Salesforce, Inc. (CRM) closed fiscal year 2026 with a gross margin of 77.7 % and a net margin of 18.0 %.
Salesforce, Inc. (CRM) closed fiscal year 2026 with a gross margin of 77.7 % and a net margin of 18.0 %. The same year shows an EBITDA margin of 28.8 % and an EBIT margin of 20.1 %. The free cash flow margin was 34.7 %. Against the previous year the gross margin moved +0.5 pp and the net margin +1.6 pp. Across the period the gross margin ranges between 73.3 % in 2023 and 80.5 % in 2011. The series covers 19 fiscal years, from 2008 to 2026. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: January
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 77.08 % | 79.52 % | 80.24 % | 80.46 % | 78.43 % | 77.59 % | 76.21 % | 76.01 % | 75.18 % | 73.52 % | 73.69 % | 74.02 % | 75.23 % | 74.41 % | 73.48 % | 73.34 % | 75.50 % | 77.19 % | 77.68 % |
| EBITDA margin (%) | 5.95 % | 9.26 % | 12.90 % | 10.45 % | 5.39 % | 3.48 % | 2.05 % | 5.63 % | 9.61 % | 10.07 % | 11.75 % | 11.42 % | 14.22 % | 15.53 % | 14.52 % | 15.36 % | 25.73 % | 28.19 % | 28.81 % |
| EBIT margin (%) | 2.71 % | 5.92 % | 8.83 % | 5.88 % | -1.55 % | -3.63 % | -7.03 % | -2.71 % | 1.72 % | 2.58 % | 4.31 % | 4.03 % | 1.74 % | 2.14 % | 2.07 % | 3.29 % | 14.38 % | 19.01 % | 20.06 % |
| Net margin (%) | 2.45 % | 4.03 % | 6.18 % | 3.89 % | -0.51 % | -8.87 % | -5.70 % | -4.89 % | -0.71 % | 3.83 % | 3.42 % | 8.36 % | 0.74 % | 19.16 % | 5.45 % | 0.66 % | 11.87 % | 16.35 % | 17.96 % |
| FCF margin (%) | 21.47 % | 15.65 % | 16.96 % | 22.22 % | 19.41 % | 18.40 % | 14.16 % | 16.58 % | 20.81 % | 20.13 % | 20.91 % | 21.10 % | 21.57 % | 19.25 % | 19.94 % | 20.14 % | 27.25 % | 32.81 % | 34.68 % |