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.
Paying user area
Try for free
Salesforce Inc. pages available for free this week:
- Common-Size Income Statement
- Analysis of Liquidity Ratios
- Analysis of Short-term (Operating) Activity Ratios
- Enterprise Value to FCFF (EV/FCFF)
- Price to FCFE (P/FCFE)
- Capital Asset Pricing Model (CAPM)
- Selected Financial Data since 2005
- Total Asset Turnover since 2005
- Analysis of Revenues
- Aggregate Accruals
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Salesforce Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Salesforce Inc., consolidated balance sheet: assets (quarterly data)
US$ in millions
Based on: 10-Q (reporting date: 2026-04-30), 10-K (reporting date: 2026-01-31), 10-Q (reporting date: 2025-10-31), 10-Q (reporting date: 2025-07-31), 10-Q (reporting date: 2025-04-30), 10-K (reporting date: 2025-01-31), 10-Q (reporting date: 2024-10-31), 10-Q (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-K (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30).
Total assets demonstrate a significant long-term expansion, increasing from $53.6 billion in April 2020 to a peak of $112.3 billion in January 2026. This growth is primarily characterized by substantial increases in noncurrent assets, particularly goodwill and intangible assets, indicating a strategy focused on aggressive inorganic growth through acquisitions.
- Liquidity and Cash Management
- Cash and cash equivalents exhibit volatility with a general upward trend, reaching a peak of $10.9 billion in April 2025. Marketable securities showed more fluctuation, peaking at $6.6 billion in early 2022 before declining to $2.9 billion by April 2026. The combined liquid asset position remains robust, although the shift from marketable securities to cash in later periods suggests a change in short-term investment strategy.
- Working Capital and Receivables Seasonality
- Accounts receivable display a distinct and recurring seasonal pattern, with balances peaking every January. Significant spikes are observed in January 2024 ($11.4 billion), January 2025 ($11.9 billion), and January 2026 ($14.3 billion), followed by sharp decreases in the subsequent quarters. This cycle suggests a concentrated billing or revenue recognition pattern aligned with the end of the fiscal year.
- Inorganic Growth and Intangible Assets
- A major structural shift in the balance sheet occurred between April and July 2021, where goodwill surged from $26.6 billion to $48.1 billion and intangible assets rose from $3.9 billion to $9.7 billion. A second significant increase is noted in January 2026, with goodwill climbing to $59.3 billion. These spikes confirm large-scale acquisitions. While intangible assets generally declined due to amortization between 2021 and 2025, they saw a sharp renewal to $6.8 billion in early 2026.
- Strategic and Operational Noncurrent Assets
- Strategic investments grew steadily from $1.9 billion in 2020 to $7.7 billion by April 2026, reflecting an increased commitment to equity-based strategic partnerships. In contrast, operating lease right-of-use assets followed a consistent downward trend, declining from $2.9 billion in 2020 to $1.8 billion by April 2026, indicating a reduction in leased obligations. Property and equipment remained relatively stable, growing modestly from $2.5 billion to $3.1 billion over the analyzed period.
Overall, the asset structure has shifted from a more balanced composition to one heavily dominated by intangible assets and goodwill. The consistent growth in total assets, paired with the recurring spikes in receivables, points to a company scaling rapidly through acquisitions while maintaining a predictable seasonal operational cycle.