Salesforce (CRM) Q3 FY2025 Earnings Breakdown

Key Highlights:

• Revenue Growth: Salesforce achieved $27.9 billion in revenue for the nine months ended October 31, 2024, representing a 9% year-over-year increase.
• "For the nine months ended October 31, 2024, revenue was $27.9 billion, an increase of 9 percent year-over-year."
• Operating Margin Expansion: Operating margin rose to 19% for the nine months ended October 31, 2024, compared to 13% in the same period last year. This signifies improved operational efficiency.
• "Operating margin, which represents income from operations as a percentage of total revenue, increased to approximately 19 percent for the nine months ended October 31, 2024 compared to approximately 13 percent for the same period in the prior year."
• Strong Earnings per Share: Diluted net income per share for the nine months ended October 31, 2024, was $4.60, a significant increase from $2.73 in the prior year.
• Robust Cash Flow: Cash provided by operations for the nine months ended October 31, 2024 was $9.1 billion, a 34% year-over-year increase, showcasing strong cash generation ability.
• Solid Remaining Performance Obligation: Total remaining performance obligation, a measure of future contracted revenue, was $53.1 billion at October 31, 2024, a 10% increase year-over-year, indicating continued strong demand for Salesforce's offerings.
• "Total remaining performance obligation, which represents all future revenue under contract yet to be recognized, as of October 31, 2024 was approximately $53.1 billion, an increase of 10 percent year-over-year."