Superworth

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

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY202618.0%20.1%77.7%
FY202516.4%19.0%77.2%
FY202411.9%14.4%75.5%
FY20230.7%3.3%73.3%
FY20225.5%2.1%73.5%
FY202119.2%2.1%74.4%
FY20200.7%1.7%75.2%
FY20198.4%4.0%74.0%
FY20183.4%4.3%73.7%
FY20172.1%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

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY2722.0%+5.1 pts19.9%
Q1 FY2718.7%+2.7 pts20.4%
Q4 FY2618.0%+1.6 pts20.1%
Q3 FY2617.9%+2.0 pts20.5%
Q2 FY2616.9%+1.4 pts20.2%
Q1 FY2616.1%+0.8 pts19.3%
Q4 FY2516.4%+4.5 pts19.0%
Q3 FY2516.0%+8.3 pts18.8%
Q2 FY2515.4%+10.7 pts18.1%
Q1 FY2515.3%+14.1 pts17.6%
Q4 FY2411.9%+11.2 pts14.4%
Q3 FY247.6%+6.7 pts11.0%

Against its peers

Companies in Software - Application nearest Salesforce's size, closest first, today.

CompanyProfit margin
CRMSalesforce22.0%
SHOPShopify14.5%
NOWServiceNow11.3%
UBERUber Technologies17.3%
ADPAutomatic Data Processing20.1%
SNOWSnowflake−20.1%
ADBEAdobe28.0%
DDOGDatadog4.5%
INTUIntuit21.3%
CDNSCadence Design Systems23.6%
APPAppLovin64.6%
Peer median18.7%

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.