In depth view into Salesforce.com Revenue (TTM) including historical data from 2004, charts, stats and industry comps. In prior periods, customer relationships, trade name and trademark, territory rights and other, and 50 Fremont lease intangibles were included in Other assets, net. The purpose of the non-GAAP tax rate is to quantify the excluded tax adjustments and the tax consequences associated with the above excluded items. Salesforce and other marks are trademarks of salesforce.com, inc. Other brands featured herein may be trademarks of their respective owners. All rights reserved. We present constant currency information to provide a framework for assessing how our underlying business performed excluding the effect of foreign currency rate fluctuations. Employees: 30K 1$10.4B based on the high-end of the guidance provided August 22nd, 2017. As of January 31, 2016, 350 Mission was in construction. Specifically, management is excluding the following items from its non-GAAP earnings per share for Q4 and its non-GAAP estimates for Q1 and FY18: The company defines the non-GAAP measure free cash flow as GAAP net cash provided by operating activities, less capital expenditures. ** The Company's non-GAAP tax provision uses a long-term projected tax rate of 34.5%. For more information about Salesforce, visit: www.salesforce.com. Cash: Cash generated from operations for the fourth quarter was $706 million, an increase of 50% year-over-year. Deferred Revenue: Deferred revenue on the balance sheet as of January 31, 2017 was $5.54 billion, an increase of 29% year-over-year, and 29% in constant currency. ### "Safe harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements about our financial results, which may include expected GAAP and non-GAAP financial and other operating and non-operating results, including revenue, net income (loss), diluted earnings per share, operating cash flow growth, operating margin improvement, deferred revenue growth, expected revenue run rate, expected tax rates, stock-based compensation expenses, amortization of purchased intangibles, amortization of debt discount and shares outstanding. No other enterprise software company of our size is growing at this pace,” said Marc Benioff, chairman and CEO, Salesforce. The achievement or success of the matters covered by such forward-looking statements involves risks, uncertainties and assumptions. Salesforce, Inc annual revenue for 2018 was $10.54B , a 24.93% increase from 2017. Stock-Based Expenses: The company's compensation strategy includes the use of stock-based compensation to attract and retain employees and executives. Various trademarks held by their respective owners. The projected rate also assumes no new acquisitions in the three-year period, and considers other factors including the Company's tax structure, its tax positions in various jurisdictions and key legislation in major jurisdictions where the company operates. For additional information regarding non-GAAP financial measures see the reconciliation of results and related explanations below. For FY18 GAAP diluted EPS, diluted number of shares used for calculation and expected tax rate of 64%. Cash generated from operations for the full fiscal year 2017 was $2.16 billion, an increase of 29% year-over-year. These non-GAAP financial measures are measurements of financial performance that are not prepared in accordance with U.S. generally accepted accounting principles and computational methods may differ from those used by other companies. These and other insights are from Salesforce’s Investor Day, hosted by the company during Dreamforce 2017 Salesforce is targeting to double revenues to $20B+ … On balance sheet deferred revenue growth is projected to be approximately 22% to 23% year-over-year. When projecting this long-term rate, the Company evaluated a three-year financial projection that excludes the direct impact of the following non-cash items: stock-based expenses, amortization of purchased intangibles, amortization of acquired leases, amortization of debt discount, gains/losses on the sales of land and building improvements, gains on sales of strategic investments, and termination of office leases. On balance sheet deferred revenue growth is projected to be approximately 20% year-over-year. Full time equivalent headcount includes 1,050 from the July 2016 acquisition of Demandware, Inc. Unbilled deferred revenue represents future billings under our non-cancelable subscription agreements that have not been invoiced and, accordingly, are not recorded in deferred revenue. Send any questions and requests our way. Intangible assets acquired through business combinations, net, includes acquired developed technology, customer relationships, trade name and trademark, territory rights and other, and 50 Fremont lease intangibles. CROs also must be adept at monetizing the burgeoning digital marketing landscape. Going forward, Salesforce expects its growth