Salesforce (CRM) Revenue — Quarter Ended Oct 31, 2024
Revenue increased for the reported quarter, continuing the upward trend seen over the past year. The growth rate was modest compared to the preceding quarter but remained robust relative to the same quarter one year earlier.
Key takeaway
Quarter ended Oct 31, 2024 · FY2025 Q3
Revenue increased for the reported quarter, continuing the upward trend seen over the past year. The growth rate was modest compared to the preceding quarter but remained robust relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9.4B
Revenue reported for this quarter.
Quarter-over-quarter
+1.3%
Change from the immediately preceding quarter.
Year-over-year
+8.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$37.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jan 31, 2024 | $9.3B | +10.8% |
| Apr 30, 2024 | $9.1B | +10.7% |
| Jul 31, 2024 | $9.3B | +8.4% |
| Oct 31, 2024 | $9.4B | +8.3% |
Revenue performance
The reported revenue rose both sequentially and year-over-year, reflecting sustained demand for the company's offerings.
Quarterly comparison
Compared to the immediately preceding quarter, revenue growth slowed. However, the year-over-year comparison showed a stronger increase, indicating solid long-term momentum.
What to watch
Revenue growth decelerated from the prior quarter's sequential pace.