To the full analysis
Salesforce stock: growth
CRMSalesforce reported $41.53B in revenue for fiscal 2026, up 9.6% on the prior year, up 14.3% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
26.2%
per year from 2007 to 2026, per share 21.4%
Earnings (Annual rate)
66.2%
per year from 2007 to 2026, per share 59.8%
Free cash flow (Annual rate)
30.7%
per year from 2007 to 2026, per share 25.6%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2021 | since 2016 | since 2007 | |
|---|---|---|---|
| Revenue | 14.3% | 20.1% | 26.2% |
| Revenue per share | 13.3% | 15.8% | 21.4% |
| Earnings | 12.9% | no data | 66.2% |
| Earnings per share | 11.9% | no data | 59.8% |
| Free cash flow | 28.6% | 31.1% | 30.7% |
| Free cash flow per share | 27.5% | 26.4% | 25.6% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2007 | $497.1M | $481K | $89.1M |
| 2008 | $748.7M | $18.36M | $160.72M |
| 2009 | $1.08B | $43.43M | $168.5M |
| 2010 | $1.31B | $80.72M | $217.01M |
| 2011 | $1.66B | $64.47M | $90.25M |
| 2012 | $2.27B | −$11.57M | $420.21M |
| 2013 | $3.05B | −$270.45M | $557.19M |
| 2014 | $4.07B | −$232.18M | $576.36M |
| 2015 | $5.37B | −$262.69M | $756.83M |
| 2016 | $6.67B | −$47.43M | $962.23M |
| 2017 | $8.39B | $323M | $1.7B |
| 2018 | $10.48B | $360M | $2.2B |
| 2019 | $13.28B | $1.11B | $2.8B |
| 2020 | $17.1B | $126M | $3.69B |
| 2021 | $21.25B | $4.07B | $4.09B |
| 2022 | $26.49B | $1.44B | $5.28B |
| 2023 | $31.35B | $208M | $6.31B |
| 2024 | $34.86B | $4.14B | $9.5B |
| 2025 | $37.9B | $6.2B | $12.43B |
| 2026 | $41.53B | $7.46B | $14.4B |
Revenue by segment
How Salesforce, Inc. makes its money and how that has shifted. Names are as the company reports them.
- Service Cloud24%
- Sales Cloud22%
- Salesforce Platform and Other21%
- Integration And Analytics15%
- Marketing and Commerce Cloud13%
- Professional Services and Other5%
Figures as a table
| 2022 | 2023 | 2024 | 2025 | 2026 | Share 2026 | |
|---|---|---|---|---|---|---|
| Service Cloud | $6.47B | $7.37B | $8.25B | $9.05B | $9.82B | 23.6% |
| Sales Cloud | $5.99B | $6.83B | $7.58B | $8.32B | $9.03B | 21.7% |
| Salesforce Platform and Other | $4.51B | $5.97B | $6.61B | $7.25B | $8.88B | 21.4% |
| Integration And Analytics | $3.78B | $4.34B | $5.19B | $5.78B | $6.23B | 15% |
| Marketing and Commerce Cloud | $3.9B | $4.52B | $4.91B | $5.28B | $5.43B | 13.1% |
| Professional Services and Other | $1.84B | $2.33B | $2.32B | $2.22B | $2.14B | 5.1% |
| Total revenue | $26.49B | $31.35B | $34.86B | $37.9B | $41.53B | 100% |
Revenue by region
Where Salesforce, Inc. generates its revenue.
- Americas65%
- Europe24%
- Asia Pacific10%
Figures as a table
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Americas | $6.22B | $7.58B | $9.45B | $12.05B | $14.74B | $17.98B | $21.25B | $23.29B | $25.14B | $27.19B | 65.5% |
| Europe | $1.37B | $1.9B | $2.55B | $3.43B | $4.5B | $6.02B | $7.16B | $8.13B | $8.89B | $10.02B | 24.1% |
| Asia Pacific | $793.47M | $997.37M | $1.28B | $1.62B | $2.02B | $2.49B | $2.94B | $3.44B | $3.86B | $4.32B | 10.4% |
| Total revenue | $8.39B | $10.48B | $13.28B | $17.1B | $21.25B | $26.49B | $31.35B | $34.86B | $37.9B | $41.53B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Jan 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral since 7 Nov 2026, previously Strong
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.
