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Salesforce, Inc.CRM

Industry
Services-Prepackaged Software
Exchange
NYSE

Stock Price $CRM

You are here#27 of 67 in Technology by market cap

Filing record · 2016–202610-K1110-Q328-K144

CRM filed 11 annual reports (10-K), 32 quarterly reports (10-Q) and 144 current reports (8-K) between 2016 and 2026.

  1. FY2017 annual report10-K · Mar ’17Mar ’17
  2. Deal closed8-K · Aug ’19Aug ’19
  3. Leadership change8-K · Aug ’21Aug ’21
  4. Leadership change8-K · Jul ’25Jul ’25
Source: 10-KFY2026
Source: 10-KFY2026
Source: 10-KFY2026
Source: 10-KFY2026

Revenue Trend

Year-over-year comparison from 10-K annual reports

  1. $41.52B
YoY changeLargest recent move+28.7%in FY20Latest +9.6%

Latest bar from 10-KFY2026Click a bar to open its SEC filing

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Salesforce, Inc. Financial Overview 2022–2026

Updated Jul 10, 2026

Salesforce transformed its profitability profile by expanding its operating margin to 20%a in FY2026, proving the software giant can squeeze massive cash flow from its enterprise footprint. This margin discipline, paired with resilient top-line expansion and aggressive capital returns, underscores a definitive pivot from growth-at-all-costs to ruthless shareholder value creation.

The company’s top line grew from $26.5 billion in FY2022 to $41.5 billionb in FY2026, sustained by sticky relationships and strategic data acquisitions. Subscription and support revenues now account for 95% of total sales, a recurring revenue engine that generated $15.0 billion in operating cash flow during FY2026. Future visibility is equally concrete, with remaining performance obligations swelling to $72.4 billion by the end of FY2026. Expanding its artificial intelligence capabilities, the company deployed $9.6 billion to acquire Informatica in November 2025, entrenching its platform deeper into daily enterprise workflows.

At the close of FY2025, the market heavily rewarded this operational turnaround, valuing the stock at $341.70c with a $328.7 billion market cap and a premium 53.7x P/E ratio. However, by the end of FY2026, shares retraced to close at $212.29, even as diluted earnings per share climbed to $7.80. Management aggressively responded to this valuation dynamic by initiating a massive $25 billion debt-funded accelerated share repurchase program in early FY2027, signaling absolute confidence in its ongoing cash-generation machine.

Recent Developments (Q4 2026 and Q1 2027)

Salesforce generated $11.1 billiond in total revenue during Q1 2027, a 13% year-over-year increase. Operating margins expanded to 21%. Diluted net income per share grew to $2.42 from $1.59 in the prior year period. The company expanded its artificial intelligence infrastructure by acquiring Qualified.com for $1.2 billion in cash. Management issued over $30 billion in senior notes with interest rates between 4.500% and 6.700%. This issuance increased total noncurrent debt to $39.3 billion.

Bulls will argue the stock is cheaply valued relative to recent earnings, trading at 27.7x earnings as of the May 28, 2026 report date alongside $6.7 billione in Q1 2027 operating cash flow. Bears will counter that the $39.3 billion debt load introduces direct balance sheet risk if software sales decelerate.

What to watch: revenue contributions from the Qualified.com acquisition; financial transitions under new Chief Accounting Officer Guy Wanger.

