Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Salesforce Inc., consolidated balance sheet: assets (quarterly data)

US$ in millions

	Oct 31, 2025	Jul 31, 2025	Apr 30, 2025	Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019	Apr 30, 2019
Cash and cash equivalents	8,978)	10,365)	10,928)	8,848)	7,997)	7,682)	9,958)	8,472)	6,453)	6,772)	9,155)	7,016)	6,076)	6,931)	6,859)	5,464)	4,753)	6,299)	8,544)	6,195)	3,724)	4,052)	5,772)	4,145)	3,868)	3,510)	4,110)
Marketable securities	2,345)	5,007)	6,480)	5,184)	4,760)	4,954)	7,712)	5,722)	5,410)	5,625)	4,822)	5,492)	5,842)	6,602)	6,644)	5,073)	4,638)	3,351)	6,479)	5,771)	5,768)	5,231)	4,030)	3,802)	2,661)	2,532)	2,269)
Accounts receivable, net	5,474)	5,596)	4,354)	11,945)	4,741)	5,391)	4,273)	11,414)	4,850)	5,400)	4,632)	10,755)	4,275)	4,745)	3,952)	9,739)	4,019)	4,074)	3,174)	7,786)	3,316)	3,445)	3,076)	6,174)	2,573)	2,332)	2,153)
Costs capitalized to obtain revenue contracts, net	1,835)	1,862)	1,924)	1,971)	1,836)	1,851)	1,865)	1,905)	1,757)	1,781)	1,772)	1,776)	1,549)	1,531)	1,478)	1,454)	1,242)	1,211)	1,166)	1,146)	1,017)	948)	881)	926)	813)	786)	786)
Prepaid expenses and other current assets	2,431)	2,501)	2,180)	1,779)	2,091)	1,984)	1,796)	1,561)	1,732)	1,560)	1,600)	1,356)	1,467)	1,437)	1,478)	1,120)	1,305)	1,321)	1,081)	991)	1,121)	1,170)	954)	916)	1,111)	743)	717)
Current assets	21,063)	25,331)	25,866)	29,727)	21,425)	21,862)	25,604)	29,074)	20,202)	21,138)	21,981)	26,395)	19,209)	21,246)	20,411)	22,850)	15,957)	16,256)	20,444)	21,889)	14,946)	14,846)	14,713)	15,963)	11,026)	9,903)	10,035)
Property and equipment, net	3,147)	3,154)	3,131)	3,236)	3,416)	3,580)	3,506)	3,689)	3,807)	3,876)	3,695)	3,702)	3,514)	3,375)	2,868)	2,815)	2,768)	2,711)	2,490)	2,459)	2,564)	2,528)	2,518)	2,375)	2,365)	2,283)	2,243)
Operating lease right-of-use assets, net	1,949)	2,028)	2,129)	2,157)	2,167)	2,130)	2,255)	2,366)	2,518)	2,575)	2,646)	2,890)	2,904)	2,727)	2,913)	2,880)	2,909)	3,123)	3,065)	3,204)	2,962)	2,985)	2,983)	3,040)	3,150)	2,904)	2,854)
Noncurrent costs capitalized to obtain revenue contracts, net	2,293)	2,266)	2,342)	2,475)	2,121)	2,201)	2,286)	2,515)	2,194)	2,352)	2,506)	2,697)	2,301)	2,367)	2,323)	2,342)	1,850)	1,820)	1,736)	1,715)	1,462)	1,309)	1,171)	1,348)	1,103)	1,105)	1,149)
Strategic investments	6,410)	5,085)	4,941)	4,852)	4,845)	5,017)	4,978)	4,848)	4,774)	4,778)	4,633)	4,672)	5,124)	5,124)	4,936)	4,784)	4,004)	4,105)	3,944)	3,909)	3,927)	2,555)	1,902)	1,963)	1,760)	1,614)	1,548)
Goodwill	52,457)	51,438)	51,281)	51,283)	49,093)	48,941)	48,940)	48,620)	48,614)	48,566)	48,567)	48,568)	48,555)	48,568)	48,319)	47,937)	47,951)	48,103)	26,640)	26,318)	26,313)	26,301)	25,266)	25,134)	25,022)	13,199)	12,854)
Intangible assets acquired through business combinations, net	3,491)	3,669)	4,033)	4,428)	4,119)	4,415)	4,869)	5,278)	5,737)	6,182)	6,654)	7,125)	7,598)	8,072)	8,559)	8,978)	9,472)	9,746)	3,925)	4,114)	4,398)	4,676)	4,488)	4,724)	4,987)	1,725)	1,794)
Deferred tax assets and other assets, net	4,334)	4,602)	4,887)	4,770)	4,209)	4,034)	3,742)	3,433)	3,176)	2,980)	2,859)	2,800)	2,679)	2,669)	2,693)	2,623)	2,525)	2,794)	2,641)	2,693)	2,564)	2,580)	582)	579)	529)	603)	677)
Noncurrent assets	74,081)	72,242)	72,744)	73,201)	69,970)	70,318)	70,576)	70,749)	70,820)	71,309)	71,560)	72,454)	72,675)	72,902)	72,611)	72,359)	71,479)	72,402)	44,441)	44,412)	44,190)	42,934)	38,910)	39,163)	38,916)	23,433)	23,119)
Total assets	95,144)	97,573)	98,610)	102,928)	91,395)	92,180)	96,180)	99,823)	91,022)	92,447)	93,541)	98,849)	91,884)	94,148)	93,022)	95,209)	87,436)	88,658)	64,885)	66,301)	59,136)	57,780)	53,623)	55,126)	49,942)	33,336)	33,154)

