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Salesforce (BUE:CRM) Gross Profit : ARS10,817,926 Mil (TTM As of Jan. 2024)


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What is Salesforce Gross Profit?

Salesforce's gross profit for the three months ended in Jan. 2024 was ARS5,771,524 Mil. Salesforce's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was ARS10,817,926 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Salesforce's gross profit for the three months ended in Jan. 2024 was ARS5,771,524 Mil. Salesforce's Revenue for the three months ended in Jan. 2024 was ARS7,508,075 Mil. Therefore, Salesforce's Gross Margin % for the quarter that ended in Jan. 2024 was 76.87%.

Salesforce had a gross margin of 76.87% for the quarter that ended in Jan. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Salesforce was 76.01%. The lowest was 73.34%. And the median was 74.22%.


Salesforce Gross Profit Historical Data

The historical data trend for Salesforce's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Salesforce Gross Profit Chart

Salesforce Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 769,979.19 1,329,641.16 1,998,768.89 4,066,108.65 21,275,169.78

Salesforce Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,111,318.14 1,082,668.63 1,665,983.08 2,297,749.97 5,771,524.44

Competitive Comparison of Salesforce's Gross Profit

For the Software - Application subindustry, Salesforce's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Salesforce's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Salesforce's Gross Profit distribution charts can be found below:

* The bar in red indicates where Salesforce's Gross Profit falls into.



Salesforce Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Salesforce's Gross Profit for the fiscal year that ended in Jan. 2024 is calculated as

Gross Profit (A: Jan. 2024 )=Revenue - Cost of Goods Sold
=28180141.089 - 6904971.312
=21,275,170

Salesforce's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=7508075.001 - 1736550.566
=5,771,524

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ARS10,817,926 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Salesforce's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=5,771,524 / 7508075.001
=76.87 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Salesforce  (BUE:CRM) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Salesforce had a gross margin of 76.87% for the quarter that ended in Jan. 2024 => Durable competitive advantage


Salesforce Gross Profit Related Terms

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Salesforce (BUE:CRM) Business Description

Address
415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, USA, 94105
Salesforce Inc provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group to deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.