Company profile

Marc Russell Benioff / Keith G. Block
Incorporated in
Fiscal year end
Former names
Salesforce Com Inc
IRS number

CRM stock data

FINRA relative short interest over last month (20 trading days) ?

Investment data

Data from SEC filings
Securities sold
Number of investors
3 long holdings
End of quarter 31 Dec 19
Prev Q
%, QoQ
$189M 2.78M 2.78M 0
$88.45M 4.94M 4.94M 0
$68.64M 3.84M 3.84M 0
Holdings list only includes long positions. Only includes long positions.


4 Dec 19
25 Feb 20
31 Jan 21


Company financial data Financial data

Quarter (USD) Oct 19 Jul 19 Apr 19 Jan 19
Revenue 4.51B 4B 3.74B 3.6B
Net income -109M 91M 392M 392M
Diluted EPS -0.12 0.11 0.49 0.46
Net profit margin -2.42% 2.28% 10.49% 10.88%
Operating income 65M 58M 210M 137M
Net change in cash 358M -600M 1.44B 564M
Cash on hand 3.87B 3.51B 4.11B 2.67B
Cost of revenue 1.13B 967M 914M 946M
Annual (USD) Jan 19 Jan 18 Jan 17 Jan 16
Revenue 13.28B 10.48B 8.39B 6.67B
Net income 1.11B 360M 323M -47.43M
Diluted EPS 1.43 0.49 0.46 -0.07
Net profit margin 8.36% 3.44% 3.85% -0.71%
Operating income 535M 454M 218M 114.92M
Net change in cash 126M 936M 449M 249.88M
Cash on hand 2.67B 2.54B 1.61B 1.16B
Cost of revenue 3.45B 2.77B 2.23B 1.65B

Financial data from company earnings reports

81.8% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 1476 1362 +8.4%
Opened positions 231 151 +53.0%
Closed positions 117 99 +18.2%
Increased positions 591 672 -12.1%
Reduced positions 473 391 +21.0%
13F shares
Current Prev Q Change
Total value 118.7B 105.65B +12.4%
Total shares 725.49M 711.78M +1.9%
Total puts 14.78M 16.94M -12.8%
Total calls 10.55M 12.77M -17.4%
Total put/call ratio 1.4 1.3 +5.6%
Largest owners
Shares Value Change
FMR 91.59M $14.9B -2.9%
Vanguard 68.07M $11.07B +1.6%
BLK BlackRock 63.22M $10.28B +1.9%
N Price T Rowe Associates 45.61M $7.42B +4.0%
STT State Street 35.43M $5.76B +2.2%
Jennison Associates 19.31M $3.14B -8.1%
Nuveen Asset Management 14.41M $2.34B +0.8%
JPM JPMorgan Chase & Co. 14.17M $2.3B +7.5%
JHG Janus Henderson 13.17M $2.14B -8.2%
NTRS Northern Trust 11.93M $1.94B +1.1%
Largest transactions
Shares Bought/sold Change
Polen Capital Management 3.08M +3.08M NEW
Clearbridge Advisors 3.22M +2.74M +565.3%
FMR 91.59M -2.71M -2.9%
N Price T Rowe Associates 45.61M +1.74M +4.0%
Farallon Capital Management 1.72M +1.72M NEW
Jennison Associates 19.31M -1.71M -8.1%
Susquehanna International 2.02M -1.67M -45.3%
Tiger Global Management 739K -1.67M -69.3%
MS Morgan Stanley 10.56M +1.4M +15.3%
Francisco Partners Management 1.25M +1.25M NEW

Financial report summary

  • If our security measures or those of our third-party data center hosting facilities, cloud computing platform providers or third-party service partners, or the underlying infrastructure of the Internet are breached, and unauthorized access is obtained to a customer’s data, our data or our IT systems, or authorized access is blocked or disabled, our services may be perceived as not being secure, customers may curtail or stop using our services, and we may incur significant reputational harm, legal exposure and liabilities, or a negative financial impact.
  • Defects or disruptions in our services could diminish demand for our services and subject us to substantial liability.
  • Any interruptions or delays in services from third-parties, including data center hosting facilities, cloud computing platform providers and other hardware and software vendors, or from our inability to adequately plan for and manage service interruptions or infrastructure capacity requirements, could impair the delivery of our services and harm our business.
  • Privacy concerns and laws such as the European Union’s General Data Protection Regulation, evolving regulation of cloud computing, cross-border data transfer restrictions and other domestic or foreign regulations may limit the use and adoption of our services and adversely affect our business.
  • Our efforts to expand our services beyond the CRM market and to develop and integrate our existing services in order to keep pace with technological developments may not succeed and may reduce our revenue growth rate and harm our business.
  • As we acquire and invest in companies or technologies, we may not realize the expected business or financial benefits and the acquisitions could prove difficult to integrate, disrupt our business, dilute stockholder value and adversely affect our operating results and the market value of our common stock.
  • Industry-specific regulation and other requirements and standards are evolving and unfavorable industry-specific laws, regulations, interpretive positions or standards could harm our business.
  • Supporting our existing and growing customer base could strain our personnel resources and infrastructure, and if we are unable to scale our operations and increase productivity, we may not be able to successfully implement our business plan.
  • The market in which we participate is intensely competitive, and if we do not compete effectively, our operating results could be harmed.
  • Our ability to deliver our services is dependent on the development and maintenance of the infrastructure of the Internet by third parties.
  • We are subject to risks associated with our strategic investments, including partial or complete loss of invested capital. Significant changes in the fair value of this portfolio, including changes in the market prices of our investments in public companies and impairments of privately held companies, could negatively impact our financial results.
  • Our quarterly results are likely to fluctuate, which may cause the value of our common stock to decline substantially.
  • If we experience significant fluctuations in our rate of anticipated growth and fail to balance our expenses with our revenue forecasts, our business could be harmed and the market price of our common stock could decline.
  • Sales to customers outside the United States expose us to risks inherent in international operations.
  • Because we generally recognize revenue from subscriptions for our services over the term of the subscription, downturns or upturns in new business may not be immediately reflected in our operating results.
  • If our customers do not renew their subscriptions for our services or reduce the number of paying subscriptions at the time of renewal, our revenue could decline and our business may suffer. If we cannot accurately predict subscription renewals or upgrade rates, we may not meet our revenue targets, which may adversely affect the market price of our common stock.
  • If third-party developers and providers do not continue to embrace our technology delivery model and enterprise cloud computing services, or if our customers seek warranties from us for third-party applications, integrations, data and content, our business could be harmed.
  • We are exposed to fluctuations in currency exchange rates that could negatively impact our financial results and cash flows from changes in the value of the U.S. Dollar versus local currencies and the Euro versus the British Pound Sterling.
  • As more of our sales efforts are targeted at larger enterprise customers, our sales cycle may become more time-consuming and expensive, we may encounter pricing pressure and implementation and configuration challenges, and we may have to delay revenue recognition for some complex transactions, all of which could harm our business and operating results.
  • We have been and may in the future be sued by third parties for various claims, including alleged infringement of proprietary rights.
  • Any failure to protect our intellectual property rights could impair our ability to protect our proprietary technology and our brand, cause us to incur significant expenses and harm our business.
  • Our continued success depends on our ability to maintain and enhance our brands.
  • We may lose key members of our management team or development and operations personnel, and may be unable to attract and retain employees we need to support our operations and growth.
  • Any failure in our delivery of high-quality technical support services may adversely affect our relationships with our customers and our financial results.
  • Periodic changes to our sales organization can be disruptive and may reduce our rate of growth.
  • Unanticipated changes in our effective tax rate and additional tax liabilities may impact our financial results.
  • Our debt service obligations and lease commitments may adversely affect our financial condition and cash flows from operations.
  • Weakened global economic conditions may adversely affect our industry, business and results of operations.
  • Natural disasters and other events beyond our control could materially adversely affect us.
  • Climate change may have a long-term impact on our business.
  • Current and future accounting pronouncements and other financial reporting standards, especially but not only concerning revenue recognition, cost capitalization and lease accounting, may negatively impact our financial results.
  • We may be subject to risks related to government contracts and related procurement regulations.
  • We are subject to governmental export and import controls that could impair our ability to compete in international markets and subject us to liability if we are not in full compliance with applicable laws.
  • The market price of our common stock is likely to be volatile and could subject us to litigation.
  • Provisions in our amended and restated certificate of incorporation and bylaws and Delaware law might discourage, delay or prevent a change of control of our company or changes in our management and, therefore, depress the market price of our common stock.
Management Discussion
  • •Revenue: Total third quarter revenue was $4.5 billion, an increase of 33 percent year-over-year.
  • •Loss per Share: Third quarter loss per share was $0.12, as compared to diluted earnings per share of $0.13 from a year ago.
  • •Cash: Total cash, cash equivalents and marketable securities ended the third quarter at $6.5 billion. Cash generated from operations for the third quarter was $298 million, an increase of 108 percent year-over-year. Our cash flow from operations is seasonal. Refer to "Seasonal Nature of Unearned Revenue, Accounts Receivable and Operating Cash Flow" below.
Content analysis ?
H.S. sophomore Avg
New words: clear, heightened, IEO, insignificant, perpetual, preliminarily, revoked, statute, unconditionally, variation
Removed: absence, accelerate, administering, advancing, Benioff, Block, connected, define, depreciated, determinable, diversity, drawn, eligible, emergence, encourage, ensure, entering, exceeding, exercised, featured, fostering, generation, Germany, good, horizontal, implementing, improved, inactive, Keith, location, Marc, orderly, partnership, predefined, subset, top, upsell, vertical