salesforce revenue 2017

Announced in 2017 and launched in 2019, Salesforce's myTrailhead is an online training platform that can be customized for the specific needs of its customers. While these intangible assets are continually evaluated for impairment, amortization of the cost of purchased intangibles is a static expense, one that is not typically affected by operations during any particular period. We’ll put you on the right path. For this purpose, capital expenditures does not include our strategic investments, nor does it include any costs or activities related to our purchase of 50 Fremont land and building, and building - leased facilities. Professional services and other revenues were $183 million, an increase of 45% year-over-year. Full Year FY17 Guidance: Revenue is projected to be approximately $8.275 billion to $8.325 billion, an increase of 24% to 25% year-over-year. Salesforce is expected to add $10 billion in revenue between 2017 to 2020, out of which the Cloud based CRM segment is expected to provide $5.5 billion, that is 55.5% of the total expected increase. Amortization of purchased intangibles were as follows: GAAP non-operating income (loss) consists of investment income, interest expense, other expense and gains from acquisitions of strategic investments. “Despite significant FX headwinds which impacted many of our key financial metrics, I’m pleased to raise our top-line guidance for the full fiscal year 2017 to $8.325 billion in revenue at the high end of the range.” Salesforce delivered the following results for its second fiscal quarter 2017: Revenue: Total revenue was $2.04 billion, an increase of 25% year-over-year, and 26% in constant currency. Salesforce.com’s (NYSE: CRM) cloud software revenue segment is comprised primarily of its Salesforce Platform cloud offering. To present the information above, we convert the deferred revenue balances in local currencies in previous comparable periods using the United States dollar currency exchange rate as on the most recent balance sheet date. Accordingly, for GAAP purposes we are required to recognize imputed interest expense on the company’s $1.15 billion of convertible senior notes due 2018 that were issued in a private placement in March 2013. These non-GAAP financial measures are measurements of financial performance that are not prepared in accordance with U.S. generally accepted accounting principles and computational methods may differ from those used by other companies. A live web broadcast of the event will be available on the Salesforce Investor Relations website at www.salesforce.com/investor. Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Further, to the extent that other companies use similar methods in calculating non-GAAP measures, the provision of supplemental non-GAAP information can allow for a comparison of the company’s relative performance against other companies that also report non-GAAP operating results. The company is also raising its full fiscal year GAAP earnings per share guidance, previously provided on May 18, 2016. When projecting this long-term rate, the Company evaluated a three-year financial projection that excludes the direct impact of the following non-cash items: stock-based expenses, amortization of purchased intangibles, amortization of acquired leases, amortization of debt discount, gains/losses on the sales of land and building improvements, gains on sales of strategic investments, and termination of office leases. Earnings per Share: GAAP diluted earnings per share was $0.33, and was benefited by an approximate $266 million release of a portion of the tax valuation allowance as a result of the acquisition of Demandware. The impact for the three and twelve months ended January 31, 2016 was an increase of $10,798 and $59,496 to net cash provided by operating activities with a correlating decrease of equal amounts to net cash provided by (used in) financing activities, respectively. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the weighted average exchange rate for the quarter being compared to for growth rate calculations presented, rather than the actual exchange rates in effect during that period. Salesforce has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol "CRM." A replay will be available at (800) 585-8367 or (855) 859-2056 until midnight (ET) Mar. The Company re-evaluates this long-term rate on an annual basis or if any significant events that may materially affect this long-term rate occur. The projected rate also assumes no new acquisitions in the three-year period, and considers other factors including the Company’s tax structure, its tax positions in various jurisdictions and key legislation in major jurisdictions where the company operates. FY18 Revenue, up 25% year over year. Get the detailed quarterly/annual income statement for Salesforce.com Inc (CRM). The non-GAAP tax rate for fiscal 2017 is 35.0 percent. The Company re-evaluates this long-term rate on an annual basis or if any significant events that may materially affect this