C

Salesforce, Inc.

CRM · CIK 0001108524

19 fiscal years · 71 SEC filings · every number carries its receipt

Revenue (FY)
$41.52B9.6%
FY2025
Net income (FY)
$7.46B20.3%
FY2025
Free cash flow (FY)
$14.40B15.8%
FY2025
Diluted EPS (FY)
$7.8022.6%
FY2025
The story, charted

The shape of the business

FY2007–FY2025 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$20B$40BFY2007 · Revenue $748.7M · Net income $18.4M · 0001193125-10-053838 · filed 2010-03-11FY07Revenue $748.7MNet income $18.4M0001193125-10-053838 · filed 2010-03-11FY2008 · Revenue $1.08B · Net income $43.4M · 0001193125-11-075314 · filed 2011-03-23FY08Revenue $1.08BNet income $43.4M0001193125-11-075314 · filed 2011-03-23FY2009 · Revenue $1.31B · Net income $80.7M · 0001193125-12-107281 · filed 2012-03-09FY09Revenue $1.31BNet income $80.7M0001193125-12-107281 · filed 2012-03-09FY2010 · Revenue $1.66B · Net income $64.5M · 0001193125-13-098852 · filed 2013-03-08FY10Revenue $1.66BNet income $64.5M0001193125-13-098852 · filed 2013-03-08FY2011 · Revenue $2.27B · Net income −$11.6M · 0001193125-14-084762 · filed 2014-03-05FY11Revenue $2.27BNet income −$11.6M0001193125-14-084762 · filed 2014-03-05FY2012 · Revenue $3.05B · Net income −$270.4M · 0001193125-14-084762 · filed 2014-03-05 · 0001108524-15-000008 · filed 2015-03-06FY12Revenue $3.05BNet income −$270.4M0001193125-14-084762 · filed 2014-03-05 · 0001108524-15-000008 · filed 2015-03-06FY2013 · Revenue $4.07B · Net income −$232.2M · 0001108524-15-000008 · filed 2015-03-06 · 0001108524-16-000053 · filed 2016-03-07FY13Revenue $4.07BNet income −$232.2M0001108524-15-000008 · filed 2015-03-06 · 0001108524-16-000053 · filed 2016-03-07FY2014 · Revenue $5.37B · Net income −$262.7M · 0001108524-16-000053 · filed 2016-03-07 · 0001108524-17-000006 · filed 2017-03-06FY14Revenue $5.37BNet income −$262.7M0001108524-16-000053 · filed 2016-03-07 · 0001108524-17-000006 · filed 2017-03-06FY2015 · Revenue $6.67B · Net income −$47.4M · 0001108524-17-000006 · filed 2017-03-06 · 0001108524-18-000011 · filed 2018-03-09FY15Revenue $6.67BNet income −$47.4M0001108524-17-000006 · filed 2017-03-06 · 0001108524-18-000011 · filed 2018-03-09FY2016 · Revenue $8.44B · Net income $323.0M · 0001108524-19-000009 · filed 2019-03-08FY16Revenue $8.44BNet income $323.0M0001108524-19-000009 · filed 2019-03-08FY2017 · Revenue $10.54B · Net income $360.0M · 0001108524-20-000014 · filed 2020-03-05FY17Revenue $10.54BNet income $360.0M0001108524-20-000014 · filed 2020-03-05FY2018 · Revenue $13.28B · Net income $1.11B · 0001108524-21-000014 · filed 2021-03-17FY18Revenue $13.28BNet income $1.11B0001108524-21-000014 · filed 2021-03-17FY2019 · Revenue $17.10B · Net income $126.0M · 0001108524-22-000013 · filed 2022-03-11FY19Revenue $17.10BNet income $126.0M0001108524-22-000013 · filed 2022-03-11FY2020 · Revenue $21.25B · Net income $4.07B · 0001108524-23-000011 · filed 2023-03-08FY20Revenue $21.25BNet income $4.07B0001108524-23-000011 · filed 2023-03-08FY2021 · Revenue $26.49B · Net income $1.44B · 0001108524-24-000005 · filed 2024-03-06FY21Revenue $26.49BNet income $1.44B0001108524-24-000005 · filed 2024-03-06FY2022 · Revenue $31.35B · Net income $208.0M · 0001108524-25-000006 · filed 2025-03-05FY22Revenue $31.35BNet income $208.0M0001108524-25-000006 · filed 2025-03-05FY2023 · Revenue $34.86B · Net income $4.14B · 0001108524-26-000060 · filed 2026-03-02FY23Revenue $34.86BNet income $4.14B0001108524-26-000060 · filed 2026-03-02FY2024 · Revenue $37.90B · Net income $6.20B · 0001108524-26-000060 · filed 2026-03-02FY24Revenue $37.90BNet income $6.20B0001108524-26-000060 · filed 2026-03-02FY2025 · Revenue $41.52B · Net income $7.46B · 0001108524-26-000060 · filed 2026-03-02FY25Revenue $41.52BNet income $7.46B0001108524-26-000060 · filed 2026-03-02FY25Revenue $41.52BNet income $7.46B0001108524-26-000060 · filed 2026-03-02FY07FY10FY13FY16FY19FY22FY25

