Salesforce (NYSE: CRM) stock soared more than 10% in after-hours trading following the company’s Q3 2025 earnings report. The company beat revenue expectations, raised its full-year revenue outlook and highlighted progress in its artificial intelligence (AI) efforts.
The stock is currently trading at $366.30, up from Tuesday’s closing price of $331.76.
Salesforce is a leading cloud-based software company specializing in customer relationship management (CRM) solutions. The company’s market capitalization is approximately USD 317 billion.
Quarterly results
For the quarter ending October 31, 2024, Salesforce reported:
- Sales: US$9.44 billion, up 8% year-on-year, exceeding analyst expectations of US$9.35 billion.
- Net profit: USD 1.5 billion, up 25% year-on-year.
- Adjusted earnings per share were $2.41, slightly below analysts’ expectations of $2.44.
The company’s current remaining performance obligations (CRPO), a key indicator of future earnings, rose 10% to USD 26.4 billion, higher than expectations of USD 26.1 billion.
Guidance and perspective
Salesforce expects fourth-quarter 2025 revenue to be between $9.9 billion and $10.1 billion, and full-year financial revenue between $37.8 billion and $38 billion. This slightly raised the lower end of the company’s previous guidance and exceeded analysts’ expectations of $37.86 billion.
AI initiatives foster optimism
The company demonstrated its continued focus on artificial intelligence, particularly through its “Agentforce” platform.
Agentforce allows businesses to develop and deploy autonomous AI agents across a variety of functions, including sales, service, marketing, and commerce. Agents can handle tasks such as resolving customer inquiries, qualifying leads, and managing marketing campaigns without human intervention.
Here are some notable AI-related developments this quarter:
- The launch of the Agentforce Partner Network will enable businesses to integrate external data sources and third-party AI tools.
- Acquired Israeli startup Zoomin Software and cloud data specialist Own Co to enhance Salesforce’s AI capabilities.
CEO Marc Benioff called Agentforce “the epicenter of breakthrough transformation.” The financial impact is expected to become even more pronounced next fiscal year.
Salesforce stock has increased 29.4% since the beginning of the year.