Salesforce Financial Performance From Time to Time – According to Annual Report of Salesforce From 2005 to 2022, this company has grown gradually. Financially, Salesforce started to bloom in running their business. They have shown some positive performance from the last 5 years.
Salesforce, Inc. is a cloud software company that is headquartered in San Francisco, California, USA. Historically, this company was founded by Marc Benioff (ex-Oracle executive), Parker Harris, Dave Moellenhoff, and Frank Dominguez in 1999. They started to build this company in a small apartment in San Francisco. To date, Salesforce has employed 73,542 people and still become the leader in the Customer Relationship Management (CRM) platforms. Some of the Customer Relationship Management (CRM) technologies, namely Sales Cloud, Service Cloud, Marketing Cloud, and Commerce Cloud and Platform.
The Assets, Liabilities, and Equities of Salesforce From 2005 to 2022
| Years | Assets | Liabilities | Equities |
|---|---|---|---|
| USD Million | USD Million | USD Million | |
| 2022 | 98,849 | 40,490 | 58,359 |
| 2021 | 95,209 | 37,078 | 58,131 |
| 2020 | 66,301 | 24,808 | 41,493 |
| 2019 | 55,126 | 21,241 | 33,885 |
| 2018 | 30,737 | 15,132 | 15,605 |
| 2017 | 21,984 | 11,608 | 10,376 |
| 2016 | 17,584 | 10,084 | 7,500 |
| 2015 | 12,762 | 7,760 | 5,002 |
| 2014 | 10,692 | 6,717 | 3,975 |
| 2013 | 9,152 | 6,087 | 3,065 |
| 2012 | 5,528 | 3,157 | 2,371 |
| 2011 | 4,164 | 2,498 | 1,666 |
| 2010 | 3,090 | 1,814 | 1,276 |
| 2009 | 2,460 | 1,403 | 1,057 |
| 2008 | 1,479 | 808 | 671 |
| 2007 | 1,089 | 637 | 452 |
| 2006 | 664 | 383 | 281 |
| 2005 | 434 | 238 | 196 |
| Source : Salesforce Annual Report, 2006-2021 | |||
Based on the Financial Conditions on the balance sheet of the Salesforce from 2005 to 2022, Salesforce has dramatically boosted the value of assets and equities. In 2005, the value of Assets of Salesforce is just assets of 434 million US Dollars with liabilities of 238 million US Dollars, and equities of 196 million US Dollars. Furthermore, in 2022, the assets of Salesforce have become 98,849 million US Dollars, Liabilities have become 40,490 million US Dollars, and Equities also have become 58,359 Million US Dollars.
The Revenue and Net Income of Salesforce From 2005 to 2022
| Years | Revenue | Net Income |
|---|---|---|
| USD Million | USD Million | |
| 2022 | 31,352 | 208 |
| 2021 | 26,492 | 1,444 |
| 2020 | 21,252 | 4,072 |
| 2019 | 17,098 | 126 |
| 2018 | 13,282 | 1,110 |
| 2017 | 10,540 | 360 |
| 2016 | 8,437 | 323 |
| 2015 | 6,667 | -47 |
| 2014 | 5,373 | -262 |
| 2013 | 4,071 | -232 |
| 2012 | 3,050 | -270 |
| 2011 | 2,266 | -11 |
| 2010 | 1,657 | 64 |
| 2009 | 1,305 | 80 |
| 2008 | 1,076 | 43 |
| 2007 | 748 | 18 |
| 2006 | 497 | 0.481 |
| 2005 | 309 | 28 |
| Source : Salesforce Annual Report, 2006-2021 | ||
In the business performance of Salesforce, this company also has positive performance in the last 5 years. They can also generate net income. From 2005 to 2022, Salesforce can generate revenue around 309 million US Dollars, with net income around 28 million US Dollars. Furthermore, in 2022, The revenue of Salesforce has become 31,352 million US Dollars with net income 208 million US Dollars.
Based on the source of business revenue of Salesforce, there are some regions that contribute more revenue to Salesforce. Financially, in 2022, America still becomes the biggest contributor with a value of 21,250 million USD, followed by Europe with 7,163 million USD, and Asia Pacific with 2,939 million USD. Overall, America is still the biggest contributor with 67% of Salesforce’s revenue, followed by Europe with 24%, and Asia Pacific with 9%.
Bibliography of Article Salesforce Financial Performance From Time to Time
Salesforce. 2023. What is Salesforce?. Accessed via https://www.salesforce.com/ap/products/what-is-salesforce/?bc=HA on April 2nd, 2023.
Salesforce. 2023. Annual Report 2005-2022. Accessed via https://investor.salesforce.com/financials/default.aspx on April 2nd, 2023.
Wikipedia. 2023. Salesforce. Accessed via https://en.wikipedia.org/wiki/Salesforce on February 2nd, 2023.