Cash flow Salesforce, Inc.

Equities

CRM

US79466L3024

IT Services & Consulting

Market Closed - Nyse Other stock markets 21:00:02 10/02/2026 GMT			After hours 22:13:09
193.45 ^USD	-0.30%		193.98	+0.27%

10:02pm	Freshworks forecasts annual profit below estimates amid AI-driven software worries	RE
09:16pm	Freshworks forecasts annual revenue above estimates on strong AI-driven software demand	RE

254c49b1c4cf83d2a.MBjnJ_2msxz8jPWq55GRlRpCkC160o6nPR_ad7nmIkM.c2KsQbTV6lmI-JrZs_XIpGMgo2MIq-_fYlaYQ--ldQdnXpZLz8Hjao25lg

Published financial data: SALESFORCE, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: January	2021	2022	2023	2024	2025
Revenues	21.25B	26.49B	31.35B	34.86B	37.9B
Total Revenues	21.25B	26.49B	31.35B	34.86B	37.9B
Cost of Goods Sold, Total	5.44B	7.03B	8.36B	8.54B	8.64B
Gross Profit	15.81B	19.47B	22.99B	26.32B	29.25B
Selling General & Admin Expenses, Total	11.76B	14.4B	16.08B	15.41B	16.09B
R&D Expenses	3.6B	4.46B	5.06B	4.91B	5.49B
Other Operating Expenses, Total	15.36B	18.86B	21.13B	20.32B	21.59B
Operating Income	455M	602M	1.86B	6B	7.67B
Interest Expense, Total	-126M	-220M	-287M	-29M	-300M
Interest And Investment Income	-	-	-	-	647M
Net Interest Expenses	-126M	-220M	-287M	-29M	347M
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	62M	-7M	156M	245M	7M
EBT, Excl. Unusual Items	391M	375M	1.73B	6.22B	8.02B
Restructuring Charges	-	-	-828M	-988M	-461M
Merger & Related Restructuring Charges	-	-54M	-	-	-
Gain (Loss) On Sale Of Investments	2.17B	1.21B	-239M	-277M	-121M
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	2.56B	1.53B	660M	4.95B	7.44B
Income Tax Expense	-1.51B	88M	452M	814M	1.24B
Earnings From Continuing Operations	4.07B	1.44B	208M	4.14B	6.2B
Net Income to Company	4.07B	1.44B	208M	4.14B	6.2B
Net Income - (IS)	4.07B	1.44B	208M	4.14B	6.2B
Net Income to Common Incl Extra Items	4.07B	1.44B	208M	4.14B	6.2B
Net Income to Common Excl. Extra Items	4.07B	1.44B	208M	4.14B	6.2B
Per Share Items
Net EPS - Basic	4.48	1.51	0.21	4.25	6.44
Basic EPS - Continuing Operations	4.48	1.51	0.21	4.25	6.44
Basic Weighted Average Shares Outstanding	908M	955M	992M	974M	962M
Net EPS - Diluted	4.38	1.48	0.21	4.2	6.36
Diluted EPS - Continuing Operations	4.38	1.48	0.21	4.2	6.36
Diluted Weighted Average Shares Outstanding	930M	974M	997M	984M	974M
Normalized Basic EPS	0.27	0.25	1.09	3.99	5.21
Normalized Diluted EPS	0.26	0.24	1.08	3.95	5.15
Dividend Per Share	-	-	-	-	1.6
Payout Ratio	-	-	-	-	24.8
American Depositary Receipts Ratio (ADR)	0.05	0.05	0.05	0.05	0.05
Supplemental Items
EBITDA	3.12B	3.06B	5.44B	9.22B	11.14B
EBITA	1.38B	1.37B	3.65B	7.16B	9.32B
EBIT	455M	602M	1.86B	6B	7.67B
EBITDAR	4.33B	4.14B	6.42B	10.26B	11.83B
Total Revenues (As Reported)	21.25B	26.49B	31.35B	34.86B	37.9B
Effective Tax Rate - (Ratio)	-59	5.74	68.48	16.44	16.68
Current Domestic Taxes	41M	-10M	389M	1.14B	1.53B
Current Foreign Taxes	238M	352M	397M	417M	925M
Total Current Taxes	279M	342M	786M	1.56B	2.45B
Deferred Domestic Taxes	294M	-238M	-337M	-822M	-1.15B
Deferred Foreign Taxes	-2.08B	-16M	3M	80M	-64M
Total Deferred Taxes	-1.79B	-254M	-334M	-742M	-1.21B
Normalized Net Income	244M	234M	1.08B	3.88B	5.01B
Interest on Long-Term Debt	125M	221M	297M	29M	300M
Supplemental Operating Expense Items
Advertising Expense	787M	1B	1B	1.1B	1B
Selling and Marketing Expenses	9.67B	11.86B	13.53B	12.88B	13.26B
General and Administrative Expenses	2.09B	2.54B	2.55B	2.53B	2.84B
Research And Development Expense From Footnotes	3.6B	4.46B	5.06B	5.64B	5.49B
Net Rental Expense, Total	1.21B	1.08B	986M	1.04B	684M
Imputed Operating Lease Interest Expense	192M	183M	155M	16.98M	128M
Imputed Operating Lease Depreciation	1.02B	897M	831M	1.02B	556M
Stock-Based Comp., COGS (Total)	241M	386M	499M	431M	518M
Stock-Based Comp., R&D Exp. (Total)	703M	918M	1.14B	972M	1.09B
Stock-Based Comp., S&M Exp. (Total)	941M	1.1B	1.26B	1.06B	1.2B
Stock-Based Comp., G&A Exp. (Total)	305M	371M	368M	299M	367M
Stock-Based Comp., Other (Total)	-	-	20M	23M	2M
Total Stock-Based Compensation	2.19B	2.78B	3.28B	2.79B	3.18B