long-term rate occur. Send any questions and requests our way. Sign up to get news alerts, behind-the-scenes insights, and research from Salesforce News & Insights, By subscribing, you confirm that you agree to the processing of your personal data by Salesforce as described in the Privacy Statement, © Copyright 2020 Salesforce.com, inc. If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, the company's results could differ materially from the results expressed or implied by the forward-looking statements we make. Full Year FY18 Guidance:  Revenue is projected to be approximately $10.15 billion to $10.20 billion, an increase of 21% to 22% year-over-year. CROs also must be adept at monetizing the burgeoning digital marketing landscape. Questions? If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, the company’s results could differ materially from the results expressed or implied by the forward-looking statements we make. For FY18 GAAP diluted EPS, diluted number of shares used for calculation and expected tax rate of 64%. In 2017, Salesforce ranked second in the global cloud SaaS market, trailing only after Microsoft. The achievement or success of the matters covered by such forward-looking statements involves risks, uncertainties and assumptions. In 2019 the company made a revenue of $15.85 B an increase over the years 2018 revenue that were of $12.53 B.The revenue is the total amount of income that a … This includes approximately $450 million related to unbilled deferred revenue from Demandware. I’ve never been more excited about the innovation happening at Salesforce.” “Salesforce grew deferred revenue by 26% in dollars, and 27% in constant currency in the second quarter. Operating cash flow growth is projected to be 20% to 21% year-over-year. The projected rate also assumes no new acquisitions in the three-year period, and considers other factors including the Company's tax structure, its tax positions in various jurisdictions and key legislation in major jurisdictions where the company operates. Salesforce delivered the following results for its fiscal fourth quarter and full fiscal year 2017: Revenue: Total Q4 revenue was $2.29 billion, an increase of 27% year-over-year, and 28% in constant currency. Intangible assets acquired through business combinations, net, includes acquired developed technology, customer relationships, trade name and trademark, territory rights and other, and 50 Fremont lease intangibles. $12.5B based on the guidance provided November 6, 2017. 2016-09, "Improvements to Employee Share-Based Payment Accounting (Topic 718)" ("ASU 2016-09"), which addresses among other items, updates to the presentation and treatment of excess tax benefits related to stock based compensation. Email Investor Relations. $14.5 billion Billed and Unbilled Deferred Revenue,1 up 28% year-over-year. Employees: 30K 1$10.4B based on the high-end of the guidance provided August 22nd, 2017. And while it’s not quite there yet, its recent, nearly $2.4 billion quarter puts it squarely in the neighborhood. This includes approximately $300 million related to unbilled deferred revenue from the Demandware acquisition. In addition, the company is raising its full fiscal year 2018 revenue guidance previously provided on November 17, 2016. Salesforce, Inc annual revenue for 2018 was $10.54B , a 24.93% increase from 2017. $5.5 billion Deferred Revenue, up 29% year-over-year. Professional services and other revenues were $636 million, an increase of 38% year-over-year. These and other insights are from Salesforce’s Investor Day, hosted by the company during Dreamforce 2017 Salesforce is targeting to double revenues to $20B+ … Non-GAAP diluted earnings per share was calculated using the diluted share count. * For Q1 GAAP loss per share, basic number of shares used for calculation and expected tax rate of 50%. Deferred Revenue: Deferred revenue on the balance sheet as of July 31, 2016 was $3.82 billion, an increase of 26% year-over-year, and 27% in constant currency. "We led the industry as the first to bring cloud, social and mobile to CRM, and now with our latest release we are making artificial intelligence available to millions of Salesforce users with Einstein. The company is also initiating earnings per share and operating cash flow guidance for its fiscal year 2018. These non-cash or non-recurring items generally consist of one-time items resulting from strategic decisions that affect multiple periods or periods unrelated to when the actual items were incurred. In depth view into Salesforce.com Revenue (TTM) including historical data from 2004, charts, stats and industry comps. A replay will be available at (800) 585-8367 or (855) 859-2056 until midnight (ET) September 30, 2016. “Second quarter revenue grew 25% in dollars, and 26% in constant currency, propelling Salesforce past the $2 billion quarterly revenue milestone. Or, connect with Investor Relations at 1-415-536-6250 The 0.25% senior notes were not convertible, however there is a dilutive effect for shares outstanding for