Salesforce Inc
For the period ended Jan 31, 2025. Filed Mar 5, 2025.
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FY2025 · Filed Mar 5, 2025
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, | ||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Revenues: | |||
| Subscription and support | $35,679 | $32,537 | $29,021 |
| Professional services and other | 2,216 | 2,320 | 2,331 |
| Total revenues | 37,895 | 34,857 | 31,352 |
| Cost of revenues (1)(2): | |||
| Subscription and support | 6,198 | 6,177 | 5,821 |
| Professional services and other | 2,445 | 2,364 | 2,539 |
| Total cost of revenues | 8,643 | 8,541 | 8,360 |
| Gross profit | 29,252 | 26,316 | 22,992 |
| Operating expenses (1)(2): | |||
| Research and development | 5,493 | 4,906 | 5,055 |
| Sales and marketing | 13,257 | 12,877 | 13,526 |
| General and administrative | 2,836 | 2,534 | 2,553 |
| Restructuring | 461 | 988 | 828 |
| Total operating expenses | 22,047 | 21,305 | 21,962 |
| Income from operations | 7,205 | 5,011 | 1,030 |
| Losses on strategic investments, net | (121) | (277) | (239) |
| Other income (expense) | 354 | 216 | (131) |
| Income before provision for income taxes | 7,438 | 4,950 | 660 |
| Provision for income taxes | (1,241) | (814) | (452) |
| Net income | $6,197 | $4,136 | $208 |
| Basic net income per share | $6.44 | $4.25 | $0.21 |
| Diluted net income per share | $6.36 | $4.20 | $0.21 |
| Shares used in computing basic net income per share | 962 | 974 | 992 |
| Shares used in computing diluted net income per share | 974 | 984 | 997 |
(1)Amounts include amortization of intangible assets acquired through business combinations, as follows:
| Fiscal Year Ended January 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Cost of revenues | $750 | $978 | $1,035 |
| Sales and marketing | 901 | 891 | 916 |
(2)Amounts include stock-based compensation expense, as follows:
| Fiscal Year Ended January 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Cost of revenues | $518 | $431 | $499 |
| Research and development | 1,091 | 972 | 1,136 |
| Sales and marketing | 1,205 | 1,062 | 1,256 |
| General and administrative | 367 | 299 | 368 |
| Restructuring | 2 | 23 | 20 |
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