Salesforce reported third quarter revenue of $10.3 billion, up 9% year-over-year, with a non-GAAP operating margin of 35.5%. The company raised its full-year fiscal 2026 revenue and operating cash flow guidance, signaling confidence in future performance.

Key Highlights

  • Signaling solid demand, current remaining performance obligation (cRPO) grew 11% year-over-year to $29.4 billion, with the company guiding for cRPO growth to accelerate to approximately 15% in Q4.
  • The company's new AI-related products showed significant traction, with Agentforce and Data 360 annual recurring revenue (ARR) growing 114% year-over-year to nearly $1.4 billion.
  • Profitability and cash generation were strong, with free cash flow growing 22% year-over-year to $2.2 billion and the company returning $4.2 billion to shareholders via buybacks and dividends.