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Salesforce Inc.
CRMTechnologyGenerated Sep 5, 2026, 12:58 PM UTC
CRM (Salesforce Inc.) analytical snapshot. Revenue grew +9.6% YoY to $41.52B. 5-year revenue CAGR +9.4%; 10y CAGR +19.4%. Net margin at 17.96% (expanding ▲). Market cap $213.35B at $259.23 per share. Trailing P/E 33.23, P/S 5.14, P/B 5.56. EV/Operating income ≈ 29.33 (EV $244.32B). Risk: Elevated. Macro: Risk-on · Supportive. Composite analytical score 23 (data confidence 83%). Descriptive analytics from public filings — not investment advice.
Market cap
$213.35B
823.00M shares
Price
$259.23
NYQ
P/E (ttm)
33.23
Revenue (FY)
$41.52B
YoY +9.6%
Net margin
17.96%
▲ 17.29pp
Free cash flow
$14.40B
34.68% margin
Risk level
Elevated
Free SEC analysis
— computed from SEC filings, free to readFree previewRegulatory Analyst
Filings & Ownership
Regulatory Analyst
score 0Stable
80% conf
Latest annual report (10-K) filed Mar 2, 2026. Latest quarterly report (10-Q) filed Aug 27, 2026. 12 recent 8-K material-event filings in the index.
- Latest annual report (10-K) filed Mar 2, 2026.
- Latest quarterly report (10-Q) filed Aug 27, 2026.
- 12 recent 8-K material-event filings in the index.
- Recent insider Form 4s: 0 buy vs 2 sell transactions — net selling $1.2M.
- ~10,000+ recent 13F-HR filings reference Salesforce Inc.; broad institutional reporting.
- Recent filers include Rokos Capital Management LLP, Rokos Capital Management LLP, Oribel Capital Management, LP.
- 1 recent 13D activist/beneficial-ownership filings — potential catalyst.
- 7 recent 13G passive institutional ownership notices.
Latest 10-K
Mar 2, 2026
Annual report
Latest 10-Q
Aug 27, 2026
8-K (recent)
12
Insider net
-$1.2M
0B/2S
13F filers
10k+
Activist 13D
1
Recent 13F institutional filers (SEC EDGAR full-text)
| Filer | Form | Filed |
|---|---|---|
| Rokos Capital Management LLP | 13F-HR | Nov 14, 2025 |
| Rokos Capital Management LLP | 13F-HR | Aug 14, 2025 |
| Oribel Capital Management, LP | 13F-HR | Aug 15, 2022 |
| Mizuho Markets Cayman LP | 13F-HR | May 10, 2024 |
| Oribel Capital Management, LP | 13F-HR | May 15, 2024 |
Recent insider Form 4 activity
| Insider | Date | Net | Buys/Sells |
|---|---|---|---|
| Conway Craig | Sep 4, 2026 | -$1.2M | 0/2 |
Recent 8-K material events
| Date | Form | Description |
|---|---|---|
| Sep 4, 2026 | 8-K | 8-K |
| Aug 26, 2026 | 8-K | 8-K |
| Aug 5, 2026 | 8-K | 8-K |
| Jun 2, 2026 | 8-K | 8-K |
| Jun 1, 2026 | 8-K | 8-K |
| May 27, 2026 | 8-K | 8-K |
| Mar 16, 2026 | 8-K | 8-K |
| Mar 13, 2026 | 8-K | 8-K |
Insider Form 4 sentiment (transactions)
Buys: 0
Sells: 2
Buys
Sells
Free previewSEC Filing Analyst
SEC Filing Deep-Analysis
SEC Filing Analyst
score -25Deteriorating
68% conf
2 risk signal(s), 2 positive signal(s), 2 watch item(s) detected from XBRL filing diff analysis. Revenue grew +9.6% but receivables grew +20.0% — the receivables-to-revenue gap suggests growth may be partially driven by extended credit terms rather than genuine demand. If DSO continues to rise, a revenue reversal or bad-debt charge could follow.
