Summary by Futu AI
Salesforce reported strong Q3 FY25 results with revenue reaching $9.44B, up 8% YoY. Subscription and support revenue grew 9% to $8.88B, while GAAP operating margin expanded to 20.0% and non-GAAP operating margin reached 33.1%. The company delivered GAAP diluted EPS of $1.58 and non-GAAP diluted EPS of $2.41.The company demonstrated robust cash flow performance with operating cash flow of $1.98B, up 29% YoY, and free cash flow of $1.78B, increasing 30% YoY. Salesforce returned $1.6B to stockholders through $1.2B in share repurchases and $0.4B in dividend payments. Current remaining performance obligation stood at $26.4B, up 10% YoY.Looking ahead, Salesforce raised its FY25 guidance, projecting revenue of $37.8B to $38.0B, representing 8-9% YoY growth. The company also increased its FY25 GAAP operating margin guidance to 19.8% and non-GAAP operating margin guidance to 32.9%, while raising operating cash flow growth guidance to 24-26% YoY.