Salesforce, Inc. (CRM) Risk Factors

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that Salesforce, Inc. surfaced in its latest filing.

• In connection with the acquisition of Informatica, the company entered into the Informatica Credit Agreements on an unsecured basis.
• In November 2025, the company borrowed $6.0 billion under the Informatica Credit Agreements to finance the acquisition, repay Informatica's debt, and pay related costs.November 2025
• The company is implementing a new enterprise resource planning system (ERP) in the second quarter of fiscal 2026.Q2 fiscal 2026
• Europe's Digital Operational Resilience Act (DORA) aims to ensure resilience of EU financial sectors, imposing risk management, incident reporting, testing, and outsourcing restrictions.
• The UK has implemented legislation similar to DORA.
• The EU AI Act, Utah Artificial Intelligence Policy Act, Colorado Artificial Intelligence Act, and draft CCPA regulations on automated decision-making impose compliance obligations on AI products.
• The company is subject to ongoing securities class action litigation and stockholder derivative claims related to Slack.
• As of April 30, 2026, the company had outstanding Senior Notes.April 30, 2026
• The company has a Revolving Loan Credit Agreement providing a $5.0 billion Credit Facility with no borrowings outstanding as of April 30, 2026.April 30, 2026
• In March 2026, the company entered into a 2026 Term Loan Credit Agreement, borrowing $6.0 billion to repay the Informatica Credit Agreements.March 2026
• In March 2026, the company issued $25.0 billion aggregate principal amount of March 2026 Notes with maturities ranging from 2028 to 2066, to fund an accelerated share repurchase program.March 2026