Salesforce (CRM) Interest Expenses (2009 - 2023)
Salesforce posted quarterly Interest Expenses of $10.0 million for Q1 2023, down 81.82% year-on-year from $55.0 million in Q1 2022, and up 25.0% on a QoQ basis from $8.0 million in Q4 2022.
Salesforce (CRM) has 15 years of Interest Expenses data on file, last reported at $10.0 million in Q1 2023.
- For the quarter ending Q1 2023, Interest Expenses fell 81.82% year-over-year to $10.0 million; the trailing twelve-month figure through Oct 2023 stood at $10.0 million (down 94.32% YoY), and the FY2023 full-year result was $131.0 million, down 42.29% from the prior year.
- Interest Expenses for Q1 2023 stood at $10.0 million, up from $8.0 million in the prior quarter.
- Across five years, Interest Expenses topped out at $102.0 million in Q4 2021 and bottomed at -$1.0 million in Q1 2020.
- The 5-year median for Interest Expenses is $28.0 million (2021), against an average of $31.3 million.
- The widest annual swing landed in 2020, when Interest Expenses sank 102.44%; it then soared 2900.0% in 2021.
- A 5-year view of Interest Expenses shows it stood at $7.0 million in 2019, then surged by 42.86% to $10.0 million in 2020, then soared by 920.0% to $102.0 million in 2021, then plunged by 92.16% to $8.0 million in 2022, then grew by 25.0% to $10.0 million in 2023.
- The last three Interest Expenses figures came in at $10.0 million (Q1 2023), $8.0 million (Q4 2022), and $57.0 million (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -341.86 Mn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | - |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 108.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | - |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | - |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 31.61 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 63.00 Mn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 78.70 Mn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 70.00 Mn |
| 10 | Datadog | 78.54 Bn | 73.78 Bn | 797.20 Mn | 3.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2023 | 10.00 Mn |
| Jan 31, 2023 | 10.00 Mn |
| Oct 31, 2022 | 8.00 Mn |
| Oct 31, 2022 | 8.00 Mn |
| Jul 31, 2022 | 57.00 Mn |
| Jul 31, 2022 | 57.00 Mn |
| Apr 30, 2022 | 56.00 Mn |
| Apr 30, 2022 | 56.00 Mn |
| Jan 31, 2022 | 55.00 Mn |
| Jan 31, 2022 | 55.00 Mn |
| Oct 31, 2021 | 102.00 Mn |
| Oct 31, 2021 | 102.00 Mn |
| Jul 31, 2021 | 32.00 Mn |
| Jul 31, 2021 | 32.00 Mn |
| Apr 30, 2021 | 38.00 Mn |
| Apr 30, 2021 | 38.00 Mn |
| Jan 31, 2021 | 28.00 Mn |