Fiscal Period: January	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	6.2B	5.46B	7.02B	8.47B	8.85B
Short Term Investments	5.77B	5.07B	5.49B	5.72B	5.18B
Total Cash And Short Term Investments	11.97B	10.54B	12.51B	14.19B	14.03B
Accounts Receivable, Total	7.79B	9.74B	10.76B	11.41B	11.94B
Other Receivables	-	-	-	-	-
Total Receivables	7.79B	9.74B	10.76B	11.41B	11.94B
Prepaid Expenses	991M	1.12B	1.36B	1.56B	1.78B
Other Current Assets, Total	1.15B	1.45B	1.78B	1.9B	1.97B
Total Current Assets	21.89B	22.85B	26.4B	29.07B	29.73B
Gross Property Plant And Equipment	7.62B	8.1B	9.29B	9.21B	9.08B
Accumulated Depreciation	-1.96B	-2.4B	-2.7B	-3.15B	-3.68B
Net Property Plant And Equipment	5.66B	5.7B	6.59B	6.06B	5.39B
Long-term Investments	3.91B	4.78B	4.67B	4.85B	4.85B
Goodwill	26.32B	47.94B	48.57B	48.62B	51.28B
Other Intangibles, Total	4.11B	8.98B	7.12B	5.28B	4.43B
Accounts Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	2.65B	2.54B	2.8B	3.43B	4.77B
Deferred Charges Long-Term	1.76B	2.42B	2.7B	2.52B	2.48B
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	66.3B	95.21B	98.85B	99.82B	103B
Liabilities
Accounts Payable, Total	2.62B	2.96B	3.28B	3.12B	3.22B
Accrued Expenses, Total	1.7B	2.4B	2.6B	2.5B	2.8B
Current Portion of Long-Term Debt	4M	4M	1.18B	999M	-
Current Portion of Leases	801M	800M	847M	890M	916M
Current Income Taxes Payable	-	-	-	-	-
Unearned Revenue Current, Total	12.61B	15.63B	17.38B	19B	20.74B
Other Current Liabilities	-	-	607M	120M	302M
Total Current Liabilities	17.73B	21.79B	25.89B	26.63B	27.98B
Long-Term Debt	2.67B	10.59B	9.42B	8.43B	8.43B
Long-Term Leases	2.94B	2.97B	3.43B	3.25B	2.72B
Unearned Revenue Non Current	-	-	-	-	-
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	1.47B	1.72B	1.75B	1.87B	2.62B
Total Liabilities	24.81B	37.08B	40.49B	40.18B	41.76B
Common Stock, Total	1M	1M	1M	1M	1M
Additional Paid In Capital	35.6B	50.92B	55.05B	59.84B	64.58B
Retained Earnings	5.93B	7.38B	7.58B	11.72B	16.37B
Treasury Stock	-	-	-4B	-11.69B	-19.51B
Comprehensive Income and Other	-42M	-166M	-274M	-225M	-266M
Total Common Equity	41.49B	58.13B	58.36B	59.65B	61.17B
Total Equity	41.49B	58.13B	58.36B	59.65B	61.17B
Total Liabilities And Equity	66.3B	95.21B	98.85B	99.82B	103B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	921M	990M	1B	970M	961M
ECS Total Common Shares Outstanding	919M	989M	981M	971M	962M
Book Value / Share	45.15	58.78	59.49	61.43	63.59
Tangible Book Value	11.06B	1.22B	2.67B	5.75B	5.46B
Tangible Book Value Per Share	12.04	1.23	2.72	5.92	5.68
Total Debt	6.41B	14.37B	14.88B	13.56B	12.07B
Net Debt	-5.55B	3.83B	2.37B	-632M	-1.96B
Debt Equivalent Oper. Leases	9.66B	8.64B	7.89B	8.33B	5.47B
Account Code - Inventory Valuation	3	3	-	3	3
Land - (BS)	293M	293M	293M	293M	293M
Buildings, Total	485M	487M	489M	490M	492M
Machinery, Total	1.52B	1.85B	2.76B	2.88B	3.06B
Full Time Employees	56.61K	73.54K	79.39K	72.68K	76.45K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-
Order Backlog	-	-	-	-	-

