Salesforce Inc. (CRM) financial statements: income statement, balance sheet and cash flow
Salesforce Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Jan 31, 2026 · FY), Salesforce Inc. reported revenue of $41.5B (+9.6% year on year) and net income of $7.5B (+20.3% year on year).
Income statement
Salesforce Inc. income statement, fiscal years
Line item
Jan 31, 2026 · FY
Jan 31, 2025 · FY
Jan 31, 2024 · FY
Jan 31, 2023 · FY
Total revenues
$41.5B
$37.9B
$34.9B
$31.4B
Total cost of revenues
$9.3B
$8.6B
$8.5B
$8.4B
Gross profit
$32.3B
$29.3B
$26.3B
$23.0B
Research and development
$6.0B
$5.5B
$4.9B
$5.1B
Sales and marketing
$14.3B
$13.3B
$12.9B
$13.5B
General and administrative
$3.0B
$2.8B
$2.5B
$2.6B
Restructuring
$586.0M
$461.0M
$988.0M
$828.0M
Total operating expenses
$23.9B
$22.0B
$21.3B
$22.0B
Income from operations
$8.3B
$7.2B
$5.0B
$1.0B
Gains (losses) on strategic investments, net
$1.0B
($121.0M)
($277.0M)
($239.0M)
Other income
$172.0M
$354.0M
$216.0M
—
Income before provision for income taxes
$9.5B
$7.4B
$5.0B
$660.0M
Provision for income taxes
($2.1B)
($1.2B)
($814.0M)
($452.0M)
Net income
$7.5B
$6.2B
$4.1B
$208.0M
Basic net income per share (in dollars per share)
$7.85
$6.44
$4.25
$0.21
Diluted net income per share (in dollars per share)
$7.80
$6.36
$4.20
$0.21
Shares used in computing basic net income per share (in shares)
$950000000.00
$962000000.00
$974000000.00
$992000000.00
Shares used in computing diluted net income per share (in shares)
$956000000.00
$974000000.00
$984000000.00
$997000000.00
Salesforce Inc. income statement, quarters
Line item
Jul 31, 2026 · Q2
Apr 30, 2026 · Q1
Oct 31, 2025 · Q3
Jul 31, 2025 · Q2
Total revenues
$11.3B
$11.1B
$10.3B
$10.2B
Total cost of revenues
$2.6B
$2.6B
$2.3B
$2.2B
Gross profit
$8.7B
$8.6B
$8.0B
$8.0B
Research and development
$1.7B
$1.6B
$1.4B
$1.5B
Sales and marketing
$3.9B
$3.8B
$3.5B
$3.4B
General and administrative
$725.0M
$740.0M
$667.0M
$734.0M
Restructuring
$94.0M
$80.0M
$260.0M
$4.0M
Total operating expenses
$6.4B
$6.2B
$5.8B
$5.7B
Income from operations
$2.3B
$2.3B
$2.2B
$2.3B
Interest expense
($473.0M)
($317.0M)
—
—
Gains (losses) on strategic investments, net
$2.6B
$558.0M
$263.0M
$6.0M
Other income
$81.0M
$133.0M
$61.0M
$68.0M
Income before provision for income taxes
$4.6B
$2.7B
$2.5B
$2.4B
Provision for income taxes
($1.0B)
($614.0M)
($426.0M)
($519.0M)
Net income
$3.5B
$2.1B
$2.1B
$1.9B
Basic net income per share (in dollars per share)
$4.30
$2.43
$2.20
$1.97
Diluted net income per share (in dollars per share)
$4.29
$2.42
$2.19
$1.96
Shares used in computing basic net income per share (in shares)
$820000000.00
$868000000.00
$948000000.00
$956000000.00
Shares used in computing diluted net income per share (in shares)
$821000000.00
$871000000.00
$952000000.00
$962000000.00