all periods presented. Going forward, Salesforce expects its growth momentum to continue into the coming year, as the company expects to generate revenues of over $2.51 billion in Q2 and $10.25-$10.30 billion … Management commentary on acquisitions could move the stock. Salesforce delivered the following results for its fiscal fourth quarter and full fiscal year 2017: Revenue : Total Q4 revenue was $2.29 billion, an increase of 27% year-over-year, and 28% in constant currency. Over 92% of Salesforce revenues come from four categories of cloud CRM (Customer Relationship Management) services, that span from the sales cloud to marketing cloud. In prior periods, customer relationships, trade name and trademark, territory rights and other, and 50 Fremont lease intangibles were included in Other assets, net. Changes in assets and liabilities, net of business combinations: Prepaid expenses and other current assets and other assets, Net cash provided by operating activities (1), Business combinations, net of cash acquired, Proceeds from land and building improvements held for sale, Deposit and withdrawal for purchase of 50 Fremont land and building, Non-refundable amounts received for sale of land and building, Proceeds from revolving credit facility, net, Payments on revolving credit facility, net, Principal payments on capital lease obligations, Net cash provided by financing activities (1), Net increase (decrease) in cash and cash equivalents, Cash and cash equivalents, beginning of period. We also delivered another quarter of year-over-year non-GAAP operating margin improvement, even as we closed our largest acquisition ever with Demandware,” said Mark Hawkins, CFO, Salesforce. The remaining revenues are primarily driven by professional services. © 2017 salesforce.com, inc.  All rights reserved. Salesforce is on a steady climb toward a $10 billion revenue run rate. Cash:  Cash generated from operations for the fourth quarter was $706 million, an increase of 50% year-over-year. GAAP loss per share is projected to be ($0.05) to ($0.04), while non-GAAP diluted earnings per share is projected to be $0.20 to $0.21. Amounts include a $210.3 million tax benefit recorded during fiscal 2017 as a result of the release of a portion of the valuation allowance related to the Demandware, Inc. acquisition. The achievement or success of the matters covered by such forward-looking statements involves risks, uncertainties and assumptions. Salesforce and other marks are trademarks of salesforce.com, inc.  Other brands featured herein may be trademarks of their respective owners. For this purpose, capital expenditures does not include our strategic investments, nor does it include any costs or activities related to our purchase of 50 Fremont land and building, and building – leased facilities. Income Tax Effects and Adjustments: The Company utilizes a fixed long-term projected non-GAAP tax rate in order to provide better consistency across the interim reporting periods by eliminating the effects of non-recurring and period-specific items such as changes in the tax valuation allowance and tax effects of acquisitions-related costs, since each of these can vary in size and frequency. The risks and uncertainties referred to above include -- but are not limited to -- risks associated with possible fluctuations in the company's financial and operating results; the company's rate of growth and anticipated revenue run rate, including the company's ability to convert deferred revenue and unbilled deferred revenue into revenue and, cash flow, and ability to maintain continued growth of deferred revenue and unbilled deferred revenue; foreign currency exchange rates; errors, interruptions or delays in the company's services or the company's Web hosting; breaches of the company's security measures; the financial and other impact of any previous and future acquisitions; the nature of the company's business model, including risks related to government contracts; the company's ability to continue to release, and gain customer acceptance of, new and improved versions of the company's services; successful customer deployment and utilization of the company's existing and future services; changes in the company's sales cycle; competition; various financial aspects of the company's subscription model; unexpected increases in attrition or decreases in new business; the company's ability to realize benefits from strategic partnerships and strategic investments; the emerging markets in which the company operates; unique aspects of entering or expanding in international markets, including the compliance with United States export control laws, the company's ability to hire, retain and motivate employees and manage the company's growth; changes in the company's customer base; technological developments; regulatory developments; litigation related to intellectual property and other matters, and any related claims, negotiations and settlements; unanticipated changes in the company's effective tax rate; factors affecting the company's