Salesforce (CRM) Net Margin (2009 - 2026)
Salesforce (CRM) reported Net Margin of 18.74% for Q2 2026, up 306.0% on a YoY basis from 4.62% in Q2 2025, and up 7.24% quarter-over-quarter from 17.47% in Q1 2026.
Salesforce (CRM) Net Margin (2009 - 2026) Analysis & Trends
Salesforce has reported Net Margin for 18 years, with the latest figure at 18.74% in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 306.0% year-over-year to 18.74%; the trailing twelve-month figure through Apr 2026 stood at 18.72% (up 277.0% YoY), and the FY2026 full-year result was 17.96%, up 160.0% from the prior year.
- Net Margin for Q2 2026 stood at 18.74%, up from 17.47% in the prior quarter.
- The five-year high for Net Margin was 20.33% in Q4 2025, with the low at 158.11% in Q1 2022.
- Historically, Net Margin has averaged 2.61% across 5 years, with a median of 15.47% in 2024.
- Annual changes were most pronounced in 2022 — Net Margin plunged 16278 bps — and 2023, when it jumped 15694 bps.
- Salesforce's Net Margin stood at 2.68% in 2022, then jumped by 424 bps to 14.04% in 2023, then climbed by 15 bps to 16.17% in 2024, then advanced by 26 bps to 20.33% in 2025, then fell by 8 bps to 18.74% in 2026.
- The last three Net Margin figures came in at 18.74% (Q2 2026), 17.47% (Q1 2026), and 20.33% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -18.33% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 18.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 22.77% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 12.44% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 22.90% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 25.87% |
| 10 | Snowflake | 82.57 Bn | 79.61 Bn | 926.45 Mn | -21.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 18.74% |
| Jan 31, 2026 | 17.47% |
| Oct 31, 2025 | 20.33% |
| Jul 31, 2025 | 18.43% |
| Apr 30, 2025 | 15.68% |
| Jan 31, 2025 | 16.59% |
| Oct 31, 2024 | 16.17% |
| Jul 31, 2024 | 15.32% |
| Apr 30, 2024 | 16.79% |
| Jan 31, 2024 | 15.62% |
| Oct 31, 2023 | 14.04% |
| Jul 31, 2023 | 14.73% |
| Apr 30, 2023 | 2.41% |
| Jan 31, 2023 | -1.17% |
| Oct 31, 2022 | 2.68% |
| Jul 31, 2022 | 0.88% |
| Apr 30, 2022 | 0.38% |
| Jan 31, 2022 | -158.11% |
| Oct 31, 2021 | 6.82% |
| Jul 31, 2021 | 8.44% |