Salesforce profit margin CRM
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 22.0%
- Operating margin, 12 months
- 19.9%
- Net margin on a year earlier
- +5.1 pts
- Peer median
- 18.7%
Over the twelve months to Jul 31, 2026, Salesforce kept 22.0% of its revenue as net profit, with an operating margin of 19.9% and a gross margin of 77.3%.
Five years earlier its net margin was 10.0%.
The median for 10 application software stocks of a similar size is 18.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | 18.0% | 20.1% | 77.7% |
| FY2025 | 16.4% | 19.0% | 77.2% |
| FY2024 | 11.9% | 14.4% | 75.5% |
| FY2023 | 0.7% | 3.3% | 73.3% |
| FY2022 | 5.5% | 2.1% | 73.5% |
| FY2021 | 19.2% | 2.1% | 74.4% |
| FY2020 | 0.7% | 1.7% | 75.2% |
| FY2019 | 8.4% | 4.0% | 74.0% |
| FY2018 | 3.4% | 4.3% | 73.7% |
| FY2017 | 2.1% | 0.8% | 73.4% |
| FY2016 | −0.7% | 1.7% | 75.2% |
| FY2015 | −4.9% | −2.7% | 76.0% |
| FY2014 | −5.7% | −7.0% | 76.2% |
| FY2013 | −8.9% | −3.6% | 77.6% |
| FY2012 | −0.5% | −1.5% | 78.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY27 | 22.0% | +5.1 pts | 19.9% | |
| Q1 FY27 | 18.7% | +2.7 pts | 20.4% | |
| Q4 FY26 | 18.0% | +1.6 pts | 20.1% | |
| Q3 FY26 | 17.9% | +2.0 pts | 20.5% | |
| Q2 FY26 | 16.9% | +1.4 pts | 20.2% | |
| Q1 FY26 | 16.1% | +0.8 pts | 19.3% | |
| Q4 FY25 | 16.4% | +4.5 pts | 19.0% | |
| Q3 FY25 | 16.0% | +8.3 pts | 18.8% | |
| Q2 FY25 | 15.4% | +10.7 pts | 18.1% | |
| Q1 FY25 | 15.3% | +14.1 pts | 17.6% | |
| Q4 FY24 | 11.9% | +11.2 pts | 14.4% | |
| Q3 FY24 | 7.6% | +6.7 pts | 11.0% |
Against its peers
Companies in Software - Application nearest Salesforce's size, closest first, today.
| Company | Profit margin |
|---|---|
| CRMSalesforce | 22.0% |
| SHOPShopify | 14.5% |
| NOWServiceNow | 11.3% |
| UBERUber Technologies | 17.3% |
| ADPAutomatic Data Processing | 20.1% |
| SNOWSnowflake | −20.1% |
| ADBEAdobe | 28.0% |
| DDOGDatadog | 4.5% |
| INTUIntuit | 21.3% |
| CDNSCadence Design Systems | 23.6% |
| APPAppLovin | 64.6% |
| Peer median | 18.7% |
Where Salesforce ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Salesforce
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.