Cash and Cash Equivalents: The cash and cash equivalents show considerable fluctuations over the periods, with a generally increasing trend starting from April 2020. Peaks are observed around April 2021 and April 2024, reaching values above US$9 billion. There is notable volatility, with intermittent declines, but the overall level at the end of the data remains higher than the initial period.
Marketable Securities: Marketable securities similarly display variability. The amounts generally rise through 2020, peaking early 2022 before a slight decline towards mid-2024. A significant decrease is seen by the end of the period in October 2025, dropping to below US$2.5 billion from a prior high above US$6 billion, indicating potential disposals or reallocation.
Accounts Receivable, Net: Accounts receivable experience dramatic volatility with sharp increases in certain quarters, especially notable in January 2020, January 2021, January 2022, and January 2023. These peaks correspond to values more than doubling compared to preceding quarters. This pattern reflects possible seasonality or billing cycles linked to the company’s revenue recognition. Despite peaks, the overall trend points to growth with sizeable receivables accumulation.
Costs Capitalized to Obtain Revenue Contracts, Net: There is a steady upward trend in costs capitalized to obtain revenue contracts, both current and noncurrent. Current costs increase consistently from approximately US$786 million in early 2019 to about US$1.9 billion by 2025. Noncurrent capitalized costs also grow, albeit with some fluctuations, indicating continuous investment in securing and maintaining revenue contracts.
Prepaid Expenses and Other Current Assets: Prepaid expenses and other current assets show gradual growth over the periods reviewed, increasing from around US$717 million in early 2019 to over US$2.4 billion by mid-2025. This steady increase suggests expanding operational activity and advance payments or deferred expenditures growing in line with business scale.
Current Assets: Current assets mirror the patterns seen in cash and equivalents and receivables, with substantial growth periods, particularly from 2019 to early 2021 and again towards 2024. After peaking at nearly US$30 billion in January 2024, the figure declines slightly thereafter but remains significantly higher than the beginning of the time frame, indicating enhanced liquidity and asset base.
Property and Equipment, Net: Property and equipment maintain a generally increasing trend, with mild fluctuations. From about US$2.2 billion in early 2019, it grows steadily to hover around US$3.1 billion by the end of the period, reflecting moderate expansion or reinvestment in physical assets.
Operating Lease Right-of-Use Assets, Net: Operating lease right-of-use assets display a decreasing trend after peaking around early 2020. The asset balance declines from roughly US$3 billion to under US$2 billion by the end of the data set, possibly indicative of lease terminations, renegotiations, or alterations in lease accounting policies.
Strategic Investments: Strategic investments see an upward trend with notable growth, especially between 2020 and early 2021. After peaking near US$5 billion, fluctuations occur but the overall value at the end nearly doubles compared to the starting figure, suggesting active portfolio expansion in strategic holdings.
Goodwill: Goodwill presents a marked increase, particularly between mid-2019 and early 2021, where it jumps from approximately US$13 billion to over US$48 billion, indicating significant acquisitions or business combinations. After this sharp rise, goodwill stabilizes with minor increments through the remainder of the period.
Intangible Assets Acquired through Business Combinations, Net: These intangible assets spike dramatically in October 2019, then exhibit a consistent decline from nearly US$10 billion in 2021 to about US$3.5 billion by 2025. This trend may reflect amortization or impairment over time post-acquisition.
Deferred Tax Assets and Other Assets, Net: Deferred tax and other assets show gradual growth, rising from around US$600 million to nearly US$5 billion over the observed timeframe, which may correspond with increasing deferred tax assets related to operating losses or tax timing differences as well as other intangible assets or investments.
Noncurrent Assets: Noncurrent assets nearly double from early 2019 through early 2021, driven by spikes in goodwill and intangible assets. After peaking around US$72 billion, they remain relatively stable but trend slightly downward thereafter, consistent with the changes observed in intangible assets and lease assets.
Total Assets: Total assets grow significantly from approximately US$33 billion to peak near US$103 billion in January 2025. This growth is largely driven by substantial increases in goodwill, intangible assets, and other noncurrent assets, alongside ongoing expansion in current assets. The data reflects marked company growth primarily fueled by acquisitions and capital investments over the reported period.

Assets: Selected Items

Download chart

Current Assets: Selected Items

Download chart

Salesforce Inc. (NYSE:CRM)

Balance Sheet: AssetsQuarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data