10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
SALESFORCE, INC. | |||
Ticker: CRM Fiscal Year: 2018 | |||
Condensed Consolidated Statements of Operations | |||
Period Ending Jan 31, 2019 10-K (Filed: Mar 8, 2019) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 31, 2019 | Jan 31, 2018 | Jan 31, 2017 | |
| Revenues: | |||
| Total revenues | $ 13,282 | 10,540 | 8,437 |
| Cost of revenues: | |||
| Total cost of revenues | 3,451 | 2,773 [1] | 2,234 |
| Gross profit | 9,831 | 7,767 | 6,203 |
| Operating expenses: | |||
| Research and development | 1,886 | 1,553 | 1,208 |
| Marketing and sales | 6,064 | 4,671 | 3,811 |
| General and administrative | 1,346 | 1,089 | 966 |
| Total operating expenses | 9,296 | 7,313 | 5,985 |
| Income from operations | 535 | 454 | 218 |
| Investment income | 57 | 36 | 27 |
| Interest expense | (154) | (87) | (89) |
| Gains on strategic investments, net | 542 | 19 | 31 |
| Other income (expense) | 3 | (2) | (8) |
| Income before benefit from (provision for) income taxes | 983 | 420 | 179 |
| Benefit from (provision for) income taxes (3) | 127 [2] | (60) | 144 |
| Net income | 1,110 | 360 | 323 |
| Basic net income per share (in dollars per share) | 1.48 | 0.50 | 0.47 |
| Diluted net income per share (in dollars per share) | 1.43 | 0.49 | 0.46 |
| Shares used in computing basic net income per share (in shares) | 751 | 715 | 688 |
| Shares used in computing diluted net income per share (in shares) | 775 | 735 | 700 |
| Product and Service | |||
| Subscription and support | |||
| Total revenues | 12,413 | 9,766 | 7,799 |
| Total cost of revenues | 2,604 | 2,033 | 1,617 |
| Professional services and other | |||
| Total revenues | 869 | 774 | 638 |
| Total cost of revenues | 847 | 740 | 617 |
| [1] Amounts include amortization of intangible assets acquired through business combinations, as follows: Fiscal Year Ended January 31, 2019 2018 2017Cost of revenues$215 $166 $128Marketing and sales232 121 98 | Amounts include stock-based expense, as follows: Fiscal Year Ended January 31, 2019 2018 2017Cost of revenues$161 $130 $107Research and development307 260 188Marketing and sales643 469 389General and administrative172 138 136 | |||
| [2] Amounts include a benefit related to the partial release of the valuation allowance of $612 million, $2 million and $226 million for fiscal 2019, 2018 and 2017, respectively | |||
| External Links | |
| SALESFORCE, INC. (CRM) Fiscal Year 2018 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |