Stock research

Salesforce, Inc. (CRM) Stock Research

Salesforce pioneered cloud-based customer relationship management and now offers a broad suite of sales, service, marketing, and analytics tools.

For the fiscal year ended January 31, 2026, Salesforce, Inc. reported revenue of $41.5B and net income of $7.5B, with operating cash flow of $15.0B. Source: Form 10-K filed March 2, 2026

SEC data as of

Revenue
$41.5B
FY ending 2026-01-31
Net income
$7.5B
FY ending 2026-01-31
Diluted EPS
$7.80
Net margin
18.0%

Reported SEC XBRL figures. Each metric’s period and original filing are listed below.

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About Salesforce

It is layering AI agents across that suite to automate customer-facing work.

Exchange
NYSE: CRM
Sector
Information Technology
SEC industry
Services-Prepackaged Software (SIC 7372)
Fiscal year end
January 31
Headquarters
San Francisco, California
Founded
1999

CRM key financials

Reported figures from Salesforce, Inc.'s filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.

MetricValuePeriodSource
Revenue$41.5B2025-02-01 – 2026-01-31SEC filing
Net income$7.5B2025-02-01 – 2026-01-31SEC filing
Operating cash flow$15.0B2025-02-01 – 2026-01-31SEC filing
Diluted EPS$7.802025-02-01 – 2026-01-31SEC filing
Net margin18.0%2025-02-01 – 2026-01-31SEC filing
Shares outstanding937MAs of 2025-11-28SEC filing

Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.

Diluted EPS is the earnings figure behind the price-to-earnings ratio; the P/E multiple compression calculator shows how a change in that multiple moves a share price. Shares outstanding multiplied by the share price gives market capitalization.

What investors should watch in CRM

Salesforce, Inc. sits in Information Technology. Semiconductors, software, and hardware — the companies building the digital and AI infrastructure the rest of the economy runs on. We have not yet written company-specific drivers for CRM; the forces that matter most for the sector are:

  • ◆The AI capital-expenditure cycle
  • ◆Interest rates and the cost of long-duration growth
  • ◆Enterprise IT budgets and cloud migration
  • ◆Export controls and the US–China chip race

Key questions for the CRM thesis

Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.

Does CRM's reported profit turn into cash?

Operating cash flow was $15.0B, 2.01 times net income of $7.5B, for the fiscal year ended January 31, 2026.

Cash from operations exceeded reported earnings. Non-cash charges such as depreciation, amortization and stock-based compensation usually explain the gap; the cash-flow statement shows which.

Form 10-K filed March 2, 2026

How much of CRM's revenue is left as profit?

Net income was 18.0% of revenue for the fiscal year ended January 31, 2026, based on revenue and net income reported for the same period.

Net margin reflects the business model as much as execution, so compare it with companies in the same SEC industry and read the income statement for one-time items before treating it as a run rate.

Form 10-K filed March 2, 2026

When does Salesforce, Inc.'s fiscal year end?

The SEC lists Salesforce, Inc.'s fiscal year end as January 31, not December 31. The latest annual figures here run from February 1, 2025 to January 31, 2026.

Annual results cover a different 12 months from calendar-year peers. Align periods before comparing growth or margins across companies.

Form 10-K filed March 2, 2026

Members-only research

What members are reading this month

The thesis, the numbers behind it, and what would break it. Full access is $39 a month.

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Congressional trading in CRM

PoliticianTrade dateTypeOwnerAmountSource
Maria Salazar2026-06-02PurchaseSelf$15,001 - $50,000Filing #20034928
Maria Salazar2026-04-06PurchaseSelf$15,001 - $50,000Filing #20034479
Alan Armstrong2026-03-27PurchaseSelf$1,001 - $15,000Filing #fda235b3-bad7-4637-8fa1-053f354d929c
David Taylor2026-02-26SaleSelf$15,001 - $50,000Filing #20034138
David Taylor2026-02-26SaleSelf$1,001 - $15,000Filing #20034138
David Taylor2026-02-09PurchaseSelf$1,001 - $15,000Filing #20034036
Julia Letlow2026-02-02SaleSelf$1,001 - $15,000Filing #20034106
David Taylor2026-01-29PurchaseSelf$1,001 - $15,000Filing #20033916
Julia Letlow2025-12-16SaleSelf$1,001 - $15,000Filing #20030977
John Boozman2025-11-13SaleJoint$1,001 - $15,000Filing #51455bcd-4966-4e77-b481-09897ada81ae

All verified CRM congressional disclosures

Congressional disclosures are delayed, range-based records—not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.

CRM — frequently asked questions

What does Salesforce, Inc. do?

Salesforce pioneered cloud-based customer relationship management and now offers a broad suite of sales, service, marketing, and analytics tools.

What were CRM's latest reported annual revenue and net income?

For the fiscal year ended January 31, 2026, Salesforce, Inc. reported revenue of $41.5B and net income of $7.5B, with operating cash flow of $15.0B. The figures come from Salesforce, Inc.'s SEC XBRL filings.

When does Salesforce, Inc.'s fiscal year end?

The SEC lists Salesforce, Inc.'s fiscal year end as January 31.

Do members of Congress trade CRM?

The current verified House and Senate snapshot contains 48 transaction rows for CRM, each linked to the original filing.

Where is Salesforce, Inc. headquartered?

Salesforce, Inc. is headquartered in San Francisco, California and was founded in 1999.

Is CRM a good investment?

This page does not rate CRM as a buy or sell. It sets out what Salesforce, Inc. reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.

This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.

What do the CRM numbers leave unanswered?

Financials describe the business. The next question is which assumptions an investment thesis depends on. Explore the member reports below for analysis of catalysts, risks, and what would change the view. $39/month or $249/year.

$39/mo or $249/yr · cancel future renewals anytime · sources included