Fiscal Period: January	2021	2022	2023	2024	2025
Net Income	4.07B	1.44B	208M	4.14B	6.2B
Depreciation & Amortization - CF	1.75B	1.7B	1.79B	2.06B	1.83B
Amortization of Goodwill and Intangible Assets - (CF)	922M	764M	1.79B	1.16B	1.65B
Depreciation & Amortization, Total	2.67B	2.46B	3.58B	3.22B	3.48B
Amortization of Deferred Charges, Total - (CF)	1.24B	2.18B	1.88B	2.66B	2.1B
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-2.17B	-1.21B	239M	277M	121M
Stock-Based Compensation (CF)	2.19B	2.78B	3.28B	2.79B	3.18B
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	-2B	-	-	-	-
Change In Accounts Receivable	-1.56B	-1.82B	-995M	-659M	-490M
Change In Accounts Payable	1.1B	507M	528M	-478M	1.09B
Change in Unearned Revenues	1.87B	2.63B	1.74B	1.62B	1.58B
Change in Other Net Operating Assets	-2.61B	-2.97B	-3.35B	-3.34B	-4.16B
Cash from Operations	4.8B	6B	7.11B	10.23B	13.09B
Capital Expenditure	-710M	-717M	-798M	-736M	-658M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-1.28B	-14.88B	-439M	-82M	-2.73B
Investment in Marketable and Equity Securities, Total	-1.98B	1.06B	-752M	-509M	229M
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-3.97B	-14.54B	-1.99B	-1.33B	-3.16B
Long-Term Debt Issued, Total	-	7.91B	-	-	-
Total Debt Issued	-	7.91B	-	-	-
Long-Term Debt Repaid, Total	-127M	-1.36B	-423M	-1.81B	-1.6B
Total Debt Repaid	-127M	-1.36B	-423M	-1.81B	-1.6B
Issuance of Common Stock	1.32B	1.29B	861M	1.95B	1.54B
Repurchase of Common Stock	-	-	-4B	-7.62B	-7.83B
Common Dividends Paid	-	-	-	-	-1.54B
Common & Preferred Stock Dividends Paid	-	-	-	-	-1.54B
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	1.19B	7.84B	-3.56B	-7.48B	-9.43B
Foreign Exchange Rate Adjustments	26M	-33M	-8M	26M	-124M
Net Change in Cash	2.05B	-731M	1.55B	1.46B	376M
Supplemental Items
Cash Interest Paid	96M	187M	275M	254M	233M
Cash Income Tax Paid (Refund)	216M	196M	510M	1.03B	2.06B
Levered Free Cash Flow	6.57B	8.62B	10.22B	11.55B	14.21B
Unlevered Free Cash Flow	6.65B	8.76B	10.4B	11.57B	14.4B
Change In Net Working Capital	-978M	-1.67B	-1.3B	113M	-1.51B
Net Debt Issued / Repaid	-127M	6.55B	-423M	-1.81B	-1.6B

