Salesforce, Inc.
Business
Salesforce, Inc. is a global leader in customer relationship management technology providing an AI-powered, unified cloud platform called Agentforce 360 that spans sales, service, marketing, commerce, collaboration, data management, integration, and analytics. Core offerings include Agentforce Sales, Service, Marketing, and Commerce; Slack (conversational interface); Data 360 (data engine); and Informatica (data management platform acquired in fiscal 2026). The company sells primarily on a subscription basis through direct sales and indirect channels to businesses worldwide, enabling third-party developers to build applications and agents on its platform.
Summary from 10-K filed 2026-03-02
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2026 2026-01-31 | FY 2025 2025-01-31 | FY 2024 2024-01-31 | FY 2023 2023-01-31 | FY 2022 2022-01-31 |
|---|---|---|---|---|---|---|
| Total revenues | 41,525 | 37,895 | 34,857 | 31,352 | 26,492 | |
| Total cost of revenues | 9,270 | 8,643 | 8,541 | 8,360 | 7,026 | |
| Gross profit | 32,255 | 29,252 | 26,316 | 22,992 | 19,466 | |
| Research and development | 5,993 | 5,493 | 4,906 | 5,055 | 4,465 | |
| Sales and marketing | 14,345 | 13,257 | 12,877 | 13,526 | 11,855 | |
| General and administrative | 3,000 | 2,836 | 2,534 | 2,553 | 2,598 | |
| Restructuring | 586 | 461 | 988 | 828 | 0 | |
| Total operating expenses | 23,924 | 22,047 | 21,305 | 21,962 | 18,918 | |
| Income from operations | 8,331 | 7,205 | 5,011 | 1,030 | 548 | |
| Gains (losses) on strategic investments, net | 1,017 | −121 | −277 | −239 | 1,211 | |
| Other income | 172 | 354 | 216 | −131 | −227 | |
| Income before provision for income taxes | 9,520 | 7,438 | 4,950 | 660 | 1,532 | |
| Provision for income taxes | −2,063 | −1,241 | −814 | −452 | −88 | |
| Net income | 7,457 | 6,197 | 4,136 | 208 | 1,444 | |
| Basic net income per share (in dollars per share) | 7.85 | 6.44 | 4.25 | 0.21 | 1.51 | |
| Diluted net income per share (in dollars per share) | 7.8 | 6.36 | 4.2 | 0.21 | 1.48 | |
| Shares used in computing basic net income per share (in shares) | 950 | 962 | 974 | 992 | 955 | |
| Shares used in computing diluted net income per share (in shares) | 956 | 974 | 984 | 997 | 974 |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-01-31 | FY 2025 2025-01-31 | FY 2024 2024-01-31 | FY 2023 2023-01-31 | FY 2022 2022-01-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 7,327 | 8,848 | 8,472 | 7,016 | 5,464 | |
| Marketable securities | 2,238 | 5,184 | 5,722 | 5,492 | 5,073 | |
| Accounts receivable, net | 14,339 | 11,945 | 11,414 | 10,755 | 9,739 | |
| Costs capitalized to obtain revenue contracts, net | 2,075 | 1,971 | 1,905 | 1,776 | 1,454 | |
| Prepaid expenses and other current assets | 2,243 | 1,779 | 1,561 | 1,356 | 1,120 | |
| Total current assets | 28,222 | 29,727 | 29,074 | 26,395 | 22,850 | |
| Property and equipment, net | 3,120 | 3,236 | 3,689 | 3,702 | 2,815 | |
| Operating lease right-of-use assets, net | 2,003 | 2,157 | 2,366 | 2,890 | 2,880 | |
| Noncurrent costs capitalized to obtain revenue contracts, net | 2,985 | 2,475 | 2,515 | 2,697 | 2,342 | |
| Strategic investments | 7,591 | 4,852 | 4,848 | 4,672 | 4,784 | |
| Goodwill | 57,941 | 51,283 | 48,620 | 48,568 | 47,937 | |
| Intangible assets acquired through business combinations, net | 6,815 | 4,428 | 5,278 | 7,125 | 8,978 | |
| Deferred tax assets and other assets, net | 3,628 | 4,770 | 3,433 | 2,800 | 2,623 | |
| Total assets | 112,305 | 102,928 | 99,823 | 98,849 | 95,209 | |
| Accounts payable, accrued expenses and other liabilities | 8,253 | 6,658 | 6,111 | 6,743 | 5,470 | |
| Operating lease liabilities, current | 548 | 579 | 518 | 590 | 686 | |
| Unearned revenue | 24,317 | 20,743 | 19,003 | 17,376 | 15,628 | |
| Debt, current | 4,000 | 0 | 999 | 1,182 | 4 | |
| Total current liabilities | 37,118 | 27,980 | 26,631 | 25,891 | 21,788 | |
| Noncurrent debt | 10,439 | 8,433 | 8,427 | 9,419 | 10,592 | |
| Noncurrent operating lease liabilities | 2,189 | 2,380 | 2,644 | 2,897 | 2,703 | |
| Other noncurrent liabilities | 3,417 | 2,962 | 2,475 | 2,283 | 1,995 | |
| Total liabilities | 53,163 | 41,755 | 40,177 | 40,490 | 37,078 | |
| Commitments and contingencies (See Notes 6 and 14) | — | — | — | — | — | |
| Preferred stock, $0.001 par value; 5 shares authorized and none issued and outstanding | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.001 par value; 1,600 shares authorized, 1,073 and 1,056 shares issued as of January 31, 2026 and 2025, respectively, and 929 and 962 shares outstanding as of January 31, 2026 and 2025, respectively | 1 | 1 | 1 | 1 | 1 | |
