Haven't seen an earnings post so thought i would make one.
Salesforce up nearly 20% since Q2 release yesterday
The Highlights
Revenue: $11.35B (+11% YoY), slightly beating the $11.32B consensus estimate.
GAAP EPS: Reported $4.29 GAAP EPS vs. $1.80 consensus estimate.
The huge GAAP EPS beat was primarily driven by a $2.6B unrealised paper gain on CRM’s equity stake in Anthropic. If you strip that out it was about on par with estimates.
"Claudeforce" Strategic Partnership: Announced a deep integration bringing Claude's reasoning engine to Agentforce and Slack, while embedding Salesforce enterprise data tools directly inside the Claude interface.
Combined Agentforce + Data 360 ARR approached $3.9B, with standalone Agentforce ARR growing 240% YoY to $1.5B
Growth in all major metrics such as seats, AOV, cRPO, ARR etc