secwatch.observer — SEC 8-K summary
======================================

Issuer:     Salesforce, Inc. (CRM)
CIK:        0001108524
Form:       8-K
Filed at:   2024-05-29T23:59:59+00:00
Accession:  0001108524-24-000007
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Salesforce Q1 rev $9.13B (+11% YoY); lowers FY25 subscription growth guidance
-----------------------------------------------------------------------------

- Q1 revenue $9.13B (+11% YoY); GAAP op margin 18.7% (+1,370bps), non-GAAP 32.1% (+450bps).
- Q1 operating cash flow $6.25B (+39% YoY); free cash flow $6.08B (+43% YoY).
- Current RPO $26.4B (+10% YoY); returned $2.2B buybacks + $0.4B dividends in Q1.
- FY25 revenue guidance maintained $37.7-38.0B; subscription revenue growth guidance lowered to slightly below 10% YoY.
- Q2 revenue guidance $9.20-9.25B (+7-8% YoY); GAAP op margin guidance lowered to 19.9%; non-GAAP op margin maintained 32.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108524/000110852424000007/0001108524-24-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1108524/000110852424000007/crm-20240529.htm
  HTML page:      https://secwatch.observer/filing/0001108524-24-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer