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CRM Earnings: Salesforce Q3 revenue up 8.6%; earnings beat estimates

by theadvisertimes.com
7 months ago
in Markets
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CRM Earnings: Salesforce Q3 revenue up 8.6%; earnings beat estimates
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Customer relationship management platform Salesforce, Inc. (NYSE: CRM) on Wednesday reported stronger-than-expected earnings for the third quarter of fiscal 2026. Revenues increased 8.6%.

CRM Earnings: Salesforce Q3 revenue up 8.6%; earnings beat estimates

Adjusted net income increased to $3.25 per share in the third quarter from $2.41 per share in the comparable quarter last year, exceeding expectations. On a reported basis, third-quarter profit rose to $2.09 billion or $2.19 per share from $1.53 billion or $1.58 per share in the prior-year quarter.

Driving the earnings growth, revenues increased 8.6% year-over-year to $10.26 billion in the October quarter. The top line slightly exceeded Wall Street’s estimates.

Marc Benioff, CEO of Salesforce, said, “Our Agentforce and Data 360 products are the momentum drivers, hitting nearly $1.4 billion in ARR—an explosive 114% year-over-year gain. We now have over 9,500 paid Agentforce deals and 3.2 trillion tokens processed, underscoring our leadership in building the Agentic Enterprise and driving real outcomes.”



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