Salesforce (CRM) Revenue — Quarter Ended Jan 31, 2023
Revenue for the quarter rose compared to the prior quarter and increased relative to the same quarter a year ago. The company reported its highest quarterly revenue in the trailing twelve months.
Key takeaway
Quarter ended Jan 31, 2023 · FY2023 Q4
Revenue for the quarter rose compared to the prior quarter and increased relative to the same quarter a year ago. The company reported its highest quarterly revenue in the trailing twelve months.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.4B
Revenue reported for this quarter.
Quarter-over-quarter
+7.0%
Change from the immediately preceding quarter.
Year-over-year
+14.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$31.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Apr 30, 2022 | $7.4B | +24.3% |
| Jul 31, 2022 | $7.7B | +21.8% |
| Oct 31, 2022 | $7.8B | +14.2% |
| Jan 31, 2023 | $8.4B | +14.4% |
Revenue performance
The reported revenue moved higher compared with both the immediately preceding quarter and the same quarter one year earlier.
Quarterly comparison
Sequentially, revenue grew from the previous quarter, and on a year-over-year basis, revenue was also higher than the same period one year prior.
What to watch
No filing context was provided to identify specific drivers; continued monitoring of revenue trends is warranted.