Salesforce Cash Flow Statement

Financials in millions USD. Fiscal year is February - January.

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022	Jan '21 Jan 31, 2021
Net Income	7,222	6,197	4,136	208	1,444	4,072
Depreciation & Amortization	2,921	3,477	3,959	3,786	3,298	2,846
Other Amortization	2,631	2,095	1,925	1,668	1,348	1,058
Loss (Gain) From Sale of Investments	-302	121	277	239	-1,211	-2,170
Stock-Based Compensation	3,229	3,183	2,787	3,279	2,779	2,190
Other Operating Activities	-	-	-	-	-	-2,003
Change in Accounts Receivable	-699	-490	-659	-995	-1,824	-1,556
Change in Accounts Payable	368	1,089	-478	528	507	1,100
Change in Unearned Revenue	1,392	1,584	1,623	1,744	2,629	1,872
Change in Other Net Operating Assets	-3,260	-4,164	-3,336	-3,346	-2,970	-2,608
Operating Cash Flow	13,502	13,092	10,234	7,111	6,000	4,801
Operating Cash Flow Growth	7.80%	27.93%	43.92%	18.52%	24.97%	10.85%
Capital Expenditures	-607	-658	-736	-798	-717	-710
Cash Acquisitions	-3,249	-2,734	-82	-439	-14,876	-1,281
Investment in Securities	1,037	229	-509	-752	1,057	-1,980
Investing Cash Flow	-2,819	-3,163	-1,327	-1,989	-14,536	-3,971
Long-Term Debt Issued	-	-	-	-	7,906	-
Long-Term Debt Repaid	-	-1,603	-1,811	-423	-1,357	-107
Net Debt Issued (Repaid)	-536	-1,603	-1,811	-423	6,549	-107
Issuance of Common Stock	1,249	1,540	1,954	861	1,289	1,321
Repurchase of Common Stock	-8,874	-7,829	-7,620	-4,000	-	-
Common Dividends Paid	-1,579	-1,537	-	-	-	-
Other Financing Activities	-	-	-	-	-	-20
Financing Cash Flow	-9,740	-9,429	-7,477	-3,562	7,838	1,194
Foreign Exchange Rate Adjustments	38	-124	26	-8	-33	26
Net Cash Flow	981	376	1,456	1,552	-731	2,050
Free Cash Flow	12,895	12,434	9,498	6,313	5,283	4,091
Free Cash Flow Growth	8.60%	30.91%	50.45%	19.50%	29.14%	10.93%
Free Cash Flow Margin	31.98%	32.81%	27.25%	20.14%	19.94%	19.25%
Free Cash Flow Per Share	13.37	12.77	9.65	6.33	5.42	4.40
Cash Interest Paid	230	233	254	275	187	96
Cash Income Tax Paid	1,796	2,061	1,027	510	196	216
Levered Free Cash Flow	14,524	14,208	11,376	10,207	8,722	6,578
Unlevered Free Cash Flow	14,710	14,395	11,571	10,400	8,722	6,646
Change in Working Capital	-2,199	-1,981	-2,850	-2,069	-1,658	-1,192

Source: S&P Global Market Intelligence. Standard template. Financial Sources.