Salesforce Inc (NYSE:CRM) reported financial results for the fourth quarter of fiscal 2026 after the market close on Wednesday. Here’s look at the key details from the print.
- Salesforce stock is showing exceptional strength. Why is CRM stock up today?
Salesforce Exceeds Analyst Estimates In Q4
Salesforce posted fourth-quarter revenue of $11.2 billion, beating the consensus estimate of $11.18 billion. The enterprise software company said adjusted earnings came in at $3.81 per share, above expectations of $3.04 per share, according to Benzinga Pro.
Revenue in the quarter was up 12% on a year-over-year basis. Salesforce said it ended the quarter with total remaining performance obligations of $72.4 billion, up 14% year-over-year.
The company had approximately $7.33 billion in cash and cash equivalents at the end of the period.
“We've rebuilt Salesforce to become the operating system for the Agentic Enterprise, bringing humans and agents together on one trusted platform. And the more intelligence moves to where work happens, the more valuable Salesforce becomes,” said Marc Benioff, chair and CEO of Salesforce.
What’s Next For Salesforce?
Salesforce’s board announced a higher quarterly dividend of 44 cents per share, payable on April 23 to shareholders of record as of April 9. The company also introduced a new $50 billion share repurchase program that will replace all previous authorizations.
Salesforce expects first-quarter revenue to be in the range of $11.03 billion to $11.08 billion versus estimates of $10.99 billion. The company anticipates first-quarter adjusted earnings of $3.11 to $3.13 per share versus estimates of $3 per share.
Salesforce expects fiscal 2027 revenue to be in the range of $45.8 billion to $46.2 billion versus estimates of $46.05 billion. The company sees full-year adjusted earnings in the range of $13.11 to $13.19 per share versus estimates of $13.12 per share.
“Agentic AI is a tailwind for our business, and we're well on our way to $63 billion in revenue in FY30,” Benioff added.
Salesforce executives will further discuss the quarter on an earnings call scheduled for 5 p.m. ET. A link to the call has been provided below.
CRM Stock Slips After The Bell
CRM Price Action: Salesforce shares were down 4.21% in after-hours, trading at $184 at the time of publication on Wednesday, according to Benzinga Pro.
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