NYSE$CRM
Salesforce Inc · Q3 2025 earnings
Q3 2025 earnings · · Investor relations
Briefing
Salesforce's financial performance was strong, marked by revenue growth, margin expansion, and robust cash flow.
Salesforce announced its Q3 fiscal year 2025 results, reporting $9.44 billion in revenue, up 8% year-over-year. The company's GAAP diluted net income per share was $1.58, and non-GAAP diluted net income per share was $2.41. Salesforce also raised its full-year fiscal 2025 revenue guidance to $37.8 billion to $38.0 billion.
- Revenue reached $9.44 billion, an 8% increase year-over-year.
- GAAP diluted net income per share was $1.58, while non-GAAP diluted net income per share was $2.41.
- GAAP operating margin was 20.0%, and non-GAAP operating margin was 33.1%.
- Current remaining performance obligation reached $26.4 billion, a 10% increase year-over-year.
Headline financials
Revenue & EPS history
Salesforce · Revenue · Quarterly
$9.44B
Revenue by segment
Salesforce · $6.9B total across 4 segments · Q3 2024
- Agentforce Service$2.07B+11.7%30.1%
- Agentforce Sales$1.91B+11.0%27.6%
- Agentforce 360 Platform$1.69B+11.4%24.4%
- Agentforce Marketing & Commerce$1.23B+8.9%17.8%
Forward guidance
Salesforce anticipates continued growth and profitability in the next quarter.
Tailwinds
- Q4 FY25 Revenue Guidance of $9.90 Billion - $10.10 Billion, up 7% - 9% Y/Y
- Full Year FY25 Revenue Guidance to $37.8 Billion to $38.0 Billion, up 8% - 9% Y/Y
- Maintains Full Year FY25 Subscription & Support Revenue Growth Guidance of Slightly Below 10% Y/Y & Approximately 10% in CC
- Raises Full Year FY25 GAAP Operating Margin Guidance to 19.8%
- Raises non-GAAP Operating Margin Guidance to 32.9%
Headwinds
- Revenue FX impact of ($25M) Y/Y
- Current Remaining Performance Obligation Growth (Y/Y) Approximately 9%
- Current Remaining Performance Obligation FX Impact ($100M) Y/Y
- GAAP tax provision is expected to be approximately 26.0% for the three months ended January 31, 2025
- Impact of future gains or losses from the Company’s strategic investment portfolio could be material.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2025
+0.9%
Avg return
Earnings day
+0.8%
Avg return
5 days after
-0.5%
Avg return
30 days after
51%
37 / 72 earnings
Positive
+30.6%
Q2 2021
Best reaction
-19.2%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | — | — | — | |
| Q4 2026 | +5.0% | +2.2% | -6.5% | |
| Q3 2026 | -1.7% | +9.3% | +6.2% | |
| Q2 2026 | -0.5% | -1.7% | -6.3% | |
| Q1 2026 | -2.8% | -4.2% | -0.9% | |
| Q4 2025 | -4.0% | -6.5% | -12.2% | |
| Q3 2025 | +11.1% | +9.4% | -0.1% | |
| Q2 2025 | -2.7% | -4.3% | +4.7% | |
| Q1 2025 | -19.2% | -12.3% | -4.7% | |
| Q4 2024 | +3.1% | +5.1% | +0.6% | |
| Q3 2024 | +12.0% | +11.4% | +17.0% | |
| Q2 2024 | +4.5% | +4.5% | -4.3% | |
| Q1 2024 | -2.7% | -4.1% | -3.5% | |
| Q4 2023 | +14.0% | +12.3% | +22.1% | |
| Q3 2023 | -3.1% | -11.7% | -12.6% | |
| Q2 2023 | -1.2% | -9.0% | -16.5% | |
| Q1 2023 | +6.6% | +12.0% | -0.0% | |
| Q4 2022 | -0.1% | -3.6% | +0.9% | |
| Q3 2022 | -15.2% | -12.9% | -14.0% | |
| Q2 2022 | +3.1% | +2.0% | +10.0% | |
| Q1 2022 | +3.7% | +2.8% | +5.3% | |
| Q4 2021 | -10.0% | -11.2% | -13.0% | |
| Q3 2021 | -10.2% | -8.1% | -9.5% | |
| Q2 2021 | +30.6% | +30.0% | +14.0% | |
| Q1 2021 | -1.0% | -1.3% | +3.7% | |
| Q4 2020 | -3.8% | -8.4% | -16.8% | |
| Q3 2020 | -2.8% | -1.9% | +3.7% | |
| Q2 2020 | +2.8% | +4.2% | +5.3% | |
| Q1 2020 | +9.2% | +11.1% | +7.2% | |
| Q4 2019 | -4.6% | -5.8% | -1.2% | |
| Q3 2019 | +11.3% | +12.9% | +7.0% | |
| Q2 2019 | -0.6% | -0.2% | +3.9% | |
| Q1 2019 | +1.0% | +2.0% | +5.6% | |
| Q4 2018 | +2.5% | +5.2% | -0.1% | |
| Q3 2018 | -0.5% | -0.2% | -3.5% | |
| Q2 2018 | +1.4% | +2.6% | +3.4% | |
| Q1 2018 | -0.5% | +0.7% | -2.1% | |
| Q4 2017 | +2.8% | +0.8% | +1.3% | |
| Q3 2017 | +6.1% | +3.1% | -4.7% | |
| Q2 2017 | -4.9% | -5.9% | -10.6% | |
| Q1 2017 | +5.6% | — | — | |
| Q4 2016 | +10.4% | — | — | |
| Q3 2016 | +4.4% | — | — | |
| Q2 2016 | -4.0% | — | — | |
| Q1 2016 | +2.0% | — | — | |
| Q4 2015 | +13.4% | — | — | |
| Q3 2015 | -6.7% | — | — | |
| Q2 2015 | +8.0% | — | — | |
| Q1 2015 | -5.7% | — | — | |
| Q4 2014 | -2.1% | — | — | |
| Q3 2014 | -8.0% | — | — | |
| Q2 2014 | +14.8% | — | — | |
| Q1 2014 | -5.5% | — | — | |
| Q4 2013 | +9.0% | — | — | |
| Q3 2013 | +7.8% | — | — | |
| Q2 2013 | -0.1% | — | — | |
| Q1 2013 | +0.4% | — | — | |
| Q4 2012 | +12.1% | — | — | |
| Q3 2012 | -13.9% | — | — | |
| Q2 2012 | -12.1% | — | — | |
| Q1 2012 | +0.3% | — | — | |
| Q4 2011 | +6.4% | — | — | |
| Q3 2011 | +2.3% | — | — | |
| Q2 2011 | -2.0% | — | — | |
| Q1 2010 | -2.4% | — | — | |
| Q1 2011 | -2.4% | — | — | |
| Q4 2008 | +0.7% | — | — | |
| Q4 2010 | +0.7% | — | — | |
| Q3 2009 | -3.4% | — | — | |
| Q3 2010 | -3.4% | — | — | |
| Q2 2010 | +0.2% | — | — | |
| Q4 2009 | +0.2% | — | — | |
| Q2 2009 | +0.2% | — | — |
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