Salesforce (CRM) Net Margin (2009 - 2026)
Salesforce's (CRM) quarterly Net Margin came in at 18.93% in Q2 2026, up 298.0% YoY from 4.76% in Q2 2025, and up 8.32% on a QoQ basis from 17.47% in Q1 2026.
Salesforce (CRM) Net Margin (2009 - 2026) Analysis & Trends
Salesforce (CRM) has 18 years of Net Margin data on file, last reported at 18.93% in Q2 2026.
- Quarterly Net Margin rose 298.0% year-over-year to 18.93% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 18.77% (up 262.0% YoY) and the FY2026 annual result came in at 17.96%, up 160.0% from the prior year.
- Net Margin advanced to 18.93% in Q2 2026, from 17.47% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 20.33% in Q4 2025 to a low of 158.11% in Q1 2022.
- A 5-year average of 2.66% and a median of 15.45% in 2024 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin tumbled 16217 bps — and 2023, when it jumped 15694 bps.
- Tracing CRM's Net Margin over 5 years: 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 declined by 7 bps to 18.93% in 2026.
- The last three Net Margin figures came in at 18.93% (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 | 255.48 Bn | 234.41 Bn | 16.51 Bn | 21.16% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 41.92% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 18.93% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 17.17% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 7.47% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -21.25% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 17.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 25.87% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 35.80% |
| 10 | Datadog | 91.70 Bn | 86.71 Bn | 881.34 Mn | 3.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 18.93% |
| Jan 31, 2026 | 17.47% |
| Oct 31, 2025 | 20.33% |
| Jul 31, 2025 | 18.43% |
| Apr 30, 2025 | 15.94% |
| Jan 31, 2025 | 17.09% |
| Oct 31, 2024 | 16.17% |
| Jul 31, 2024 | 15.32% |
| Apr 30, 2024 | 16.79% |
| Jan 31, 2024 | 15.57% |
| 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% |