GAAP net income for the year was $1.44 billion, down from $4.07 billion one year ago. The company reported a GAAP $28 million loss for the quarter compared to net income of $267 million one year before.įor all of fiscal 2022 Salesforce reported revenue of $26.49 billion, up nearly 25 percent from $21.25 billion in fiscal 2021. 31, 2922) Salesforce reported revenue of $7.33 billion, up 26 percent from $5.82 billion in the fourth quarter of fiscal 2021.

Benioff also said he’s seeing more signs of post-pandemic life throughout the city.įor the fiscal 2022 fourth quarter (ended Jan. The co-CEO said that of the company’s current 75,000 employees, 35,000 have joined the company since the beginning of the pandemic.

We are kind of coming to another stage here and I hope we’re about to get back to a more normal world.”īenioff noted that he is seeing “significant numbers of our employees back here in the office,” referring to Salesforce’s San Francisco’s headquarters. “I believe in many ways that COVID is behind us. “We’re really turning the corner in our battle with the virus,” he said. and world is entering a “post-pandemic reality.” and, in reference to the people of Ukraine, said that “my heart is really breaking for them.”īenioff said Salesforce does not do business “of any consequence” in either Russia or Ukraine and so the current situation has had no impact on the company’s business.īenioff, however, was upbeat on developments in the COVID-19 pandemic, saying the U.S. “We’re not blind to what’s happening,” Benioff said, noting the difficulty of a call where Salesforce touted “perhaps the best quarter it has ever had in its history” while acknowledging “the grim things that are happening in the world.”īenioff noted that his great-grandfather, Isaac Benioff, was an immigrant from Kyiv, Ukraine, to the U.S. Salesforce executives reported the company’s fiscal 2022 fourth-quarter and full-year results Tuesday on a conference call with analysts where co-CEO Marc Benioff took note of the contrast between the good news of the company’s quarterly results and the “grim and uncertain times” of Russia’s invasion of Ukraine. Cloud application giant Salesforce reported a blockbuster fourth quarter to close out its fiscal 2022 with revenue growth getting a boost from customers’ digital transformation initiatives and accelerating sales of the Slack collaboration application Salesforce acquired in mid-2021.

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