Salesforce Inc (CRM) Q4 2024 Earnings Report

Comprehensive analysis of Salesforce Inc's financial performance for Q4 2024 with historical comparisons and future outlook.

Next: Q1 2025

Salesforce Inc [CRM] -4.85% $ 244.01
Exchange: NYSE Sector: Technology Industry: Software Application

Q4 2024 Report Published: Mar 6, 2024

Earnings Highlights

  • Revenue of $9.29B up 10.8% year-over-year
  • EPS of $1.47 increased by 1% from previous year
  • Gross margin of 76.9%
  • Net income of 1.45B
  • ""Look, as you can see from these numbers, we've had just an incredible quarter, well, actually we've just had an incredible year here at Salesforce with strong performance across all of our key metrics, revenue, margin, EPS, cash flow and of course our CRPO." - Marc Benioff, CEO" - Marc Benioff

Salesforce Inc (CRM) Q4 2024 Financial Results: Transformational Growth with AI-Driven Innovations

Executive Summary

Salesforce Inc (CRM) has announced its Q4 2024 earnings revealing a robust performance characterized by an 11% year-over-year revenue growth, reaching $9.29 billion. This quarter's highlights include a significant increase in operating cash flow by 44% year-over-year, improvements in profit margins, and the launch of their first dividend. Management emphasized the transformative impact of AI on the business landscape and Salesforce's strategic positioning as a leader in the AI-driven market. CEO Marc Benioff remarked on the unprecedented growth and significant investor relations during this pivotal year, accentuating the sustained momentum in AI and data cloud offerings as key growth drivers.

Key Performance Indicators

Revenue

9.29B
QoQ: 6.50% | YoY:10.77%

Gross Profit

7.14B
76.87% margin
QoQ: 8.74% | YoY:13.61%

Operating Income

1.62B
QoQ: 8.06% | YoY:354.34%

Net Income

1.45B
QoQ: 18.14% | YoY:1 575.51%

EPS

1.49
QoQ: 18.25% | YoY:1 590.00%

Revenue Trend

Margin Analysis

Key Insights

**Revenue and Profitability**: Q4 2024 revenue totaled $9.29 billion, up from $8.36 billion in Q4 2023, representing an 11% year-over-year growth. Full-year revenue reached $34.9 billion, showing resilience in a measured buying environment and strong performance across cloud segments. **Earnings**: Net income surged to $1.446 billion in Q4, reflecting a staggering 1,576% increase from the previous year, with diluted EPS improving to $1.47. **Margins**: Non-GAAP operating margin was reported a...

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q4 2025 9,993.00 1.75 +7.6% View
Q3 2025 9,444.00 1.58 +8.3% View
Q2 2025 9,325.00 1.47 +8.4% View
Q1 2025 9,133.00 1.56 +10.7% View
Q4 2024 9,287.00 1.47 +10.8% View