Salesforce, Inc. SEC 10-Q Report

Salesforce, Inc., a global leader in cloud computing and customer relationship management (CRM) solutions, has released its Form 10-Q report for the third quarter of fiscal 2025. The report showcases the company's robust financial performance and strategic business initiatives, underscoring its continued growth and innovation in the industry.

Financial Highlights

• Total Revenues: $9,829 million, reflecting a growth from $9,133 million in the same period last year, driven by increased subscription and support revenues.
• Gross Profit: $7,564 million, up from $6,971 million, indicating improved cost management and efficiency.
• Income from Operations: $1,942 million, compared to $1,709 million in the prior year, showcasing effective cost control and operational efficiency.
• Net Income: $1,541 million, slightly higher than $1,533 million in the previous year, demonstrating stable profitability.
• Basic Net Income Per Share: $1.61, compared to $1.58, reflecting consistent earnings per share growth.
• Diluted Net Income Per Share: $1.59, up from $1.56, indicating a positive trend in earnings per share.

Business Highlights

• Revenue Segments: Subscription and support revenues were primarily driven by sales, service, platform and other, marketing and commerce, and integration and analytics. The sales segment contributed $2,131 million, service $2,334 million, platform and other $1,963 million, marketing and commerce $1,325 million, and integration and analytics $1,544 million.
• Geographical Performance: The Americas region generated $6,469 million in revenue, Europe contributed $2,337 million, and the Asia Pacific region accounted for $1,023 million. The United States represented approximately 93% of the Americas revenue.
• New Product Launches: During the third quarter of fiscal 2025, Salesforce introduced Agentforce, a new layer of its platform that enables companies to build and deploy AI agents for autonomous decision-making across business functions. This includes customizable agents for sales, service, marketing, and commerce.
• Future Outlook: Salesforce continues to focus on growth by investing in generative and agentic AI across all products, aiming to enhance customer interactions and expand its leadership in the cloud computing industry. The company is also working on reducing operating expenses to improve operating margins.

SEC Filing: Salesforce, Inc. [ CRM ] - 10-Q - May. 28, 2025