Stock Analysis on Net
Stock Analysis on Net

salesforce.com inc. (NYSE:CRM)

Income Statement
Quarterly Data

Beginner level

The income statement presents information on the financial results of a company’s business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

salesforce.com inc., consolidated income statement (quarterly data)

US$ in millions

Microsoft Excel LibreOffice Calc
3 months ended: 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 Jan 31, 2017 Oct 31, 2016 Jul 31, 2016 Apr 30, 2016 Jan 31, 2016 Oct 31, 2015 Jul 31, 2015 Apr 30, 2015 Jan 31, 2015 Oct 31, 2014 Jul 31, 2014 Apr 30, 2014
Subscription and support 4,840  4,575  4,563  4,239  3,745  3,496  3,375  3,168  3,060  2,810  2,655  2,486  2,368  2,201  2,111  1,984  1,886  1,775  1,683  1,596  1,521  1,405  1,345  1,289  1,233  1,147 
Professional services and other 311  290  288  274  252  241  228  224  221  196  196  194  193  187  183  161  151  141  127  116  113  106  99  95  86  79 
Revenues 5,151  4,865  4,851  4,513  3,997  3,737  3,603  3,392  3,281  3,006  2,851  2,680  2,562  2,388  2,294  2,145  2,037  1,917  1,809  1,712  1,635  1,511  1,445  1,384  1,319  1,227 
Subscription and support (1,013) (966) (923) (870) (727) (678) (717) (676) (638) (573) (548) (528) (494) (463) (448) (411) (361) (336) (319) (303) (293) (274) (258) (239) (219) (209)
Professional services and other (298) (288) (297) (264) (240) (236) (229) (213) (211) (194) (189) (186) (177) (188) (178) (174) (165) (161) (125) (121) (113) (108) (98) (94) (89) (83)
Cost of revenues (1,311) (1,254) (1,220) (1,134) (967) (914) (946) (889) (849) (767) (738) (715) (671) (651) (626) (586) (526) (497) (444) (424) (405) (382) (356) (333) (308) (292)
Gross profit 3,840  3,611  3,631  3,379  3,030  2,823  2,657  2,503  2,432  2,239  2,113  1,965  1,891  1,737  1,668  1,559  1,511  1,420  1,366  1,288  1,229  1,129  1,089  1,050  1,011  934 
Research and development (898) (859) (831) (774) (607) (554) (518) (481) (463) (424) (397) (394) (386) (376) (344) (311) (292) (261) (251) (239) (234) (222) (206) (195) (203) (188)
Marketing and sales (2,275) (2,390) (2,346) (2,063) (1,824) (1,697) (1,643) (1,588) (1,504) (1,329) (1,364) (1,185) (1,171) (1,110) (1,089) (998) (935) (896) (890) (819) (794) (737) (736) (710) (672) (639)
General and administrative (489) (502) (490) (477) (375) (362) (359) (342) (350) (295) (274) (271) (283) (260) (258) (247) (252) (211) (204) (187) (182) (176) (181) (167) (169) (162)
Loss on settlement of Salesforce.org reseller agreement —  —  —  —  (166) —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Operating lease termination resulting from purchase of 50 Fremont —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  37  —  —  —  — 
Operating expenses (3,662) (3,751) (3,667) (3,314) (2,972) (2,613) (2,520) (2,411) (2,317) (2,048) (2,035) (1,849) (1,840) (1,746) (1,691) (1,556) (1,478) (1,368) (1,345) (1,245) (1,209) (1,098) (1,124) (1,072) (1,044) (990)
Income (loss) from operations 178  (140) (36) 65  58  210  137  92  115  191  78  116  51  (9) (23) 33  52  21  43  20  31  (35) (22) (33) (55)
Gains on strategic investments, net 682  192  31  109  281  125  63  143  211  —  —  —  —  —  —  13  —  —  —  —  —  —  —  — 
Gain on sales of land and building improvements —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  22  —  —  —  16  —  — 
Other expense (21) (5) (7) (3) (9) (23) (27) (27) (17) 10  (10) (20) (14) —  (16) (8) (28) (25) (22) (13) (13) (19) (15) (20) (29)
Income (loss) before (provision for) benefit from income taxes 839  47  (4) 64  164  482  239  128  231  385  88  106  30  (23) (23) (13) 24  37  (4) 43  18  (53) (22) (53) (85)
(Provision for) benefit from income taxes 1,786  52  (244) (173) (73) (90) 123  (23) 68  (41) (21) (55) (13) 14  (28) (25) 205  (21) (69) (8) (14) (12) (17) (8) (12)
Net income (loss) 2,625  99  (248) (109) 91  392  362  105  299  344  68  51  18  (9) (51) (37) 230  39  (26) (25) (1) (66) (39) (61) (97)

Based on: 10-Q (filing date: 2020-08-28), 10-Q (filing date: 2020-06-01), 10-K (filing date: 2020-03-05), 10-Q (filing date: 2019-12-04), 10-Q (filing date: 2019-08-23), 10-Q (filing date: 2019-06-05), 10-K (filing date: 2019-03-08), 10-Q (filing date: 2018-11-28), 10-Q (filing date: 2018-08-31), 10-Q (filing date: 2018-05-31), 10-K (filing date: 2018-03-09), 10-Q (filing date: 2017-11-22), 10-Q (filing date: 2017-08-25), 10-Q (filing date: 2017-05-22), 10-K (filing date: 2017-03-06), 10-Q (filing date: 2016-11-21), 10-Q (filing date: 2016-09-01), 10-Q (filing date: 2016-05-20), 10-K (filing date: 2016-03-07), 10-Q (filing date: 2015-11-20), 10-Q (filing date: 2015-08-25), 10-Q (filing date: 2015-05-22), 10-K (filing date: 2015-03-06), 10-Q (filing date: 2014-11-26), 10-Q (filing date: 2014-08-26), 10-Q (filing date: 2014-05-30).

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.com inc.’s revenues increased from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021.
Income (loss) from operations The net result for the period of deducting operating expenses from operating revenues. salesforce.com inc.’s income (loss) from operations decreased from Q4 2020 to Q1 2021 but then increased from Q1 2021 to Q2 2021 exceeding Q4 2020 level.
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.com inc.’s income (loss) before (provision for) benefit from income taxes increased from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021.
Net income (loss) The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. salesforce.com inc.’s net income (loss) increased from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021.