Salesforce Inc has reported strong financial performance in its latest quarter, with revenue growing by 8% year over year to $9.44 billion.
The company’s non-GAAP operating margin increased to 33.1%, a 190 basis point improvement from the previous year. This marks a significant milestone for Salesforce, as it has achieved its highest GAAP operating margin of 20%.
In terms of revenue guidance, Salesforce is projecting growth of approximately 8% to 9% in fiscal year 2025, with revenue ranging from $37.8 billion to $38 billion.
Salesforce’s new AI-driven platform, Agentforce, saw strong market demand, closing over 200 deals in just one week. The company’s Data Cloud was also a key contributor to this success, featuring in eight of the top ten deals in the quarter.
However, Salesforce faces challenges with constrained growth in certain markets and anticipated deceleration in license revenue growth for some of its products. The company is also experiencing a slightly above 8% revenue attrition rate.
Despite these challenges, Salesforce remains confident in its ability to meet growing demand for its products, particularly in the AI-driven space. To address this, the company plans to hire an additional 1,400 account executives globally to support increased adoption of Agentforce.
Key highlights from the earnings call include the importance of Data Cloud and the potential for Agentforce to drive growth across multiple product lines. The company’s CEO emphasized that top customers are integrating multiple Salesforce products into a comprehensive agent-first platform, offering enhanced customer interactions and operational efficiency.
Overall, Salesforce’s strong Q3 earnings demonstrate its ability to adapt to changing market conditions and capitalize on emerging trends in AI-driven technologies.
Source: https://finance.yahoo.com/news/salesforce-inc-crm-q3-2025-070126912.html