momentum to continue into the coming year, as the company expects to generate revenues of over $2.51 billion in Q2 and $10.25-$10.30 billion … “Second quarter revenue grew 25% in dollars, and 26% in constant currency, propelling Salesforce past the $2 billion quarterly revenue milestone. Salesforce, Inc annual net income for 2020 was $0.126B, a 88.65% decline from 2019. Salesforce delivered the following results for its fiscal fourth quarter and full fiscal year 2017: Revenue : Total Q4 revenue was $2.29 billion, an increase of 27% year-over-year, and 28% in constant currency. • Revenue of $2.04 Billion, up 25% Year-Over-Year, 26% in Constant Currency • Deferred Revenue of $3.82 Billion, up 26% Year-Over-Year, 27% in Constant Currency • Unbilled Deferred Revenue of Approximately $8.0 Billion, up 29% Year-Over-Year • Initiates Third Quarter Revenue Guidance of $2.11 Billion to $2.12 Billion • Raises Full Year Revenue Guidance to $8.275 Billion to $8.325 Billion SAN FRANCISCO, Calif. – Aug. 31, 2016 – Salesforce (NYSE: CRM), the Customer Success Platform and world’s #1 CRM company, today announced results for its second fiscal quarter ended July 31, 2016. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the weighted average exchange rate for the quarter being compared to for growth rate calculations presented, rather than the actual exchange rates in effect during that period. Earnings per Share: GAAP diluted earnings per share was $0.33, and was benefited by an approximate $266 million release of a portion of the tax valuation allowance as a result of the acquisition of Demandware. For this purpose, capital expenditures does not include our strategic investments, nor does it include any costs or activities related to our purchase of 50 Fremont land and building, and building – leased facilities. The platform extends functionality which Salesforce built to provide users with training content specific to their usage of Salesforce and enables users to create and publish their own training content and programs. The risks and uncertainties referred to above include — but are not limited to — risks associated with possible fluctuations in the company’s financial and operating results; the company’s rate of growth and anticipated revenue run rate, including the company’s ability to convert deferred revenue and unbilled deferred revenue into revenue and, as appropriate, cash flow, and ability to maintain continued growth of deferred revenue and unbilled deferred revenue; foreign currency exchange rates; errors, interruptions or delays in the company’s services or the company’s Web hosting; breaches of the company’s security measures; the financial impact of any previous and future acquisitions; the nature of the company’s business model; the company’s ability to continue to release, and gain customer acceptance of, new and improved versions of the company’s services; successful customer deployment and utilization of the company’s existing and future services; changes in the company’s sales cycle; competition; various financial aspects of the company’s subscription model; unexpected increases in attrition or decreases in new business; the company’s ability to realize benefits from strategic partnerships and strategic investments; the emerging markets in which the company operates; unique aspects of entering or expanding in international markets, the company’s ability to hire, retain and motivate employees and manage the company’s growth; changes in the company’s customer base; technological developments; regulatory developments; litigation related to intellectual property and other matters, and any related claims, negotiations and settlements; unanticipated changes in the company’s effective tax rate; factors affecting the company’s outstanding convertible notes and revolving credit facility; fluctuations in the number of company shares outstanding and the price of such shares; collection of receivables; interest rates; factors affecting the company’s deferred tax assets and ability to value and utilize them; the potential negative impact of indirect tax exposure; the risks and expenses associated with the company’s real estate and office facilities space; and general developments in the economy, financial markets, and credit markets. Salesforce main revenue generation strategy is based on a subscription-based cloud service. Non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures and should be read only in conjunction with the company’s consolidated financial statements prepared in accordance with GAAP. Salesforce is on a steady climb toward a $10 billion revenue run rate. Supplemental Diluted Share Count Information, Weighted-average shares outstanding for basic earnings per share, Adjusted weighted-average shares outstanding and assumed conversions for Non-GAAP diluted earnings per share. 