CRM · Salesforce, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.83B | $10.26B | $10.24B | $9.13B | $9.44B | $9.32B | $8.25B | $8.72B | $8.60B | $7.41B |
| Cost of Revenue | $2.27B | $2.25B | $2.24B | $2.16B | $2.10B | $2.16B | $2.13B | $2.15B | $2.11B | $2.04B |
| Gross Profit | $7.56B | $8.00B | $7.99B | $6.97B | $7.34B | $7.17B | $6.12B | $6.57B | $6.49B | $5.37B |
| R&D | $1.46B | $1.43B | $1.48B | $1.37B | $1.36B | $1.35B | $1.21B | $1.20B | $1.22B | $1.32B |
| SG&A | $697.00M | $667.00M | $734.00M | $647.00M | $711.00M | $711.00M | $638.00M | $632.00M | $632.00M | $656.00M |
| Total Operating Expenses | $5.62B | $5.82B | $5.66B | $5.26B | $5.45B | $5.38B | $5.71B | $5.06B | $5.01B | $5.35B |
| D&A | $843.00M | $851.00M | $817.00M | $879.00M | $814.00M | $907.00M | $1.25B | $862.00M | $890.00M | $906.00M |
| Operating Income | $1.94B | $2.19B | $2.33B | $1.71B | $1.89B | $1.78B | $412.00M | $1.50B | $1.48B | $20.00M |
| Interest Expense | $69.00M | $67.00M | $68.00M | - | - | - | - | - | - | - |
| Income Tax | $433.00M | $426.00M | $519.00M | $334.00M | $219.00M | $408.00M | $127.00M | $263.00M | $225.00M | ($57.00M) |
| Net Income | $1.54B | $2.09B | $1.89B | $1.53B | $1.53B | $1.43B | $199.00M | $1.22B | $1.27B | $28.00M |
| EPS - Basic | $1.61 | $2.20 | $1.97 | $1.58 | $1.60 | $1.48 | $0.20 | $1.26 | $1.30 | $0.03 |
| EPS - Diluted | $1.59 | $2.19 | $1.96 | $1.56 | $1.58 | $1.47 | $0.20 | $1.25 | $1.28 | $0.03 |
Balance Sheet
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $7.33B | $8.98B | $10.37B | $8.85B | $8.00B | $7.68B | $8.47B | $6.45B | $6.77B | $7.02B |
| Accounts Receivable | $14.34B | $5.47B | $5.60B | $11.95B | $4.74B | $5.39B | $11.41B | $4.85B | $5.40B | $10.76B |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $28.22B | $21.06B | $25.33B | $29.73B | $21.43B | $21.86B | $29.07B | $20.20B | $21.14B | $26.39B |
| Total Assets | $112.31B | $95.14B | $97.57B | $102.93B | $91.39B | $92.18B | $99.82B | $91.02B | $92.45B | $98.85B |
| Current Liabilities | $37.12B | $21.41B | $22.53B | $27.98B | $19.38B | $21.00B | $26.63B | $19.39B | $20.80B | $25.89B |
| Long-term Debt | $10.44B | $8.44B | $8.44B | $8.43B | $8.43B | $8.43B | $8.43B | $8.43B | $8.42B | $9.42B |
| Total Liabilities | $53.16B | $35.12B | $36.24B | $41.76B | $32.87B | $34.55B | $40.18B | $32.93B | $34.37B | $40.49B |
| Stockholders' Equity | $59.14B | $60.02B | $61.33B | $61.17B | $58.52B | $57.63B | $59.65B | $58.09B | $58.08B | $58.36B |
| Retained Earnings | $22.22B | $20.67B | $18.99B | $16.37B | $15.05B | $13.91B | $11.72B | $10.28B | $9.05B | $7.58B |
Cash Flow
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $6.48B | $2.32B | $740.00M | $6.25B | $1.98B | $892.00M | $4.49B | $1.53B | $808.00M | $3.68B |