Balance sheet
Salesforce Inc. balance sheet, fiscal years
Line item
Jan 31, 2026 · FY
Jan 31, 2025 · FY
Jan 31, 2024 · FY
Jan 31, 2023 · FY
Cash and cash equivalents
$7.3B
$8.8B
$8.5B
$7.0B
Marketable securities
$2.2B
$5.2B
$5.7B
$5.5B
Accounts receivable, net
$14.3B
$11.9B
$11.4B
$10.8B
Costs capitalized to obtain revenue contracts, net
$2.1B
$2.0B
$1.9B
$1.8B
Prepaid expenses and other current assets
$2.2B
$1.8B
$1.6B
$1.4B
Total current assets
$28.2B
$29.7B
$29.1B
$26.4B
Property and equipment, net
$3.1B
$3.2B
$3.7B
$3.7B
Operating lease right-of-use assets, net
$2.0B
$2.2B
$2.4B
$2.9B
Noncurrent costs capitalized to obtain revenue contracts, net
$3.0B
$2.5B
$2.5B
$2.7B
Strategic investments
$7.6B
$4.9B
$4.8B
$4.7B
Goodwill
$57.9B
$51.3B
$48.6B
$48.6B
Intangible assets acquired through business combinations, net
$6.8B
$4.4B
$5.3B
$7.1B
Deferred tax assets and other assets, net
$3.6B
$4.8B
$3.4B
$2.8B
Total assets
$112.3B
$102.9B
$99.8B
$98.8B
Accounts payable, accrued expenses and other liabilities
$8.3B
$6.7B
$6.1B
$6.7B
Operating lease liabilities, current
$548.0M
$579.0M
$518.0M
$590.0M
Unearned revenue
$24.3B
$20.7B
$19.0B
$17.4B
Debt, current
$4.0B
$0
$999.0M
$1.2B
Total current liabilities
$37.1B
$28.0B
$26.6B
$25.9B
Noncurrent debt
$10.4B
$8.4B
$8.4B
$9.4B
Noncurrent operating lease liabilities
$2.2B
$2.4B
$2.6B
$2.9B
Other noncurrent liabilities
$3.4B
$3.0B
$2.5B
$2.3B
Total liabilities
$53.2B
$41.8B
$40.2B
$40.5B
Preferred stock, $0.001 par value; 5 shares authorized and none issued and outstanding
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
1.0M
1.0M
1.0M
1.0M
Treasury stock, at cost
($32.2B)
($19.5B)
($11.7B)
($4.0B)
Additional paid-in capital
$68.8B
$64.6B
$59.8B
$55.0B
Accumulated other comprehensive income (loss)
$313.0M
($266.0M)
($225.0M)
($274.0M)
Retained earnings
$22.2B
$16.4B
$11.7B
$7.6B
Total stockholders’ equity
$59.1B
$61.2B
$59.6B
$58.4B
Total liabilities and stockholders’ equity
$112.3B
$102.9B
$99.8B
$98.8B
Salesforce Inc. balance sheet, quarters
Line item
Jul 31, 2026
Apr 30, 2026
Oct 31, 2025
Jul 31, 2025
Cash and cash equivalents
$8.3B
$8.9B
$9.0B
$10.4B
Marketable securities
$3.1B
$2.9B
$2.3B
$5.0B
Accounts receivable, net
$6.3B
$5.1B
$5.5B
$5.6B
Costs capitalized to obtain revenue contracts, net
$2.1B
$2.1B
$1.8B
$1.9B
Prepaid expenses and other current assets
$2.3B
$2.6B
$2.4B
$2.5B
Total current assets
$22.1B
$21.6B
$21.1B
$25.3B
Property and equipment, net
$3.0B
$3.1B
$3.1B
$3.2B
Operating lease right-of-use assets, net
$1.8B
$1.9B
$1.9B
$2.0B
Noncurrent costs capitalized to obtain revenue contracts, net
$2.9B
$2.9B
$2.3B
$2.3B
Strategic investments
$11.3B
$7.8B
$6.4B
$5.1B
Goodwill
$59.3B
$59.3B
$52.5B
$51.4B
Intangible assets acquired through business combinations, net
$6.1B
$6.7B
$3.5B
$3.7B
