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CRM.NYSE
Salesforce
Information Technology · Application Software

Cloud-based customer relationship management software company providing business applications for sales, service, marketing, and analytics.

HQ: United StatesListed: United States

Profile & Fundamentals

Salesforce: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.

Profile & Fundamentals

Salesforce Profile & Fundamentals

Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.

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Profile & Fundamentals contents

Company and Market Context

Company Profile & Ownership

Salesforce, Inc. provides customer relationship management technology services that connect companies and customers together in the United States, Europe, and the Asia Pacific. The company offers Agentforce, which enables customers to build, deploy, and manage enterprise-grade, autonomous AI agents at scale, enabling humans and agents to work together; Agentforce Sales, an integrated platform that brings together the power of humans with AI agents to help sales teams for selling, managing, and automating entire sales processes; Agentforce Service, which enables companies in every industry to bring all of their customer, employee, IT, and field service needs onto one integrated AI-powered platform; Data 360, a data engine that gives AI agents their context and serves as the foundation for how customers unify service offerings, making their data actionable for both humans and agents; Informatica, an AI-powered data management platform that enables customers to discover, integrate, govern, and deliver trusted data at scale across hybrid and multi-cloud environments; and Slack, a conversational interface for the agentic enterprise where people and agents work together, connecting knowledge, actions, and data in real time. It also provides marketing platforms; commerce services, which empower shopping experiences across various customer touchpoints; integration and analytics solutions; Salesforce Starter, a suite for small and medium-sized businesses that brings sales, service, marketing, and commerce together; and a field service solution that enables companies to connect service agents, dispatchers, and mobile employees through one centralized platform to schedule and dispatch work, as well as track and manage jobs. It serves financial services, healthcare and life sciences, manufacturing, automotive, and government sectors. Salesforce, Inc. was incorporated in 1999 and is headquartered in San Francisco, California.

CRM.NYSE

Company profile record

Salesforce.com Inc

Common Stock · Information Technology · Application Software

Official website

Company

Company / asset
Salesforce.com Inc
Security type
Common Stock
Sector
Information Technology
Industry
Application Software
HQ
🇺🇸 United States
Head office
Salesforce Tower, San Francisco, CA, United States, 94105

Leadership & scale

Chief executive
Mr. Marc R. Benioff
CEO year born
1965
Full-time employees
83.3K
Fiscal year end
January
IPO date
2004-06-23

Fundamentals snapshot

Updated 2026-09-27
Market Cap
USD 184.7B
P/E
19.1x
Revenue (Q3 26)
USD 11.3B
Profit (Q3 26)
USD 3.5B
Dividend Yield
0.5%
Revenue (FY 26)
USD 41.5B
Shares in public float
797.5M
Insider ownership
2.98%

Reporting & identifiers

Symbol
CRM.NYSE
Listing
🇺🇸 United States | Dividend Tax: 30%
Ticker Currency
USD
Income Statement Currency
USD
Balance Sheet Currency
USD
Cash Flow Currency
USD
EPS Currency
USD
Contract Type
SPOT
ISIN
US79466L3024
Asset ID
equity_0a557cc4-0ccd-5e41-9b75-24b09b77f67e

Ownership

Shares Outstanding

Latest: 821.0M | Max: 1.0B | Min: 738.0M

Shares Outstanding
1.3B945.9M630.6M315.3M0.00
821.0M
'17
'19
'21
'23
'25
'26

Latest reported ownership snapshot

As of Oct 1, 2026

Float Shares

97.14%

797.5M latest reported shares

Insider Ownership

2.98%

Latest reported insider stake

Short Float

0.05%

Latest reported short interest / float

Top Holders

Top 5 concentration: 29.69%
BlackRock Inc
institution
Filed 2026-03-31 • Change -994.6K (-1.23%)
9.68%(79.7M shares)
Vanguard Capital Management, LLC
institution
Filed 2026-03-31 • Change +59.3M (0.00%)
7.21%(59.3M shares)
State Street Corp
institution
Filed 2026-03-31 • Change -1.1M (-2.25%)
5.95%(49.0M shares)
Morgan Stanley - Brokerage Accounts
institution
Filed 2026-03-31 • Change +12.7M (+66.63%)
3.85%(31.7M shares)
Vanguard MStar Total Stk Mkt Idx Invest
fund
Filed 2026-08-31 • Change -52.2K (-0.21%)
3.00%(24.7M shares)
Geode Capital Management, LLC
institution
Filed 2026-03-31 • Change +442.6K (+2.03%)
2.70%(22.2M shares)
Vanguard 500 Index Investor
fund
Filed 2026-08-31 • Change +257.9K (+1.20%)
2.63%(21.7M shares)
Source tablesView ownership tables

Shares Outstanding

Annual reported shares outstanding; up to 10 reporting dates.

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Shares outstanding — reported values
Reporting dateShares outstanding
2017-01-01738,000,000
2018-01-01785,000,000
2019-01-01879,000,000
2020-01-01939,000,000
2021-01-011,001,000,000
2022-01-011,000,000,000
2023-01-01981,000,000
2024-01-01975,000,000
2025-01-01962,000,000
2026-01-01821,000,000

Top Holders

Available reported ownership records.

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Largest reported holders
HolderSharesOwnershipReported date
BlackRock Inc79,691,1849.68%2026-03-31
Vanguard Capital Management, LLC59,333,7767.21%2026-03-31
State Street Corp48,953,3885.95%2026-03-31
Morgan Stanley - Brokerage Accounts31,675,6033.85%2026-03-31
Vanguard MStar Total Stk Mkt Idx Invest24,723,7933%2026-08-31
Geode Capital Management, LLC22,225,1572.7%2026-03-31
Vanguard 500 Index Investor21,685,9352.64%2026-08-31
Vanguard Portfolio Management, LLC19,419,4072.36%2026-03-31
Harris Associates L.P.16,151,2691.96%2026-06-30
Arnhold & S. Bleichroeder Advisers, LLC14,612,0681.78%2026-06-30
Arrowstreet Capital Limited Partnership12,659,2171.54%2026-03-31
Capital Research Global Investors11,742,8351.43%2026-06-30
Bank of America Corp11,724,7901.42%2026-03-31
iShares Core S&P 500 ETF10,893,8811.32%2026-08-31
Fidelity 500 Index10,578,2901.29%2026-07-31

Earnings, Profitability & Valuation

Earnings, Profitability & Valuation

Earnings & Revenue

Earnings and Revenue Trajectory

AI Review

The company has transitioned from chasing top-line expansion at all costs toward disciplined cash generation. For fiscal 2026, revenue expanded nearly ten percent to $41.5 billion, while trailing twelve-month free cash flow reached an impressive $15.15 billion. Recurring enterprise software billings demonstrate strong customer retention, showing that the core platform remains an essential operational tool across corporate America. However, headline numbers require careful reading. Recent net income was flattered by an unrealized $2.6 billion accounting gain on a strategic artificial intelligence investment rather than operating growth alone. Furthermore, organic revenue expansion sits closer to seven percent once recent acquisitions are excluded. Cash generation remains formidable, but investors should focus on core subscription billings rather than accounting windfalls.

Revenue, Net Income, and Free Cash Flow

Latest: USD 41.5B | Max: USD 41.5B | Min: USD 126.0M

RevenueFree Cash FlowNet Income
USD 52.3BUSD 39.2BUSD 26.2BUSD 13.1BUSD 0.00
41.5B
14.4B
7.5B
'17
'19
'21
'23
'25
'26

Valuation

P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.

Latest: 23x

>100x>100x>100x>100x0x<-100x
>100x
66x
23x
'22'24'26

Profitability & Margins

Margins and Operating Efficiency

AI Review

Operating profitability has experienced a permanent structural transformation over recent years. Operating margins rose from under two percent in fiscal 2020 to 21.5% in fiscal 2026, while gross margins held firm at an elite 77.7%. This expansion reflects strict post-activist cost discipline, including streamlined sales teams, reduced real estate footprints, and automated internal support workflows. Looking ahead, the key question is whether new artificial intelligence features can maintain these elite margins. Running complex reasoning models introduces third-party computing expenses that traditional software did not have. However, strong enterprise pricing power and customer transition toward usage-based billing should protect cash generation, keeping free cash flow margins near thirty-five percent.

Profitability Margins

Latest: 77.7% | Max: 77.7% | Min: 0.7%

Gross MarginOperating MarginNet Margin
97.9%73.4%48.9%24.5%0.0%
77.7%
21.5%
18.0%
'17
'19
'21
'23
'25
'26

Latest Profitability Ratios as of 2026-01-31

Gross Margin

77.7%

Gross profit / revenue

Operating Margin

21.5%

Operating income / revenue

Net Margin

18.0%

Net income / revenue

FCF Margin

34.7%

Free cash flow / revenue

Source tablesView earnings, profitability & valuation tables

Revenue, Net Income, and Free Cash Flow

Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.

Scroll the table to see every column.

Annual earnings and cash flow
Period endRevenue (USD)Net income (USD)Free cash flow (USD)
2017-01-318,391,984,000323,000,0001,698,240,000
2018-01-3110,480,012,000127,478,0002,203,938,000
2019-01-3113,282,000,0001,110,000,0002,803,000,000
2020-01-3117,098,000,000126,000,0003,688,000,000
2021-01-3121,252,000,0004,072,000,0004,091,000,000
2022-01-3126,492,000,0001,444,000,0005,283,000,000
2023-01-3131,352,000,000208,000,0006,313,000,000
2024-01-3134,857,000,0004,136,000,0009,498,000,000
2025-01-3137,895,000,0006,197,000,00012,434,000,000
2026-01-3141,525,000,0007,457,000,00014,402,000,000

Published P/E Ratio

Published valuation snapshots retain each observation's earnings basis.

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Published valuation snapshots
Period endP/E (times earnings)Earnings basis
2026-01-3123.37Trailing four quarters
2025-01-3153.04Trailing four quarters
2024-01-3166.26Trailing four quarters
2023-01-31792.2Annual net income
2022-01-31161.1Annual net income

Profitability Margins

Matching annual reporting dates. Values are percentages.

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Annual profitability margins
Period endGross margin (%)Operating margin (%)Net margin (%)Free cash flow margin (%)
2017-01-3173.922.63.8520.24
2018-01-3173.542.251.2221.03
2019-01-3174.024.038.3621.1
2020-01-3175.231.180.7421.57
2021-01-3174.412.1419.1619.25
2022-01-3173.487.035.4519.94
2023-01-3173.349.330.6620.14
2024-01-3175.514.3811.8727.25
2025-01-3177.1919.0116.3532.81
2026-01-3177.6821.4717.9634.68

Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-29.

Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.

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