Fiscal Period: January	2021	2022	2023	2024	2025
Profitability
Return on Assets	0.47	0.47	1.2	3.77	4.73
Return on Total Capital	0.65	0.62	1.59	5.12	6.54
Return On Equity %	10.8	2.9	0.36	7.01	10.26
Return on Common Equity	10.8	2.9	0.36	7.01	10.26
Margin Analysis
Gross Profit Margin %	74.41	73.48	73.34	75.5	77.19
SG&A Margin	55.34	54.35	51.29	44.21	42.47
EBITDA Margin %	14.7	11.57	17.34	26.45	29.4
EBITA Margin %	6.48	5.16	11.64	20.55	24.59
EBIT Margin %	2.14	2.27	5.93	17.21	20.23
Income From Continuing Operations Margin %	19.16	5.45	0.66	11.87	16.35
Net Income Margin %	19.16	5.45	0.66	11.87	16.35
Net Avail. For Common Margin %	19.16	5.45	0.66	11.87	16.35
Normalized Net Income Margin	1.15	0.88	3.44	11.14	13.23
Levered Free Cash Flow Margin	30.9	32.53	32.6	33.14	37.49
Unlevered Free Cash Flow Margin	31.27	33.05	33.17	33.2	37.99
Asset Turnover
Asset Turnover	0.35	0.33	0.32	0.35	0.37
Fixed Assets Turnover	3.84	4.66	5.1	5.51	6.62
Receivables Turnover (Average Receivables)	3.04	3.02	3.06	3.14	3.24
Short Term Liquidity
Current Ratio	1.23	1.05	1.02	1.09	1.06
Quick Ratio	1.11	0.93	0.9	0.96	0.93
Operating Cash Flow to Current Liabilities	0.27	0.28	0.27	0.38	0.47
Days Sales Outstanding (Average Receivables)	120.21	120.73	119.3	116.07	112.8
Average Days Payable Outstanding	151.16	144.73	136.11	136.71	134.2
Long Term Solvency
Total Debt/Equity	15.46	24.72	25.5	22.74	19.73
Total Debt / Total Capital	13.39	19.82	20.32	18.53	16.48
LT Debt/Equity	13.52	23.34	22.02	19.57	18.23
Long-Term Debt / Total Capital	11.71	18.71	17.55	15.94	15.23
Total Liabilities / Total Assets	37.42	38.94	40.96	40.25	40.57
EBIT / Interest Expense	3.61	2.74	6.47	206.86	25.55
EBITDA / Interest Expense	34.37	18.84	22.38	353.86	39.42
(EBITDA - Capex) / Interest Expense	28.74	15.58	19.6	328.48	37.23
Total Debt / EBITDA	1.48	3.47	2.32	1.32	1.02
Net Debt / EBITDA	-1.28	0.92	0.37	-0.06	-0.17
Total Debt / (EBITDA - Capex)	1.77	4.19	2.65	1.42	1.08
Net Debt / (EBITDA - Capex)	-1.53	1.12	0.42	-0.07	-0.18
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	24.3	24.66	18.35	11.18	8.72
Gross Profit, 1 Yr. Growth %	22.94	23.09	18.11	14.46	11.16
EBITDA, 1 Yr. Growth %	18.39	-7.18	39.38	63.38	11.9