Deferred tax assets and other assets, net
$3.1B
$3.4B
$4.3B
$4.6B
Total assets
$109.6B
$106.7B
$95.1B
$97.6B
Accounts payable, accrued expenses and other liabilities
$7.0B
$6.6B
$5.8B
$5.4B
Operating lease liabilities, current
$531.0M
$557.0M
$564.0M
$580.0M
Unearned revenue
$18.8B
$20.4B
$15.0B
$16.6B
Debt, current
$0
$0
—
—
Total current liabilities
$26.3B
$27.5B
$21.4B
$22.5B
Noncurrent debt
$39.3B
$39.3B
$8.4B
$8.4B
Noncurrent operating lease liabilities
$1.9B
$2.0B
$2.1B
$2.2B
Other noncurrent liabilities
$3.7B
$3.6B
$3.1B
$3.1B
Total liabilities
$71.2B
$72.4B
$35.1B
$36.2B
Common stock
$1.0M
$1.0M
$1.0M
$1.0M
Treasury stock, at cost
($55.0B)
($55.0B)
($28.3B)
($24.4B)
Additional paid-in capital
$66.0B
$64.9B
$67.4B
$66.7B
Accumulated other comprehensive income
$263.0M
$395.0M
$154.0M
$47.0M
Retained earnings
$27.1B
$24.0B
$20.7B
$19.0B
Total stockholders’ equity
$38.4B
$34.2B
$60.0B
$61.3B
Total liabilities and stockholders’ equity
$109.6B
$106.7B
$95.1B
$97.6B
Cash flow statement
Salesforce Inc. cash flow statement, fiscal years
Line item
Jan 31, 2026 · FY
Jan 31, 2025 · FY
Jan 31, 2024 · FY
Jan 31, 2023 · FY
Net income
$7.5B
$6.2B
$4.1B
$208.0M
Depreciation and amortization
$3.6B
$3.5B
$4.0B
$3.8B
Amortization of costs capitalized to obtain revenue contracts, net
$2.2B
$2.1B
$1.9B
$1.7B
Stock-based compensation expense
$3.5B
$3.2B
$2.8B
$3.3B
Gains (losses) on strategic investments, net
($1.0B)
$121.0M
$277.0M
$239.0M
Accounts receivable, net
($2.2B)
($490.0M)
($659.0M)
($995.0M)
Costs capitalized to obtain revenue contracts, net
($2.8B)
($2.1B)
($1.9B)
($2.3B)
Prepaid expenses and other current assets and other assets
$819.0M
($1.5B)
($843.0M)
($302.0M)
Accounts payable and accrued expenses and other liabilities
$1.0B
$1.1B
($478.0M)
$528.0M
Operating lease liabilities
($567.0M)
($548.0M)
($621.0M)
($699.0M)
Unearned revenue
$2.9B
$1.6B
$1.6B
$1.7B
Net cash provided by operating activities
$15.0B
$13.1B
$10.2B
$7.1B
Business combinations, net of cash acquired
($9.3B)
($2.7B)
($82.0M)
($439.0M)
Purchases of strategic investments
($2.0B)
($539.0M)
($496.0M)
($550.0M)
Sales of strategic investments
$184.0M
$126.0M
$108.0M
$355.0M
Purchases of marketable securities
($3.8B)
($6.9B)
($3.8B)
($4.8B)
Sales of marketable securities
$4.4B
$4.1B
$1.5B
$1.8B
Maturities of marketable securities
$2.4B
$3.4B
$2.1B
$2.4B
Capital expenditures
($594.0M)
($658.0M)
($736.0M)
($798.0M)
Net cash used in investing activities
($8.6B)
($3.2B)
($1.3B)
($2.0B)
Proceeds from issuance of debt, net of issuance costs
$6.0B
—
$0
$0
Repurchases of common stock
($12.6B)
($7.8B)
($7.6B)
($4.0B)
Payments for taxes related to net share settlement of equity awards
($351.0M)
—
—
—
Proceeds from employee stock plans
$1.0B
$1.5B
$2.0B
$861.0M
Principal payments on financing obligations
