Form 8-K · Current Report · Filed 2024-05-29
Salesforce Reports Strong Q1 FY25 Results with 11% Revenue Growth
Salesforce, Inc. announced its first quarter fiscal 2025 results, reporting a 11% year-over-year revenue growth to $9.13 billion. The company posted a GAAP operating margin of 18.7% and a non-GAAP operating margin of 32.1%. Salesforce also generated $6.25 billion in operating cash flow and $6.08 billion in free cash flow for the quarter. The company returned $2.2 billion to shareholders through share repurchases and paid $0.4 billion in dividends.
- Filer
- Salesforce Inc. CRM · NYSE
- Filed
- Accession
- 0001108524-24-000007
- CIK
- 0001108524
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Results of Operations and Financial Condition
Financial Statements and Exhibits
Market reaction
Close before filing
$269.83
Next session
-19.2%
Since filing
-31.8%
Latest close
$184.02
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from CRM reporting the same item, with the next session's move:
Exhibits (1)
About Salesforce Inc.
Salesforce Inc. is a cloud-based software company that specializes in customer relationship management (CRM) solutions. Founded in 1999, Salesforce has revolutionized how businesses engage with their customers through its comprehensive suite of applications designed to improve sales, service, marketing, and commerce interactions. The platform enables organizations to automate processes, streamline operations, and enhance customer satisfactions by providing a single, integrated view of customer data. With functionalities extending to analytics, artificial intelligence, and cloud integration, Salesforce serves a variety of industries including retail, healthcare, finance, and technology. Headquartered in San Francisco, California, the company is renowned for its versatile and scalable solutions that cater to businesses of all sizes, from small startups to large enterprises. As a leading player in the SaaS market, Salesforce has significantly influenced the digital transformation era by empowering companies to leverage cloud computing for improved business agility and customer insights.
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