Salesforce AI ARR Jumps 300%; Data Cloud Revenue Doubles in Q4
Salesforce shares fell 19.5% over one month and 40.2% over 52 weeks. Subscription revenue and cRPO both beat guidance in Q4 2025, while Agentforce ARR jumped 300% and Data Cloud ARR more than doubled, supporting management’s push for revenue acceleration over 12–18 months and low-teens earnings growth through 2028.
1. Q4 Performance Highlights
In Q4 2025, Salesforce delivered subscription revenue growth and current remaining performance obligation that both exceeded company guidance, driving signs of stabilized growth and renewed momentum.
2. AI and Data Cloud Traction
The Agentforce AI solution saw annual recurring revenue increase by over 300%, while Data Cloud ARR more than doubled, providing measurable contributions from AI-driven services.
3. Forward Outlook and Valuation
Management is targeting accelerated revenue growth over the next 12–18 months and low-teens earnings growth through 2028, supported by disciplined capital allocation and aggressive share repurchases; shares have declined over 40% in the past year.