($584.0M)
($603.0M)
($629.0M)
($419.0M)
Repayments of debt
$0
($1.0B)
($1.2B)
($4.0M)
Payments of dividends and dividend equivalents
($1.6B)
($1.5B)
—
—
Net cash used in financing activities
($8.1B)
($9.4B)
($7.5B)
($3.6B)
Effect of exchange rate changes
$152.0M
($124.0M)
$26.0M
($8.0M)
Net increase (decrease) in cash and cash equivalents
($1.5B)
$376.0M
$1.5B
$1.6B
Cash and cash equivalents, beginning of period
$8.8B
$8.5B
$7.0B
$5.5B
Cash and cash equivalents, end of period
$7.3B
$8.8B
$8.5B
$7.0B
Interest
$276.0M
$233.0M
$254.0M
$275.0M
Income taxes, net of tax refunds
$1.3B
$2.1B
$1.0B
$510.0M
Salesforce Inc. cash flow statement, quarters
Line item
Jul 31, 2026 · YTD
Apr 30, 2026 · Q1
Oct 31, 2025 · YTD
Jul 31, 2025 · YTD
Net income
$5.6B
$2.1B
$5.5B
$3.4B
Depreciation and amortization
$2.0B
$985.0M
$2.5B
$1.7B
Amortization of costs capitalized to obtain revenue contracts, net
$1.2B
$584.0M
$1.6B
$1.1B
Stock-based compensation expense
$1.8B
$857.0M
$2.4B
$1.6B
Gains (losses) on strategic investments, net
($3.2B)
($558.0M)
($206.0M)
$57.0M
Accounts receivable, net
$8.0B
$9.4B
$6.5B
$6.3B
Costs capitalized to obtain revenue contracts, net
($1.1B)
($509.0M)
($1.3B)
($771.0M)
Prepaid expenses and other current assets and other assets
$510.0M
($162.0M)
($117.0M)
($513.0M)
Accounts payable and accrued expenses and other liabilities
($1.0B)
($1.9B)
($1.2B)
($1.2B)
Operating lease liabilities
($285.0M)
($138.0M)
($415.0M)
($278.0M)
Unearned revenue
($5.6B)
($4.0B)
($5.7B)
($4.2B)
Net cash provided by operating activities
$8.0B
$6.7B
$9.5B
$7.2B
Business combinations, net of cash acquired
($1.5B)
($1.5B)
($1.0B)
($54.0M)
Purchases of strategic investments
($1.3B)
($325.0M)
($1.4B)
($323.0M)
Sales of strategic investments
$594.0M
$415.0M
$112.0M
$44.0M
Purchases of marketable securities
($1.8B)
($1.1B)
($3.6B)
($3.2B)
Sales of marketable securities
$709.0M
$352.0M
$4.2B
$1.6B
Maturities of marketable securities
$221.0M
$61.0M
$2.3B
$1.9B
Capital expenditures
($316.0M)
($145.0M)
($453.0M)
($314.0M)
Net cash provided by (used in) investing activities
($3.4B)
($2.2B)
$117.0M
($402.0M)
Proceeds from issuance of debt, net of issuance costs
$24.8B
$24.8B
—
—
Repurchases of common stock
($27.3B)
($27.2B)
($8.7B)
($4.9B)
Payments for taxes related to net share settlement of equity awards
($327.0M)
($250.0M)
($139.0M)
($12.0M)
Proceeds from employee stock plans
$309.0M
$230.0M
$765.0M
$526.0M
Principal payments on financing obligations
($306.0M)
($130.0M)
($438.0M)
($278.0M)
Payments of dividends and dividend equivalents
($729.0M)
($365.0M)
($1.2B)
($801.0M)
Net cash used in financing activities
($3.5B)
($2.9B)
($9.7B)
($5.4B)
Effect of exchange rate changes
($64.0M)
$11.0M
$148.0M
$126.0M
Net increase (decrease) in cash and cash equivalents