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Salesforce, Inc. (CRM) reported third-quarter fiscal 2026 non-GAAP earnings of $3.25 per share, surpassing the Zacks Consensus Estimate by 14.04%, and showing a 34.9% year-over-year increase. The company’s revenues for the quarter totaled $10.3 billion, matching expectations and reflecting a year-over-year growth of 10%.
Salesforce, which derives 95% of its revenue from Subscription and Support services, saw a 9.5% increase in this segment to $9.73 billion. The company raised its revenue guidance for fiscal 2026 to $41.45-$41.55 billion, up from the previously projected $41.1-$41.3 billion, with expected non-GAAP earnings per share now estimated between $11.75-$11.77.
The company ended the quarter with $11.32 billion in cash and equivalents, down from $15.37 billion in the previous quarter, and generated an operating cash flow of $2.3 billion alongside a free cash flow of $2.2 billion.
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