Recent SEC Filings

  1. 8-KSalesforce, Inc. 8-K Report, Regulation FD Disclosure (Sep 17, 2026)Salesforce, Inc. (CRM) has filed an 8-K report on September 17, 2026, primarily to disclose an investor presentation used during their Investor Day event on September 16, 2026. This presentation contains forward-looking statements related to the Company's financial performance, guidance, growth targets, projections, market opportunity, competitive position, and economic model. Investors should review this presentation for insights into the company's future outlook and strategic direction. The filing explicitly states that the information presented is not deemed "filed" under Section 18 of the Exchange Act, nor is it incorporated by reference into other SEC filings. This is standard practice for such investor day materials. However, the forward-looking statements themselves are subject to risks and uncertainties, and actual results could differ materially. Investors are advised to consult Salesforce's other SEC filings for a comprehensive understanding of these risks.
  2. 8-KSalesforce, Inc. 8-K Report, Executive Changes (Sep 4, 2026)Salesforce, Inc. (CRM) announced on September 4, 2026, through an 8-K filing, the establishment of the Salesforce, Inc. Executive Deferred Compensation Plan, approved by the Compensation Committee on September 2, 2026. This plan allows eligible executive officers and employees to defer a portion of their base salary and annual performance bonuses, offering flexibility in compensation management for both the company and its top talent. Key features include the ability for participants to defer up to 75% of base salary and 90% of annual bonuses, with options for investment in notional funds. Importantly, there is no employer match, though discretionary contributions are possible. Distributions can be made as a lump sum or installments, based on participant elections. The company's obligations are general unsecured and unfunded, with potential for a rabbi trust, emphasizing that assets remain subject to creditor claims in insolvency.
  3. 8-KSalesforce, Inc. 8-K Report, Financial Results (Aug 26, 2026)Salesforce, Inc. (CRM) has filed an 8-K report on August 26, 2026, announcing its financial results for the fiscal quarter ended July 31, 2026. The core of this filing is the press release (Exhibit 99.1) detailing the company's performance, which is crucial for investors to assess recent operational success and financial health. While the full details of the financial performance are within the attached press release, this 8-K serves as the official notification of their release and is a key document for tracking the company's progress against expectations and market trends. Investors should carefully review the attached press release for specific figures regarding revenue, profitability, earnings per share (EPS), and any forward-looking guidance provided by Salesforce. This information will be instrumental in evaluating the company's growth trajectory, its ability to manage costs, and its overall strategic direction in the competitive cloud-based software market. The filing also includes the cover page XBRL data for enhanced data analysis capabilities.
  4. 8-KSalesforce, Inc. 8-K Report, Executive Changes (Aug 5, 2026)Salesforce, Inc. (CRM) announced a significant leadership change with the departure of Srini Tallapragada from his executive roles as President and Chief Engineering and Customer Success Officer, effective August 6, 2026. While stepping down from his operational responsibilities, Mr. Tallapragada will transition to a Special Advisor role to the Chief Executive Officer, extending through August 6, 2027. This advisory position is intended to facilitate a smooth handover of his extensive duties, focusing on critical areas such as product, technology, innovation, business development, and customer relations. Investors should note that Mr. Tallapragada's transition is structured under a formal agreement that outlines his compensation and equity vesting during the one-year advisory period. His cash compensation will consist of his current salary and annual bonus until January 31, 2027, after which it will be prorated at $75,000 per year. Existing equity awards will continue to vest as scheduled. The agreement also includes standard provisions such as a release of claims by Mr. Tallapragada and a reaffirmation of his intellectual property obligations, indicating a structured and amicable separation from his executive duties.
  5. 8-KSalesforce, Inc. 8-K Report, Executive Changes (Jun 2, 2026)Salesforce, Inc. (CRM) announced the appointment of Guy Wanger as its new Chief Accounting Officer and principal accounting officer, effective June 15, 2026. Mr. Wanger brings a wealth of experience, notably his extensive tenure at Ernst & Young LLP (EY), where he served as Audit Partner for over two decades and previously acted as Salesforce's Lead Audit Engagement Partner from 2016 to 2021. His background also includes a recent role as Partner at WilliamsMarston LLC and a Chief Administrative Officer position at C3 AI, indicating a strong foundation in financial oversight and operations within the technology sector. This appointment is significant as it brings a seasoned accounting professional with direct prior knowledge of Salesforce's audit processes into a critical leadership role. Investors should note the comprehensive compensation package for Mr. Wanger, which includes a substantial base salary, bonus target, a $2 million sign-on bonus, and a $9 million equity award vesting over four years. This package reflects the importance of the role and aims to attract and retain experienced talent. The filing also confirms no undisclosed arrangements or conflicts of interest concerning Mr. Wanger's appointment.
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