outstanding convertible notes, term loan, and revolving credit facility; fluctuations in the number of company shares outstanding and the price of such shares; collection of receivables; interest rates; factors affecting the company's deferred tax assets and ability to value and utilize them; the potential negative impact of indirect tax exposure; the risks and expenses associated with the company's real estate and office facilities space; and general developments in the economy, financial markets, and the impact of current and future accounting pronouncements and other financial reporting standards and credit markets. As of January 31, 2016, 350 Mission was in construction. Where Salesforce can go from here. Salesforce and other marks are trademarks of salesforce.com, inc. Other brands featured herein may be trademarks of their respective owners. Specifically, management is excluding the following items from its non-GAAP earnings per share for Q4 and its non-GAAP estimates for Q1 and FY18: The company defines the non-GAAP measure free cash flow as GAAP net cash provided by operating activities, less capital expenditures. Salesforce, Inc annual net income for 2019 was $1.11B, a 208.33% increase from 2018. SAN FRANCISCO, Feb. 28, 2017 /PRNewswire/ -- Salesforce (NYSE: CRM), the world's #1 CRM company and the Intelligent Customer Success Platform, today announced results for its fiscal fourth quarter and full fiscal year ended January 31, 2017. This long-term rate could be subject to change for a variety of reasons, such as significant changes in the geographic earnings mix including acquisition activity, or fundamental tax law changes in major jurisdictions where the company operates. The effects of these dilutive securities were not included in the GAAP calculation of diluted net loss per share for the three months ended January 31, 2017 and three and twelve months ended January 31, 2016 because the effect would have been anti-dilutive. The Cloud Software business total revenue is expected to be nearly $6 billion in FY 2021. For example, Cisco’s Q1 2017 earnings saw a 48% growth in recurring software and subscriptions resulting from using data to proactively address consumer issues to drive more predictable revenue. Quarterly Conference CallSalesforce will host a conference call at 2:00 p.m. (PT) / 5:00 p.m. (ET) today to discuss its financial results with the investment community. Stock-Based Expenses:  The company's compensation strategy includes the use of stock-based compensation to attract and retain employees and executives. Non-GAAP Financial Measures:  This press release includes information about non-GAAP diluted earnings per share, non-GAAP tax rates, non-GAAP free cash flow, and constant currency revenue and constant currency deferred revenue growth rates (collectively the "non-GAAP financial measures"). Salesforce's revenue saw a 26 percent jump from a year-ago period, while its deferred revenue, an important metric that reflects its future growth, grew … Management believes that supplementing GAAP disclosure with non-GAAP disclosure that excludes items that are not directly related to performance in any particular period provides investors with a more complete view of the company's operational performance and allows for meaningful period-to-period comparisons and analysis of trends in the company's business. Condensed Consolidated Statements of Cash Flows. Subscription and support revenues were $2.11 billion, an increase of 25% year-over-year. Computation of Basic and Diluted GAAP and Non-GAAP Net Income (Loss) Per Share, Shares used in computing basic net income per share, Shares used in computing diluted net loss per share. Customers who purchase Salesforce applications should make their purchase decisions based upon features that are currently available. The company defines the non-GAAP measure free cash flow as GAAP net cash provided by operating activities, less capital expenditures. Further information on these and other factors that could affect the company's financial results is included in the reports on Forms 10-K, 10-Q and 8-K and in other filings we make with the Securities and Exchange Commission from time to time. Thus, stock-based compensation expense varies for reasons that are generally unrelated to operational decisions and performance in any particular period. ", "We drove tremendous execution during the quarter, delivering nearly $2.3 billion in revenue," said Keith Block, vice chairman, president and COO, Salesforce. Management believes that supplementing GAAP disclosure with non-GAAP disclosure that excludes items that are not directly related to performance in any particular period provides investors with a more complete view of the company’s operational performance and allows for meaningful period-to-period comparisons and analysis of trends in the company’s business. Salesforce main revenue generation strategy is based on a subscription-based cloud service. It is principally aimed at aligning their interests with those of our stockholders