 b | 1.2 b | 1.3 b | 1.3 b | 1.4 b | 1.6 b | 1.5 b | 1.8 b |
Prepaid Expenses | 311 m | 330.3 m | 311.9 m | 306.6 m | 543.9 m | 281.6 m | 447.6 m | 438.2 m | 469.9 m | 562 m |
Current Assets | 2.6 b | 2.9 b | 2.9 b | 3.8 b | 3.3 b | 3 b | 5.4 b | 5.8 b | 5.9 b | 10.2 b |
Annual
| USD | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|---|
Net Income | (262.7 m) | (47.4 m) | 179.6 m | 127.5 m |
Depreciation and Amortization | 448.3 m | 525.8 m | 632.2 m | 752.6 m |
Accounts Payable | 160 m | 254 m | 50 m | 308.2 m |
Cash From Operating Activities | 1.2 b | 1.6 b | 2.2 b | 2.7 b |
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 4.1 m | (852 k) | (25.2 m) | 38.8 m | 229.6 m | (37.3 m) | (9.2 m) | 17.7 m | 51.4 m | 344 m |
Depreciation and Amortization | 127.9 m | 131.7 m | 134.2 m | 132.8 m | 149.4 m | 169.3 m | 185.1 m | 192.3 m | 187.5 m | 181 m |
Accounts Payable | (239.1 m) | 193.8 m | 57.6 m | (286.2 m) | (46.7 m) | 57.8 m | (301.2 m) | 187 m | 74.5 m | (456 m) |
Cash From Operating Activities | 730.9 m | 304.4 m | 117.9 m | 1.1 b | 250.7 m | 154.3 m | 1.2 b | 331.3 m | 125.8 m | 1.5 b |
| USD | Y, 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 |
Salesforce Acquisitions / Subsidiaries
| Acquired Company | Date | Deal 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 |
Salesforce Revenue Breakdown
Salesforce revenue breakdown by business segment: 7.3% from Professional services and other and 92.7% from Subscription and support
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Salesforce Online and Social Media Presence
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Salesforce News and Updates
June 20, 2018
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…
June 20, 2018
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.
June 18, 2018
4 Leadership Strategies Marc Benioff Swears By
The billionaire CEO shares management lessons from Salesforce that every entrepreneur can adopt.
June 17, 2018
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…
June 17, 2018
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…
June 14, 2018
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…
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