revenue 55.5× since FY2007 · net margin 2.5% → 18.0%

MarginsNet marginFCF margin
0%20%FY2007 · Net margin 2.5% · FCF margin 21.5%FY07Net margin 2.5%FCF margin 21.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2008 · Net margin 4.0% · FCF margin 15.6%FY08Net margin 4.0%FCF margin 15.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2009 · Net margin 6.2% · FCF margin 17.0%FY09Net margin 6.2%FCF margin 17.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2010 · Net margin 3.9% · FCF margin 22.2%FY10Net margin 3.9%FCF margin 22.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2011 · Net margin -0.5% · FCF margin 19.4%FY11Net margin -0.5%FCF margin 19.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2012 · Net margin -8.9% · FCF margin 18.4%FY12Net margin -8.9%FCF margin 18.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2013 · Net margin -5.7% · FCF margin 14.2%FY13Net margin -5.7%FCF margin 14.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2014 · Net margin -4.9% · FCF margin 16.6%FY14Net margin -4.9%FCF margin 16.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2015 · Net margin -0.7% · FCF margin 20.8%FY15Net margin -0.7%FCF margin 20.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2016 · Net margin 3.8% · FCF margin 20.1%FY16Net margin 3.8%FCF margin 20.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2017 · Net margin 3.4% · FCF margin 20.9%FY17Net margin 3.4%FCF margin 20.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2018 · Net margin 8.4% · FCF margin 21.1%FY18Net margin 8.4%FCF margin 21.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2019 · Net margin 0.7% · FCF margin 21.6%FY19Net margin 0.7%FCF margin 21.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2020 · Net margin 19.2% · FCF margin 19.2%FY20Net margin 19.2%FCF margin 19.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2021 · Net margin 5.5% · FCF margin 19.9%FY21Net margin 5.5%FCF margin 19.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2022 · Net margin 0.7% · FCF margin 20.1%FY22Net margin 0.7%FCF margin 20.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2023 · Net margin 11.9% · FCF margin 27.2%FY23Net margin 11.9%FCF margin 27.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2024 · Net margin 16.4% · FCF margin 32.8%FY24Net margin 16.4%FCF margin 32.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2025 · Net margin 18.0% · FCF margin 34.7%FY25Net margin 18.0%FCF margin 34.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY25Net margin 18.0%FCF margin 34.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenue’09’13’17’21’25

