Salesforce reported strong Q3 FY2026 results driven by its Agentforce and Data 360 products, with notable growth in remaining performance obligations and a raised full-year revenue outlook.
Total revenues increased 9% year-over-year to $10.3 billion (8% in constant currency).
positiveSubscription and support revenue grew 10% year-over-year to $9.7 billion (9% in constant currency).
positiveCurrent remaining performance obligation (cRPO) grew 11% year-over-year to $29.4 billion (11% in constant currency), signaling a strong pipeline.
positiveRemaining performance obligation (RPO) grew 12% year-over-year to $59.5 billion.
positiveGAAP operating margin improved to 21.3% from 20.0% in the prior year.
positiveOperating cash flow increased 17% year-over-year to $2.3 billion, and free cash flow increased 22% to $2.2 billion.
positiveAgentforce and Data 360 ARR reached nearly $1.4 billion, up 114% year-over-year.
positiveFull year FY26 revenue guidance was raised to $41.45 billion - $41.55 billion.
positiveProfessional services and other revenue decreased 6% year-over-year to $533 million.
attentionRestructuring expenses increased significantly to $260 million from $56 million in the prior year's quarter.
attentionUnearned revenue decreased by $1.56 billion sequentially, indicating a potential slowdown in new bookings relative to revenue recognition.
attentionMargin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.
| Segment | Current | Prior Yr | YoY | % Total |
|---|---|---|---|---|
Subscription and support | $9726000.0B | $8879000.0B | — | 94.8% |
Professional services and other | $533000.0B | $565000.0B | — | 5.2% |
| Total Revenue | $10259000.0B | — | — | 100.0% |
Segment performance shows business unit health and growth drivers.
Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.
Special items are non-recurring events that may distort period-over-period comparisons. Analysts typically adjust for these when calculating normalized earnings.
Raising fiscal year 2026 revenue guidance to $41.45 billion to $41.55 billion.
Agentforce and Data 360 products are momentum drivers, hitting nearly $1.4 billion in ARR—an explosive 114% year-over-year gain.
Path to achieve $60 billion plus organic revenue target and Profitable Growth Framework target of 50 by FY30 reinforced by Q3 momentum and Agentforce adoption.
Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.
Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.