Salesforce, Inc. (CRM)

Sector: Technology|Industry: Software - Application|Market Cap: $345.84B|Employees: 72.7K


Salesforce, Inc. is a global leader in customer relationship management (CRM) technology, enabling companies of all sizes and industries to connect with customers through data, AI, CRM, and trust. Its AI-powered Customer 360 platform unites sales, service, marketing, commerce, and IT teams, providing a single source of customer truth for improved responsiveness and efficiency. Salesforce's competitive advantages include its trusted platform, AI capabilities, and strong partner ecosystem, with a global presence and key markets worldwide.

  1. Filings

Filing Highlights

Financial Performance

Total revenue for the six months ended July 31, 2024, reached $18.5 billion, representing a 10% year-over-year increase. This growth was driven by strong performance in subscription and support revenues, which increased by 11% year-over-year.

Operating margin increased to approximately 19% for the six months ended July 31, 2024, compared to approximately 11% for the same period in 2023. This improvement reflects the success of cost optimization initiatives implemented by the company.

Diluted net income per share for the six months ended July 31, 2024, was $3.03, compared to $1.49 in the same period of 2023. This substantial increase signals improved profitability and efficiency.

Growth & Strategy

Management Execution

Risk Factors

Competitive Position

Operational Efficiency

Innovation & Technology

Capital Allocation

ESG Initiatives

Market Environment