Market capitalisation
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Share price multiplied by shares outstanding. It does not measure company cash.
Company analysis·CRM
Preparing the analysis
We’re preparing the company’s analysis.
NYSE·CRM
Salesforce, Inc.
Share price$213.65Price as of: Nov 6, 2026
Salesforce, Inc. (CRM) is a company listed on NYSE, classified under Software - Application.
Salesforce provides customer relationship management (CRM) solutions for companies of various sectors and sizes.
Revenue · FY 2026
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Sales generated during the period, before costs and expenses.
Net margin · FY 2026
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Net income as a proportion of revenue.
“Our take” and other explanations are generated with artificial intelligence from the data, without human review of each text. They are descriptive, not recommendations. Learn more
Explore questions
P1 · What does it do and how does it make money?
Of every $100 it takes in,24 come from Service Cloud.
Service Cloud is its largest source of revenue (23.6%), followed by Sales Cloud (21.7%). Here you will see what it sells, where, and how that mix is changing.
$42bnrevenue in FY 2026
6business lines with data
65%of sales, in Americas
Full fiscal year ended Jan 31, 2026
After that close
Q2 fiscal 2027, ended Jul 31, 2026: total revenue +10.8% against the same quarter a year earlier.
This is the revenue of the whole company. The split by lines and regions on this page is still that of the full fiscal year.01How it makes money
The data does not separate products from services.
Not all revenue behaves the same way. A one-off sale depends on someone buying again; a service is billed again and again while the customer stays.
Its business lines · FY 2026
02Where revenue comes from
Revenue is spread out.
Each rectangle is a business line and its size is the share of revenue it brings in. Select one to see the detail.
Area = share of total revenue for the year. It does not show profit: the company does not report what each line earns.
What is a segment's weight?
The part of everything the company takes in that comes from that line. If a line weighs 49%, then of every 100 in sales, 49 come from it.
How to read it
The more a line weighs, the more revenue depends on it. A high weight is neither good nor bad by itself: it shows where to look first.
03Where sales come from
It depends on one main market.
Americas is its largest market, with 65.5% of sales. Each square is a region and its area is what it sells there.
Regions from largest to smallest · FY 2026
04How the mix is changing
Salesforce Platform and Other is gaining weight.
Weight of each part in 2025 and in 2026. A line gains weight when it grows faster than the total.
pp = percentage points: the difference between two percentages (from 25% to 27% is 2 pp).
05Read with care
What we can deduce from the data. And what we cannot.
We can deduceWe cannot conclude
01
FY 2026's growth relied heavily on Salesforce Platform and Other, which made up 45.0% of growth despite being just 19.1% of revenue.
That Salesforce Platform and Other is the usual source of growth: it dominated in FY 2026, but it's unclear if this is a recurring pattern.
02
No line dominates sales: the largest is only 23.6%, and the top three together are well below the total.
That diversification by line ensures equally resilient margins or profits: without profitability by line, each one's impact on results is unknown.
03
The decline in Professional Services and Other was easily offset by the rest: the business does not depend on its stability.
That any decline will always be offset: a setback in a major line could have much more impact than that of Professional Services and Other.
Our take
Line risk is spread, but margins are unknown
Several major lines share a sizeable portion of sales, so no single line dominates the business. However, without margins by line, neither profitability nor the true engine of profit is clear.
What is not proven
Whether Salesforce Platform and Other can continue to drive growth, and whether Europe keeps gaining share, depends on how they perform against the rest.
See the calculations behind it
- Salesforce Platform and Other brought $1.6B of the $3.6B by which revenue grew in FY 2026 (45.0%), although it weighed 19.1%. Without that line, the rest grew 6.5%.
- No line dominates: the largest, Service Cloud, weighs 23.6% (23.9% in FY 2025) and the top three add up to 66.8% across 6 lines.
- Professional Services and Other took away $79M in FY 2026; the other lines made up for it and revenue still rose $3.6B.
- Americas brings 65.5% of sales (66.3% in FY 2025). The fastest-growing region is Europe: +12.7% against +9.6% overall.
- Salesforce Platform and Other accounts for 45.0% of the change in revenue in FY 2026 and weighed 19.1%.
- Europe brought 31.0% of the growth in sales by region in FY 2026, weighing 23.5%.
With data to Nov 4, 2026. Analysis written by a language model from our calculations, which supply every figure. It is not investment advice.
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