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Side-by-side financial comparison of Salesforce (CRM) and WORKIVA INC (WK). Click either name above to swap in a different company.
Salesforce is the larger business by last-quarter revenue ($10.3B vs $238.9M, roughly 42.9× WORKIVA INC). Salesforce runs the higher net margin — 20.3% vs 4.9%, a 15.4% gap on every dollar of revenue. On growth, WORKIVA INC posted the faster year-over-year revenue change (19.5% vs 8.6%). Salesforce produced more free cash flow last quarter ($2.2B vs $50.7M). Over the past eight quarters, WORKIVA INC's revenue compounded faster (16.6% CAGR vs 5.1%).
Salesforce, Inc., is an American cloud-based software company headquartered in San Francisco, California. It provides applications focused on sales, customer service, marketing automation, e-commerce, analytics, artificial intelligence, agentic AI, and application development.
Workiva, Inc. is a global software-as-a-service (SaaS) company. It provides a cloud-based connected and reporting compliance platform that enables the use of connected data and automation of reporting across finance, accounting, risk, and compliance.
CRM vs WK — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $10.3B | $238.9M |
| Net Profit | $2.1B | $11.8M |
| Gross Margin | 78.0% | 80.7% |
| Operating Margin | 21.3% | 3.3% |
| Net Margin | 20.3% | 4.9% |
| Revenue YoY | 8.6% | 19.5% |
| Net Profit YoY | 36.6% | 234.0% |
| EPS (diluted) | $2.19 | $0.21 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $10.3B | $238.9M | ||
| Q3 25 | $10.2B | $224.2M | ||
| Q2 25 | $9.8B | $215.2M | ||
| Q1 25 | $10.0B | $206.3M | ||
| Q4 24 | $9.4B | $199.9M | ||
| Q3 24 | $9.3B | $185.6M | ||
| Q2 24 | $9.1B | $177.5M | ||
| Q1 24 | $9.3B | $175.7M |
| Q4 25 | $2.1B | $11.8M | ||
| Q3 25 | $1.9B | $2.8M | ||
| Q2 25 | $1.5B | $-19.4M | ||
| Q1 25 | $1.7B | $-21.4M | ||
| Q4 24 | $1.5B | $-8.8M | ||
| Q3 24 | $1.4B | $-17.0M | ||
| Q2 24 | $1.5B | $-17.5M | ||
| Q1 24 | $1.4B | $-11.7M |
| Q4 25 | 78.0% | 80.7% | ||
| Q3 25 | 78.1% | 79.3% | ||
| Q2 25 | 77.0% | 77.0% | ||
| Q1 25 | 77.8% | 76.6% | ||
| Q4 24 | 77.7% | 77.1% | ||
| Q3 24 | 76.8% | 76.5% | ||
| Q2 24 | 76.3% | 76.8% | ||
| Q1 24 | 76.9% | 76.4% |
| Q4 25 | 21.3% | 3.3% | ||
| Q3 25 | 22.8% | -1.5% | ||
| Q2 25 | 19.8% | -10.3% | ||
| Q1 25 | 18.2% | -12.0% | ||
| Q4 24 | 20.0% | -6.7% | ||
| Q3 24 | 19.1% | -11.7% | ||
| Q2 24 | 18.7% | -13.0% | ||
| Q1 24 | 17.5% | -10.4% |
| Q4 25 | 20.3% | 4.9% | ||
| Q3 25 | 18.4% | 1.2% | ||
| Q2 25 | 15.7% | -9.0% | ||
| Q1 25 | 17.1% | -10.4% | ||
| Q4 24 | 16.2% | -4.4% | ||
| Q3 24 | 15.3% | -9.2% | ||
| Q2 24 | 16.8% | -9.9% | ||
| Q1 24 | 15.6% | -6.7% |
| Q4 25 | $2.19 | $0.21 | ||
| Q3 25 | $1.96 | $0.05 | ||
| Q2 25 | $1.59 | $-0.35 | ||
| Q1 25 | $1.75 | $-0.38 | ||
| Q4 24 | $1.58 | $-0.15 | ||
| Q3 24 | $1.47 | $-0.31 | ||
| Q2 24 | $1.56 | $-0.32 | ||
| Q1 24 | $1.47 | $-0.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $9.0B | $338.8M |
| Total DebtLower is stronger | $8.4B | — |
| Stockholders' EquityBook value | $60.0B | $-5.4M |
| Total Assets | $95.1B | $1.5B |