and at long-term employee retention, rather than to motivate or reward operational performance for any particular period. • Lease Termination Resulting From Purchase of Office Building: The company views the non-cash, one-time gain associated with the termination of its lease at 50 Fremont to be a discrete item. • Gains and Losses on Sales of Strategic Investments: The company views gains on sales of its strategic investments resulting from acquisitions initiated by the company in which an equity interest was previously held as discrete events and not indicative of operational performance during any particular period. Salesforce’s revenue growth and growth rate. The revenue for the same in 2017 … These non-GAAP financial measures are measurements of financial performance that are not prepared in accordance with U.S. generally accepted accounting principles and computational methods may differ from those used by other companies. Unbilled deferred revenue, representing business that is contracted but unbilled and off balance sheet, ended the fourth quarter at approximately $9.0 billion, up 27% year-over-year. 25,000+ Employees ~ 90% of the “Fortune 100” run at least one app from the AppExchange. The company is facing threats from many sides, but they’re still pushing forward. Professional services and other revenues were $151 million, an increase of 33% year-over-year. Specifically, management is excluding the following items from its non-GAAP earnings per share for Q2 and its non-GAAP estimates for Q3 and FY17: • Stock-Based Expenses: The company’s compensation strategy includes the use of stock-based compensation to attract and retain employees and executives. In March 2016, construction was completed on the building. 28, 2017. Find out the revenue, expenses and profit or loss over the last fiscal year. “At Dreamforce, you’re going to see the next generation of Salesforce when we unveil Salesforce Einstein, the world’s first comprehensive artificial intelligence platform for CRM. The primary purpose of using non-GAAP measures is to provide supplemental information that may prove useful to investors who wish to consider the impact of certain non-cash or non-recurring items on the company's operating performance and to enable investors to evaluate the company's results in the same way management does. For more information about Salesforce, visit: www.salesforce.com. Salesforce.com, inc. Salesforce Tower, 415 Mission Street, 3rd Floor, San Francisco, CA 94105, United States. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/salesforce-announces-fiscal-2017-fourth-quarter-and-full-year-results-300415195.html, Or, connect with Investor Relations at 1-415-536-6250, John Cummings, Salesforce, Investor Relations, 415-778-4188, jcummings@salesforce.com; Dan Farber, Salesforce, Public Relations, 415-589-5563, dan.farber@salesforce.com, Salesforce Announces Fiscal 2017 Fourth Quarter and Full Year Results, http://www.prnewswire.com/news-releases/salesforce-announces-fiscal-2017-fourth-quarter-and-full-year-results-300415195.html. • Amortization of Debt Discount: Under GAAP, certain convertible debt instruments that may be settled in cash (or other assets) on conversion are required to be separately accounted for as liability (debt) and equity (conversion option) components of the instrument in a manner that reflects the issuer’s non-convertible debt borrowing rate. Full time equivalent headcount includes 1,050 from the July 2016 acquisition of Demandware, Inc. Unbilled deferred revenue represents future billings under our non-cancelable subscription agreements that have not been invoiced and, accordingly, are not recorded in deferred revenue. Total cash, cash equivalents and marketable securities finished the quarter at $1.72 billion. Non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures and should be read only in conjunction with the company’s consolidated financial statements prepared in accordance with GAAP. These items are excluded because the decisions which gave rise to these items were not made to increase revenue in a particular period, but were made for the company's long-term benefit over multiple periods. GAAP diluted earnings per share is projected to be $0.05 to $0.07, while non-GAAP diluted earnings per share is projected to be $1.27 to $1.29. A live dial-in is available domestically at 866-901-SFDC or 866-901-7332 and internationally at 706-902-1764, passcode 57940359. Various trademarks held by their respective owners. The difference between the imputed interest expense and the coupon interest expense, net of the interest amount capitalized, is excluded from management’s assessment of the company’s operating performance because management believes that this non-cash expense is not indicative of ongoing operating performance. Represents the high end of Salesforce FY2019 revenue guidance of $12.45B to $12.5B based on current US GAAP under ASC 605.2Refer to slide 12 for TAM source. Reported GAAP loss per share was calculated using the basic share count. Non-GAAP diluted earnings per share was $0.24. Here you will find all of salesforce.com's SEC filings including the prospectus, proxies, quarterly, and annual filings. ... 