Salesforce (CRM) Q3 earnings report 2025

[Pelican Press 0]

This is the hidden content, please

• Sign In
• or
• Sign Up

Salesforce (CRM) Q3 earnings report 2025

Marc Benioff, chief executive officer of Salesforce speaks during the World Economic Forum (WEF) in Davos, Switzerland on January 18, 2024. 

Halil Sagirkaya | Anadolu | Getty Images

Salesforce shares were up 7% on Tuesday after the company reported its fiscal third-quarter earnings, reporting revenue and fiscal fourth-quarter guidance that exceeded analysts’ expectations.

Here is how the company did compared to what Wall Street was expecting, based on a survey of analysts by LSEG:

Earnings per share: $2.41 adjusted vs. $2.44 expectedRevenue: $9.44 billion vs. $9.34 billion expected

The company’s revenue grew 8% year-over-year during the fiscal third quarter, which ended on Oct. 31. Its net income was $1.5 billion in the quarter, up 25% from $1.2 billion a year ago.

Salesforce said that it is expecting fiscal fourth-quarter sales to come in between $9.9 billion to $10.10 billion. Analysts were projecting $10.05 billion in fourth-quarter sales.

The company said that it expects an earnings per share between the range of $2.57 and $2.62 in the fourth-quarter, compared to analysts’ expectations of $2.65.

Salesforce also raised the low end of its revenue guidance for its fiscal 2025 to come between $37.8 billion and $38 billion.

“We delivered another quarter of exceptional financial performance across revenue, margin, cash flow, and cRPO,” Salesforce CEO Marc Benioff said in a statement. “Agentforce, our complete AI system for enterprises built into the Salesforce Platform, is at the heart of a groundbreaking transformation.”

The company in August announced that CFO Amy Weaver would step down from her role as chief financial officer but remain in the position until the company appoints a successor, after which she will become an advisor. That same month, activist investor Starboard Value revealed that it boosted its position in Salesforce by roughly 40% in the second quarter following the firm issuing a letter earlier in the year saying that Salesforce was continuing to move “in the right direction” in regards to improving its profit margin.

Starboard Value released a presentation in October in which it noted that Salesforce “can continue to become more efficient and more profitable.”

Watch: Intel shares fall after CEO retires

This is the hidden content, please

• Sign In
• or
• Sign Up

#Salesforce #CRM #earnings #report

This is the hidden content, please

• Sign In
• or
• Sign Up

This is the hidden content, please

• Sign In
• or
• Sign Up