Salesforce climbs despite mixed Q3 results as Agentforce gains ground

Salesforce (NYSE:CRM) shares climbed higher during early post-market trading Tuesday after the customer relations management software giant reported its third quarter fiscal 2025 financial results.

Despite somewhat mixed results and guidance, Salesforce demonstrated consistent growth in revenue and subscriptions, up 8% and 9% year over year, respectively.

“Agentforce, our complete AI system for enterprises built into the Salesforce Platform, is at the heart of a groundbreaking transformation,” said CEO Marc Benioff. “The rise of autonomous AI agents is revolutionizing global labor, reshaping how industries operate and scale. With Agentforce, we’re not just witnessing the future—we’re leading it, unleashing a new era of digital labor for every business and every industry.”

For the quarter ended October 31, Salesforce reported adjusted earnings per share of $2.41, which was less than the consensus estimate of $2.45. However, revenue of $9.44B was $90M more than the estimate. Salesforce indicated the lower-than-expected earnings per share was due to losses on strategic investments.

For the quarter in progress, Salesforce expects revenue ranging from $9.9B to $10.1B, which was less than the consensus of $10.5B. The company expects earnings per share ranging from $2.57 to $2.62, which was again less than the estimate of $2.65.

Salesforce projects full-year fiscal 2025 revenue ranging from $37.8B to $38B, with a midpoint of $37.9B, just above the consensus of $37.86B. The company expects full-year earnings per share ranging from $9.98 to $10.03 with a midpoint of $10.01 less than the consensus of $10.11.