2 million+ Hours contributed to the Adjustments to reconcile net income (loss) to net cash provided by operating activities: Amortization of debt discount and transaction costs, Gains from acquisitions of strategic investments. Salesforce, Inc annual net income for 2018 was $0.36B, a 11.46% increase from 2017. Where Salesforce can go from here. The revenue for the same in 2017 … Salesforce is expected to add $10 billion in revenue between 2017 to 2020, out of which the Cloud based CRM segment is expected to provide $5.5 billion, that is 55.5% of the total expected increase. Other comprehensive income (loss), before tax and net of reclassification adjustments: Foreign currency translation and other losses, GAAP Results Reconciled to Non-GAAP Results, The following table reflects selected GAAP results reconciled to non-GAAP results, Amortization of purchased intangibles (a), Operating lease termination resulting from purchase of 50 Fremont, net, Amortization of acquired lease intangible, Shares used in computing diluted net income per share. Amortization of Debt Discount: Under GAAP, certain convertible debt instruments that may be settled in cash (or other assets) on conversion are required to be separately accounted for as liability (debt) and equity (conversion option) components of the instrument in a manner that reflects the issuer's non-convertible debt borrowing rate. The capital expenditures balance does not include our strategic investments, nor does it include any costs or activities related to our purchase of 50 Fremont land and building, and construction costs related to building - leased facilities. Salesforce has donated $8.5 million in Oakland and San Francisco to ensure students are able to receive and improve education within computer science, in addition to enabling its staff to undertake voluntary work within the schools in 2016-2017. According to Salesforce 's latest financial reports the company's current revenue (TTM) is $19.38 B. While these intangible assets are continually evaluated for impairment, amortization of the cost of purchased intangibles is a static expense, one that is not typically affected by operations during any particular period. Salesforce.com Inc. gave a first-quarter revenue forecast that fell short of analysts’ projections, hampered by rising competition from rival business … Salesforce Announces Fiscal 2017 Second Quarter Results• Revenue of $2.04 Billion, up 25% Year-Over-Year, 26% in Constant Currency • Deferre, Salesforce Announces Fiscal 2017 Second Quarter Results. Subscription and support revenue by cloud service offering (in millions): Marketing Cloud includes subscription and support revenue generated from Demandware, Inc., which the Company acquired in July 2016. Salesforce.com’s (NYSE: CRM) cloud software revenue segment is comprised primarily of its Salesforce Platform cloud offering. These items are excluded because the decisions which gave rise to these items were not made to increase revenue in a particular period, but were made for the company’s long-term benefit over multiple periods. Cash: Cash generated from operations was $251 million, a decrease of 18% year-over-year. Accordingly, for GAAP purposes we are required to recognize imputed interest expense on the company's. • Lease Termination Resulting From Purchase of Office Building: The company views the non-cash, one-time gain associated with the termination of its lease at 50 Fremont to be a discrete item. These documents are available on the SEC Filings section of the Investor Information section of the company's website at www.salesforce.com/investor. Full fiscal year 2017 revenue was $8.39 billion, an increase of 26% year-over-year, and 27% in constant currency. Salesforce, Inc annual revenue for 2019 was $13.282B, a 26.02% increase from 2018. Salesforce has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol "CRM." Deferred Revenue: Deferred revenue on the balance sheet as of July 31, 2016 was $3.82 billion, an increase of 26% year-over-year, and 27% in constant currency. If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, the company's results could differ materially from the results expressed or implied by the forward-looking statements we make. The risks and uncertainties referred to above include -- but are not limited to -- risks associated with possible fluctuations in the company's financial and operating results; the company's rate of growth and anticipated revenue run rate, including the company's ability to convert deferred revenue and unbilled deferred revenue into revenue and, cash flow, and ability to maintain continued growth of deferred revenue and unbilled deferred revenue; foreign currency exchange rates; errors, interruptions or delays in the company's services or the company's Web hosting; breaches of the company's security measures; the financial and other impact of any previous and future acquisitions; the nature of the company's business model, including risks related to government contracts; the company's ability to continue to release, and