Salesforce Inc
CRM.NE
$20.21 5.10%
Exchange: NEO | Sector: Technology | Industry: Software Application
Q3 2026
Published: Dec 3, 2025

Earnings Highlights

  • Revenue of $10.26B up 8.6% year-over-year
  • EPS of $2.18 increased by 36.9% from previous year
  • Gross margin of 78.0%
  • Net income of 4.84B
  • "N/A" - N/A
CRM.NE
Company CRM.NE

Executive Summary

Salesforce reported QQ3 2026 revenue of USD 10.259 billion, representing year-over-year growth of 8.6% and a modest quarterly uptick of 0.2%. The gross profit amounted to USD 8.004 billion, yielding a gross margin of 78.0%, while operating income reached USD 2.189 billion for an operating margin of about 21.3%. A notable feature of the period was a positive net income of USD 4.842 billion, driven in part by an unusually favorable income tax benefit of USD 2.33 billion, which amplified bottom-line profitability beyond the core operating trajectory. Diluted EPS stood at USD 2.18, up about 36.9% year over year and 11.2% quarter over quarter. Cash flow remained robust with operating cash flow of USD 2.316 billion and free cash flow of USD 2.178 billion, supporting a liquidity profile that features USD 11.323 billion in cash and short-term investments and a reported net cash position (net debt) of approximately USD -6.28 billion. The company also executed aggressive capital allocation, including USD 3.801 billion in share repurchases and USD 3.95 billion in financing activity, contributing to a net cash movement of approximately negative USD 1.388 billion for the quarter. Balance sheet liquidity is reinforced by a strong current asset base (USD 21.063 billion) versus current liabilities (USD 21.41 billion) and sizable deferred revenue (USD 14.996 billion), underscoring durable ARR and platform monetization.

Key Performance Indicators

Revenue
Increasing
10.26B
QoQ: 0.22% | YoY: 8.63%
Gross Profit
Increasing
8.00B
78.02% margin
QoQ: 0.13% | YoY: 9.06%
Operating Income
Increasing
2.19B
QoQ: -6.17% | YoY: 15.58%
Net Income
Increasing
4.84B
QoQ: 156.60% | YoY: 217.09%
EPS
Increasing
2.19
QoQ: 11.17% | YoY: 36.88%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q3 2026 10,259.00 2.18 +8.6% View
Q2 2026 10,236.00 1.96 +9.8% View
Q1 2026 9,829.00 1.59 +7.6% View
Q4 2025 9,993.00 1.75 +7.6% View
Q3 2025 9,444.00 1.58 +8.3% View