Common-Size Income Statement
Quarterly Data
Paying user area
Try for free
Salesforce Inc. pages available for free this week:
- Balance Sheet: Assets
- Cash Flow Statement
- Common-Size Balance Sheet: Assets
- Analysis of Liquidity Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Common Stock Valuation Ratios
- Return on Equity (ROE) since 2005
- Total Asset Turnover since 2005
- Price to Operating Profit (P/OP) since 2005
- Aggregate Accruals
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Salesforce Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Salesforce Inc., common-size consolidated income statement (quarterly data)
Based on: 10-Q (reporting date: 2026-07-31), 10-Q (reporting date: 2026-04-30), 10-K (reporting date: 2026-01-31), 10-Q (reporting date: 2025-10-31), 10-Q (reporting date: 2025-07-31), 10-Q (reporting date: 2025-04-30), 10-K (reporting date: 2025-01-31), 10-Q (reporting date: 2024-10-31), 10-Q (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-K (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 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).
The financial trajectory reveals a strategic transition from a high-growth, high-expenditure model toward a focus on operational efficiency and margin expansion. A consistent increase in profitability is observed, driven by a simultaneous reduction in operating expenses as a percentage of revenue and a stabilization of gross margins.
- Revenue Composition
- Subscription and support revenues remain the primary driver of total income, maintaining a dominant share between 92% and 95%. A gradual upward trend is observed in this segment, peaking at 95.37% by July 31, 2026. Conversely, professional services and other revenues have declined from a high of 7.71% in October 2022 to 4.63% by July 2026, indicating a shift toward a more scalable, product-centric revenue mix.
- Gross Profitability
- Gross profit margins have demonstrated steady improvement, rising from 74.22% in April 2020 to a peak of 78.10% in July 2023. While some minor fluctuations occurred, the margin generally remained above 76% in the latter half of the period. This expansion is supported by a reduction in the cost of revenues, which fell from a peak of 27.59% to approximately 22% to 23% in more recent quarters.
- Operating Expense Optimization
- A significant reduction in the cost of operations is evident. Sales and marketing expenses showed the most dramatic decline, dropping from 49.13% of revenues in April 2020 to approximately 34% by July 2026. Research and development expenses also decreased from 17.66% to roughly 14.8%. General and administrative costs followed a similar downward path, reducing from 10.32% to 6.39%. Collectively, total operating expenses fell from a high of 77.10% to as low as 55.83%, reflecting a substantial increase in organizational efficiency.
- Operating Income and Profitability
- The improvement in cost management resulted in a sharp increase in operating income. After a period of volatility and low single-digit margins between 2020 and 2022, operating income jumped to a range of 17% to 22% starting in mid-2023. Net income followed a similar trajectory of expansion, transitioning from sporadic results to a consistent and growing positive trend, reaching 31.08% by July 2026, aided in part by significant gains on strategic investments in the final period.
- Non-Operating Items
- Strategic investments have introduced notable volatility into the bottom line. While these gains were significant in the early period (peaking at 19.12% in October 2020), they remained relatively muted until a substantial spike to 23.03% in July 2026. Interest expenses emerged as a factor in the final two quarters, recording values of 2.85% and 4.17% of revenues.