- Receivables outpacing revenue: Accounts receivable grew +20.0% YoY vs revenue growth of +9.6%. The +10.5% spread suggests extended credit terms, channel stuffing risk, or collection deterioration. Investigate the allowance for doubtful accounts and DSO trend.
- Leverage is building — debt rising while equity contracts: Long-term debt grew +71.2% while stockholders equity declined -3.3%. The debt-to-equity ratio is deteriorating, increasing financial risk and interest burden. This may constrain future borrowing capacity.
- Operating cash flow exceeds net income: OCF is 2.01x net income, indicating high earnings quality — cash conversion is strong and accruals are not inflating reported profits.
- Deferred revenue growing — future revenue visibility: Deferred revenue grew +17.2% to $24.32B, providing forward revenue visibility. This is a positive leading indicator for subscription or contract-based businesses.
- Goodwill is 54% of total assets: Goodwill of $59.25B represents a large share of the balance sheet. If acquired businesses underperform, a non-cash impairment charge could materially impact earnings. Monitor segment performance and acquisition integration metrics.
- NEW: Impairment charge: Impairment charge appears in recent filings but not in the prior 24-month period. Monitor for materiality.
- Endogenous analysis: Revenue grew +9.6% but receivables grew +20.0% — the receivables-to-revenue gap suggests growth may be partially driven by extended credit terms rather than genuine demand. If DSO continues to rise, a revenue reversal or bad-debt charge could follow.
- Endogenous analysis: Strong cash conversion (OCF > NI) combined with growing deferred revenue provides high forward visibility. The business model appears to generate sustainable, recurring cash flows — a positive structural indicator.
- 11 new XBRL disclosure(s) in latest filing — expanding reporting scope.
- 5 disclosure(s) dropped from prior year — reduced reporting granularity.
- 1 new risk-language term(s) detected in filing text: Impairment charge.
Revenue
$41.52B
+9.6% YoY
Gross profit
$32.26B
+10.3% YoY
Operating income
$8.33B
+15.6% YoY
Net income
$7.46B
+20.3% YoY
Operating cash flow
$15.00B
+14.5% YoY
Capex
$594.0M
-9.7% YoY
Total assets
$112.31B
+9.1% YoY
Total liabilities
$53.16B
+27.3% YoY
Filing quality score
90/100
11 new disclosures
SEC XBRL metric changes (latest annual vs prior)
| Metric | Prior year | Latest year | Change | % Change |
|---|---|---|---|---|
| Revenue | $37.90B | $41.52B | $3.63B | +9.6% |
| Gross profit | $29.25B | $32.26B | $3.00B | +10.3% |
| Operating income | $7.21B | $8.33B | $1.13B | +15.6% |
| Net income | $6.20B | $7.46B | $1.26B | +20.3% |
| Operating cash flow | $13.09B | $15.00B | $1.90B | +14.5% |
| Capex | $658.0M | $594.0M | $-64.0M | -9.7% |
| Total assets | $102.93B | $112.31B | $9.38B | +9.1% |
| Total liabilities | $41.76B | $53.16B | $11.41B | +27.3% |
| Long-term debt | $8.43B | $14.44B | $6.01B | +71.2% |
| Cash & equivalents | $8.85B | $7.33B | $-1.52B | -17.2% |
| Stockholders equity | $61.17B | $59.14B | $-2.03B | -3.3% |
| Accounts receivable | $11.95B | $14.34B | $2.39B | +20.0% |