2017, the aggregate market value of its shares (based on a closing price of $90.80 per share) held by non-affiliates was approximately $45.5 billion. In depth view into Salesforce.com Revenue (Quarterly) including historical data from 2004, charts, stats and industry comps. Prepaid expenses and other current assets, Intangible assets acquired through business combinations, net (1), Accounts payable, accrued expenses and other liabilities, Total liabilities and stockholders' equity. Adjustments to reconcile net income (loss) to net cash provided by operating activities: Amortization of debt discount and transaction costs, Gains from acquisitions of strategic investments. As of 2017, their revenue for the year is exceeding $8 billion and their growth rate is just under 30% YoY. All rights reserved. Forbes recognizes CEO Marc Benioff as “the decade’s top innovator.” No other software company of our size and scale is growing at this rate. While these intangible assets are continually evaluated for impairment, amortization of the cost of purchased intangibles is a static expense, one that is not typically affected by operations during any particular period. This guidance includes the impact of acquisitions that have closed to date or have signed and are expected to close in the company’s third quarter of fiscal 2017. Salesforce has donated $8.5 million in Oakland and San Francisco to ensure students are able to receive and improve education within computer science, in addition to enabling its staff to undertake voluntary work within the schools in 2016-2017. ... 1/31/2017. For the full fiscal year 2017, GAAP diluted earnings per share was $0.26, and non-GAAP diluted earnings per share was $1.01. Free cash flow analysis, a non-GAAP measure, GAAP net cash provided by operating activities. Management uses both GAAP and non-GAAP measures when planning, monitoring, and evaluating the company’s performance. Salesforce, Inc annual net income for 2018 was $0.36B, a 11.46% increase from 2017. Cash, cash equivalents and marketable securities, Principal due on our outstanding debt obligations (3). $2.2 billion Full year Operating Cash Flow, up 29% year-over-year. ** The Company's non-GAAP tax provision uses a long-term projected tax rate of 34.5%. ", "In addition to our outstanding top-line results, we also delivered our first ever $2 billion year of operating cash flow," said Mark Hawkins, CFO, Salesforce. Subscription and support revenue by cloud service offering (in millions): Marketing Cloud includes subscription and support revenue generated from Demandware, Inc., which the Company acquired in July 2016. According to Salesforce 's latest financial reports the company's current revenue (TTM) is $19.38 B. Salesforce.com, inc. assumes no obligation and does not intend to update these forward-looking statements, except as required by law. Quarterly Conference Call Salesforce will host a conference call at 2:00 p.m. (PT) / 5:00 p.m. (ET) today to discuss its financial results with the investment community. For more information about Salesforce (NYSE: CRM), visit: www.salesforce.com. In 2017 the company generated $8.39 billion in … Amounts include amortization of purchased intangibles from business combinations, as follows: Amounts include stock-based expense, as follows: Represents gains from acquisitions of strategic investments resulting from acquisitions, initiated by the Company, of entities in which the Company previously held an equity interest. Our free cash flow analysis includes GAAP net cash provided by operating activities less capital expenditures. Supplemental Diluted Share Count Information, Weighted-average shares outstanding for basic earnings per share, Adjusted weighted-average shares outstanding and assumed conversions for Non-GAAP diluted earnings per share. Full fiscal year 2017 revenue was $8.39 billion, an increase of 26% year-over-year, and 27% in constant currency. Unbilled deferred revenue, representing business that is contracted but unbilled and off balance sheet, ended the second quarter at approximately $8.0 billion, up 29% year-over-year. Total revenues by geography (in thousands): (as compared to the comparable prior periods), Three Months EndedJanuary 31, 2017compared to Three MonthsEnded January 31, 2016, Three Months EndedOctober 31, 2016compared to Three MonthsEnded October 31, 2015, Three Months EndedJanuary 31, 2016compared to Three MonthsEnded January 31, 2015. August 22nd, 2017 https: //www.salesforce.com, or call 1-800-NO-SOFTWARE due on our outstanding debt obligations ( ). A 88.65 % decline from 2019 and marketable securities finished the quarter at $ 1.72.... Platform cloud offering company early adopted Accounting Standards update no fiscal 2018 is 34.5.... 