Salesforce, Inc revenue for the twelve months ending October 31, 2020 was $20.286B, a … Salesforce, the CRM powerhouse that recently surpassed $20 billion in annual revenue, announced today it is wading deeper into enterprise social by acquiring Slack in a $27.7 billion megadeal. Revenue … Salesforce, Inc revenue for the quarter ending October 31, 2020 was, Salesforce, Inc revenue for the twelve months ending October 31, 2020 was, Salesforce, Inc annual revenue for 2020 was, Salesforce, Inc annual revenue for 2019 was, Salesforce, Inc annual revenue for 2018 was. Total Fiscal 2020 revenue was $17.1 billion, up 29% year-over-year, and 29% in constant currency. The GAAP tax rates may fluctuate due to future acquisitions or other transactions. More information is available on the Salesforce Newsroom. The company's second-quarter revenue of $5.15 billion was a 29% increase from a year ago, part of an earnings report that sent shares up 25% that day and created billions of dollars in … As of its 2020 fiscal year, Salesforce.com’s largest revenue generating service offering was its “Sales Cloud” which earned the company over four billion U.S. dollars in total revenue. 26, 2020. “Safe harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements about the company’s financial and operating results, which may include expected GAAP and non-GAAP financial and other operating and non-operating results, including revenue, net income, diluted earnings per share, operating cash flow growth, operating margin improvement, expected revenue growth, expected current remaining performance obligation growth, expected tax rates, stock-based compensation expenses, amortization of purchased intangibles, shares outstanding, market growth, environmental, social and governance goals and expected capital allocation, including mergers and acquisitions, capital expenditures and other investments. In addition, the guidance below is based on estimated GAAP tax rates that reflect the company’s currently available information, and excludes forecasted discrete tax items such as excess tax benefits from stock-based compensation. Cash generated from operations for Fiscal 2020 was $4.33 billion, an increase of 27% year-over-year. This statistic highlights Salesforce’s Revenue by region from the first quarter of 2015 (Q1 2015) to the last quarter of 2020 (Q1 2020) Subscribe to Pro or Enterprise plans to unlock this feature. The company is initiating its GAAP earnings per share guidance, non-GAAP earnings per share guidance, and current remaining performance obligation guidance for its first quarter of fiscal year 2021. Salesforce announcing Revenue Cloud now shows the potential to help revenue and sales leaders get back in control of their channels. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. As of February 25, 2020, the company is initiating its GAAP earnings per share guidance, non-GAAP earnings per share guidance, and operating cash flow guidance for the full fiscal year 2021. Understanding the fuller picture Sustainability of revenue growth can be difficult to judge. Subscription and support revenues for the year were $16.0 billion , an increase of 29% year … If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Customers who purchase Salesforce applications should make their purchase decisions based upon features that are currently available. The company is raising its revenue guidance previously provided on December 3, 2019 for its first quarter and full fiscal year 2021. Total Fiscal 2020 revenue was $17.1 billion, up 29% year-over-year, and 29% in constant currency. Share this article...Salesforce are introducing Revenue Cloud which “makes B2B buying fast, flexible, and simple for customers without sacrificing compliance and accuracy…no matter the complexity of your deals, business model, or revenue processes”. Our guidance assumes no change to the value of the company’s strategic investment portfolio resulting from ASU 2016-01 as it is not possible to forecast future gains and losses. Change Takes Time There’s a lot going on in the Salesforce ecosystem that … Salesforce and other marks are trademarks of salesforce.com, inc. Other brands featured herein may be trademarks of their respective owners. A replay will be available at (800) 585-8367 or (855) 859-2056 until midnight (ET) Mar. Professional services and other revenues for the quarter were $288 million, an increase of 26% year-over-year. In this $17 billion, Salesforce’s Cloud based … Please check your download folder. 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The risks and uncertainties referred to above include — but are not limited to — risks associated with the effect of general economic and market conditions; the impact of geopolitical events; the impact of foreign currency exchange rate and interest rate fluctuations on our results; our business strategy and our plan to build our business, including our strategy to be the leading provider of enterprise cloud computing applications and platforms; the pace of change and innovation in enterprise cloud computing services; the seasonal nature of our sales cycles; the competitive nature of the market in which we participate; our international expansion strategy; the demands on our personnel and infrastructure resulting from significant growth in our customer base and operations, including as a result of acquisitions; our service performance and security, including the resources and costs required to avoid unanticipated downtime and prevent, detect and remediate potential security breaches; the expenses associated with our data centers and third-party infrastructure providers; additional data center capacity; real estate and office facilities space; our operating results and cash flows; new services and product features, including any efforts to expand our services beyond the CRM market; our strategy of acquiring or making investments in complementary businesses, joint ventures, services, technologies and intellectual property rights; the performance and fair value of our investments in complementary businesses through our strategic investment portfolio; our ability to realize the benefits from strategic partnerships, joint ventures and investments; the impact of future gains or losses from our strategic investment portfolio, including gains or losses from overall market conditions that may affect the publicly traded companies within our strategic investment portfolio; our ability to execute our business plans; our ability to successfully integrate acquired businesses and technologies; our ability to continue to grow unearned revenue and remaining performance obligation; our ability to protect our intellectual property rights; our ability to develop our brands; our reliance on third-party hardware, software and platform providers; our dependency on the development and maintenance of the infrastructure of the Internet; the effect of evolving domestic and foreign government regulations, including those related to the provision of services on the Internet, those related to accessing the Internet, and those addressing data privacy, cross-border data transfers and import and export controls; the valuation of our deferred tax assets and the release of related valuation allowances; the potential availability of additional tax assets in the future; the impact of new accounting pronouncements and tax laws; uncertainties affecting our ability to estimate our tax rate; uncertainties regarding our tax obligations in connection with potential jurisdictional transfers of intellectual property, including the tax rate, the timing of the transfer and the value of such transferred intellectual property; the impact of expensing stock options and other equity awards; the sufficiency of our capital resources; factors related to our outstanding debt, revolving credit facility and loan associated with 50 Fremont; compliance with our debt covenants and lease obligations; current and potential litigation involving us; and the impact of climate change, natural disasters and actual or threatened public health emergencies. 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