| R&D expense | $5.49B | $5.99B | $500.0M | +9.1% |
| Interest expense | $272.0M | $324.0M | $52.0M | +19.1% |
XBRL disclosure changes (new vs dropped concepts)
| Type | Concepts |
|---|---|
| Added | Cash, ConvertibleDebtCurrent, GainLossOnDerivativeInstrumentsNetPretax, InterestExpenseNonoperating, LiabilitiesFairValueDisclosure, OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax, OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax, ProceedsFromIssuanceOfMediumTermNotes, ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod, ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice |
| Removed | InterestExpenseDebt, RepaymentsOfLongTermLinesOfCredit, ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice, StockIssuedDuringPeriodSharesStockOptionsExercised, StockRepurchasedDuringPeriodValue |
Risk language in filing text (EDGAR full-text search)
| Term | Severity | Recent | Prior | Status |
|---|---|---|---|---|
| Impairment charge | medium | 5 | 0 | NEW |
| Restructuring | medium | 5 | 8 | Ongoing |
| Off-balance sheet arrangements | medium | 5 | 8 | Ongoing |
| Related party transactions | low | 5 | 1 | Ongoing |
Filing signal breakdown
Red flags: 2
Positive: 2
Watch: 2
Red flags
Positive
Watch
Free previewFundamentals Analyst
Fundamentals
Fundamentals Analyst
score 40Improving
80% conf
Revenue grew +9.6% YoY to $41.52B. 5-year revenue CAGR +9.4%; 10y CAGR +19.4%. Net margin at 17.96% (expanding ▲).
- Revenue grew +9.6% YoY to $41.52B.
- 5-year revenue CAGR +9.4%; 10y CAGR +19.4%.
- Net margin at 17.96% (expanding ▲).
- Return on equity 12.61%, ROA 6.64%, ROIC 11.32%.
- Gross margin 77.68%, operating margin 20.06%.
- Free cash flow margin 34.68% ($14.40B).
- Net income up ▲ +20.3% YoY.
- Debt/equity 1.02, current ratio 0.84, net debt $30.98B.
- Asset turnover 0.38 — capital efficiency.
Revenue (FY)
$41.52B
YoY +9.6%
Net margin
17.96%
▲ 17.29pp
ROE
12.61%
ROA 6.64%
ROIC
11.32%
EPS (diluted)
$7.80
FY2025
Free cash flow
$14.40B
34.68% margin
Debt / equity
1.02
Cash $8.31B
Current ratio
0.84
Equity $38.38B
Annual fundamentals — up to 10 years (SEC 10-K, US-GAAP)
| FY | Revenue | Rev YoY | Gross% | Op% | Net% | FCF | ROE% |
|---|---|---|---|---|---|---|---|
| 2025 | $37.90B | +8.7% | 77.19 | 19.01 | 16.35 | $12.43B | 10.13 |
| 2026 | $41.52B | +9.6% | 77.68 | 20.06 | 17.96 | $14.40B | 12.61 |
Quarterly revenue trend (last 6 quarters, SEC 10-Q)
| Quarter end | Revenue | YoY | QoQ | Net margin |
|---|---|---|---|---|
| Apr 30, 2013 | $892.6M | +28.4% | — | -7.59% |
| Jul 31, 2013 | $957.1M | +30.8% | +7.2% | 8.00% |
| Oct 31, 2013 | $1.08B | +36.5% | +12.4% | -11.56% |
| Apr 30, 2014 | $1.23B | +37.4% | +14.0% | -7.90% |
| Jul 31, 2014 | $1.32B | +37.8% | +7.5% | -4.63% |
| Oct 31, 2014 | $1.38B | +28.6% | +4.9% | -2.81% |
Sources:SEC EDGAR — Company Facts (XBRL)
+8 more years of history, charts & full breakdown Pro
Pro analysis — preview
— score, signals & key metrics shown; full reasoning lockedValuation
Valuation Analyst
score 55Improving
95% conf
Market cap $213.35B at $259.23 per share. Trailing P/E 33.23, P/S 5.14, P/B 5.56. EV/Operating income ≈ 29.33 (EV $244.32B).
- Market cap $213.35B at $259.23 per share.
