Salesforce Inc. (CRM) Financial Statements (2024 and earlier)

Company Profile

Business Address SALESFORCE TOWER
SAN FRANCISCO, CA 94105
State of Incorp. DE
Fiscal Year End January 31
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

1/31/2024
1/31/2023
1/31/2022
1/31/2021
1/31/2020
1/31/2019
1/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments12,55610,90711,9667,9474,3424,522
Cash and cash equivalents7,0165,4646,1954,1452,6692,543
Short-term investments5,5405,4435,7713,8021,6731,978
Receivables10,7559,7397,7866,1744,9243,917
Prepaid expense      324
Capitalized contract cost1,7761,4541,146926788
Other undisclosed current assets1,308750991916629527
Total current assets:26,39522,85021,88915,96310,6839,290
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization789400  
Operating lease, right-of-use asset2,8902,8803,2043,040
Property, plant and equipment   2,4592,3752,0511,947
Long-term investments and receivables4,6724,7843,9091,9631,302677
Long-term investments4,6724,7843,9091,9631,302677
Intangible assets, net (including goodwill)55,69356,91530,43229,85814,7748,141
Goodwill48,56847,93726,31825,13412,8517,314
Intangible assets, net (excluding goodwill)7,1258,9784,1144,7241,923826
Capitalized contract cost, net2,6972,3421,7151,3481,232
Other noncurrent assets2,8002,6232,693579543396
Other undisclosed noncurrent assets2,9132,415  152559
Total noncurrent assets:72,45472,35944,41239,16320,05411,719
TOTAL ASSETS:98,84995,20966,30155,12630,73721,010
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities     2,6881,343
Taxes payable    306
Employee-related liabilities   1,167960
Accounts payable     16576
Accrued liabilities     1,356 
Deferred revenue17,37615,62812,60710,662
Debt1,4391183980731,127
Other liabilities      565
Deferred revenue and credits7,095
Contract with customer, liability8,564
Other undisclosed current liabilities7,0766,0425,0823,376  
Total current liabilities:25,89121,78817,72814,84511,25510,130
Noncurrent Liabilities
Long-term debt and lease obligation9,41913,2955,5155,1183,173695
Long-term debt, excluding current maturities9,41910,5922,6732,6733,173695
Liabilities, other than long-term debt5,1801,9951,5651,278704793
Other liabilities2,2831,9951,5651,278704793
Operating lease, liability2,8972,7032,8422,445
Total noncurrent liabilities:14,59915,2907,0806,3963,8771,488
Total liabilities:40,49037,07824,80821,24115,13211,617
Temporary equity, carrying amount      4
Equity
Equity, attributable to parent58,35958,13141,49333,88515,6059,388
Common stock111111
Treasury stock, value(4,000)     
Additional paid in capital55,04750,91935,60132,11613,9279,752
Accumulated other comprehensive loss(274)(166)(42)(93)(58)(27)
Retained earnings (accumulated deficit)7,5857,3775,9331,8611,735(337)
Total equity:58,35958,13141,49333,88515,6059,388
TOTAL LIABILITIES AND EQUITY:98,84995,20966,30155,12630,73721,010

Income Statement (P&L) ($ in millions)

1/31/2024
1/31/2023
1/31/2022
1/31/2021
1/31/2020
1/31/2019
1/31/2018
Revenues31,35226,49221,25217,09813,28210,480
Revenue, net10,480
Cost of revenue
(Cost of Goods and Services Sold)
(8,360)(7,026)(5,438)(4,235)(3,451)(2,774)
Gross profit:22,99219,46615,81412,8639,8317,706
Operating expenses(21,962)(18,918)(15,359)(12,566)(9,296)(7,471)
Operating income:1,030548455297535236
Nonoperating income (expense)(370)9842,106(18)60253
Investment income, nonoperating(239)1,2112,170 59936
Other nonoperating income (expense)(131)(227)(64)(18)317
Interest and debt expense(10)(5)(15)(20)(154)(87)
Other undisclosed income from continuing operations before equity method investments, income taxes   15447  
Income from continuing operations before equity method investments, income taxes:6501,5272,561706983202
Other undisclosed income from continuing operations before income taxes105    
Income from continuing operations before income taxes:6601,5322,561706983202
Income tax expense (benefit)(452)(88)1,511(580)127(75)
Income from continuing operations:2081,4444,0721261,110127
Income before gain (loss) on sale of properties:1,4444,0721261,110127
Net income available to common stockholders, diluted:2081,4444,0721261,110127

Comprehensive Income ($ in millions)

1/31/2024
1/31/2023
1/31/2022
1/31/2021
1/31/2020
1/31/2019
1/31/2018
Net income:2081,4444,0721261,110127
Other comprehensive income (loss)     (39)49
Comprehensive income:2081,4444,0721261,071176
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(108)(124)51(35)  
Comprehensive income, net of tax, attributable to parent:1001,3204,123911,071176

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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