gain customer acceptance of, new and improved versions of the company's services; successful customer deployment and utilization of the company's existing and future services; changes in the company's sales cycle; competition; various financial aspects of the company's subscription model; unexpected increases in attrition or decreases in new business; the company's ability to realize benefits from strategic partnerships and strategic investments; the emerging markets in which the company operates; unique aspects of entering or expanding in international markets, including the compliance with United States export control laws, the company's ability to hire, retain and motivate employees and manage the company's growth; changes in the company's customer base; technological developments; regulatory developments; litigation related to intellectual property and other matters, and any related claims, negotiations and settlements; unanticipated changes in the company's effective tax rate; factors affecting the company's outstanding convertible notes, term loan, and revolving credit facility; fluctuations in the number of company shares outstanding and the price of such shares; collection of receivables; interest rates; factors affecting the company's deferred tax assets and ability to value and utilize them; the potential negative impact of indirect tax exposure; the risks and expenses associated with the company's real estate and office facilities space; and general developments in the economy, financial markets, and the impact of current and future accounting pronouncements and other financial reporting standards and credit markets. The achievement or success of the matters covered by such forward-looking statements involves risks, uncertainties and assumptions. The non-GAAP tax rate for fiscal 2018 is 34.5 percent. Further, to the extent that other companies use similar methods in calculating non-GAAP measures, the provision of supplemental non-GAAP information can allow for a comparison of the company’s relative performance against other companies that also report non-GAAP operating results. As of January 31, 2017, $450.0 million of the balance presented relates to Demandware, Inc. Salesforce.com, inc. assumes no obligation and does not intend to update these forward-looking statements, except as required by law. In addition, the company is raising its full fiscal year 2018 revenue guidance previously provided on November 17, 2016. Salesforce, the global CRM leader, empowers companies of every size and industry to digitally transform and create a 360° view of their customers. Find out the revenue, expenses and profit or loss over the last fiscal year. Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. "We led the industry as the first to bring cloud, social and mobile to CRM, and now with our latest release we are making artificial intelligence available to millions of Salesforce users with Einstein. For more information please visit https://www.salesforce.com, or call 1-800-NO-SOFTWARE. Changes in assets and liabilities, net of business combinations: Prepaid expenses and other current assets and other assets, Net cash provided by operating activities (1), Business combinations, net of cash acquired, Proceeds from land and building improvements held for sale, Deposit and withdrawal for purchase of 50 Fremont land and building, Non-refundable amounts received for sale of land and building, Proceeds from revolving credit facility, net, Payments on revolving credit facility, net, Principal payments on capital lease obligations, Net cash provided by financing activities (1), Net increase (decrease) in cash and cash equivalents, Cash and cash equivalents, beginning of period. The projected rate also assumes no new acquisitions in the three-year period, and considers other factors including the Company’s tax structure, its tax positions in various jurisdictions and key legislation in major jurisdictions where the company operates. FY18 Revenue, up 25% year over year. GAAP diluted earnings per share is projected to be $0.27 to $0.29, while non-GAAP diluted earnings per share is projected to be $0.93 to $0.95. Professional services and other revenues were $151 million, an increase of 33% year-over-year. Unbilled deferred revenue, representing business that is contracted but unbilled and off balance sheet, ended the second quarter at approximately $8.0 billion, up 29% year-over-year. Cash, cash equivalents and marketable securities, Principal due on our outstanding debt obligations (3). Management believes that supplementing GAAP disclosure with non-GAAP disclosure that excludes items that are not directly related to performance in any particular period provides investors with a more complete view of the company’s operational performance and allows for meaningful period-to-period comparisons and analysis of trends in the company’s business. 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