FY2025: net 18.0% · free cash flow 34.7% of revenue

Cash engineOperating cash flowFree cash flow
$0$5B$10B$15BFY2007 · OCF $204.3M · FCF $160.7M · 0001193125-10-053838 · filed 2010-03-11FY07OCF $204.3MFCF $160.7M0001193125-10-053838 · filed 2010-03-11FY2008 · OCF $229.6M · FCF $168.5M · 0001193125-11-075314 · filed 2011-03-23FY08OCF $229.6MFCF $168.5M0001193125-11-075314 · filed 2011-03-23FY2009 · OCF $270.9M · FCF $221.4M · 0001193125-12-107281 · filed 2012-03-09FY09OCF $270.9MFCF $221.4M0001193125-12-107281 · filed 2012-03-09FY2010 · OCF $459.1M · FCF $368.2M · 0001193125-13-098852 · filed 2013-03-08FY10OCF $459.1MFCF $368.2M0001193125-13-098852 · filed 2013-03-08FY2011 · OCF $591.5M · FCF $439.9M · 0001193125-14-084762 · filed 2014-03-05FY11OCF $591.5MFCF $439.9M0001193125-14-084762 · filed 2014-03-05FY2012 · OCF $736.9M · FCF $561.3M · 0001108524-15-000008 · filed 2015-03-06FY12OCF $736.9MFCF $561.3M0001108524-15-000008 · filed 2015-03-06FY2013 · OCF $875.5M · FCF $576.4M · 0001108524-16-000053 · filed 2016-03-07FY13OCF $875.5MFCF $576.4M0001108524-16-000053 · filed 2016-03-07FY2014 · OCF $1.18B · FCF $891.0M · 0001108524-17-000006 · filed 2017-03-06FY14OCF $1.18BFCF $891.0M0001108524-17-000006 · filed 2017-03-06FY2015 · OCF $1.67B · FCF $1.39B · 0001108524-18-000011 · filed 2018-03-09FY15OCF $1.67BFCF $1.39B0001108524-18-000011 · filed 2018-03-09FY2016 · OCF $2.16B · FCF $1.70B · 0001108524-19-000009 · filed 2019-03-08FY16OCF $2.16BFCF $1.70B0001108524-19-000009 · filed 2019-03-08FY2017 · OCF $2.74B · FCF $2.20B · 0001108524-20-000014 · filed 2020-03-05FY17OCF $2.74BFCF $2.20B0001108524-20-000014 · filed 2020-03-05FY2018 · OCF $3.40B · FCF $2.80B · 0001108524-21-000014 · filed 2021-03-17FY18OCF $3.40BFCF $2.80B0001108524-21-000014 · filed 2021-03-17FY2019 · OCF $4.33B · FCF $3.69B · 0001108524-22-000013 · filed 2022-03-11FY19OCF $4.33BFCF $3.69B0001108524-22-000013 · filed 2022-03-11FY2020 · OCF $4.80B · FCF $4.09B · 0001108524-23-000011 · filed 2023-03-08FY20OCF $4.80BFCF $4.09B0001108524-23-000011 · filed 2023-03-08FY2021 · OCF $6.00B · FCF $5.28B · 0001108524-24-000005 · filed 2024-03-06FY21OCF $6.00BFCF $5.28B0001108524-24-000005 · filed 2024-03-06FY2022 · OCF $7.11B · FCF $6.31B · 0001108524-25-000006 · filed 2025-03-05FY22OCF $7.11BFCF $6.31B0001108524-25-000006 · filed 2025-03-05FY2023 · OCF $10.23B · FCF $9.50B · 0001108524-26-000060 · filed 2026-03-02FY23OCF $10.23BFCF $9.50B0001108524-26-000060 · filed 2026-03-02FY2024 · OCF $13.09B · FCF $12.43B · 0001108524-26-000060 · filed 2026-03-02FY24OCF $13.09BFCF $12.43B0001108524-26-000060 · filed 2026-03-02FY2025 · OCF $15.00B · FCF $14.40B · 0001108524-26-000060 · filed 2026-03-02FY25OCF $15.00BFCF $14.40B0001108524-26-000060 · filed 2026-03-02FY25OCF $15.00BFCF $14.40B0001108524-26-000060 · filed 2026-03-02’09’13’17’21’25

FY2025: $15.00B operating cash − $594.0M capex = $14.40B free cash flow

Returns on capitalReturn on equityReturn on assets
-10%0%10%FY2008 · ROE 6.5% · ROA 2.9%FY08ROE 6.5%ROA 2.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2009 · ROE 7.7% · ROA 3.3%FY09ROE 7.7%ROA 3.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2010 · ROE 5.1% · ROA 2.1%FY10ROE 5.1%ROA 2.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2011 · ROE -0.7% · ROA -0.3%FY11ROE -0.7%ROA -0.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2012 · ROE -11.7% · ROA -4.9%FY12ROE -11.7%ROA -4.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2013 · ROE -7.6% · ROA -2.5%FY13ROE -7.6%ROA -2.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2014 · ROE -6.6% · ROA -2.5%FY14ROE -6.6%ROA -2.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2015 · ROE -0.9% · ROA -0.4%FY15ROE -0.9%ROA -0.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2016 · ROE 4.3% · ROA 1.8%FY16ROE 4.3%ROA 1.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2017 · ROE 3.5% · ROA 1.6%FY17ROE 3.5%ROA 1.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2018 · ROE 7.1% · ROA 3.6%FY18ROE 7.1%ROA 3.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2019 · ROE 0.4% · ROA 0.2%FY19ROE 0.4%ROA 0.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2020 · ROE 9.8% · ROA 6.1%FY20ROE 9.8%ROA 6.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2021 · ROE 2.5% · ROA 1.5%FY21ROE 2.5%ROA 1.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2022 · ROE 0.4% · ROA 0.2%FY22ROE 0.4%ROA 0.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2023 · ROE 6.9% · ROA 4.1%FY23ROE 6.9%ROA 4.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2024 · ROE 10.1% · ROA 6.0%FY24ROE 10.1%ROA 6.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2025 · ROE 12.6% · ROA 6.6%FY25ROE 12.6%ROA 6.6%derived: net income ÷ equity · derived: net income ÷ assetsFY25ROE 12.6%ROA 6.6%derived: net income ÷ equity · derived: net income ÷ assets’09’13’17’21’25

