Salesforce Just Dropped a $60 Billion AI Bombshell--And Wall Street's Taking Notes

Salesforce (CRM, Financial) just delivered a quarter that could be read as a vote of confidence in its AI-first strategy. For the three months ended October 31, 2025, current remaining performance obligation reached $29.4 billion, up 11% year over year, while total RPO climbed to $59.5 billion, an increase of 12%. Total revenue rose 9% to $10.3 billion, with subscription and support revenue advancing 10% to $9.7 billion. The company reported a GAAP operating margin of 21.3% and a non-GAAP operating margin of 35.5%. Operating cash flow came in at $2.3 billion, up 17%, and free cash flow was $2.2 billion, up 22%, as Salesforce returned $4.2 billion to shareholders through $3.8 billion of share repurchases and $395 million in dividends.

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