Salesforce (CRM) Third Quarter Earnings Report 2025

sales force Shares rose 9% on Tuesday after the company’s fiscal third-quarter earnings report showed revenue and fiscal fourth-quarter guidance that topped analysts’ expectations.

Here’s how the company fared compared to what Wall Street expected, according to a survey of analysts by LSEG:

• Earnings per share: Adjusted $2.41 vs. expected $2.44
• Revenue: $9.44 billion vs. $9.34 billion expected

The company’s revenue grew 8% year over year during the fiscal third quarter, which ended October 31. Its net income was $1.5 billion in the quarter, up 25% from $1.2 billion a year ago.

Salesforce said it expects fiscal fourth-quarter sales of between $9.9 billion and $10.1 billion. Analysts were projecting $10.05 billion in sales in the fourth quarter.

The company said it expects earnings per share of between $2.57 and $2.62 in the fourth quarter, compared with analyst expectations of $2.65.

Salesforce also raised the low end of its revenue guidance, expecting a range of $37.8 billion to $38 billion for its fiscal 2025. That’s up slightly from $37.7 billion to $38 billion previous. The new range puts the midpoint of Salesforce’s fiscal 2025 revenue guidance at $37.9 billion, above analyst expectations of $37.86 billion.

“We delivered another quarter of exceptional financial performance across revenue, margin, cash flow and cRPO,” Salesforce CEO Marc Benioff said in a statement. “Agentforce, our comprehensive enterprise AI system built on the Salesforce platform, is at the center of a groundbreaking transformation.”

On a call with analysts, Benioff boasted about Salesforce’s latest AI push, including the company’s AI-powered chatbots called Agentforce, which investors are closely monitoring for growth. Salesforce’s Agentforce product is an example of so-called AI agent technology. Several companies have said they believe these advanced chatbots represent the next logical step from ChatGPT and other related tools powered by large language models.

“We’re also providing these incredible Agentforce capabilities,” Benioff said. “This is a bold leap into the future of work, where AI agents enable humans to come together to transform all of our customer interactions.”

Benioff also revealed that he tore his Achilles tendon on a recent birthday diving trip to Fakarava, an atoll in French Polynesia. Benioff expressed disappointment that the hospital that treated him was unable to schedule his follow-up appointments using artificial intelligence agents.

“That’s the message to our clients: how to give some of their employees a break, let them get back to their strategic work, let them focus on what really matters,” Benioff said.

In August, the company announced that Amy Weaver would step down as chief financial officer, but would remain in the role until the company appoints a successor, after which she will become an advisor. That same month, activist investor Starboard Value revealed that it boosted its position in Salesforce by about 40% in the second quarter after the company issued a letter earlier in the year saying that Salesforce continued to move “in the right direction” regarding improving your profit margin.

Starboard Value gave a presentation in October noting that Salesforce “can continue to become more efficient and profitable.”

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