| Debt / EquityLower = less leverage | 0.14× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $9.0B | $338.8M | ||
| Q3 25 | $10.4B | $315.9M | ||
| Q2 25 | $10.9B | $284.3M | ||
| Q1 25 | $8.8B | $242.0M | ||
| Q4 24 | $8.0B | $301.8M | ||
| Q3 24 | $7.7B | $248.2M | ||
| Q2 24 | $10.0B | $267.9M | ||
| Q1 24 | $8.5B | $296.1M |
| Q4 25 | $8.4B | — | ||
| Q3 25 | $8.4B | — | ||
| Q2 25 | $8.4B | — | ||
| Q1 25 | $8.4B | — | ||
| Q4 24 | $8.4B | — | ||
| Q3 24 | $8.4B | — | ||
| Q2 24 | $9.4B | — | ||
| Q1 24 | $9.4B | — |
| Q4 25 | $60.0B | $-5.4M | ||
| Q3 25 | $61.3B | $-36.9M | ||
| Q2 25 | $60.7B | $-66.5M | ||
| Q1 25 | $61.2B | $-75.7M | ||
| Q4 24 | $58.5B | $-41.7M | ||
| Q3 24 | $57.6B | $-50.8M | ||
| Q2 24 | $59.7B | $-77.7M | ||
| Q1 24 | $59.6B | $-83.2M |
| Q4 25 | $95.1B | $1.5B | ||
| Q3 25 | $97.6B | $1.4B | ||
| Q2 25 | $98.6B | $1.3B | ||
| Q1 25 | $102.9B | $1.3B | ||
| Q4 24 | $91.4B | $1.4B | ||
| Q3 24 | $92.2B | $1.3B | ||
| Q2 24 | $96.2B | $1.2B | ||
| Q1 24 | $99.8B | $1.2B |
| Q4 25 | 0.14× | — | ||
| Q3 25 | 0.14× | — | ||
| Q2 25 | 0.14× | — | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | 0.14× | — | ||
| Q3 24 | 0.15× | — | ||
| Q2 24 | 0.16× | — | ||
| Q1 24 | 0.16× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $2.3B | $51.0M |
| Free Cash FlowOCF − Capex | $2.2B | $50.7M |
| FCF MarginFCF / Revenue | 21.2% | 21.2% |
| Capex IntensityCapex / Revenue | 1.4% | 0.1% |
| Cash ConversionOCF / Net Profit | 1.11× | 4.31× |
| TTM Free Cash FlowTrailing 4 quarters | $12.9B | $138.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.3B | $51.0M | ||
| Q3 25 | $740.0M | $46.2M | ||
| Q2 25 | $6.5B | $50.3M | ||
| Q1 25 | $4.0B | $-7.4M | ||
| Q4 24 | $2.0B | $44.0M | ||
| Q3 24 | $892.0M | $18.9M | ||
| Q2 24 | $6.2B | $-14.0K | ||
| Q1 24 | $3.4B | $24.8M |
| Q4 25 | $2.2B | $50.7M | ||
| Q3 25 | $605.0M | $46.1M | ||
| Q2 25 | $6.3B | $49.3M | ||
| Q1 25 | $3.8B | $-8.1M | ||
| Q4 24 | $1.8B | $43.2M | ||
| Q3 24 | $755.0M | $18.7M | ||
| Q2 24 | $6.1B | $-122.0K | ||
| Q1 24 | $3.3B | $24.6M |
| Q4 25 | 21.2% | 21.2% | ||
| Q3 25 | 5.9% | 20.5% | ||
| Q2 25 | 64.1% | 22.9% | ||
| Q1 25 | 38.2% | -3.9% | ||
| Q4 24 | 18.8% | 21.6% | ||
| Q3 24 | 8.1% | 10.1% | ||
| Q2 24 | 66.6% | -0.1% | ||
| Q1 24 | 35.1% | 14.0% |
| Q4 25 | 1.4% | 0.1% | ||
| Q3 25 | 1.3% | 0.0% | ||
| Q2 25 | 1.8% | 0.5% | ||
| Q1 25 | 1.5% | 0.4% | ||
| Q4 24 | 2.2% | 0.4% | ||
| Q3 24 | 1.5% | 0.1% | ||
| Q2 24 | 1.8% | 0.1% | ||
| Q1 24 | 1.6% | 0.1% |
| Q4 25 | 1.11× | 4.31× | ||
| Q3 25 | 0.39× | 16.57× | ||
| Q2 25 | 4.20× | — | ||
| Q1 25 | 2.32× | — | ||
| Q4 24 | 1.30× | — | ||
| Q3 24 | 0.62× | — | ||
| Q2 24 | 4.08× | — | ||
| Q1 24 | 2.35× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CRM
| Agentforce Service | $2.5B | 24% |
| Agentforce Sales | $2.3B | 22% |
| Agentforce360Platform Slack And Other | $2.2B | 21% |
| Agentforce Integration And Agentforce Analytics | $1.4B | 14% |
| Agentforce Marketing And Agentforce Commerce | $1.4B | 13% |
| Professional Servicesand Other | $533.0M | 5% |
WK
| License And Service | $219.3M | 92% |
| XBRL Professional Services | $16.4M | 7% |
| Other Services | $3.2M | 1% |
