Salesforce (CRM) Net Margin (2009 - 2026)
Salesforce (CRM) recorded Net Margin of 31.08% in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 12.64 percentage points from 18.43% a year earlier and up 12.15 percentage points from the prior quarter.
Salesforce (CRM) Net Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Salesforce's Net Margin came in at 21.99% as of Jul 31, 2026, up 5.12 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it came in at 17.96%, up 1.60 percentage points from FY2025.
- Annual Net Margin has increased for three straight fiscal years, though with a five-year change of -1.20 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Net Margin came in at 16.35% in FY2025 (+4.49 pp), 11.87% in FY2024 (+11.20 pp), 0.66% in FY2023 (-4.79 pp) and 5.45% in FY2022 (-13.71 pp).
- The fiscal Q2 2027 figure is the highest quarterly Net Margin since fiscal Q2 2021.
- On a year-over-year basis, Net Margin has increased for five consecutive quarters, with an average year-over-year change of +3.25 percentage points over the last eight quarters.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 16.74 percentage points in fiscal Q4 2024, against a drop of 13.13 percentage points in fiscal Q3 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 18.93% (Q1 2027), 17.35% (Q4 2026) and 20.33% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 381.08 Bn | 345.91 Bn | 1.93 Bn | 48.76% |
| 2 | Oracle | 352.23 Bn | 224.36 Bn | - | 24.19% |
| 3 | Sap Se | 282.79 Bn | 210.19 Bn | 8.64 Bn | 21.90% |
| 4 | Salesforce | 184.37 Bn | 140.24 Bn | 8.70 Bn | 31.08% |
| 5 | Automatic Data Processing | 123.58 Bn | 110.37 Bn | 2.53 Bn | 20.49% |
| 6 | ServiceNow | 108.30 Bn | 87.56 Bn | 2.90 Bn | 6.75% |
| 7 | Intuit | 99.33 Bn | 78.68 Bn | 3.44 Bn | 8.34% |
| 8 | Relx | 76.31 Bn | 75.40 Bn | - | - |
| 9 | Thomson Reuters | 53.89 Bn | 49.85 Bn | - | 19.09% |
| 10 | Strategy | 53.75 Bn | 40.89 Bn | 89.63 Mn | 15,243.08% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 31.08% |
| Apr 30, 2026 | 18.93% |
| Jan 31, 2026 | 17.35% |
| Oct 31, 2025 | 20.33% |
| Jul 31, 2025 | 18.43% |
| Apr 30, 2025 | 15.68% |
| 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 | -0.38% |
| Oct 31, 2021 | 6.82% |
Salesforce Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=CRM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "CRM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=CRM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();