| Treasury stock, at cost | −32,228 | −19,507 | −11,692 | −4,000 | 0 | |
| Additional paid-in capital | 68,835 | 64,576 | 59,841 | 55,047 | 50,919 | |
| Accumulated other comprehensive income (loss) | 313 | −266 | −225 | −274 | −166 | |
| Retained earnings | 22,221 | 16,369 | 11,721 | 7,585 | 7,377 | |
| Total stockholders equity | 59,142 | 61,173 | 59,646 | 58,359 | 58,131 | |
| Total liabilities and stockholders equity | 112,305 | 102,928 | 99,823 | 98,849 | 95,209 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2026 2026-01-31 | FY 2025 2025-01-31 | FY 2024 2024-01-31 | FY 2023 2023-01-31 | FY 2022 2022-01-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 3,631 | 3,477 | 3,959 | 3,786 | 3,298 | |
| Amortization of costs capitalized to obtain revenue contracts, net | 2,197 | 2,095 | 1,925 | 1,668 | 1,348 | |
| Accounts receivable, net | −2,160 | −490 | −659 | −995 | −1,824 | |
| Costs capitalized to obtain revenue contracts, net | −2,811 | −2,121 | −1,872 | −2,345 | −2,283 | |
| Prepaid expenses and other current assets and other assets | 819 | −1,495 | −843 | −302 | 114 | |
| Accounts payable and accrued expenses and other liabilities | 1,014 | 1,089 | −478 | 528 | 507 | |
| Operating lease liabilities | −567 | −548 | −621 | −699 | −801 | |
| Unearned revenue | 2,924 | 1,584 | 1,623 | 1,744 | 2,629 | |
| Net cash provided by operating activities | 14,996 | 13,092 | 10,234 | 7,111 | 6,000 | |
| Business combinations, net of cash acquired | −9,268 | −2,734 | −82 | −439 | −14,876 | |
| Purchases of strategic investments | −1,958 | −539 | −496 | −550 | −1,718 | |
| Sales of strategic investments | 184 | 126 | 108 | 355 | 2,201 | |
| Purchases of marketable securities | −3,763 | −6,879 | −3,761 | −4,777 | −5,674 | |
| Sales of marketable securities | 4,414 | 4,143 | 1,511 | 1,771 | 4,179 | |
| Maturities of marketable securities | 2,395 | 3,378 | 2,129 | 2,449 | 2,069 | |
| Capital expenditures | −594 | −658 | −736 | −798 | −717 | |
| Net cash used in investing activities | −8,590 | −3,163 | −1,327 | −1,989 | −14,536 | |
| Proceeds from issuance of debt, net of issuance costs | 6,000 | 0 | 0 | 0 | 7,906 | |
| Repurchases of common stock | −12,596 | −7,829 | −7,620 | −4,000 | 0 | |
| Payments for taxes related to net share settlement of equity awards | −351 | 0 | 0 | — | — | |
| Proceeds from employee stock plans | 1,039 | 1,540 | 1,954 | 861 | 1,289 | |
| Principal payments on financing obligations | −584 | −603 | −629 | −419 | −156 | |
| Repayments of debt | 0 | −1,000 | −1,182 | −4 | −4 | |
| Payments of dividends and dividend equivalents | −1,587 | −1,537 | 0 | 0 | — | |
| Net cash used in financing activities | −8,079 | −9,429 | −7,477 | −3,562 | 7,838 | |
| Effect of exchange rate changes | 152 | −124 | 26 | −8 | −33 | |
| Net increase (decrease) in cash and cash equivalents | −1,521 | 376 | 1,456 | 1,552 | −731 | |
| Interest | 276 | 233 | 254 | 275 | 187 | |
| Income taxes, net of tax refunds | 1,282 | 2,061 | 1,027 | 510 | 196 |
Filings
Material Events
Insiders
Institutional Holders
Holdings (13F)
Portfolio as of 2026-01-14 · 5 positions
Top sectors
| Sector | Value | % of portfolio |
|---|---|---|
| Uncategorized | $222.22M | 100.0% |
Top holdings
| Issuer | Ticker | Shares | Value | % |
|---|---|---|---|---|
| NCINO INC | — | 2.09M | $85.78M | 38.6% |
| MONDAYCOM LTD | — | 483.9K | $76.48M | 34.4% |
| ROBINHOOD MKTS INC | — | 3.84M | $51.92M | 23.4% |
| BLEND LABS INC | — | 1.33M | $7.57M | 3.4% |
| CYNGN, INC | — | 316.6K | $462.0K | 0.2% |
Frequently asked questions
What is Salesforce, Inc.'s CIK number?
Salesforce, Inc.'s SEC CIK number is 0001108524 (1108524). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Salesforce, Inc.'s SEC filings?
All of Salesforce, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Salesforce, Inc. last report earnings?
Salesforce, Inc. (CRM) most recently filed an earnings 8-K with the SEC on May 27, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001108524-26-000125). This is Salesforce, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Salesforce, Inc.'s most recent earnings 8-K?
Salesforce, Inc.'s latest earnings 8-K (Item 2.02) was filed May 27, 2026 under accession 0001108524-26-000125. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Salesforce, Inc.'s latest earnings 8-K →
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