Salesforce reported weaker-than-expected quarterly revenue, despite beating earnings expectations. The company’s forecast also fell short of analysts’ estimates.
Earnings per share increased to $2.78, exceeding the expected $2.61. Net income rose to $1.71 billion, or $1.75 per share, from a year earlier.
Salesforce introduced its second-generation Agentforce artificial intelligence technology, which has gotten involved in 380,000 conversations through the company’s help website. The technology has helped the company complete over 3,000 paid deals since October.
The company expects a modest contribution to revenue in fiscal 2026, with a larger effect in the following year. Salesforce is targeting $11.09 to $11.17 in adjusted earnings per share on $40.5 billion to $40.9 billion in revenue for fiscal 2026.
Despite beating earnings expectations, Salesforce shares slipped 4% in extended trading, leaving them down about 8% so far in 2025 compared to the S&P 500 index’s gain of around 1%.
Source: https://www.cnbc.com/2025/02/26/salesforce-crm-q4-earnings-report-2025.html