EBITA, 1 Yr. Growth %	6.33	-12.15	65.76	85.64	18.42
EBIT, 1 Yr. Growth %	-9.54	32.31	208.64	222.87	27.79
Earnings From Cont. Operations, 1 Yr. Growth %	3.13K	-64.54	-85.6	1.89K	49.83
Net Income, 1 Yr. Growth %	3.13K	-64.54	-85.6	1.89K	49.83
Normalized Net Income, 1 Yr. Growth %	-19.38	-4.09	360.53	259.87	29.04
Diluted EPS Before Extra, 1 Yr. Growth %	2.82K	-66.21	-85.83	1.9K	51.43
Accounts Receivable, 1 Yr. Growth %	26.11	25.08	10.43	6.13	4.65
Net Property, Plant and Equip., 1 Yr. Growth %	4.58	0.56	15.75	-8.15	-10.93
Total Assets, 1 Yr. Growth %	20.27	43.6	3.82	0.99	3.11
Tangible Book Value, 1 Yr. Growth %	174.67	-89.01	119.24	115.6	-4.98
Common Equity, 1 Yr. Growth %	22.45	40.1	0.39	2.21	2.56
Cash From Operations, 1 Yr. Growth %	10.85	24.97	18.52	43.92	27.93
Capital Expenditures, 1 Yr. Growth %	10.42	0.99	11.3	-7.77	-10.6
Levered Free Cash Flow, 1 Yr. Growth %	15.09	31.22	18.57	11.15	24.89
Unlevered Free Cash Flow, 1 Yr. Growth %	14.82	31.73	18.79	11.26	24.4
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	26.49	24.48	21.46	14.71	9.94
Gross Profit, 2 Yr. CAGR %	26.83	23.02	20.58	16.27	12.79
EBITDA, 2 Yr. CAGR %	43.48	8.6	28.33	54.84	40.51
EBITA, 2 Yr. CAGR %	18.42	4	53.21	82.6	56.4
EBIT, 2 Yr. CAGR %	-7.78	14.03	102.08	230.86	103.12
Earnings From Cont. Operations, 2 Yr. CAGR %	91.53	238.53	-77.4	69.24	445.83
Net Income, 2 Yr. CAGR %	91.53	238.53	-77.4	69.24	445.83
Normalized Net Income, 2 Yr. CAGR %	-5.84	-8.2	110.16	340.02	115.5
Diluted EPS Before Extra, 2 Yr. CAGR %	75.01	214.11	-78.12	68.46	450.75
Accounts Receivable, 2 Yr. CAGR %	23.09	25.6	17.53	8.26	5.39
Net Property, Plant and Equip., 2 Yr. CAGR %	66.17	2.55	7.89	3.11	-9.55
Total Assets, 2 Yr. CAGR %	46.87	31.42	22.1	2.39	2.04
Tangible Book Value, 2 Yr. CAGR %	556.04	-45.05	-50.91	117.42	43.14
Common Equity, 2 Yr. CAGR %	63.06	30.98	18.6	1.29	2.38
Cash From Operations, 2 Yr. CAGR %	18.86	17.7	21.7	30.6	35.69
Capital Expenditures, 2 Yr. CAGR %	9.24	5.6	6.02	1.32	-9.19
Levered Free Cash Flow, 2 Yr. CAGR %	37.71	22.28	24.65	15.1	17.98
Unlevered Free Cash Flow, 2 Yr. CAGR %	38.53	23.25	25.09	15.19	17.65
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	26.33	25.88	22.4	17.93	12.67
