Salesforce issues $25B debt to fund buyback, acquires Informatica and two AI firms

Filed May 28, 2026 · Period ending April 30, 2026 · Compared to 10-Q May 29, 2025 · ~1 min read

Key Changes

• high

  Issued $25 billion in senior notes (maturities to 2066) to fund a $25 billion accelerated share repurchase; total debt jumped from $8.5B to $39.5B while cash fell from $17.4B to $11.8B.

  MD&A: Capital Allocation verify on EDGAR →
• high

  Informatica acquisition (closed November 2025) contributed $444 million in revenue this quarter; also acquired Qualified (April 2026) and Regrello (October 2025) to accelerate agentic AI roadmap.

  MD&A: Acquisitions verify on EDGAR →
• high

  Revenue growth accelerated to 13% ($11.1B) from 8% prior year; operating margin expanded 100 bps to 21% despite integration costs.

  MD&A: Results of Operations verify on EDGAR →