Key takeaways
- Salesforce projects FY26 revenue between $41.45 billion and $41.55 billion, indicating strong growth.
- Agentforce and Data 360 achieved nearly $1.4 billion in ARR, growing 114% year over year.
- CEO Marc Benioff highlights Agentforce's rapid expansion, surpassing $500 million in ARR with 9,500 deals.
- Salesforce returned $4.2 billion to shareholders, demonstrating commitment to shareholder value.
- The acquisition of Informatica enhances Salesforce's data integration and governance capabilities.
Salesforce reported record third-quarter fiscal 2026 results, raising its full-year revenue outlook.
The current remaining performance obligation (cRPO) rose 11% year over year to $29.4 billion. cRPO represents the value of contracted revenue that a company has not yet recognised, but is expected to recognise within the next 12 months.
CEO Marc Benioff said the company’s AI portfolio continued to scale, with Agentforce and Data 360 reaching nearly $1.4 billion in annual recurring revenue, up 114% year over year. Agentforce alone surpassed $500 million in ARR in Q3, growing 330% from last year. “We now have over 9,500 paid Agentforce deals and 3.2 trillion tokens processed,” he said.
Salesforce now projects FY26 revenue between $41.45 billion and $41.55 billion. The company reported total Q3 revenue of $10.3 billion, up 9% year over year, driven by $9.7 billion in subscription and support revenue, which rose 10%.
GAAP operating margin guidance has been raised to 20.3%, while non-GAAP operating margin remains at 34.1%.
President and CFO Robin Washington said the quarter’s performance strengthens the company’s longer-term outlook. “Our Q3 momentum and continued Agentforce adoption further reinforce our path to achieve our $60 billion-plus organic revenue target and our Profitable Growth Framework target of 50 by FY30,” she said.
Salesforce returned $4.2 billion to shareholders during the quarter, including $3.8 billion in buybacks and $395 million in dividends. Remaining performance obligation (RPO) grew 12% to $59.5 billion.
The quarter also included Salesforce’s acquisition of Informatica, which will expand the platform’s data catalogue, governance, and integration capabilities.
For the fourth quarter, Salesforce expects revenue between $11.13 billion and $11.23 billion, with about 15% year-over-year growth in cRPO.
