Companies /Technology

Salesforce Inc

NYSE: CRM Software - Application
$249.12
▼ $10.11 (−3.90%) today
Markets closed · 9:34pm ET

Q4 2026 Earnings

Reported Feb 25, 2026, 4:03pm ET · SEC source
$3.81
Beat +24.91%
EPS · est. $3.05
$11.2B
Beat +0.11%
Revenue · est. $11.2B
+1.1%
Beating market
CRM vs S&P since report
7 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
0+4%+8%Feb 25Feb 26report 4:03pm ETearnings−1.0%+5.1%
0+4%+8%Feb 25Feb 26earnings−1.0%+5.1%
CRM +5.1%S&P 500 −1.0%
0+4%+8%Feb 25Feb 26report 4:03pm ETearnings−1.6%+5.1%
0+4%+8%Feb 25Feb 26earnings−1.6%+5.1%
CRM +5.1%NASDAQ −1.6%
0+5%+10%Feb 24Mar 5report 4:03pm ETearnings−2.1%+11.0%
0+5%+10%Feb 24Mar 5earnings−2.1%+11.0%
CRM +11.0%S&P 500 −2.1%
−5%0+5%+10%Feb 24Mar 5report 4:03pm ETearnings−1.7%+11.0%
−5%0+5%+10%Feb 24Mar 5earnings−1.7%+11.0%
CRM +11.0%NASDAQ −1.7%
+4.03%
Day of report
−2.35%
Next session
+0.96%
One week
−7.24%
30 days

S&P 500 over the same 30 days: −8.32%.

Did CRM Beat Earnings? Q4 2026 Results

Salesforce closed out fiscal 2026 with a record fourth quarter that validated its pivot toward what the company calls the "Agentic Enterprise," delivering earnings per share of $3.81 against a consensus estimate of $3.05 — a beat of 24.92% — while revenue of $11.20 billion grew 12.1% year over year and edged past the $11.17 billion Wall Street had expected. The standout driver behind the earnings strength was the explosive early traction of Agentforce, which reached $800 million in ARR — up 169% year over year — with over 29,000 deals closed since launch, a 50% increase from the prior quarter. Agentforce and Data Cloud together hit $2.90 billion in combined ARR, up more than 200% year over year, signaling that the company's AI platform is gaining real commercial footing. Total remaining performance obligations surpassed $72.40 billion, up 14% year over year, providing substantial forward revenue visibility. For those <a href="https://247wallst.com/investing/2026/02/25/live-will-salesforce-crm-breakout-after-earnings/">watching for a post-earnings move</a>, management guided FY27 revenue of $45.80 billion to $46.20 billion, representing 10-11% growth, with non-GAAP diluted EPS expected between $13.11 and $13.19.

Key Takeaways
  • Agentforce and Data 360 ARR exceeds $2.9 billion, up over 200% Y/Y
  • Agentforce ARR reached $800 million, up 169% Y/Y
  • 29,000 Agentforce deals closed since launch, up 50% Q/Q
  • More than 60% of Agentforce and Data 360 Q4 bookings from existing customer expansion
  • NNAOV acceleration in H2 FY26
  • Industry businesses finished FY26 at $6.6 billion ARR, up nearly 20% Y/Y
  • Current RPO up 16% Y/Y to $35.1 billion
  • Informatica acquisition contributed $399 million to Q4 revenue

“We delivered a phenomenal quarter to close out a record fiscal 2026, delivering $41.5 billion in revenue, up 10% year-over-year and we passed an incredible milestone, with $72 billion in total RPO, up 14% year-over-year.”

Salesforce CEO, on the earnings call

Forward Guidance & Outlook

Salesforce initiated FY27 full-year revenue guidance of $45.8 billion to $46.2 billion, representing 10-11% Y/Y growth (approximately 10-11% in constant currency), including approximately 3 points of Informatica contribution. Q1 FY27 revenue is guided at $11.03 billion to $11.08 billion, up 12-13% Y/Y. The company expects organic revenue re-acceleration in H2 FY27. FY27 non-GAAP operating margin is guided at 34.3%, with GAAP operating margin of 20.9%. FY27 non-GAAP diluted EPS is guided at $13.11 to $13.19. Operating cash flow growth is expected at approximately 9-10% Y/Y. Free cash flow growth is guided at approximately 9-10%. Capital expenditures are expected at approximately 1.5% of revenue. The company raised its long-term FY30 revenue target to $63 billion including Informatica.

CRM YoY Financials

Q4 2026 vs Q4 2025 · SEC filings Q4 2025 Q4 2026
$0$4.0B$8.0B$12.0B$10.0B$11.2BRevenue$7.8B$8.7BGross Profit$1.8B$1.9BOperating Income$1.7B$1.9BNet Income
$0$4.0B$8.0B$12.0BRevenueGross ProfitOperating IncomeNet Income

CRM Revenue by Segment

Service$2.5B+9.0%
Sales$2.3B+9.0%
Integration and Analytics$1.8B+4.0%
Marketing and Commerce$1.4B+1.0%
Professional Services

CRM Revenue by Geography

Americas$7.3B+9.0%
Europe$2.8B+19.0%
Asia Pacific$1.1B+14.0%

Figures from SEC filings and company reports. Not investment advice.