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: 2022 | |||
Consolidated Statements of Operations | |||
Period Ending Jan 31, 2023 10-K (Filed: Mar 8, 2023) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | |
| Revenues: | |||
| Total revenues | $ 31,352 | 26,492 | 21,252 |
| Cost of revenues: | |||
| Total cost of revenues | 8,360 | 7,026 | 5,438 |
| Gross profit | 22,992 | 19,466 | 15,814 |
| Operating expenses: | |||
| Research and development | 5,055 | 4,465 | 3,598 |
| Marketing and sales | 13,526 | 11,855 | 9,674 |
| General and administrative | 2,553 | 2,598 | 2,087 |
| Restructuring (Note 10) | 828 | 0 | 0 |
| Total operating expenses | 21,962 | 18,918 | 15,359 |
| Income from operations | 1,030 | 548 | 455 |
| Gains (losses) on strategic investments, net | (239) | 1,211 | 2,170 |
| Other expense | (131) | (227) | (64) |
| Income before benefit from (provision for) income taxes | 660 | 1,532 | 2,561 |
| Benefit from (provision for) income taxes | (452) | (88) [1] | 1,511 |
| Net income | 208 | 1,444 | 4,072 |
| Basic net income per share (in dollars per share) | 0.21 | 1.51 | 4.48 |
| Diluted net income per share (in dollars per share) | 0.21 | 1.48 | 4.38 |
| Shares used in computing basic net income per share (in shares) | 992 | 955 | 908 |
| Shares used in computing diluted net income per share (in shares) | 997 | 974 | 930 |
| Product and Service | |||
| Subscription and support | |||
| Total revenues | 29,021 | 24,657 | 19,976 |
| Total cost of revenues | 5,821 | 5,059 [2] | 4,154 |
| Professional services and other | |||
| Total revenues | 2,331 | 1,835 | 1,276 |
| Total cost of revenues | 2,539 | 1,967 | 1,284 |
| [1] During fiscal 2021, the Company recorded approximately $2.0 billion of a one-time benefit from a discrete tax item related to the recognition of deferred tax assets resulting from an intra-entity transfer of intangible property. | |||
| [2] Amounts include stock-based compensation expense, as follows: Fiscal Year Ended January 31, 202320222021Cost of revenues$499 $386 $241 Research and development1,136 918 703 Marketing and sales1,256 1,104 941 General and administrative368 371 305 Restructuring 20 0 0 | Amounts include amortization of intangible assets acquired through business combinations, as follows:Fiscal Year Ended January 31,202320222021Cost of revenues$1,035 $897 $662 Marketing and sales916 727 459 | |||
| External Links | |
| SALESFORCE, INC. (CRM) Fiscal Year 2022 | |