Stock Analysis on Net
Stock Analysis on Net

Salesforce Inc. (NYSE:CRM)

Common-Size Income Statement 
Quarterly Data

Salesforce Inc., common-size consolidated income statement (quarterly data)

Microsoft Excel
3 months ended: Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018 Oct 31, 2017 Jul 31, 2017 Apr 30, 2017
Subscription and support 93.06 92.66 92.90 92.29 92.53 92.51 93.20 92.95 93.28 92.84 94.14 93.84 93.96 94.04 94.06 93.93 93.70 93.55 93.67 93.40 93.26 93.48 93.13 92.77 92.46 92.18
Professional services and other 6.94 7.34 7.10 7.71 7.47 7.49 6.80 7.05 6.72 7.16 5.86 6.16 6.04 5.96 5.94 6.07 6.30 6.45 6.33 6.60 6.74 6.52 6.87 7.23 7.54 7.82
Revenues 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Subscription and support -17.61 -18.31 -17.18 -18.51 -19.30 -19.43 -19.87 -19.45 -18.08 -18.82 -19.17 -19.56 -19.67 -19.86 -19.03 -19.28 -18.19 -18.14 -19.90 -19.93 -19.45 -19.06 -19.24 -19.71 -19.28 -19.39
Professional services and other -6.95 -7.46 -7.87 -8.13 -8.25 -8.16 -7.62 -7.42 -7.37 -7.26 -6.26 -6.16 -5.79 -5.92 -6.12 -5.85 -6.00 -6.32 -6.36 -6.28 -6.43 -6.45 -6.64 -6.95 -6.90 -7.86
Cost of revenues -24.56% -25.77% -25.05% -26.64% -27.55% -27.59% -27.49% -26.87% -25.44% -26.08% -25.43% -25.72% -25.45% -25.78% -25.15% -25.13% -24.19% -24.46% -26.26% -26.21% -25.88% -25.52% -25.88% -26.66% -26.18% -27.25%
Gross profit 75.44% 74.23% 74.95% 73.36% 72.45% 72.41% 72.51% 73.13% 74.56% 73.92% 74.57% 74.28% 74.55% 74.22% 74.85% 74.87% 75.81% 75.54% 73.74% 73.79% 74.12% 74.48% 74.12% 73.34% 73.82% 72.75%
Research and development -14.18 -14.64 -13.45 -16.33 -17.22 -17.78 -17.62 -17.53 -16.09 -15.95 -16.14 -16.65 -17.43 -17.66 -17.13 -17.15 -15.19 -14.82 -14.38 -14.18 -14.11 -14.11 -13.91 -14.70 -15.09 -15.75
Marketing and sales -36.19 -38.24 -40.37 -42.68 -44.35 -45.50 -47.28 -45.33 -43.15 -42.66 -45.25 -43.86 -44.17 -49.13 -48.36 -45.71 -45.63 -45.41 -45.60 -46.82 -45.84 -44.21 -47.85 -44.21 -45.70 -46.47
General and administrative -7.35 -7.74 -6.99 -8.47 -8.38 -8.85 -10.01 -9.72 -10.08 -9.37 -9.87 -9.63 -9.49 -10.32 -10.10 -10.57 -9.38 -9.69 -9.96 -10.08 -10.67 -9.81 -9.63 -10.10 -11.05 -10.90
Restructuring -0.57 -8.62 -9.88 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Loss on settlement of Salesforce.org reseller agreement 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -4.15 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating expenses -58.28% -69.24% -70.69% -67.49% -69.95% -72.14% -74.91% -72.58% -69.32% -67.99% -71.26% -70.14% -71.09% -77.10% -75.59% -73.43% -74.36% -69.92% -69.94% -71.08% -70.62% -68.13% -71.39% -69.01% -71.84% -73.12%
Income (loss) from operations 17.16% 5.00% 4.26% 5.87% 2.50% 0.27% -2.40% 0.55% 5.24% 5.94% 3.32% 4.13% 3.46% -2.88% -0.74% 1.44% 1.45% 5.62% 3.80% 2.71% 3.51% 6.35% 2.73% 4.33% 1.98% -0.37%
Gains (losses) on strategic investments, net -0.34 -1.71 -3.75 0.29 0.58 0.09 0.46 5.29 8.30 4.83 4.47 19.12 13.24 3.95 0.64 0.13 2.73 7.52 3.47 1.86 4.36 7.02 0.00 0.00 0.00 0.00
Other income (expense) 0.52 0.67 -0.12 -0.10 -0.74 -0.76 -0.75 -1.49 -0.50 -0.64 -0.48 -0.18 -0.41 -0.10 0.02 -0.16 -0.08 -0.24 -0.64 -0.80 -0.82 -0.57 0.36 -0.36 -0.79 -0.59
Income (loss) before (provision for) benefit from income taxes 17.34% 3.95% 0.39% 6.06% 2.34% -0.39% -2.69% 4.36% 13.03% 10.13% 7.31% 23.07% 16.29% 0.97% -0.08% 1.42% 4.10% 12.90% 6.63% 3.77% 7.04% 12.81% 3.09% 3.97% 1.19% -0.96%
(Provision for) benefit from income taxes -2.62 -1.54 -1.56 -3.38 -1.46 0.77 2.31 2.46 -4.59 -2.26 -2.72 -3.12 34.67 1.07 -5.03 -3.83 -1.83 -2.41 3.41 -0.68 2.07 -1.36 -0.72 -2.05 -0.50 0.58
Net income (loss) 14.73% 2.41% -1.17% 2.68% 0.88% 0.38% -0.38% 6.82% 8.44% 7.87% 4.59% 19.95% 50.96% 2.03% -5.11% -2.42% 2.28% 10.49% 10.05% 3.10% 9.11% 11.44% 2.37% 1.92% 0.69% -0.39%

Based on: 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-K (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-K (reporting date: 2019-01-31), 10-Q (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-K (reporting date: 2018-01-31), 10-Q (reporting date: 2017-10-31), 10-Q (reporting date: 2017-07-31), 10-Q (reporting date: 2017-04-30).

Income statement item Description The company
Income (loss) from operations The net result for the period of deducting operating expenses from operating revenues. Salesforce Inc. income (loss) from operations as a percentage of revenues increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.
Income (loss) 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 (loss) before (provision for) benefit from income taxes as a percentage of revenues increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.
Net income (loss) The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Salesforce Inc. net income (loss) as a percentage of revenues increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.