Salesforce, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $41.53B | $37.90B | $34.86B | $31.35B | $26.49B | $21.25B | $17.10B | $13.28B |
| Subscription and Support | $39.39B | $35.68B | $32.54B | $29.02B | $24.66B | $19.98B | $16.04B | $12.41B |
| Professional Services and Other | $2.14B | $2.22B | $2.32B | $2.33B | $1.84B | $1.28B | $1.06B | $870.0M |
| Cost of Revenue | $9.27B | $8.64B | $8.54B | $8.36B | $7.03B | $5.44B | $4.24B | $3.45B |
| Gross Profit | $32.26B | $29.25B | $26.32B | $22.99B | $19.47B | $15.81B | $12.86B | $9.83B |
| Gross Margin | 77.7% | 77.2% | 75.5% | 73.3% | 73.5% | 74.4% | 75.2% | 74.0% |
| Operating Expenses | ||||||||
| Research & Development | $5.99B | $5.49B | $4.91B | $5.06B | $4.47B | $3.60B | $2.77B | $1.89B |
| SG&A Expense | $3.00B | $2.84B | $2.53B | $2.55B | $2.60B | $2.09B | $1.70B | $1.35B |
| Operating Income | $8.33B | $7.21B | $5.01B | $1.03B | $548.0M | $455.0M | $297.0M | $535.0M |
| Operating Margin | 20.1% | 19.0% | 14.4% | 3.3% | 2.1% | 2.1% | 1.7% | 4.0% |
| Interest Expense | $324.0M | $272.0M | $283.0M | $300.0M | $216.0M | $110.0M | $110.0M | $154.0M |
| Pretax Income | $9.52B | $7.44B | $4.95B | $660.0M | $1.53B | $2.56B | $706.0M | $983.0M |
| Income Tax Expense | $2.06B | $1.24B | $814.0M | $452.0M | $88.0M | $-1.51B | $580.0M | $-127.0M |
| Net Income | $7.46B | $6.20B | $4.14B | $208.0M | $1.44B | $4.07B | $126.0M | $1.11B |
| Net Margin | 18.0% | 16.4% | 11.9% | 0.7% | 5.5% | 19.2% | 0.7% | 8.4% |
| EPS (Basic) | $7.85 | $6.44 | $4.25 | $0.21 | $1.51 | $4.48 | $0.15 | $1.48 |
| EPS (Diluted) | $7.80 | $6.36 | $4.20 | $0.21 | $1.48 | $4.38 | $0.15 | $1.43 |
| Shares Outstanding (Basic) | 950.0M | 962.0M | 974.0M | 992.0M | 955.0M | 908.0M | 829.0M | 751.0M |
| Shares Outstanding (Diluted) | 956.0M | 974.0M | 984.0M | 997.0M | 974.0M | 930.0M | 850.0M | 775.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |