Salesforce (CRM) Revenue — Quarter Ended Apr 30, 2023
Revenue declined from the preceding quarter but rose compared to the same period last year.
Key takeaway
Quarter ended Apr 30, 2023 · FY2024 Q1
Revenue declined from the preceding quarter but rose compared to the same period last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.2B
Revenue reported for this quarter.
Quarter-over-quarter
-1.6%
Change from the immediately preceding quarter.
Year-over-year
+11.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$32.2B
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 |
|---|---|---|
| Jul 31, 2022 | $7.7B | +21.8% |
| Oct 31, 2022 | $7.8B | +14.2% |
| Jan 31, 2023 | $8.4B | +14.4% |
| Apr 30, 2023 | $8.2B | +11.3% |
Revenue performance
The reported revenue decreased sequentially, reflecting a reversal from the prior quarter's level.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was lower; however, it was higher than the same quarter one year earlier.
What to watch
Monitor whether revenue growth can sustain amid the sequential decline and ongoing macroeconomic uncertainties noted in the filing.