Salesforce, Inc. Q3 FY2026 Earnings Results vs. Expectations
ReportsAug 26, 2026
SlotAfter Market Close
Results are out
This quarter has reported. The consensus below is what we expected going in.
What the Street expects
EPS · NON-GAAP
$3.27
Guided $3.25–$3.27
QoQ−15.7%
YoY+12.4%
Revenue
$11.30B
Guided $11.27B–$11.35B
QoQ+1.5%
YoY+10.4%
QoQ and YoY are what the consensus implies against the prior quarter and the prior year.
Also on the card
Company guidance
$11.27–$11.35B revenue, $3.25–$3.27 non-GAAP EPS
GAAP EPS
$4.29 — the consensus above is non-GAAP $5.90
Strategic investment gains
$2.53 of the $5.90 non-GAAP EPS; ex those the figure is $3.37 vs $3.27 consensus
Quarter ended
July 31, 2026
Track record basis
Graded quarters use one estimate provider's matched pairs; older actuals are the reported figures this site stores
What to watch
- Current remaining performance obligation against approximately 14%, or about $33.5 billion. This is the single most valuable number in the release and it is not the revenue line.
- Non-GAAP net income, not non-GAAP EPS. Divide it by the year-ago $2,795 million. If it grows less than the earnings-per-share line — and on the guide it grows roughly zero — the difference is the buyback, and it will not repeat at this size once the programme…
- Whether full-year free-cash-flow growth stays at approximately 4–5%. February said 9–10%; May said 4–5% and blamed the bonds. A third number on Wednesday would be the clearest read available on what the $25 billion actually costs.
- Any Agentforce figure denominated in dollars of revenue rather than ARR, bookings, work units or tokens. There has never been one. If one appears, it is the most important disclosure of the quarter regardless of its size.
- The organic growth rate, excluding Informatica. Salesforce publishes the acquisition's contribution in dollars each quarter. Subtract it.
Estimate against reported
Our published estimate
Reported EPS
| Quarter | Estimate | Reported | Surprise |
|---|---|---|---|
| 2024 Q3 | — | $1.47 | — |
| 2024 Q4 | — | $1.58 | — |
| 2025 Q1 | — | $1.75 | — |
| 2025 Q2 | — | $1.59 | — |
| 2025 Q3 | — | $1.96 | — |
| 2025 Q4 | — | $2.19 | — |
| 2026 Q2 | $2.12 | $2.42 | +14% |
| 2026 Q3 | $3.27 | $5.90 | +80% |
Estimates are the consensus we published on our own preview for that quarter; quarters we did not preview carry the reported figure only. Where a consensus was set on a non-GAAP basis, the reported column shows that same measure.
Every quarter
Read the full preview → Q3 FY2026 release page View CRM stock page