CRM Salesforce

FY2026 10-K
Filed: Mar 2, 2026
Information Technology
Services-Prepackaged SoftwareSEC EDGAR

Salesforce (CRM) filed its fiscal year 2026 10-K annual report with the SEC on Mar 2, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2026 10-K

Business Overview

  • Global CRM platform sold primarily via subscription; unifies sales, service, marketing, commerce, and data on single AI-powered Agentforce 360 Platform
  • Agentforce (autonomous AI agents) and Data 360 (hyperscale data engine) positioned as core new offerings; Informatica acquisition closed Q4 FY2026, adding enterprise data management
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Management Discussion & Analysis

  • Revenue $41.5B, up 10% YoY; subscription/support +$3.7B to $39.4B; professional services down 4% to $2.1B
  • Operating margin ~20% vs ~19% prior year; income from operations $8.3B vs $7.2B
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Risk Factors

  • EU AI Act + GDPR creating compliance complexity; CJEU invalidated EU-US Privacy Shield in 2020, replacement Data Privacy Framework faces ongoing legal challenges
  • Informatica acquisition financed with full $6.0B drawn under Informatica Credit Agreements in November 2025, adding substantial leverage to balance sheet
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Financial Summary
XBRL

Revenue

$41.5B

Net Income

$7.5B

Gross Margin

77.7%

Operating Margin

20.1%

Net Margin

18.0%

ROE

12.6%

Total Assets

$112.3B

EPS (Diluted)

$7.80

Operating Cash Flow

$15.0B

Source: XBRL data from Salesforce FY2026 10-K filing on SEC EDGAR. All figures in USD.

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