Also trades as: FOO.DE (XETRA) · $vol 2M · CRM.NE (NEO) · $vol 1M · CRM.BA (BUE) · $vol 0M · FOO.F (FSX) · $vol 0M

$180.07

+3.76 (+2.13%)

Weekly Expected Move ±6.9%

$150 $162 $174 $186 $198

NYSE · Technology · Software - Application · Alpha Radar Sell · Power 48 · $171.1B mcap · 894M float · 1.52% daily turnover · Short 46% of daily vol

Revenue

$41.5B +9.6% ▲

5Y CAGR: +14.3%

Gross Profit

$32.3B +10.3% ▲

5Y CAGR: +15.3%

Operating Income

$8.9B +23.8% ▲

5Y CAGR: +81.3%

Net Income

$7.5B +20.3% ▲

5Y CAGR: +12.9%

EPS (Diluted)

$7.80 +22.6% ▲

5Y CAGR: +12.2%

EBITDA

$13.2B +18.0% ▲

5Y CAGR: +31.8%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$26.5B	$31.4B	$34.9B	$37.9B	$41.5B
YoY Growth	+24.7%	+18.3%	+11.2%	+8.7%	+9.6%
Cost of Revenue	$7.0B	$8.4B	$8.5B	$8.6B	$9.3B
Gross Profit	$19.5B	$23.0B	$26.3B	$29.3B	$32.3B
Gross Margin	73.5%	73.3%	75.5%	77.2%	77.7%
R&D Expenses	$4.5B	$5.1B	$4.9B	$5.5B	$6.0B
SG&A Expenses	$14.5B	$16.1B	$15.4B	$16.1B	$17.3B
Operating Expenses	$18.9B	$22.0B	$21.3B	$22.0B	$23.3B
Operating Income	$548M	$1.0B	$5.0B	$7.2B	$8.9B
Operating Margin	2.1%	3.3%	14.4%	19.0%	21.5%
Interest Expense	$0	$0	$0	$272M	$0
Income Before Tax	$1.5B	$660M	$5.0B	$7.4B	$9.5B
Tax Expense	$88M	$452M	$814M	$1.2B	$2.1B
Net Income	$1.4B	$208M	$4.1B	$6.2B	$7.5B
Net Margin	5.5%	0.7%	11.9%	16.4%	18.0%
EPS (Diluted)	$1.48	$0.21	$4.20	$6.36	$7.80
EBITDA	$3.8B	$5.6B	$9.2B	$11.1B	$13.2B
Shares Outstanding	974M	997M	984M	974M	956M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$8.7B	$9.3B	$9.1B	$9.3B	$9.4B	$10.0B	$9.8B	$10.2B
Cost of Revenue	$2.2B	$2.1B	$2.2B	$2.2B	$2.1B	$2.2B	$2.3B	$2.2B
Gross Profit	$6.6B	$7.1B	$7.0B	$7.2B	$7.3B	$7.8B	$7.6B	$8.0B
Gross Margin	75.3%	76.9%	76.3%	76.8%	77.7%	77.8%	77.0%	78.1%
R&D Expenses	$1.2B	$1.3B	$1.4B	$1.3B	$1.4B	$1.4B	$1.5B	$1.5B
SG&A Expenses	$3.8B	$4.1B	$3.9B	$3.9B	$4.0B	$4.2B	$4.1B	$4.2B
Operating Expenses	$5.1B	$5.5B	$5.3B	$5.4B	$5.4B	$6.0B	$5.6B	$5.7B
Operating Income	$1.5B	$1.6B	$1.7B	$1.8B	$1.9B	$1.8B	$1.9B	$2.3B
Operating Margin	17.2%	17.5%	18.7%	19.1%	20.0%	18.2%	19.8%	22.8%
Interest Expense	$70M	$0	$0	$68M	$67M	$68M	$68M	$67M
Income Before Tax	$1.5B	$1.6B	$1.9B	$1.8B	$1.7B	$2.0B	$2.0B	$2.4B
Tax Expense	$263M	$199M	$334M	$408M	$219M	$280M	$433M	$519M
Net Income	$1.2B	$1.4B	$1.5B	$1.4B	$1.5B	$1.7B	$1.5B	$1.9B
Net Margin	14.0%	15.6%	16.8%	15.3%	16.2%	17.1%	15.7%	18.4%
EPS (Diluted)	$1.25	$1.47	$1.56	$1.47	$1.58	$1.75	$1.59	$1.96
EBITDA	$2.4B	$2.8B	$2.6B	$2.8B	$2.8B	$3.0B	$2.7B	$3.2B
Shares Outstanding	981M	983M	985M	973M	975M	974M	970M	962M

CRM NYSE