FOO Balance Sheet - Salesforce Inc

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Price: 210.15 EUR 0.17% Market Closed

Market Cap: €203.4B

S	Salesforce Inc XMUN:FOO	US
	Summerway Capital PLC LSE:SWC	UK
	Lonza Group AG LSE:0QNO	CH
	Minerals Technologies Inc NYSE:MTX	US

Financial profile · Q2 FY2026

A subscription-led software model with expanding operating leverage

Salesforce's multi-year history shows a subscription-led model that has paired durable revenue expansion with substantial operating leverage. Cash generation is substantial relative to capital spending, although stock-based compensation and strategic-investment volatility make earnings-to-cash and dilution interpretation important.

What is developing

The latest comparable results represent development rather than an inflection: TTM revenue, operating income, operating cash flow, and free cash flow all increased, while the latest quarter's operating margin was below the prior-year quarter. Net income and EPS acceleration was amplified by strategic-investment gains and share repurchases, so it does not by itself indicate a comparable improvement in core operations.

What matters next

Whether operating cash flow and free cash flow remain aligned with core operating earnings after working-capital and strategic-investment effects normalize.

Metric	FY2016 Jan 2017	FY2017 Jan 2018	FY2018 Jan 2019	FY2019 Jan 2020	FY2020 Jan 2021	FY2021 Jan 2022	FY2022 Jan 2023	FY2023 Jan 2024	FY2024 Jan 2025	FY2025 Jan 2026
Cash & Cash Equivalents	1.6B	2.5B	2.7B	4.1B	6.2B	5.5B	7B	8.5B	8.8B	7.3B
Cash Equivalents	1.6B	2.5B	2.7B	4.1B	6.2B	5.5B	7B	8.5B	8.8B	7.3B
Short-Term Investments	602.3m	2B	1.7B	3.8B	5.8B	5.1B	5.5B	5.7B	5.2B	2.2B
Total Receivables	3.2B	3.9B	4.9B	6.2B	7.8B	9.7B	10.8B	11.4B	11.9B	14.3B
Accounts Receivables	3.2B	3.9B	4.9B	6.2B	7.8B	9.7B	10.8B	11.4B	11.9B	14.3B
Other Receivables	34.2m	0	0	0	0	0	0	0	0	0
Other Current Assets	557.1m	1.1B	1.4B	1.8B	2.1B	2.6B	3.1B	3.5B	3.8B	4.3B
Total Current Assets	6B	9.6B	10.7B	16B	21.9B	22.9B	26.4B	29.1B	29.7B	28.2B
PP&E Net	1.8B	1.9B	2.1B	5.4B	5.7B	5.7B	6.6B	6.1B	5.4B	5.1B
PP&E Gross	1.8B	1.9B	2.1B	5.4B	5.7B	5.7B	6.6B	6.1B	5.4B	5.1B
Accumulated Depreciation	(1.2B)	(1.5B)	(1.8B)	(1.8B)	(2B)	(2.4B)	(2.7B)	(3.2B)	(3.7B)	(3.7B)
Intangible Assets	1.3B	973m	2.1B	4.7B	4.1B	9B	7.1B	5.3B	4.4B	6.8B
Goodwill	7.3B	7.3B	12.9B	25.1B	26.3B	47.9B	48.6B	48.6B	51.3B	57.9B
Note Receivable	—	159m	121m	93m	42m	79m	—	—	—	—
Long-Term Investments	567m	677m	1.3B	2B	3.9B	4.8B	4.7B	4.8B	4.9B	7.6B
Other Long-Term Assets	675.5m	1.3B	1.7B	1.8B	4.4B	4.9B	5.5B	5.9B	7.2B	6.6B
Other Assets	7.3B	7.3B	12.9B	25.1B	26.3B	47.9B	48.6B	48.6B	51.3B	57.9B
Total Assets	17.6B	22B	30.7B	55.1B	66.3B	95.2B	98.8B	99.8B	102.9B	112.3B
Accounts Payable	112.2m	76m	165m	3.4B	4.3B	5.4B	6.5B	5.7B	6.3B	8B
Accrued Liabilities	1B	2B	2.3B	750m	766m	686m	590m	518m	579m	548m
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Current Portion of Long-Term Debt	102.1m	1B	216m	53m	35m	114m	1.4B	1.4B	337m	4.3B
Other Current Liabilities	6B	7B	8.6B	10.7B	12.6B	15.6B	17.4B	19B	20.7B	24.3B
Deferred Revenue	5.5B	7B	8.6B	10.7B	12.6B	15.6B	17.4B	19B	20.7B	24.3B
Total Current Liabilities	7.3B	10.1B	11.3B	14.8B	17.7B	21.8B	25.9B	26.6B	28B	37.1B
Long-Term Debt	2.7B	695m	3.4B	3B	2.8B	10.9B	10B	9B	8.8B	10.7B
Deferred Income Tax	99.4m	—	—	—	—	—	—	—	—	—
Other Liabilities	—	846m	447m	3.4B	4.3B	4.4B	4.6B	4.5B	5B	5.3B
Total Liabilities	10.1B	11.6B	15.1B	21.2B	24.8B	37.1B	40.5B	40.2B	41.8B	53.2B
Common Stock	708k	1m	1m	1m	1m	1m	1m	1m	1m	1m
Retained Earnings	(464.9m)	635m	1.7B	1.9B	5.9B	7.4B	7.6B	11.7B	16.4B	22.2B
Additional Paid In Capital	8B	9.8B	13.9B	32.1B	35.6B	50.9B	55B	59.8B	64.6B	68.8B
Treasury Stock	—	—	—	—	—	—	(4B)	(11.7B)	(19.5B)	(32.2B)
Other Equity	(75.8m)	(12m)	(58m)	(93m)	(42m)	(166m)	(274m)	(225m)	(266m)	313m
Total Equity	7.5B	10.4B	15.6B	33.9B	41.5B	58.1B	58.4B	59.6B	61.2B	59.1B
Total Liabilities & Equity	17.6B	22B	30.7B	55.1B	66.3B	95.2B	98.8B	99.8B	102.9B	112.3B
Common Shares Outstanding	707.5m	730m	770m	893m	919m	989m	981m	971m	962m	929m