| Investing Cash Flow | ($1.57B) | $519.00M | $1.17B | ($2.65B) | ($217.00M) | $2.64B | $347.00M | ($54.00M) | ($1.15B) | ($2.46B) |
| Financing Cash Flow | ($2.92B) | ($4.24B) | ($2.50B) | ($2.11B) | ($1.45B) | ($5.80B) | ($2.72B) | ($1.76B) | ($2.05B) | $201.00M |
| CapEx | $179.00M | $139.00M | $135.00M | $163.00M | $204.00M | $137.00M | $243.00M | $166.00M | $180.00M | $179.00M |
| Free Cash Flow | $6.30B | $2.18B | $605.00M | $6.08B | $1.78B | $755.00M | $4.25B | $1.37B | $628.00M | $3.50B |
Ratios
| Metric | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 77.0% | 78.0% | 78.1% | 76.3% | 77.7% | 76.8% | 74.2% | 75.3% | 75.4% | 72.4% |
| Operating margin | 19.8% | 21.3% | 22.8% | 18.7% | 20.0% | 19.1% | 5.0% | 17.2% | 17.2% | 0.3% |
| EBITDA margin | 28.3% | 29.6% | 30.8% | 28.3% | 28.7% | 28.8% | 20.2% | 27.1% | 27.5% | 12.5% |
| Net margin | 15.7% | 20.3% | 18.4% | 16.8% | 16.2% | 15.3% | 2.4% | 14.0% | 14.7% | 0.4% |
| Free cash flow margin | 64.1% | 21.2% | 5.9% | 66.6% | 18.8% | 8.1% | 51.5% | 15.7% | 7.3% | 47.2% |
| FCF / Net income | 4.09 | 1.04 | 0.32 | 3.97 | 1.17 | 0.53 | 21.35 | 1.12 | 0.50 | 124.89 |
| R&D / Revenue | 14.9% | 14.0% | 14.5% | 15.0% | 14.4% | 14.5% | 14.6% | 13.8% | 14.2% | 17.8% |
| SG&A / Revenue | 7.1% | 6.5% | 7.2% | 7.1% | 7.5% | 7.6% | 7.7% | 7.2% | 7.3% | 8.9% |
| Effective tax rate | 21.9% | 17.0% | 21.6% | 17.9% | 12.5% | 22.2% | 39.0% | 17.7% | 15.1% | - |
| Return on assets | 1.4% | 2.2% | 1.9% | 1.5% | 1.7% | 1.6% | 0.2% | 1.3% | 1.4% | 0.0% |
| Return on equity | 2.6% | 3.5% | 3.1% | 2.5% | 2.6% | 2.5% | 0.3% | 2.1% | 2.2% | 0.0% |
| Return on invested capital | 2.2% | 2.7% | 2.6% | 2.0% | 2.5% | 2.1% | 0.4% | 1.9% | 1.9% | 0.0% |
| Liquidity | ||||||||||
| Current ratio | 0.76 | 0.98 | 1.12 | 1.06 | 1.11 | 1.04 | 1.09 | 1.04 | 1.02 | 1.02 |
| Quick ratio | 0.76 | 0.98 | 1.12 | 1.06 | 1.11 | 1.04 | 1.09 | 1.04 | 1.02 | 1.02 |
| Cash ratio | 0.20 | 0.42 | 0.46 | 0.32 | 0.41 | 0.37 | 0.32 | 0.33 | 0.33 | 0.27 |
| Leverage | ||||||||||
| Debt / Equity | 0.18 | 0.14 | 0.14 | 0.14 | 0.14 | 0.15 | 0.14 | 0.15 | 0.15 | 0.16 |
| Debt / Assets | 0.09 | 0.09 | 0.09 | 0.08 | 0.09 | 0.09 | 0.08 | 0.09 | 0.09 | 0.10 |
| Debt / EBITDA | 3.75 | 2.78 | 2.68 | 3.26 | 3.11 | 3.13 | 5.06 | 3.57 | 3.56 | 10.17 |
| Interest coverage | 28.1x | 32.7x | 34.3x | - | - | - | - | - | - | - |
| Equity multiplier | 1.90 | 1.59 | 1.59 | 1.68 | 1.56 | 1.60 | 1.67 | 1.57 | 1.59 | 1.69 |
| Liabilities / Assets | 0.47 | 0.37 | 0.37 | 0.41 | 0.36 | 0.37 | 0.40 | 0.36 | 0.37 | 0.41 |
| Efficiency | ||||||||||
