Salesforce, Inc.

CRM

Financial Statements

Income Statement (Annual)

Amounts in millions

2025

1/31/2025

Revenue

37,895

Cost of Revenue

8,643

Gross Profit

29,252

Gross Margin

77.2%

Operating Income

7,205

Operating Margin

19.0%

Net Income

6,197

Net Margin

16.4%

EPS (Basic)

$6.44

EPS (Diluted)

$6.36

EBITDA

11,143

EBITDA Margin

29.4%

2024

1/31/2024

Revenue

34,857

Cost of Revenue

8,541

Gross Profit

26,316

Gross Margin

75.5%

Operating Income

5,011

Operating Margin

14.4%

Net Income

4,136

Net Margin

11.9%

EPS (Basic)

$4.25

EPS (Diluted)

$4.20

EBITDA

9,221

EBITDA Margin

26.5%

2023

1/31/2023

Revenue

31,352

Cost of Revenue

8,360

Gross Profit

22,992

Gross Margin

73.3%

Operating Income

1,030

Operating Margin

3.3%

Net Income

208

Net Margin

0.7%

EPS (Basic)

$0.21

EPS (Diluted)

$0.21

EBITDA

5,644

EBITDA Margin

18.0%

2022

1/31/2022

Revenue

26,492

Cost of Revenue

7,026

Gross Profit

19,466

Gross Margin

73.5%

Operating Income

548

Operating Margin

2.1%

Net Income

1,444

Net Margin

5.5%

EPS (Basic)

$1.51

EPS (Diluted)

$1.48

EBITDA

3,846

EBITDA Margin

14.5%

2021

1/31/2021

Revenue

21,252

Cost of Revenue

5,438

Gross Profit

15,814

Gross Margin

74.4%

Operating Income

455

Operating Margin

2.1%

Net Income

4,072

Net Margin

19.2%

EPS (Basic)

$4.48

EPS (Diluted)

$4.38

EBITDA

3,301

EBITDA Margin

15.5%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2025	2024	2023	2022	2021
Revenue	37,895	34,857	31,352	26,492	21,252
Cost of Revenue	8,643	8,541	8,360	7,026	5,438
Gross Profit	29,252	26,316	22,992	19,466	15,814
Gross Margin	77.2%	75.5%	73.3%	73.5%	74.4%
Operating Income	7,205	5,011	1,030	548	455
Operating Margin	19.0%	14.4%	3.3%	2.1%	2.1%
Net Income	6,197	4,136	208	1,444	4,072
Net Margin	16.4%	11.9%	0.7%	5.5%	19.2%
EPS (Basic)	$6.44	$4.25	$0.21	$1.51	$4.48
EPS (Diluted)	$6.36	$4.20	$0.21	$1.48	$4.38
EBITDA	11,143	9,221	5,644	3,846	3,301
EBITDA Margin	29.4%	26.5%	18.0%	14.5%	15.5%