Salesforce Inc
For the period ended Jan 31, 2024. Filed Mar 6, 2024.
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FY2024 · Filed Mar 6, 2024
CRM$214.94+0.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(in millions, except per share data)
| 4 | Fiscal Year Ended January 31, | ||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenues: | |||
| Subscription and support | $32,537 | $29,021 | $24,657 |
| Professional services and other | 2,320 | 2,331 | 1,835 |
| Total revenues | 34,857 | 31,352 | 26,492 |
| Cost of revenues (1)(2): | |||
| Subscription and support | 6,177 | 5,821 | 5,059 |
| Professional services and other | 2,364 | 2,539 | 1,967 |
| Total cost of revenues | 8,541 | 8,360 | 7,026 |
| Gross profit | 26,316 | 22,992 | 19,466 |
| Operating expenses (1)(2): | |||
| Research and development | 4,906 | 5,055 | 4,465 |
| Marketing and sales | 12,877 | 13,526 | 11,855 |
| General and administrative | 2,534 | 2,553 | 2,598 |
| Restructuring | 988 | 828 | 0 |
| Total operating expenses | 21,305 | 21,962 | 18,918 |
| Income from operations | 5,011 | 1,030 | 548 |
| Gains (losses) on strategic investments, net | (277) | (239) | 1,211 |
| Other income (expense) | 216 | (131) | (227) |
| Income before provision for income taxes | 4,950 | 660 | 1,532 |
| Provision for income taxes | (814) | (452) | (88) |
| Net income | $4,136 | $208 | $1,444 |
| Basic net income per share | $4.25 | $0.21 | $1.51 |
| Diluted net income per share | $4.20 | $0.21 | $1.48 |
| Shares used in computing basic net income per share | 974 | 992 | 955 |
| Shares used in computing diluted net income per share | 984 | 997 | 974 |
(1)Amounts include amortization of intangible assets acquired through business combinations, as follows:
| Fiscal Year Ended January 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Cost of revenues | $978 | $1,035 | $897 |
| Marketing and sales | 891 | 916 | 727 |
(2)Amounts include stock-based compensation expense, as follows:
| Fiscal Year Ended January 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Cost of revenues | $431 | $499 | $386 |
| Research and development | 972 | 1,136 | 918 |
| Marketing and sales | 1,062 | 1,256 | 1,104 |
| General and administrative | 299 | 368 | 371 |
| Restructuring | 23 | 20 | 0 |
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