Salesforce, Inc. (CRM) quarterly cash flow statement — complete operating, investing & financing history
Salesforce, Inc. (CRM) cash flow statement — 24-year operating, investing & financing cash flows
| Metric | Q2'27 | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|
| Cash from Operations | 1.27B | 6.7B | 5.46B | 2.32B | 740M | 6.48B | 3.97B | 1.98B | 892M | 6.25B | 3.4B | 1.53B | 808M | 4.49B | 2.79B | 313M | 334M | 3.68B | 1.98B | 404M |
| Operating CF Margin % | 11.19% | 60.19% | 48.78% | 22.58% | 7.23% | 65.89% | 39.73% | 21% | 9.57% | 68.4% | 36.64% | 17.57% | 9.39% | 54.46% | 33.25% | 3.99% | 4.33% | 49.6% | 27.05% | 5.89% |
| Operating CF Growth % | 71.49% | 3.47% | 37.63% | 16.79% | -17.04% | 3.67% | 16.66% | 29.44% | 10.4% | 39.1% | 22.06% | 389.46% | 141.92% | 22.17% | 40.67% | -22.52% | -13.47% | 13.88% | -8.83% | 19.17% |
| Net Income | 3.53B | 2.11B | 1.94B | 2.09B | 1.89B | 1.54B | 1.71B | 1.53B | 1.43B | 1.53B | 1.45B | 1.22B | 1.27B | 199M | -98M | 210M | 68M | 28M | -28M | 468M |
| Depreciation & Amortization | 966M | 985M | 1.12B | 851M | 817M | 843M | 877M | 814M | 907M | 879M | 953M | 862M | 890M | 1.25B | 1.03B | 941M | 907M | 906M | 931M | 963M |
| Stock-Based Compensation | 906M | 857M | 1.08B | 819M | 793M | 814M | 803M | 820M | 810M | 750M | 674M | 693M | 724M | 696M | 809M | 843M | 851M | 776M | 763M | 812M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -722M | 29M | 0 | 0 | 0 | 0 | 0 | -34M | -363M |
| Other Non-Cash Items | -2.02B | -285M | -251M | 285M | 260M | 608M | 431M | 742M | 563M | 480M | 532M | 1.28B | 476M | 611M | 757M | 400M | 363M | 387M | 356M | 344M |
| Working Capital Changes | -2.1B | 3.04B | 1.57B | -1.73B | -3.02B | 2.67B | 151M | -1.92B | -2.82B | 2.6B | -202M | -1.8B | -2.58B | 1.73B | 288M | -2.08B | -1.85B | 1.58B | -6M | -1.82B |
| Change in Receivables | -1.4B | 9.43B | -8.63B | 123M | -1.24B | 7.59B | -7.17B | 655M | -1.14B | 7.16B | -6.56B | 550M | -768M | 6.12B | -6.48B | 471M | -790M | 5.8B | -5.72B | 91M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -546M | -219M | 0 | 0 | 0 | 0 | 0 | -79M | -2M |
| Change in Payables | 891M | -1.9B | 2.24B | 0 | -217M | -1.01B | 1.59B | 32M | 220M | -755M | 1.13B | 172M | -376M | -1.4B | 1.73B | -309M | 326M | -1.22B | 1.34B | -548M |
| Cash from Investing | -1.2B | -2.18B | -8.71B | 519M | 1.17B | -1.57B | -2.94B | -217M | 2.64B | -2.65B | -468M | -54M | -1.15B | 347M | 312M | 533M | -377M | -2.46B | -1.46B | -976M |
| Capital Expenditures | -171M | -145M | -141M | -139M | -135M | -179M | -154M | -204M | -137M | -163M | -147M | -166M | -180M | -243M | -218M | -198M | -203M | -179M | -167M | -166M |
