For the 9 months ended October 31, 2024, the company reported revenue of $27.9 billion, up 9% from a year earlier, income from operations of $5.4 billion compared with $3.4 billion a year ago, and diluted net income per share of $4.60 compared with $2.73 a year ago.

1. 01

   For the 9 months ended October 31, 2024, the company reported revenue of $27.9 billion, up 9% from a year earlier, income from operations of $5.4 billion compared with $3.4 billion a year ago, and diluted net income per share of $4.60 compared with $2.73 a year ago.

2. 02

   Salesforce said cash provided by operations for the 9 months was $9.1 billion, up 34% year over year. It repurchased about 30 million shares for about $7.7 billion and paid about $1.2 billion in dividends.

3. 03

   The company said it entered into a new $5.0 billion unsecured revolving credit facility on October 2024, maturing in October 2029, which replaced its existing $3.0 billion facility. It said it had no borrowings outstanding as of October 31, 2024, and that the carrying amount of its senior unsecured debt was $8.4 billion.

4. 04

   Salesforce said it acquired the remaining shares of Zoomin Software Ltd. for about $344 million in cash and the remaining shares of Own Data Company Ltd. for about $1.9 billion in cash in November 2024. Both deals are subject to customary purchase price adjustments, and its prior ownership stakes were less than 10% and about 10%, respectively.

Key figures

Quarter ended October 31, 2024

Revenue

$9.4B

Operating income

$1.9B

Net income

$1.5B

EPS

$1.58

Gross profit

$7.3B

Operating cash flow

$2.0B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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.