Salesforce (CRM) has announced a new $50 billion U.S. stock buyback program along with financial results that topped Wall Street forecasts.
The San Francisco-based software company announced earnings per share (EPS) of $3.81 U.S., which beat the $3.04 U.S. consensus expectation of analysts.
Revenue in the period totaled $11.20 billion U.S., which was ahead of the $11.18 billion U.S. that had been forecast on Wall Street. Sales were up 12% year-over-year.
The $50 billion U.S. share repurchase program comes as Salesforce’s stock has fallen 24% this year on worries about artificial intelligence (A.I.) disruptions.
While the print and stock buybacks were positive news, Salesforce’s reported guidance that underwhelmed analysts and investors, sending its stock down 4% as a result.
Management said they expect earnings in the current first quarter of 2026 to come in at $3.11 U.S. to $3.13 U.S. per share, as well as $11.03 billion U.S. to $11.08 billion U.S. in revenue.
Analysts had $3.00 U.S. a share and $10.99 billion U.S. in revenue penciled in for the company.
For the entire year, Salesforce called for $13.11 U.S. to $13.19 U.S. in earnings per share on $45.8 billion U.S. to $46.2 billion U.S. in revenue, which implies 10% to 11% growth.
Wall Street expected a full-year profit of $13.12 U.S. per share and $46.06 billion U.S. in revenue.
Salesforce has been dealing with persistent worries among investors that A.I. models will harm software companies’ future growth.
During Q4 2025, Salesforce released an A.I.-enabled assistant in its Slack team communication app for paying clients.
The company also completed its $8 billion U.S. Informatica acquisition and announced plans to buy marketing company Qualified.
Salesforce is working to expand adoption of its Agentforce A.I. technology for automating customer service and other corporate functions.
At the same time, the company is seeing a benefit from its stake in privately held A.I. startup Anthropic, generating an $811 million U.S. return on its strategic investment.
CRM stock has declined 38% over the past 12 months to trade at $191.75 U.S. per share.
