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Salesforce Reports Record Q3 Results, Driven by AI

Salesforce Reports Record Q3 Results, Driven by AI

Salesforce.com ( (CRM) ) has released its Q3 earnings. Here is a breakdown of the information Salesforce.com presented to its investors.

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Salesforce, a leading company in the AI-driven customer relationship management (CRM) sector, offers a unified platform that integrates humans, agents, apps, and data to foster growth and innovation.

In its latest earnings report for the third quarter of fiscal 2026, Salesforce has announced record results, driven by its Agentforce and Data 360 products. The company has reported a significant increase in its current remaining performance obligation (cRPO) and overall revenue growth, reflecting a robust pipeline and strong market position.

Key financial highlights include a 9% year-over-year increase in total revenue, reaching $10.3 billion, and a 10% rise in subscription and support revenue. The operating cash flow saw a 17% year-over-year growth, amounting to $2.3 billion, while the free cash flow increased by 22% to $2.2 billion. Salesforce’s strategic initiatives, such as the acquisition of Informatica, have contributed to these positive outcomes, enhancing its data management capabilities. The company also returned $4.2 billion to shareholders through share repurchases and dividends.

Salesforce’s forward guidance is optimistic, with an expected full-year revenue growth of 9% to 10% and an operating cash flow growth of approximately 13% to 14%. The company continues to focus on expanding its Agentforce and Data 360 offerings, which have shown remarkable growth in annual recurring revenue.

Looking ahead, Salesforce remains committed to achieving its long-term revenue target of over $60 billion and its Profitable Growth Framework target by fiscal year 2030. The company’s strategic focus on innovation and customer success positions it well for continued growth in the evolving CRM landscape.

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