Salesforce (CRM) 10-K Summary — Year Ended Jan 31, 2024
Salesforce filed its annual report for the period ended January 31, 2024. The filing covers business overview, risk factors, management discussion, and liquidity details.
Key takeaway
Year ended Jan 31, 2024 · FY2025 10-K
Salesforce filed its annual report for the period ended January 31, 2024. The filing covers business overview, risk factors, management discussion, and liquidity details.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$34.9B
Revenue reported for the fiscal year.
Operating income
$5B
Income from operations reported for the year.
Net income
$4.1B
Net income reported for the year.
Operating cash flow
$10.2B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jan 31, 2022 | $26.5B | n/a |
| Jan 31, 2023 | $31.4B | +18.3% |
| Jan 31, 2024 | $34.9B | +11.2% |
Business overview
Salesforce provides cloud-based software solutions. The business overview section references items including risk factors, unresolved staff comments, and cybersecurity.
Financial performance
Revenue increased compared to the prior year. Operating income and net income were reported, and operating cash flow was also disclosed.
Material risks
The filing states that cash from operations may be affected by various risks and uncertainties detailed in Part I. The risk factors section is referenced but not detailed in the supplied context.
Liquidity and capital
Principal liquidity sources include cash, equivalents, marketable securities, accounts receivable, and a revolving credit facility. Cash from operations may be affected by risks and uncertainties.
What to watch
Monitor whether operating cash flow trends continue given the stated risks and uncertainties.