Salesforce (CRM) Revenue — Quarter Ended Jul 31, 2023
Salesforce's revenue increased in the quarter, marking a positive performance. The growth was evident both sequentially and compared with the same period a year earlier.
Key takeaway
Quarter ended Jul 31, 2023 · FY2024 Q2
Salesforce's revenue increased in the quarter, marking a positive performance. The growth was evident both sequentially and compared with the same period a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.6B
Revenue reported for this quarter.
Quarter-over-quarter
+4.3%
Change from the immediately preceding quarter.
Year-over-year
+11.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$33.1B
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 |
|---|---|---|
| Oct 31, 2022 | $7.8B | +14.2% |
| Jan 31, 2023 | $8.4B | +14.4% |
| Apr 30, 2023 | $8.2B | +11.3% |
| Jul 31, 2023 | $8.6B | +11.4% |
Revenue performance
Revenue rose during the quarter, reflecting continued business expansion.
Quarterly comparison
Compared with the immediately preceding quarter, revenue improved. Compared with the same quarter one year earlier, revenue also grew.
What to watch
Monitor the potential risks to operating cash flow highlighted in the filing.