Summary by Futu AI
Salesforce reported strong financial results for Q3 FY2025, with total revenue increasing 8% year-over-year to $9.44 billion. Operating margin expanded significantly to 20% from 17% last year, while operating income grew 26% to $1.89 billion. Net income rose 25% to $1.53 billion, with diluted earnings per share of $1.58.The company demonstrated robust subscription and support revenue growth across all major product categories, with Sales Cloud up 11% to $2.12 billion and Service Cloud growing 10% to $2.29 billion. Geographic expansion continued with Europe revenue up 12% and Asia Pacific up 16%. Current remaining performance obligation stood at $26.4 billion, representing 10% year-over-year growth.During the quarter, Salesforce introduced Agentforce, a new AI platform layer enabling companies to build and deploy autonomous AI agents across business functions. The company maintained strong cash generation with operating cash flow of $1.98 billion, up 29% year-over-year. Under its share repurchase program, Salesforce bought back $1.23 billion of shares and paid $385 million in dividends during Q3.
