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Salesforce Revenue Surges 9% on AI Product Boom
4 Dec
Summary
- Salesforce Q3 FY26 revenue reached $10.3bn, a 9% year-over-year increase.
- AI products Agentforce and Data 360 saw ARR grow 114% to nearly $1.4bn.
- The company raised its full-year FY26 revenue guidance to $41.45bn-$41.55bn.
Salesforce reported a substantial 9% year-over-year revenue increase for the third quarter of fiscal year 2026, reaching $10.3bn. Net income also saw a significant rise to $2.08bn, compared to $1.52bn in the prior year's period. The company's operating cash flow grew by 17% and free cash flow by 22%.
Momentum was particularly strong in its AI product suite. Agentforce and Data 360 demonstrated explosive growth, with their combined annual recurring revenue nearing $1.4bn, a 114% leap from last year. Agentforce alone surpassed half a billion dollars in ARR, experiencing a 330% year-over-year increase, processing over 3.2 trillion tokens.
Reflecting confidence in continued performance, Salesforce has raised its fiscal year 2026 revenue guidance to a range of $41.45bn to $41.55bn. This upward revision underscores the company's successful strategy in leveraging AI innovation to drive substantial financial gains and shareholder returns.