Gross Profit, 3 Yr. CAGR %	26.74	25.57	21.36	18.5	14.54
EBITDA, 3 Yr. CAGR %	36.13	26.41	27.9	40.84	42.56
EBITA, 3 Yr. CAGR %	22.94	11.63	42.44	66.38	63.08
EBIT, 3 Yr. CAGR %	0.07	4.01	58.91	136.24	140.95
Earnings From Cont. Operations, 3 Yr. CAGR %	124.48	9.16	18.19	0.52	62.51
Net Income, 3 Yr. CAGR %	124.48	9.16	18.19	0.52	62.51
Normalized Net Income, 3 Yr. CAGR %	-0.92	-5.26	57.15	151.43	192.34
Diluted EPS Before Extra, 3 Yr. CAGR %	107.54	1.15	11.81	-1.39	62.58
Accounts Receivable, 3 Yr. CAGR %	25.69	23.75	20.32	13.6	7.04
Net Property, Plant and Equip., 3 Yr. CAGR %	42.74	40.55	6.78	2.26	-1.8
Total Assets, 3 Yr. CAGR %	44.48	45.77	21.49	14.61	2.63
Tangible Book Value, 3 Yr. CAGR %	74.3	67.88	-12.84	-19.6	65
Common Equity, 3 Yr. CAGR %	58.73	55.02	19.87	12.86	1.71
Cash From Operations, 3 Yr. CAGR %	20.59	20.87	17.97	28.7	29.7
Capital Expenditures, 3 Yr. CAGR %	9.96	6.41	7.46	1.21	-2.82
Levered Free Cash Flow, 3 Yr. CAGR %	34.55	35.51	21.04	20.65	17.66
Unlevered Free Cash Flow, 3 Yr. CAGR %	35.08	36.22	21.75	20.3	18.18
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	26.09	25.71	24.36	21.28	17.25
Gross Profit, 5 Yr. CAGR %	25.83	25.7	24.24	21.77	17.86
EBITDA, 5 Yr. CAGR %	42.12	29.23	34.43	43.47	33.81
EBITA, 5 Yr. CAGR %	41.82	25.2	37.56	48.79	49.13
EBIT, 5 Yr. CAGR %	42.18	22.53	32.56	62.16	75.31
Earnings From Cont. Operations, 5 Yr. CAGR %	143.65	34.92	-10.39	30.09	117.95
Net Income, 5 Yr. CAGR %	143.65	34.92	-10.39	30.09	117.95
Normalized Net Income, 5 Yr. CAGR %	131.58	20.44	33.85	69.75	78.3
Diluted EPS Before Extra, 5 Yr. CAGR %	127.62	26.33	-15.61	24.05	111.58
Accounts Receivable, 5 Yr. CAGR %	25.55	24.96	22.36	17.3	14.11
Net Property, Plant and Equip., 5 Yr. CAGR %	26.97	26.08	27.62	24.17	-0.08
Total Assets, 5 Yr. CAGR %	39.03	40.19	35.07	26.57	13.3
Tangible Book Value, 5 Yr. CAGR %	85.8	2.82	5	86.17	6.29
Common Equity, 5 Yr. CAGR %	52.67	50.61	41.26	30.76	12.54
Cash From Operations, 5 Yr. CAGR %	23.49	22.65	21.03	24.67	24.76
Capital Expenditures, 5 Yr. CAGR %	0	9.09	8.37	4.35	0.46
Levered Free Cash Flow, 5 Yr. CAGR %	34.64	29.36	30.54	27.25	19.78
Unlevered Free Cash Flow, 5 Yr. CAGR %	34.64	29.5	30.99	27.28	20.09