return on equity 6% (FY2008) → 13% (FY2025) · on assets 6.6%

Balance sheetLiabilitiesEquity
$0$50B$100BFY2008 · Liabilities $797.3M · Equity $671.8MFY08Liabilities $797.3MEquity $671.8M0001193125-10-053838 · filed 2010-03-11FY2009 · Liabilities $1.40B · Equity $1.04BFY09Liabilities $1.40BEquity $1.04B0001193125-11-075314 · filed 2011-03-23FY2010 · Liabilities $1.81B · Equity $1.28BFY10Liabilities $1.81BEquity $1.28B0001193125-12-107281 · filed 2012-03-09 · 0001193125-11-075314 · filed 2011-03-23FY2011 · Liabilities $2.50B · Equity $1.59BFY11Liabilities $2.50BEquity $1.59B0001193125-13-098852 · filed 2013-03-08FY2012 · Liabilities $3.16B · Equity $2.32BFY12Liabilities $3.16BEquity $2.32B0001193125-14-084762 · filed 2014-03-05FY2013 · Liabilities $6.09B · Equity $3.04BFY13Liabilities $6.09BEquity $3.04B0001108524-15-000008 · filed 2015-03-06FY2014 · Liabilities $6.69B · Equity $3.98BFY14Liabilities $6.69BEquity $3.98B0001108524-16-000053 · filed 2016-03-07FY2015 · Liabilities $7.76B · Equity $5.00BFY15Liabilities $7.76BEquity $5.00B0001108524-17-000006 · filed 2017-03-06FY2016 · Liabilities $10.08B · Equity $7.50BFY16Liabilities $10.08BEquity $7.50B0001108524-18-000011 · filed 2018-03-09FY2017 · Liabilities $11.61B · Equity $10.38BFY17Liabilities $11.61BEquity $10.38B0001108524-19-000009 · filed 2019-03-08FY2018 · Liabilities $15.13B · Equity $15.61BFY18Liabilities $15.13BEquity $15.61B0001108524-20-000014 · filed 2020-03-05FY2019 · Liabilities $21.24B · Equity $33.88BFY19Liabilities $21.24BEquity $33.88B0001108524-21-000014 · filed 2021-03-17FY2020 · Liabilities $24.81B · Equity $41.49BFY20Liabilities $24.81BEquity $41.49B0001108524-22-000013 · filed 2022-03-11FY2021 · Liabilities $37.08B · Equity $58.13BFY21Liabilities $37.08BEquity $58.13B0001108524-23-000011 · filed 2023-03-08FY2022 · Liabilities $40.49B · Equity $58.36BFY22Liabilities $40.49BEquity $58.36B0001108524-24-000005 · filed 2024-03-06FY2023 · Liabilities $40.18B · Equity $59.65BFY23Liabilities $40.18BEquity $59.65B0001108524-25-000006 · filed 2025-03-05FY2024 · Liabilities $41.76B · Equity $61.17BFY24Liabilities $41.76BEquity $61.17B0001108524-26-000060 · filed 2026-03-02FY2025 · Liabilities $53.16B · Equity $59.14BFY25Liabilities $53.16BEquity $59.14B0001108524-26-000060 · filed 2026-03-02FY25Liabilities $53.16BEquity $59.14B0001108524-26-000060 · filed 2026-03-02’09’13’17’21’25

FY2025: $112.31B assets · $53.16B liabilities · $59.14B equity

The receipts

Financial statements

USD in millions except per-share and share counts. Every value links to the filing it came from — hover for the us-gaap tag, click for the 10-K/10-Q on sec.gov.

Figures as reported in SEC filings, normalized by stonks with the tag mapping shown on hover; missing tags render as “—”, never as zero. Free cash flow is derived (operating cash flow − capex) with both parents recorded in its lineage. Quarterly view shows as-reported 10-Q periods; Q4 synthesis ships in Phase 1. See methodology.