Stock Analysis on Net

Salesforce Inc. (NYSE:CRM)

Cash Flow Statement
Quarterly Data

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Salesforce Inc., consolidated cash flow statement (quarterly data)

US$ in millions

Microsoft Excel
3 months ended: 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 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018
Net income (loss) 1,446 1,224 1,267 199 (98) 210 68 28 (28) 468 535 469 267 1,081 2,625 99 (248) (109) 91 392 362 105 299 344
Depreciation and amortization 953 862 890 1,254 1,032 941 907 906 931 963 719 685 869 670 649 658 633 608 457 437 275 257 253 197
Amortization of costs capitalized to obtain revenue contracts, net 497 482 476 470 443 423 408 394 356 344 334 314 290 271 250 247 229 221 217 209 176 190 183 188
Stock-based compensation expense 674 693 724 696 809 843 851 776 763 812 640 564 542 566 578 504 511 543 388 343 329 351 351 252
Loss on settlement of Salesforce.org reseller agreement 166
(Gains) losses on strategic investments, net 35 72 29 141 314 (23) (45) (7) (34) (363) (526) (288) (260) (1,036) (682) (192) (31) (6) (109) (281) (125) (63) (143) (211)
Tax benefit from intra-entity transfer of intangible property (2,003)
Accounts receivable, net (6,564) 550 (768) 6,123 (6,481) 471 (790) 5,805 (5,719) 91 (812) 4,616 (4,429) 128 (349) 3,094 (3,599) (29) (146) 2,774 (2,888) (48) (149) 2,162
Costs capitalized to obtain revenue contracts, net (966) (300) (331) (275) (1,066) (375) (505) (399) (1,060) (405) (463) (355) (672) (493) (455) (25) (587) (246) (173) (124) (531) (186) (146) (118)
Prepaid expenses and other current assets and other assets (93) (407) (52) (291) 57 (63) 113 (409) 115 189 (173) (17) 1 80 (203) (11) 133 (183) 28 (97) (54) 82 4 (90)
Accounts payable and accrued expenses and other liabilities 1,129 172 (376) (1,403) 1,733 (309) 326 (1,222) 1,343 (548) 805 (1,093) 1,096 68 693 (757) 969 265 293 (545) 598 (34) 179 (456)
Operating lease liabilities (147) (139) (167) (168) (138) (173) (186) (202) (194) (191) (200) (216) (214) (204) (209) (203) (182) (200) (182) (164)
Unearned revenue 6,439 (1,677) (884) (2,255) 6,183 (1,632) (813) (1,994) 5,509 (956) (473) (1,451) 4,684 (792) (465) (1,555) 3,804 (566) (594) (979) 3,189 (511) (373) (802)
Changes in assets and liabilities, net of business combinations (202) (1,801) (2,578) 1,731 288 (2,081) (1,855) 1,579 (6) (1,820) (1,316) 1,484 466 (1,213) (988) 543 538 (959) (774) 865 314 (697) (485) 696
Adjustments to reconcile net income (loss) to net cash provided by operating activities 1,957 308 (459) 4,292 2,886 103 266 3,648 2,010 (64) (149) 2,759 1,907 (742) (2,196) 1,760 1,880 407 345 1,573 969 38 159 1,122
Net cash provided by operating activities 3,403 1,532 808 4,491 2,788 313 334 3,676 1,982 404 386 3,228 2,174 339 429 1,859 1,632 298 436 1,965 1,331 143 458 1,466
Business combinations, net of cash acquired (82) (25) (414) (60) (35) (14,356) (425) (24) (1,154) (103) (30) 94 (423) (10) (130) (4,803) (182)
Purchases of strategic investments (106) (103) (182) (105) (75) (44) (208) (223) (785) (147) (509) (277) (127) (368) (232) (342) (201) (346) (62) (159) (70) (108) (37) (147)
Sales of strategic investments 6 80 13 9 174 98 38 45 37 695 913 556 366 33 51 601 31 138 71 194 171 83 2 4
Purchases of marketable securities (934) (661) (1,798) (368) (645) (408) (1,152) (2,572) (1,165) (2,193) (507) (1,809) (865) (1,453) (1,681) (834) (1,913) (438) (772) (734) (434) (343) (28) (263)
Sales of marketable securities 394 315 533 269 379 500 451 441 414 720 2,464 581 630 662 207 337 556 427 375 86 74 79 335 938
Maturities of marketable securities 319 563 462 785 697 585 722 445 267 150 1,154 498 239 239 330 227 228 358 137 56 48 10 40 48
Capital expenditures (147) (166) (180) (243) (218) (198) (203) (179) (167) (166) (213) (171) (149) (124) (114) (323) (136) (170) (178) (159) (167) (136) (170) (122)
Net cash (used in) provided by investing activities (468) (54) (1,152) 347 312 533 (377) (2,457) (1,459) (976) (11,054) (1,047) 94 (1,035) (2,593) (437) (1,465) 63 (852) (726) (378) (545) (4,661) 276
Proceeds from issuance of debt, net of issuance costs (6) 7,922 (10) (20) 496 2,470
Repayments of Slack Convertible Notes, net of capped call proceeds (17) (1,348) 168
Repurchases of common stock (1,692) (1,925) (1,949) (2,054) (2,323) (1,677)
Proceeds from employee stock plans 869 274 362 449 173 233 181 274 259 430 375 225 216 381 466 258 290 179 152 219 136 185 182 201
Principal payments on financing obligations (123) (114) (282) (110) (70) (233) (44) (72) (38) (45) (24) (49) (19) (12) (24) (48) (14) (14) (134) (11) (21) (2) (89) (19)
Repayments of debt (181) (1,001) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (151) (150) (201) (1) (501) (1) (1,027)
Net cash provided by (used in) financing activities (946) (1,765) (2,050) (2,716) (2,221) (1,678) 136 201 203 (970) 8,440 165 176 368 441 209 125 15 (183) 207 (386) 182 589 1,625
Effect of exchange rate changes 30 (32) 11 17 61 (23) (21) (25) (15) (4) (17) 3 27 3 (4) (15) (18) (1) (5) (3) 6 11 12
Net increase (decrease) in cash and cash equivalents 2,019 (319) (2,383) 2,139 940 (855) 72 1,395 711 (1,546) (2,245) 2,349 2,471 (328) (1,720) 1,627 277 358 (600) 1,441 564 (214) (3,603) 3,379

Based on: 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), 10-K (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-K (reporting date: 2019-01-31), 10-Q (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30).

Cash flow statement item Description The company
Net cash provided by operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Salesforce Inc. net cash provided by operating activities increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
Net cash (used in) provided by investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Salesforce Inc. net cash (used in) provided by investing activities increased from Q2 2024 to Q3 2024 but then slightly decreased from Q3 2024 to Q4 2024.
Net cash provided by (used in) financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Salesforce Inc. net cash provided by (used in) financing activities increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.