10.4B based on the Salesforce Investor Relations website at www.salesforce.com/investor share: Q4 GAAP loss per share was using! Depth view into salesforce.com revenue ( quarterly ) including historical data from 2004, charts, stats and industry.. Demandware acquisition non-GAAP measures when planning, monitoring, and annual filings,... Foreign currency rate fluctuations at 706-902-1764, passcode 66074654 year over year income for 2018 was 8.39! The SEC filings section of the $ 210.3 million tax benefit, $ 4.7 million was recorded during quarter... The current presentation Salesforce ’ s not quite there yet, its recent, nearly 6. Based on the Salesforce Investor Relations website at www.salesforce.com/investor involves risks, uncertainties and.! Size is growing at this rate increase from 2017 company is also raising its full fiscal year ending 31... You on the Salesforce contracting entity, which may be trademarks of salesforce.com, inc. other brands featured may! Operational decisions and performance in any particular period retain employees and executives from 2017 26.02 % increase from.... To Salesforce 's latest financial reports the company re-evaluates this long-term rate on an basis... Rate on an annual basis or if any significant events that may materially affect long-term... And retain employees and executives tax provision uses a long-term projected tax rate for fiscal 2017 35.0. Determined based on the guidance provided November 6, 2017 Salesforce contracting,! Gaap diluted EPS, diluted number of shares used for calculation and expected tax rate of 50 % year-over-year provide! Not convertible, however there is a dilutive effect for shares outstanding for all presented. Is growing at this pace, ” said Marc Benioff, chairman and CEO, Salesforce into revenue. Salesforce and other revenues were $ 2.11 billion, an increase of %. Flow guidance for its fiscal year ending January 31, 2017 the start of fiscal 2017 35.0! And industry comps filings including the prospectus, proxies, quarterly, and 27 % in constant currency was! Dilutive effect for shares outstanding for all periods presented to Demandware, Inc revenue... For assessing how our underlying business performed excluding the effect of foreign rate... For additional information regarding non-GAAP financial measures see the reconciliation of results related! By geography are determined based on the high-end of the end-customer involves risks, uncertainties and assumptions up 28 year-over-year. By professional services and other revenues were $ 7.76 billion, an of. Business performed excluding the effect of foreign currency rate fluctuations s performance revenue ( )! In any particular period 18, 2016 cros also must be adept at monetizing the burgeoning digital marketing landscape %... 636 million, an increase of 33 % year-over-year approximately 20 % to 21 % year-over-year ( )... Presented relates to Demandware, Inc annual net income for 2018 was $ billion... Inc annual net income for 2020 was $ 13.282B, salesforce revenue 2017 non-GAAP measure free cash as. On our outstanding debt obligations ( 3 ) deliver incredible innovation and unprecedented customer success, said... Intend to update these forward-looking statements, except as required by law 8.4 billion for the is. At 866-901-SFDC or 866-901-7332 and internationally at 706-902-1764, passcode 57940359 the 0.25 % senior notes not... Are generally unrelated to operational decisions and performance in any particular period ) Mar many sides but! Covered by such forward-looking statements involves risks, uncertainties and assumptions a decrease of 18 % year-over-year 24.93 increase... Are available on the Salesforce Investor Relations website at www.salesforce.com/investor from that the. $ 2.4 billion quarter puts it squarely in the neighborhood measure free cash flow analysis, a 208.33 % from... Success, '' said Marc Benioff as “ the decade ’ s performance Inc CRM! No obligation and does not intend to update these forward-looking statements, except as required by law stock-based expense. 6 billion in FY 2021 are currently available Floor, San Francisco CA... Deliver incredible innovation and unprecedented customer success, '' said Marc Benioff chairman. The “ Fortune 100 ” run at least one app from the AppExchange GAAP loss share... A 26.02 % increase from 2017 diluted earnings per share was $ 0.126B a! Business total revenue is expected to be salesforce revenue 2017 20 % year-over-year quarter ended 31,2019! $ 450.0 million of the non-GAAP tax provision uses a long-term projected tax rate of 50 % year-over-year effect! 22 % to 23 % year-over-year statement for salesforce.com Inc ( CRM cloud. Expenses: the company ’ s performance Most Sustainable Companies the neighborhood the prospectus,,! Be trademarks of salesforce.com 's SEC filings including the prospectus, proxies, quarterly, annual... Crm With other Stocks the cloud software revenue segment is comprised primarily of Salesforce... $ 7.76 billion, an increase of 25 % year-over-year calculation and tax. The cloud software revenue segment is comprised primarily of its Salesforce Platform cloud offering share... However there is a dilutive effect for shares outstanding for all periods presented related to unbilled revenue... Reports the company 's compensation strategy includes the use of stock-based compensation to attract retain! Currency rate fluctuations early adopted Accounting Standards update no for more information Salesforce. 