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.
| Type | Public | |
| Founded | 1999 | |
| HQ | San Francisco, US | Map |
| Website | salesforce.com | |
| Employee Ratings | More |
Recent NewsAll News
- Algoworks is now Salesforce Silver Consulting Partner
- As Brexit stumbles, Salesforce and other tech companies warn of possible fallout
- Language I/O Releases Only Available Live Agent Translation Solution for Salesforce Lightning
- Insider Buying At Hartford, Weight Watchers, Selling At Boeing, Salesforce
Key People/Management at Salesforce
Marc Benioff
Chairman & Co-CEO
Parker Harris
Co-Founder
Keith Block
Co-CEO
Mark Hawkins
President and Chief Financial Officer
Elizabeth Pinkham
Executive Vice President, Global Real Estate
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
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
Annual
| USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
|---|---|---|---|---|
Cash | 1.2b | 1.6b | 2.5b | 2.7b |
Accounts Receivable | 2.5b | 3.2b | 3.9b | 4.9b |
Prepaid Expenses | 250.6m | 279.5m | 390.4m | 629.0m |
Current Assets | 4.7b | 6.0b | 9.3b | 10.7b |
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 1.8b | 1.1b | 1.1b | 2.0b | 1.9b | 2.1b | 5.9b | 2.3b | 2.1b |
Accounts Receivable | 1.2b | 1.3b | 1.3b | 1.4b | 1.6b | 1.5b | 1.8b | 2.0b | 2.0b |
Prepaid Expenses | 306.6m | 543.9m | 281.6m | 447.6m | 438.2m | 469.9m | 562.0m | 726.0m | 700.0m |
Current Assets | 3.8b | 3.3b | 3.0b | 5.4b | 5.8b | 5.9b | 10.2b | 6.8b | 6.9b |
Annual
| USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
|---|---|---|---|---|
Net Income | (47.4m) | 179.6m | 127.5m | 1.1b |
Depreciation and Amortization | 525.8m | 632.2m | 752.6m | 962.0m |
Accounts Payable | 254.0m | 50.0m | 308.2m | 74.0m |
Cash From Operating Activities | 1.7b | 2.2b | 2.7b | 3.4b |
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 38.8m | 268.4m | 231.1m | (9.2m) | 8.5m | 599.2m | 344.0m | 643.0m | 748.0m |
Depreciation and Amortization | 132.8m | 282.1m | 451.5m | 185.1m | 377.4m | 564.9m | 181.0m | 433.0m | 689.0m |
Accounts Payable | (286.2m) | (332.9m) | (275.1m) | (301.2m) | (114.2m) | (39.7m) | (456.0m) | (277.0m) | (311.0m) |
Cash From Operating Activities | 1.1b | 1.3b | 1.5b | 1.2b | 1.6b | 1.7b | 1.5b | 1.9b | 2.1b |
| USD | Y, 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 |
Salesforce Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| Rebel | October 05, 2018 | |
| Datorama | July 12, 2018 | $800 m |
| MuleSoft | March 20, 2018 | $6.50 b |
| CloudCraze | March 13, 2018 | |
| Attic Labs | January 08, 2018 | |
| Sequence | January 25, 2017 | |
| Twin Prime | December 14, 2016 | |
| Krux | October 03, 2016 | $800 m |
| gravitytank | September 30, 2016 | |
| HeyWire | September 07, 2016 |
Salesforce Revenue Breakdown
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
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Salesforce Online and Social Media Presence
451.11k Twitter followers
Salesforce has 451.11k Twitter Followers. The number of followers has increased 0.5% month over month and increased 1.8% quarter over quarter
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Twitter Engagement Stats for @salesforce
55.4k
Tweets
160.1k
Following
451.1k
Followers
80
Tweets last 30 days
55.2
Avg. likes per Tweet
93.8%
Tweets with engagement
Salesforce News and Updates
March 15, 2019
Algoworks is now Salesforce Silver Consulting Partner
According to a recent announcement by Salesforce, Algoworks has become a Salesforce SILVER Consulting Partner.
read more
March 14, 2019
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.
March 13, 2019
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...
March 11, 2019
Insider Buying At Hartford, Weight Watchers, Selling At Boeing, Salesforce
Does insider buying signal that you should pick up shares?
March 08, 2019
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…
March 05, 2019
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.