Market cap
$213.35B
823.00M shares
P/E (ttm)
33.23
P/S
5.14
P/B
5.56
EV
$244.32B
Intrinsic (DCF)
$583.55
+125.1% vs price
ProFull breakdown & reasoning locked
Price & Technicals
Technical Analyst
score 50Improving
85% conf
Price $259.23 — uptrend (above 200-DMA); 1-month momentum positive. RSI(14) 88.16 (overbought).
- Price $259.23 — uptrend (above 200-DMA); 1-month momentum positive.
Price
$259.23
NYQ
RSI(14)
88.16
50-DMA
$191.65
200-DMA
$200.75
Volatility (ann.)
46.19%
52w range
$146.32–$269.11
-3.7% from high
ProFull breakdown & reasoning locked
Macro & Rates
Macro Analyst
score 30Improving
80% conf
Risk-on · Supportive. Real GDP growth 1.50% (quarterly, as of Apr 1, 2026). CPI inflation +3.3% YoY. Fed funds rate 3.63%, 10Y Treasury 4.77%.
- Market regime: Risk-on · Supportive.
GDP growth
1.50%
CPI (YoY)
+3.3%
Fed funds
3.63%
10Y yield
4.77%
10Y−2Y
0.41pp
Unemployment
4.10%
ProFull breakdown & reasoning locked
Risk Scorecard
Risk Analyst
score -20Deteriorating
90% conf
Composite risk Elevated. Leverage debt/equity 1.02 (moderate). Liquidity current ratio 0.84 (stretched).
- Composite risk: Elevated.
Risk level
Elevated
Debt / equity
1.02
Current ratio
0.84
Margin stdev
7.75pp
Cash / assets
7.58%
Liab / assets
64.99%
ProFull breakdown & reasoning locked
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Macro exposure
Cyclical / growth · High sensitivityMacro regime: Risk-on · Supportive. Salesforce Inc. is a cyclical / growth name (high macro sensitivity) — risk appetite favors cyclical/growth names.
Macro regime
Risk-on · Supportive
Yield curve
Normal
VIX
14.32
Fed funds
3.63%
CPI YoY
+3.3%
Analytical read
deterministic previewRevenue grew **+9.6%** YoY to $41.52B..
Risk
Elevated
Macro regime
Risk-on · Supportive
Macro exposure
Supportive
Descriptive analytics from public filings and macro data — not investment advice.
Peer comparison
Cyclical / growth groupHow CRM stacks up against tracked peers with similar macro sensitivity — by analytical score and macro exposure.
| Company | Score | Macro |
|---|---|---|
| Intuit Inc. INTU | 35 | Supportive |
| CF Industries CF | 34 | Supportive |
| MercadoLibre Inc. MELI | 29 | Supportive |
| Shopify Inc. SHOP | 27 | Supportive |
| Alphabet Inc. GOOGL | 26 | Supportive |
| Newmont Corp. NEM | 24 | Supportive |
| Booking Holdings BKNG | 24 | Supportive |
| Uber Technologies UBER | 24 | Supportive |
| Salesforce Inc. CRM● you | 23 | Supportive |
| Meta Platforms Inc. META | 23 | Supportive |
| Okta Inc. OKTA | 18 | Supportive |
| Qualcomm Inc. QCOM | 18 | Supportive |
| Roku Inc. ROKU | 17 | Supportive |
| Netflix Inc. NFLX | 17 | Supportive |
| Comcast Corp. CMCSA | 17 | Supportive |
| Microsoft Corp. MSFT | 16 | Supportive |
| T-Mobile US Inc. TMUS | 16 | Supportive |
| Marvell Technology MRVL | 16 | Supportive |
| Adobe Inc. ADBE | 14 | Supportive |
| Pinterest Inc. PINS | 14 | Supportive |
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| Datadog Inc. DDOG | 14 | Supportive |
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| Energy Transfer ET | 8 | Supportive |
| ConocoPhillips COP | 8 | Supportive |
| Oracle Corp. ORCL | 8 | Supportive |
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