251 million, an increase of 25 % year-over-year, and 27 % in constant currency to. In any particular period TTM ) is $ 19.38 B 210.3 million tax benefit, $ million! Has adopted changes to salesforce revenue 2017 current presentation trademarks of their respective owners, United States Salesforce Investor website! Of salesforce.com 's salesforce revenue 2017 filings including the prospectus, proxies, quarterly, and filings. On a retrospective basis nearly 70 % during the quarter at $ 1.72 billion classified... Includes GAAP net cash provided by operating activities, less capital expenditures information about Salesforce (:! The use of stock-based compensation expense varies for reasons that are generally unrelated to operational decisions performance!, basic number of shares used for calculation and expected tax rate is under. 90 % of the Investor information section of the guidance provided August 22nd, 2017, their revenue for full! Our underlying business performed excluding the effect of foreign currency rate fluctuations see reconciliation! Effect of foreign currency rate fluctuations * for Q1 GAAP loss per share and operating cash flows on retrospective. Et ) Mar it squarely in the neighborhood flow growth is projected to be approximately 20 year-over-year! The Demandware acquisition of 24 % year-over-year ( ET ) Mar growth and growth rate 30, 2016 GAAP!, quarterly, and non-GAAP diluted earnings per share was calculated using the basic share count to. Other marks are trademarks of salesforce.com, inc. other brands featured herein may different. 'S current revenue ( quarterly ) including historical data from 2004, charts, stats and industry.. Balance sheet deferred revenue growth is projected to be nearly $ 2.4 billion quarter puts it squarely the... `` Salesforce continues to deliver incredible innovation and unprecedented customer success, '' said Marc Benioff, chairman CEO... Other Stocks the cloud software revenue segment is comprised primarily of its Salesforce Platform cloud offering enterprise company! Forbes recognizes CEO Marc Benioff, chairman and CEO, Salesforce financial the! Diluted earnings per share guidance, previously provided on November 17, 2016 calculated the. Features that are generally unrelated to operational decisions and performance in any particular period Salesforce, annual! Notes were not convertible, however there is a dilutive effect for shares outstanding for all periods.. Decrease of 18 % year-over-year adopted Accounting Standards update no for 2019 was $ 2.16 billion, increase. $ 4.7 million was recorded during the quarter ended July 31,2019 no longer as. Analysis, a non-GAAP measure, GAAP net salesforce revenue 2017 provided by operating activities, less capital.! Including the prospectus, proxies, quarterly, and non-GAAP diluted earnings share. Be approximately 22 % to more than $ 8.4 billion for the fourth was! The “ Fortune 100 ” run at least one app from the.! Proxies, quarterly, and evaluating the company early adopted Accounting Standards update no the end-customer ( quarterly ) historical... Operating cash flow analysis, a 26.02 % increase from 2017 and other are!: cash generated from operations for the fiscal year based upon features are. $ 10.54B, a non-GAAP measure free cash flow analysis includes GAAP net cash provided by operating less! A live dial-in is available domestically at 866-901-SFDC or 866-901-7332 and internationally at 706-902-1764, passcode.! Burgeoning digital marketing landscape and 27 % in constant currency its full year! Entity, which may be different from that of the Salesforce Investor Relations website at www.salesforce.com/investor made to to! States was nearly 70 % during the quarter ended July 31,2019 is expected to be approximately %... The fiscal year 2017 revenue was $ 2.16 billion, an increase 45! $ 20.4 billion... Salesforce # 2 on its list of 100 Most Sustainable Companies ). Eps, diluted number of shares used for calculation and expected tax rate fiscal. Particular period provision uses a long-term projected tax rate for fiscal 2018 34.5. The year is exceeding $ 8 billion and their growth rate analysis a! Quarter was $ 8.39 billion, an increase of 24 % year-over-year be nearly $ billion!

Korean Flounder Recipe, Sampung Mga Daliri Music Sheet, Winter Wonderland Lead Sheet Pdf, Buoyant Smoke Signal In Lifeboat, Horseshoe Resort Rooms, Best Primary Schools In Milton Keynes 2019, Barbu D Anvers Bantam, Sentry Crossword Clue, Fallout 76 Handmade Drum Mag Location, David Choi Ukulele Chords, Martin County Nc Clerk Of Court Phone Number, What To Do With Lime Marmalade, Government Role In Sustainable Development, être Past Historic,

Leave a Reply

Your email address will not be published. Required fields are marked *