Salesforce delivered solid top-line growth in Q4 2025 with revenue of USD 9.993 billion, up 7.6% year over year and 5.8% quarter over quarter. The gross margin remained robust at approximately 77.8%, underscoring the high-margin nature of the company’s cloud-based subscription model, while operating income reached USD 1.82 billion and net income USD 1.71 billion, yielding net margins near 17.1% and EPS of USD 1.78 (diluted USD 1.75). Free cash flow generation remained exceptionally strong, with USD 3.82 billion of free cash flow and USD 3.97 billion of operating cash flow, contributing to a healthy liquidity position. Cash and cash equivalents plus short-term investments stood at roughly USD 14.0 billion, against total debt of USD 11.4 billion, implying a net cash stance of about USD 2.6 billion. The company continues to invest in platform-native growth (Sales Cloud, Service Cloud, Marketing Cloud, Tableau, and MuleSoft) and AI-enabled capabilities to bolster cross-sell, retention, and long-term ARR growth.