AI English summary of an SEC filing — figures as filed
The company said total revenue for the fourth quarter ended January 31, 2024 was $9.29 billion, up 11% year over year (10% in constant currency), and total revenue for fiscal 2024 was $34.86 billion, up 11% year over year.
Key points
AI summaryThe company said total revenue for the fourth quarter ended January 31, 2024 was $9.29 billion, up 11% year over year (10% in constant currency), and total revenue for fiscal 2024 was $34.86 billion, up 11% year over year.
The company said its GAAP operating margin for fiscal 2024 was 14.4% and its non-GAAP operating margin was 30.5%, and that restructuring had a negative impact of (280) bps on its GAAP operating margin.
The company said operating cash flow for fiscal 2024 was $10.23 billion, up 44% year over year, and free cash flow was $9.50 billion, up 50% year over year.
Salesforce said it declared a cash dividend of $0.40 per share and increased the authorization under its share repurchase program by $10.0 billion. As of January 31, 2024, approximately $8.0 billion remained available for repurchase under the program.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.
Q4 Revenue $9.29 billion, Full-Year Revenue $34.86 billion
The company said total revenue for the fourth quarter ended January 31, 2024 was $9.29 billion, up 11% year over year (10% in constant currency), and total revenue for fiscal 2024 was $34.86 billion, up 11% year over year.
Source · Based on the filing body and exhibits
Full-Year GAAP Operating Margin 14.4%, Restructuring Impact (280) bps
The company said its GAAP operating margin for fiscal 2024 was 14.4% and its non-GAAP operating margin was 30.5%, and that restructuring had a negative impact of (280) bps on its GAAP operating margin.
Source · Based on the filing body and exhibits
Full-Year Operating Cash Flow $10.23 billion, Free Cash Flow $9.50 billion
The company said operating cash flow for fiscal 2024 was $10.23 billion, up 44% year over year, and free cash flow was $9.50 billion, up 50% year over year.
Source · Based on the filing body and exhibits
Salesforce Declares $0.40 Cash Dividend, Raises Buyback Authorization by $10.0 billion
Salesforce said it declared a cash dividend of $0.40 per share and increased the authorization under its share repurchase program by $10.0 billion. As of January 31, 2024, approximately $8.0 billion remained available for repurchase under the program.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…