Salesforce Announces Record Fourth Quarter and Full Year Fiscal 2019 Results
• Fourth Quarter Revenue of $3.60 Billion, up 26% Year-Over-Year, 27% in Constant Currency
• Full Year Revenue of $13.28 Billion, up 26% Year-Over-Year, 26% in Constant Currency
• Unearned Revenue of $8.56 Billion, up 22% Year-Over-Year, 24% in Constant Currency
• Remaining Performance Obligation of Approximately $25.7 Billion, up 25% Year-Over-Year
• Fourth Quarter Operating Cash Flow of $1.33 Billion, up 27% Year-Over-Year
• Full Year Operating Cash Flow of $3.40 Billion, up 24% Year-Over-Year
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"We had another year of outstanding revenue growth, surpassing $13 billion in revenue faster than any other enterprise software company in history," said Marc Benioff, chairman and co-CEO, Salesforce. "As companies of all sizes turn to Salesforce, we're enabling them to put the customer at the center of their digital transformation through our intelligent Customer 360 platform. I've never been more excited about the opportunity ahead."
“Our relentless focus on delivering innovation and customer success has fueled our growth and solidified our leadership in the enterprise,” said Keith Block, co-CEO, Salesforce. “This is just the beginning, which is why we're now targeting $26 to $28 billion in revenue by FY23 – organically doubling our revenue again in the next
four years.” |
