Salesforce Inc
CRM
$260.99 0.18%
Exchange: NYSE | Sector: Technology | Industry: Software Application
Q4 2024
Published: Mar 6, 2024

Earnings Highlights

  • Revenue of $9.29B up 10.8% year-over-year
  • EPS of $1.47 increased by 1% from previous year
  • Gross margin of 76.9%
  • Net income of 1.45B
  • ""Look, as you can see from these numbers, we've had just an incredible quarter, well, actually we've just had an incredible year here at Salesforce with strong performance across all of our key metrics, revenue, margin, EPS, cash flow and of course our CRPO." - Marc Benioff, CEO" - Marc Benioff
CRM
Salesforce Inc

Executive Summary

Salesforce Inc (CRM) has announced its Q4 2024 earnings revealing a robust performance characterized by an 11% year-over-year revenue growth, reaching $9.29 billion. This quarter's highlights include a significant increase in operating cash flow by 44% year-over-year, improvements in profit margins, and the launch of their first dividend. Management emphasized the transformative impact of AI on the business landscape and Salesforce's strategic positioning as a leader in the AI-driven market. CEO Marc Benioff remarked on the unprecedented growth and significant investor relations during this pivotal year, accentuating the sustained momentum in AI and data cloud offerings as key growth drivers.

Key Performance Indicators

Revenue
Increasing
9.29B
QoQ: 6.50% | YoY: 10.77%
Gross Profit
Increasing
7.14B
76.87% margin
QoQ: 8.74% | YoY: 13.61%
Operating Income
Increasing
1.62B
QoQ: 8.06% | YoY: 354.34%
Net Income
Increasing
1.45B
QoQ: 18.14% | YoY: 1 575.51%
EPS
Increasing
1.49
QoQ: 18.25% | YoY: 1 590.00%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q3 2026 10,259.00 2.18 +8.6% View
Q2 2026 10,236.00 1.96 +9.8% View
Q1 2026 9,829.00 1.59 +7.6% View
Q4 2025 9,993.00 1.75 +7.6% View
Q3 2025 9,444.00 1.58 +8.3% View
Q4 2024 9,287.00 1.47 +10.8% View