Stock Analysis on Net

Salesforce Inc. (NYSE:CRM)

Income Statement

Salesforce Inc., consolidated income statement

US$ in millions

Microsoft Excel
12 months ended: Jan 31, 2025 Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021 Jan 31, 2020
Subscription and support 35,679 32,537 29,021 24,657 19,976 16,043
Professional services and other 2,216 2,320 2,331 1,835 1,276 1,055
Revenues 37,895 34,857 31,352 26,492 21,252 17,098
Subscription and support (6,198) (6,177) (5,821) (5,059) (4,154) (3,198)
Professional services and other (2,445) (2,364) (2,539) (1,967) (1,284) (1,037)
Cost of revenues (8,643) (8,541) (8,360) (7,026) (5,438) (4,235)
Gross profit 29,252 26,316 22,992 19,466 15,814 12,863
Research and development (5,493) (4,906) (5,055) (4,465) (3,598) (2,766)
Sales and marketing (13,257) (12,877) (13,526) (11,855) (9,674) (7,930)
General and administrative (2,836) (2,534) (2,553) (2,598) (2,087) (1,704)
Restructuring (461) (988) (828)
Loss on settlement of Salesforce.org reseller agreement (166)
Operating expenses (22,047) (21,305) (21,962) (18,918) (15,359) (12,566)
Income from operations 7,205 5,011 1,030 548 455 297
Interest expense (272) (283) (300) (221) (125) (130)
Gains (losses) on strategic investments, net (121) (277) (239) 1,211 2,170 427
Other income (expense) 626 499 169 (6) 61 112
Income before (provision for) benefit from income taxes 7,438 4,950 660 1,532 2,561 706
(Provision for) benefit from income taxes (1,241) (814) (452) (88) 1,511 (580)
Net income 6,197 4,136 208 1,444 4,072 126

Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31).

Income statement item Description The company
Revenues Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Salesforce Inc. revenues increased from 2023 to 2024 and from 2024 to 2025.
Income from operations The net result for the period of deducting operating expenses from operating revenues. Salesforce Inc. income from operations increased from 2023 to 2024 and from 2024 to 2025.
Income before (provision for) benefit from income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Salesforce Inc. income before (provision for) benefit from income taxes increased from 2023 to 2024 and from 2024 to 2025.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Salesforce Inc. net income increased from 2023 to 2024 and from 2024 to 2025.