Salesforce Q4 Earnings: Revenue Beat, EPS Beat, 'Well Positioned' For AI Boom And More

Salesforce Inc CRM reported fourth-quarter financial results Wednesday after the bell. Here’s a look at the key metrics from the quarter.

Q4 Earnings: Salesforce’s fourth-quarter revenue increased 11% year-over-year to $9.29 billion, which beat the consensus estimate of $9.22 billion, according to Benzinga Pro. The company reported quarterly adjusted earnings of $2.29 per share, which beat analyst estimates of $2.26 per share.

Operating margin came in at 17.5% for the fourth quarter. Cash flow from operations was up 22% year-over-year to $3.4 billion, and free cash flow was up 27% to $3.26 billion. The company ended the quarter with remaining performance obligations of $56.9 billion, up 17% year-over-year.

Salesforce’s board declared its first-ever cash dividend of 40 cents per share, payable on April 11 to shareholders of record as of March 14. The company’s board also increased its share repurchase program by $10 billion.

“With our trusted, unified Einstein 1 Platform, we’re incredibly well positioned to build on our success and capitalize on the massive surge in tech spending expected over the coming years, delivering an unprecedented level of intelligence to our customers as AI transforms every company and industry,” said Marc Benioff, chair and CEO of Salesforce.

Outlook: Salesforce sees first-quarter revenue in a range of $9.12 billion to $9.17 billion versus estimates of $9.15 billion. The company anticipates first-quarter adjusted earnings of $2.37 to $2.39 per share versus estimates of $2.20 per share. 

Salesforce expects full-year 2025 revenue to range from $37.7 billion to $38 billion versus estimates of $38.62 billion. The company sees full-year adjusted earnings between $9.68 and $9.76 per share versus estimates of $9.57 per share. 

Management will hold a conference call to discuss these results at 5 p.m. ET.

Don’t Miss This: Salesforce Charts Indicate Robust Bullish Trend Ahead Of Q4 Earnings

CRM Price Action: Salesforce shares were down 4.99% after hours at $285 at the time of writing, according to Benzinga Pro.

Photo: courtesy of Salesforce.