| Jan 31, 2021 | 28.00 Mn |
| Oct 31, 2020 | 10.00 Mn |
| Oct 31, 2020 | 10.00 Mn |
| Jul 31, 2020 | 21.00 Mn |
| Jul 31, 2020 | 21.00 Mn |
| Apr 30, 2020 | 5.00 Mn |
| Apr 30, 2020 | 5.00 Mn |
| Jan 31, 2020 | -1.00 Mn |
| Jan 31, 2020 | -1.00 Mn |
| Oct 31, 2019 | 7.00 Mn |
| Oct 31, 2019 | 7.00 Mn |
| Jan 31, 2019 | 41.00 Mn |
| Jan 31, 2019 | 41.00 Mn |
| Oct 31, 2018 | 40.00 Mn |
| Oct 31, 2018 | 40.00 Mn |
| Jul 31, 2018 | 39.00 Mn |
| Jul 31, 2018 | 39.00 Mn |
| Apr 30, 2018 | 34.00 Mn |
| Apr 30, 2018 | 34.00 Mn |
| Jan 31, 2018 | 22.00 Mn |
| Jan 31, 2018 | 22.00 Mn |
| Oct 31, 2017 | 21.00 Mn |
| Oct 31, 2017 | 21.00 Mn |
| Jul 31, 2017 | 22.00 Mn |
| Jul 31, 2017 | 22.00 Mn |
| Apr 30, 2017 | 22.00 Mn |
| Apr 30, 2017 | 22.00 Mn |
| Jan 31, 2017 | 24.34 Mn |
| Jan 31, 2017 | 24.34 Mn |
| Oct 31, 2016 | 21.95 Mn |
| Oct 31, 2016 | 21.95 Mn |
| Jul 31, 2016 | 20.71 Mn |
| Jul 31, 2016 | 20.71 Mn |
| Apr 30, 2016 | 22.01 Mn |
| Apr 30, 2016 | 22.01 Mn |
| Jan 31, 2016 | 19.47 Mn |
| Jan 31, 2016 | 19.47 Mn |
| Oct 31, 2015 | 18.25 Mn |
| Oct 31, 2015 | 18.25 Mn |
| Jul 31, 2015 | 18.10 Mn |
| Jul 31, 2015 | 18.10 Mn |
| Apr 30, 2015 | 918,000.00 |
| Apr 30, 2015 | 918,000.00 |
| Jan 31, 2015 | 16.88 Mn |
| Jan 31, 2015 | 16.88 Mn |
| Oct 31, 2014 | 17.68 Mn |
| Oct 31, 2014 | 17.68 Mn |
| Jul 31, 2014 | 18.31 Mn |
| Jul 31, 2014 | 18.31 Mn |
| Apr 30, 2014 | 10.85 Mn |
| Apr 30, 2014 | 10.85 Mn |
| Jan 31, 2014 | 70.37 Mn |
| Jan 31, 2014 | 70.37 Mn |
| Oct 31, 2013 | 22.93 Mn |
| Oct 31, 2013 | 22.93 Mn |
| Jul 31, 2013 | 19.66 Mn |
| Jul 31, 2013 | 19.66 Mn |
| Apr 30, 2013 | 11.88 Mn |
| Apr 30, 2013 | 11.88 Mn |
| Jan 31, 2013 | 8.36 Mn |
| Jan 31, 2013 | 8.36 Mn |
| Oct 31, 2012 | 8.19 Mn |
| Oct 31, 2012 | 8.19 Mn |
| Jul 31, 2012 | 8.03 Mn |
| Jul 31, 2012 | 8.03 Mn |
| Apr 30, 2012 | 6.37 Mn |
| Apr 30, 2012 | 6.37 Mn |
| Jan 31, 2012 | 5.67 Mn |
| Jan 31, 2012 | 5.67 Mn |
| Oct 31, 2011 | 3.86 Mn |
| Oct 31, 2011 | 3.86 Mn |
| Jul 31, 2011 | 3.85 Mn |
| Jul 31, 2011 | 3.85 Mn |
| Apr 30, 2011 | 3.67 Mn |
| Apr 30, 2011 | 3.67 Mn |
| Jan 31, 2011 | 3.29 Mn |
| Jan 31, 2011 | 3.29 Mn |
| Oct 31, 2010 | 7.37 Mn |
| Oct 31, 2010 | 7.37 Mn |
| Jul 31, 2010 | 7.19 Mn |
| Jul 31, 2010 | 7.19 Mn |
| Apr 30, 2010 | 7.06 Mn |
| Apr 30, 2010 | 7.06 Mn |
| Jan 31, 2010 | 1.21 Mn |
| Jan 31, 2010 | 1.21 Mn |
| Oct 31, 2009 | 292,000.00 |
| Oct 31, 2009 | 292,000.00 |
| Jul 31, 2009 | 293,000.00 |
| Jul 31, 2009 | 293,000.00 |
| Apr 30, 2009 | 208,000.00 |
| Apr 30, 2009 | 208,000.00 |
| Jan 31, 2009 | 17.38 Mn |
| Jan 31, 2009 | 17.38 Mn |