Core Insights - Salesforce, Inc. (CRM) reported better-than-expected results for Q4 of fiscal 2026, with non-GAAP earnings of $3.81 per share, exceeding estimates by 25.69% and showing a 37% year-over-year improvement [1] - The company's Q4 revenues reached $11.2 billion, surpassing estimates by 0.32% and reflecting a 12% year-over-year increase, driven by its go-to-market strategy and integration of generative AI [2] Financial Performance - Subscription and Support revenues, which account for 95.5% of total revenues, increased by 13% year over year to $10.7 billion, while Professional Services and Other revenues declined by 3% to $526 million [3] - Non-GAAP operating income was $3.84 billion, up 16.1% from the previous year, with an operating margin expansion of 110 basis points to 34.2% [6] Segment Performance - Revenues from Agentforce Sales grew 8% to $2.3 billion, Agentforce Service increased 7% to $2.5 billion, and Agentforce 360 Platform, Slack and Other saw a significant rise of 37% to $2.7 billion [5] - Revenues from the Americas increased by 9% to $7.3 billion, EMEA grew by 19% to $2.8 billion, and Asia Pacific revenues rose by 14% to $1.1 billion [6] Cash Flow and Shareholder Returns - Salesforce ended Q4 with cash, cash equivalents, and marketable securities totaling $9.57 billion, down from $11.32 billion in the previous quarter, while generating operating cash flow of $5.46 billion and free cash flow of $5.32 billion [7] - The company returned $4.33 billion to shareholders, including $3.94 billion in share repurchases and $391 million in dividends [8] Guidance for Future Performance - For Q1 of fiscal 2027, Salesforce projects total sales between $11.03 billion and $11.08 billion, indicating a growth of 12-13% year over year, with non-GAAP EPS expected in the range of $3.11-$3.13 [9][10] - For fiscal 2027, the company anticipates revenues between $45.80 billion and $46.20 billion, reflecting a 10-11% year-over-year increase, with non-GAAP EPS projected at $13.11-$13.19 [10][11]

Core Viewpoint - The upcoming earnings report from Salesforce (CRM) is anticipated to show a quarterly earnings per share (EPS) of $3.03, reflecting a 9% increase year-over-year, with revenues expected to reach $11.17 billion, marking an 11.7% year-over-year growth [1] Revenue Estimates - Analysts project 'Revenues- Professional services and other' to be $558.68 million, indicating a year-over-year increase of 3.1% [3] - The estimated 'Revenues- Subscription and support' is $10.60 billion, representing a 12.2% increase from the previous year [4] - 'Revenues- Subscription and support- Agentforce Service' is expected to reach $2.58 billion, showing a 10.7% year-over-year change [4] - 'Revenues- Subscription and support- Agentforce Marketing and Agentforce Commerce' is forecasted at $1.43 billion, suggesting a 5.6% increase year-over-year [5] - The consensus for 'Revenues- Subscription and support- Agentforce 360 Platform, Slack and Other' stands at $2.24 billion, indicating a 16.7% year-over-year growth [5] - 'Revenues- Subscription and support- Agentforce Integration and Agentforce Analytics' is projected to be $2.05 billion, reflecting a 19.3% increase from the prior year [6] Geographic Revenue Estimates - 'Geographic Revenue- Americas' is expected to be $8.25 billion, indicating a significant year-over-year increase of 23.9% [6] - 'Geographic Revenue- Asia Pacific' is forecasted to reach $1.06 billion, reflecting a 6.5% increase from the previous year [7] - 'Geographic Revenue- Europe' is projected at $1.86 billion, indicating a year-over-year decline of 20.4% [7] Remaining Performance Obligation (RPO) - 'Remaining performance obligation (RPO) - Current' is estimated at $34.73 billion, up from $30.20 billion year-over-year [7] - 'Remaining performance obligation (RPO) - Total' is expected to be $72.61 billion, compared to $63.40 billion from the previous year [8] - 'Remaining performance obligation (RPO) - Noncurrent' is projected to reach $37.89 billion, up from $33.20 billion in the same quarter last year [8] Stock Performance - Salesforce shares have decreased by 18.8% over the past month, contrasting with the Zacks S&P 500 composite's decline of 0.8%, but the company holds a Zacks Rank 2 (Buy), indicating expected outperformance in the near term [9]

Core Insights - Salesforce, Inc. (CRM) shares increased by 2.1% after reporting better-than-expected earnings for Q3 fiscal 2026 and raising its full-year guidance [1][9] Financial Performance - Salesforce reported non-GAAP earnings of $3.25 per share, exceeding the Zacks Consensus Estimate by 14.04% and reflecting a year-over-year improvement of 34.9% [1][2] - Q3 fiscal 2026 revenues reached $10.3 billion, matching the Zacks Consensus Estimate and showing a 10% year-over-year increase [2][10] - Non-GAAP operating income was $3.64 billion, up 16.5% from the previous year, with an operating margin expansion of 240 basis points to 35.5% [6][12] Revenue Breakdown - Subscription and Support revenues, accounting for 95% of total revenues, increased by 9.5% year over year to $9.73 billion [3] - Professional Services and Other revenues declined by 5.7% to $533 million [3] - Revenues from the Americas grew by 8% to $6.7 billion, EMEA revenues increased by 7% to $2.5 billion, and Asia Pacific revenues rose by 11% to $1.1 billion [6] Segment Performance - Agentforce Sales revenues grew by 8.4% to $2.3 billion, while Agentforce Service revenues increased by 9% to $2.5 billion [5] - Agentforce 360 Platform, Slack and Other revenues rose by 19.5% to $2.18 billion, and Agentforce Integration and Analytics recorded a 6.1% increase to $1.39 billion [5] Guidance Update - Salesforce raised its revenue guidance for fiscal 2026 to a range of $41.45-$41.55 billion, reflecting a 9-10% year-over-year growth [9][10] - The company now expects non-GAAP earnings per share to be in the range of $11.75-$11.77, up from the previous forecast of $11.33-$11.37 [11] - For Q4 fiscal 2026, total sales are projected between $11.13 billion and $11.23 billion, indicating 11-12% growth from the previous year [13] Cash Flow and Shareholder Returns - Salesforce ended Q3 with cash, cash equivalents, and marketable securities totaling $11.32 billion, down from $15.37 billion in the previous quarter [7] - The company generated an operating cash flow of $2.3 billion and a free cash flow of $2.2 billion [7] - Salesforce returned $4.2 billion to shareholders, including $3.8 billion in share repurchases and $395 million in dividends [8]