Salesforce Announces Fourth Quarter and Fiscal Year 2023 Results

Strong Revenue Growth and Profitability

SAN FRANCISCO, March 1, 2023 - Salesforce (NYSE: CRM), the global leader in CRM, today announced results for its fourth quarter and full fiscal year ended January 31, 2023.

Q4 Highlights

* Revenue of $8.38 billion, up 14% year-over-year * Non-GAAP earnings per share of $1.21, up 21% year-over-year * Subscription and support revenue of $7.42 billion, up 15% year-over-year

Full Year Highlights

* Revenue of $30.9 billion, up 20% year-over-year * Non-GAAP earnings per share of $4.84, up 26% year-over-year * Subscription and support revenue of $26.5 billion, up 21% year-over-year

Conclusion

Salesforce continues to deliver strong financial results, driven by the increasing demand for its customer relationship management (CRM) solutions. The company's focus on innovation and customer success is enabling it to maintain its leadership position in the CRM market. As businesses continue to invest in digital transformation, Salesforce is well-positioned to continue its growth trajectory.