Salesforce exceeded expectations with a record-breaking quarter, boasting $10.3 billion in revenue, up 9% YoY. Non-GAAP EPS reached $3.25, surpassing estimates. cRPO rose 11% to $29.4 billion, signaling strong future revenue prospects. Guidance increased, with full-year revenue projected at $41.5 billion, reinforcing Salesforce’s steady growth trajectory.

The AI and data business, including Agentforce and Data 360, reached $1.4 billion in ARR, with over 18,000 Agentforce deals closed. Salesforce boasts a 90% adoption rate among Forbes’ Top 50 AI companies. The “Agentic Enterprise” aims to drive long-term revenue and profit, positioning AI as a core momentum driver for the company.

Informatica’s acquisition contributed to revenue growth, adding 80 basis points for the full year and three points for Q4. Despite a strong quarter, the $1.4 billion AI-and-data run-rate within a $41 billion business indicates growth but not transformation. Salesforce’s core business remains robust, with an added layer of fast-compounding AI.

Salesforce’s impressive quarter, with revenue exceeding $10 billion and strong EPS, reinforces its position as a key player in the AI age. While not a hypergrowth story, the company’s steady growth trajectory and commitment to innovation are evident in the positive investor response.

Read more at Yahoo Finance: Salesforce beats on earnings and gives its AI story teeth