Stocks Technology CRM
NYSE · TechnologySalesforce, Inc. (CRM)
Salesforce, Inc. brought in $43.9B of revenue over the twelve months to July 31, 2026, up 11.2% from a year earlier. Net income was $9.7B, a net margin of 22.0%. Operating cash flow minus capital spending left $14.4B of free cash flow in fiscal 2025. At July 31, 2026 it held $8.3B in cash against $39.3B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 27, 2026.
Key facts about Salesforce, Inc.
- Net worth
- Salesforce, Inc. has a market value (market cap) of $191.6B at the latest share price, and shareholders' equity of $38.4B on its balance sheet at July 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $41.5B (+9.6% year on year), with net income of $7.5B. Over the 12 months to July 31, 2026: revenue $43.9B, net income $9.7B.
- Cash flow
- In fiscal 2025 operations brought in $15B of cash; after $594M of capital spending, free cash flow was $14.4B.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 27, 2026 and covers the period to July 31, 2026. Open on SEC EDGAR
- Next earnings report
- Salesforce, Inc.'s next report is expected around December 2, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
What Salesforce, Inc. does
Salesforce develops cloud-based enterprise software focused on customer relationship management. The company provides subscription software applications for sales tracking, customer support, marketing automation, data analytics, and team collaboration. Businesses of all sizes purchase its software subscriptions to manage customer interactions and operational data. Its shares trade on NYSE under the ticker CRM.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $41.5B | $7.5B | $7.80 | $14.4B |
| 2025 | $37.9B | $6.2B | $6.36 | $12.4B |
| 2024 | $34.9B | $4.1B | $4.20 | $9.5B |
| 2023 | $31.4B | $208M | $0.21 | $6.3B |
| 2022 | $26.5B | $1.4B | $1.48 | $5.3B |
| 2020 | $21.3B | $4.1B | $4.38 | $4.1B |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where CRM ranks in Technology
Dividends
It paid out $1.6B in cash dividends, 21% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | n/a | $1.6B | 21% |
| 2025 | n/a | $1.5B | 25% |
| 2024 | n/a | $0 | 0% |
| 2023 | n/a | $0 | 0% |
Latest SEC filings
What Salesforce, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 17, 2026
- September 11, 2026
- September 4, 2026
- September 1, 2026
- August 27, 2026Quarterly report 10-Q · period to July 31, 2026Revenue rose 11% to $11.3B versus the same quarter last year; diluted EPS $4.29 versus $1.96.
- August 26, 2026
- August 5, 2026
- June 2, 2026
- June 1, 2026
- June 1, 2026
What is CRM worth? A DCF from its reported cash flow
Insider trades
What the people running Salesforce, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $999.5K and sold $1.2M worth of shares in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 22, 2026 | Milano MiguelPresident and COO | Exercised options | 1,015 | - |
| September 22, 2026 | Milano MiguelPresident and COO | Shares withheld for tax | 400 | $93.3K |
| September 22, 2026 | Milano MiguelPresident and COO | Exercised options | 1,526 | - |
| September 22, 2026 | Milano MiguelPresident and COO | Shares withheld for tax | 601 | $140.2K |
| September 22, 2026 | Niles SabastianPresident and CLO | Exercised options | 1,015 | - |
| September 22, 2026 | Niles SabastianPresident and CLO | Shares withheld for tax | 562 | $131.1K |
| September 22, 2026 | Niles SabastianPresident and CLO | Exercised options | 1,017 | - |
| September 22, 2026 | Niles SabastianPresident and CLO | Shares withheld for tax | 563 | $131.3K |
Who owns CRM
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Capital Management13G, passive | 7.42% | April 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 2,476 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 72,748,909 | -6,942,275 |
| Vanguard Capital Management LLC | 52,065,228 | -7,268,548 |
| State Street Corp | 44,869,478 | -4,083,910 |
| Morgan Stanley | 23,311,316 | -8,364,287 |
| Geode Capital Management, LLC | 19,814,297 | -2,410,860 |
| Harris Associates L P | 16,151,269 | +1,233,276 |
| Vanguard Portfolio Management LLC | 16,104,722 | -3,314,685 |
| First Eagle Investment Management, LLC | 14,612,068 | +8,479,504 |
| Arrowstreet Capital, Limited Partnership | 13,278,612 | +619,395 |
| Bank of America Corp | 12,218,090 | +493,300 |
| Capital Research Global Investors | 11,742,835 | -1,962,729 |
| Jpmorgan Chase & Co | 10,440,961 | +5,419,231 |
| Sanders Capital, LLC | 9,615,354 | +83,051 |
| Fmr LLC | 9,381,826 | -504,739 |
| Northern Trust Corp | 8,994,463 | -1,247,937 |
| Norges Bank | 8,844,418 | new |
| Capital World Investors | 8,687,365 | -8,024,160 |
| Capital International Investors | 8,152,033 | -4,472,425 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 7,953,999 | -917,304 |
| Ameriprise Financial Inc | 6,734,189 | -1,134,726 |
Insiders
18 insiders reported holding 16,287,585 shares in total, about $3.81B at the last price.
| Holder | Shares |
|---|---|
| Benioff MarcChair and CEO, Director | 11,934,486 |
| Morfit G MasonDirector | 2,994,5092,994,509 held indirectly |
| Harris ParkerCo-Founder and CTO, Slack, Director | 1,079,555914,987 held indirectly |
| Tallapragada SrinivasChief Eng/Cust Success Officer | 71,067 |
| Washington Robin LPresident and COFO, Director | 49,750 |
| Milano MiguelPresident and COO | 33,759 |
| Niles SabastianPresident and CLO | 19,071 |
| Kirk David BlairDirector | 18,748 |
| Roos John VictorDirector | 17,289 |
| Munoz OscarDirector | 13,990 |
Questions about CRM
What does Salesforce, Inc. do?
Salesforce develops cloud-based enterprise software focused on customer relationship management. The company provides subscription software applications for sales tracking, customer support, marketing automation, data analytics, and team collaboration. Businesses of all sizes purchase its software subscriptions to manage customer interactions and operational data. Its shares trade on NYSE under the ticker CRM.
What is Salesforce, Inc.'s net worth?
Salesforce, Inc. has a market value (market cap) of $191.6B at the latest share price, and shareholders' equity of $38.4B on its balance sheet at July 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Salesforce, Inc. profitable?
Yes. Over the twelve months to July 31, 2026 it reported net income of $9.7B on revenue of $43.9B, a net margin of 22.0%.
How much revenue does Salesforce, Inc. make?
Over the twelve months to July 31, 2026 Salesforce, Inc. reported revenue of $43.9B. That is 11.2% more than a year earlier.
When did Salesforce, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 27, 2026. It covers the period to July 31, 2026. Its newest filing of any kind is the insider trade from September 23, 2026.
When is Salesforce, Inc.'s next earnings report?
Salesforce, Inc.'s next report is expected around December 2, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Salesforce, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.