Salesforce CEO Marc Benioff delivers the keynote deal with at the beginning of the Dreamforce convention in San Francisco on Oct. 14, 2025.
Jessica Christian | San Francisco Chronicle | Getty Pictures
Salesforce reported better-than-expected earnings on Wednesday and topped Wall Road estimates with its income steering for the fourth quarter. The inventory rose 2% in prolonged buying and selling.
Here is how the corporate did as compared with LSEG consensus:
- Earnings per share: $3.25 adjusted vs. $2.86 anticipated
- Income: $10.26 billion vs. $10.27 billion anticipated
Income elevated 8.6% from a 12 months earlier within the fiscal third quarter, which ended on Oct. 31, in accordance with a assertion. Web earnings elevated to $2.09 billion, or $2.19 per share, from $1.53 billion, or $1.58 per share, in the identical quarter final 12 months, boosted by a $263 million achieve from strategic investments.
Adjusted earnings per share exclude stock-based compensation.
The Tableau knowledge analytics enterprise had a better mixture of cloud providers than the corporate had predicted through the quarter, Robin Washington, Salesforce’s chief working and monetary officer, mentioned on a convention name with analysts. Income from on-premises Tableau and MuleSoft app integration merchandise are acknowledged through the quarter, reasonably than over time.
For the fiscal fourth quarter, Salesforce referred to as for $3.02 to $3.04 in adjusted earnings per share on $11.13 billion to $11.23 billion in income. Analysts polled by LSEG had anticipated $3.04 per share and $10.9 billion in income.
The steering implies income progress of between 11% and 12%, with about 3 factors coming from Informatica, the info administration firm Salesforce acquired for round $8 billion in November. On the similar time, the steering elements within the continued shift to the cloud for MuleSoft and Tableau, in addition to ongoing weak point from advertising and marketing and commerce merchandise, Washington mentioned.
Salesforce’s inventory has badly underperformed the broader tech sector this 12 months, partly attributable to issues in regards to the potential of synthetic intelligence changing a few of its product capabilities. As of Wednesday’s shut, the shares are down 29% in 2025, whereas the Nasdaq has gained about 21%.
Throughout the fiscal third quarter, Salesforce acquired startups Regrello, whose AI software program performs duties, and Waii, which makes use of AI to compose code for operating queries on knowledge based mostly on a couple of phrases of human enter. The corporate additionally launched Agentforce AI software program for managing IT service requests, and issued a $60 billion fiscal 2030 income goal, surpassing analysts’ projections.
Annualized income from Agentforce, which automates gross sales and customer support workflows, jumped 330% from a 12 months earlier to over $500 million. Salesforce mentioned it has gained over 9,500 paid offers thus far, up from over 6,000 as of September.
Free money move grew 22% to $2.18 billion, however the complete was under StreetAccount’s $2.24 billion consensus.
That is creating information. Please examine again for updates.