Earnings quality
Compare earnings and operating cash flow for earnings quality.
Salesforce, Inc.
Ticker CRM · 🇺🇸 United States · Consolidated US GAAP · amounts in dollars
Filed 2026-03-02 · Period end 2026-01-31
Takeaway
Worth trackingSales and operating profit both moved in a healthier direction.
operating margin is 20.1%; equity ratio is 52.7%.
Sales and operating profit moved together — keep watching margins and whether the trend persists next period.
ActionWorth tracking
OP margin20.1%
Equity ratio52.7%
Last priceUSD 242.43
Trailing P/E30.9×
Look at next
- Compare operating cash flow to reported profit across the last two years.
- Open English IR for management commentary on outlook and capital allocation.
- Overlay peers on Compare before judging relative momentum.
About the company
Salesforce, Inc. is a US-listed company with consolidated financial statements filed on SEC EDGAR.
Compare trends
Tel 415-901-7000 · As of filing date 2026-03-02
Financial statements
Income statement
| Account | FY2025 (ended Jan 31, 2025) | FY2026 (ended Jan 31, 2026) |
|---|---|---|
| Revenue | $37.9B | $41.5B |
| Cost of sales* | $8.6B | $9.3B |
| Gross profit | $29.3B | $32.3B |
| Operating profit | $7.2B | $8.3B |
| Income tax | $1.2B | $2.1B |
| Net income | $6.2B | $7.5B |
| Basic EPS | 6.44 | 7.85 |
Balance sheet
| Account | FY2025 (ended Jan 31, 2025) | FY2026 (ended Jan 31, 2026) |
|---|---|---|
| Cash & equivalents | $8.8B | $7.3B |
| Current assets | $29.7B | $28.2B |
| Non-current assets* | $73.2B | $84.1B |
| Total assets | $102.9B | $112.3B |
| Current liabilities | $28.0B | $37.1B |
| Non-current liabilities* | $13.8B | $16.0B |
| Total liabilities | $41.8B | $53.2B |
| Stockholders’ equity | $61.2B | $59.1B |
Cash flow statement
| Account | FY2025 (ended Jan 31, 2025) | FY2026 (ended Jan 31, 2026) |
|---|---|---|
| Operating cash flow | $13.1B | $15.0B |
| Investing cash flow | -$3.2B | -$8.6B |
| Financing cash flow | -$9.4B | -$8.1B |
| Cash at end of period | $8.8B | $7.3B |
Five-year trends
Key metrics
| Metric | Trend | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|
| Revenue | $26.5B | $31.4B | $34.9B | $37.9B | $41.5B | |
| Operating profit | $548.0M | $1.0B | $5.0B | $7.2B | $8.3B | |
| Net income | $1.4B | $208.0M | $4.1B | $6.2B | $7.5B | |
| Total assets | $95.2B | $98.8B | $99.8B | $102.9B | $112.3B | |
| Cash & equivalents | $5.5B | $7.0B | $8.5B | $8.8B | $7.3B | |
| Stockholders’ equity | $58.1B | $58.4B | $59.6B | $61.2B | $59.1B |
How we read these numbers
From the notes
No material one-offs extracted from this filing.
Constructive
Sales and operating profit both moved in a healthier direction.
On the income statement, revenue moved from $37.9B to $41.5B (▲ +9.6%). Operating profit went from $7.2B to $8.3B (▲ +15.6%).
Operating cash flow was $15.0B (prior $13.1B), with cash on the balance sheet at $7.3B versus $8.8B.
Liquidity & leverage
Cash moved from $8.8B to $7.3B; current liabilities $37.1B.
Capital buffer
Stockholders’ equity moved from $61.2B to $59.1B.
Was this page helpful?
Source: SEC EDGAR 0001108524-26-000060
(Salesforce, Inc.), period end 2026-01-31.