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Salesforce Guides Up

September 23, 2021

Salesforce revised its Fiscal Year 2022 revenue guidance and initiation of Fiscal Year 2023 guidance as of Sept. 23, 2021.

The firm raised its revenue forecast for the current fiscal year and provided an outlook for next year that topped estimates. Specifically, Salesforce sees revenue at $31.65 billion to $31.80 billion topping the $31.47 billion expectation.

Raises FY22 revenue guidance to a range of $26.25 billion to $26.35 billion.

Initiates FY23 revenue guidance of $31.65 billion to $31.80 billion.

Initiates FY23 GAAP operating margin guidance of 3.0% to 3.5% and non-GAAP operating margin guidance of 20.0%.

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