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Gross Margin
Salesforce Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | US |
Market Cap | 329.3B USD |
Gross Margin |
77%
|
Country | US |
Market Cap | 567B USD |
Gross Margin |
62%
|
Country | DE |
Market Cap | 275.7B EUR |
Gross Margin |
73%
|
Country | US |
Market Cap | 197.2B USD |
Gross Margin |
89%
|
Country | US |
Market Cap | 187.5B USD |
Gross Margin |
23%
|
Country | US |
Market Cap | 187B USD |
Gross Margin |
81%
|
Country | US |
Market Cap | 180.8B USD |
Gross Margin |
79%
|
Country | US |
Market Cap | 114.7B USD |
Gross Margin |
74%
|
Country | US |
Market Cap | 84.6B USD |
Gross Margin |
88%
|
Country | US |
Market Cap | 77.1B USD |
Gross Margin |
80%
|
Country | US |
Market Cap | 72.6B USD |
Gross Margin |
74%
|
Salesforce Inc
Glance View
In the bustling world of enterprise technology, Salesforce Inc. stands as a towering beacon of cloud computing innovation. Founded in 1999 by Marc Benioff and a team of Oracle alumni, Salesforce has transformed itself from a fledgling startup into a global leader with a signature product: its Customer Relationship Management (CRM) platform. Central to its business model is the provision of cloud-based software solutions that help businesses manage their customer interactions, streamline workflows, and drive strategic growth. Salesforce does this through a subscription-based model, offering a suite of applications that include not just customer management tools, but also services for sales, marketing automation, analytics, and application development. Revenue streams are diverse yet intricately interconnected. While the flagship CRM products are the company's bread and butter, Salesforce has expanded into other areas through acquisitions, such as Tableau for analytics and Mulesoft for application integration. This strategy not only diversifies its offerings but strengthens its ecosystem, creating a compelling value proposition for enterprises looking to embrace digital transformation. By integrating these various services, Salesforce positions itself as indispensable to the modern business landscape—a one-stop shop for companies seeking to enhance productivity and competitiveness through cutting-edge cloud technology. The company’s continuous commitment to innovation, coupled with its extensive partner network, fuels a virtuous cycle of customer retention and long-term financial growth.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Salesforce Inc's most recent financial statements, the company has Gross Margin of 76.9%.