As of Q4'26 (2026-01-31), Salesforce (CRM) reported cash and short-term investments of USD 9.57B and total debt of USD 6.74B. This marks a notable decrease in both cash and debt compared to the previous quarter, with cash declining from USD 11.32B and debt from USD 11.14B. Over the period from Q1'24 to Q4'26, CRM’s cash and short-term investments showed significant volatility, peaking at USD 17.41B in Q1'26 before dropping sharply in the following quarters. Debt levels remained relatively stable around USD 11B–13B for most of the period, but saw a substantial reduction in Q4'26. The latest data indicates a shift towards lower leverage, with the gap between cash and debt narrowing considerably by the end of the timeframe.