| CapEx % of Revenue | 1.51% | 1.3% | 1.26% | 1.35% | 1.32% | 1.82% | 1.54% | 2.16% | 1.47% | 1.78% | 1.58% | 1.9% | 2.09% | 2.95% | 2.6% | 2.53% | 2.63% | 2.42% | 2.28% | 2.42% |
| Acquisitions | -52M | -1.45B | -8.24B | -978M | -54M | 0 | -2.22B | -179M | 0 | -338M | 0 | -82M | 0 | 0 | 0 | 0 | -25M | -414M | -60M | -35M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -319M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | -622M | -2.92B | 1.59B | -4.24B | -2.5B | -2.92B | -73M | -1.45B | -5.8B | -2.11B | -946M | -1.76B | -2.05B | -2.72B | -2.22B | -1.68B | 136M | 201M | 203M | -970M |
| Debt Issued (Net) | -176M | 24.84B | 5.85B | -160M | -377M | -179M | -98M | -100M | -1.28B | -120M | -123M | -114M | -463M | -1.11B | -71M | -234M | -45M | -73M | -56M | -1.4B |
| Equity Issued (Net) | -5M | -27.79B | -3.66B | -3.8B | -1.99B | -2.63B | -76M | -1.28B | -4.33B | -2.13B | -1.69B | -1.93B | -1.95B | -2.05B | -2.32B | -1.68B | 0 | 0 | 0 | 0 |
| Dividends Paid | -364M | -365M | -391M | -395M | -399M | -402M | -383M | -382M | -384M | -388M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -84M | -27.25B | -3.94B | -3.8B | -2.23B | -2.63B | -76M | -1.28B | -4.33B | -2.13B | -1.69B | -1.93B | -1.95B | -2.05B | -2.32B | -1.68B | 0 | 0 | 0 | 0 |
| Other Financing | -77M | 387M | -212M | 112M | 266M | 294M | 484M | 321M | 202M | 533M | 869M | 274M | 362M | 449M | 173M | 233M | 181M | 274M | 259M | 430M |
| Net Change in Cash | -625M | 1.61B | -1.65B | -1.39B | 1.03B | 2.08B | 851M | 315M | -2.28B | 1.49B | 2.02B | -319M | -2.38B | 2.14B | 940M | -855M | 72M | 1.4B | 711M | -1.55B |
| Free Cash Flow | 1.1B | 6.56B | 5.32B | 2.18B | 605M | 6.3B | 3.82B | 1.78B | 755M | 6.08B | 3.26B | 1.37B | 628M | 4.25B | 2.57B | 115M | 131M | 3.5B | 1.81B | 238M |
| FCF Margin % | 9.68% | 58.89% | 47.52% | 21.22% | 5.91% | 64.07% | 38.19% | 18.84% | 8.1% | 66.62% | 35.06% | 15.67% | 7.3% | 51.51% | 30.65% | 1.47% | 1.7% | 47.19% | 24.77% | 3.47% |
| FCF Growth % | 81.49% | 4.11% | 39.49% | 22.37% | -19.87% | 3.5% | 17.2% | 30.23% | 20.22% | 43.22% | 26.69% | 1087.83% | 379.39% | 21.48% | 41.6% | -51.68% | -24.28% | 14.39% | -10.37% | 10.7% |
| FCF per Share | 1.34 | 7.53 | 5.66 | 2.26 | 0.63 | 6.49 | 3.92 | 1.82 | 0.78 | 6.18 | 3.31 | 1.39 | 0.64 | 4.30 | 2.61 | 0.12 | 0.13 | 3.49 | 1.84 | 0.24 |
| FCF Conversion (FCF/Net Income) | 0.36x | 3.18x | 2.81x | 1.11x | 0.39x | 4.20x | 2.32x | 1.30x | 0.62x | 4.08x | 2.35x | 1.25x | 0.64x | 22.57x | -28.45x | 1.49x | 4.91x | 131.29x | -70.79x | 0.86x |
| Interest Paid | 0 | 0 | 0 | 0 | 87M | 28M | 87M | 28M | 90M | 0 | 90M | 28M | 90M | 46M | 0 | 46M | 92M | 46M | 93M | 46M |
| Taxes Paid | 0 | 0 | 0 | 0 | 891M | 99M | 673M | 471M | 823M | 0 | 318M | 458M | 129M | 122M | 0 | 113M | 96M | 181M | 45M | 68M |