| Asset turnover | 0.09 | 0.11 | 0.10 | 0.09 | 0.10 | 0.10 | 0.08 | 0.10 | 0.09 | 0.07 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 532d | 195d | 200d | 477d | 183d | 211d | 505d | 203d | 229d | 530d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 133.5x | 118.9x | 131.8x | 219.0x | 184.4x | 176.1x | 1405.4x | 160.7x | 175.8x | 5599.0x |
| P / B | 3.5x | 4.1x | 4.1x | 5.5x | 4.8x | 4.4x | 4.7x | 3.4x | 3.8x | 2.9x |
| P / S | 21.0x | 24.2x | 24.3x | 36.9x | 29.8x | 27.0x | 33.7x | 22.6x | 25.8x | 22.7x |
| EV / EBITDA | 75.1x | 81.4x | 78.3x | 129.9x | 104.0x | 93.9x | 166.7x | 84.2x | 94.5x | 184.2x |
| Growth | ||||||||||
| Revenue growth (YoY) | 7.6% | 8.6% | 9.8% | 10.7% | 8.3% | 8.4% | 11.3% | 11.3% | 11.4% | 24.3% |
| Revenue CAGR (3y) | 9.9% | 9.4% | 9.9% | 15.3% | 11.2% | 13.7% | 19.2% | 17.2% | 18.6% | 25.6% |
| Revenue CAGR (5y) | 15.1% | 13.6% | 14.7% | 19.6% | 15.9% | 18.5% | 22.4% | 26.4% | 27.3% | - |
| Gross profit growth (YoY) | 8.5% | 9.1% | 11.6% | 13.9% | 11.8% | 10.4% | 14.1% | 14.2% | 16.0% | 21.7% |
| Operating income growth (YoY) | 13.6% | 15.6% | 30.8% | 314.8% | 26.1% | 20.8% | 1960.0% | 226.3% | 664.8% | -94.4% |
| Net income growth (YoY) | 0.5% | 36.6% | 32.1% | 670.4% | 24.8% | 12.8% | 610.7% | 482.9% | 1763.2% | -94.0% |
| EPS growth (YoY) | 1.9% | 38.6% | 33.3% | 680.0% | 26.4% | 14.8% | 566.7% | 495.2% | 1728.6% | -94.0% |
| EPS CAGR (3y) | 275.6% | 118.5% | 203.7% | 46.1% | 49.8% | 37.9% | 22.1% | 2.8% | -23.4% | -60.6% |
| EPS CAGR (5y) | 70.6% | 13.7% | -7.2% | 26.1% | - | 68.0% | -15.3% | 57.3% | 26.8% | - |
| FCF growth (YoY) | 3.5% | 22.4% | -19.9% | 43.2% | 30.2% | 20.2% | 21.5% | 1087.8% | 379.4% | 14.4% |
| FCF CAGR (5y) | 32.6% | 58.9% | 13.9% | 27.5% | 69.3% | 24.0% | 25.9% | 187.1% | 16.9% | 26.7% |
| Book value growth (YoY) | -3.3% | 2.6% | 6.4% | 2.6% | 0.7% | -0.8% | 2.2% | -2.1% | -3.4% | 0.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-01-31.
Product / service
$80.91B totalSubscriptionand Support$39.39B · 48.7%
Agentforce Service$9.82B · 12.1%
Agentforce Sales$9.03B · 11.2%
Agentforce360 Platform Slack And Other$8.88B · 11.0%
Agentforce Integration And Agentforce Analytics$6.23B · 7.7%
Agentforce Marketing And Agentforce Commerce$5.43B · 6.7%
Professional Servicesand Other$2.14B · 2.6%
Geographic
$41.52B totalAmericas$27.19B · 65.5%
Europe$10.02B · 24.1%
Asia Pacific$4.32B · 10.4%
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing Salesforce against the 5 most active filers in the same SIC group.
Dividends
$1.69/share trailing 12 months · +4.5% YoY
| Ex-date | Per share |
|---|---|
| Apr 9, 2026 | $0.4400 |
| Dec 18, 2025 | $0.4160 |
| Sep 17, 2025 | $0.4160 |
| Jun 18, 2025 | $0.4160 |
| Apr 10, 2025 | $0.4160 |
| Dec 18, 2024 | $0.4000 |
| Sep 18, 2024 | $0.4000 |
| Jul 9, 2024 | $0.4000 |
| Mar 13, 2024 | $0.4000 |