CRM Q3 2025 Earnings — Income Statement Breakdown
For its Q3 2025 period (ending 2025-10-31), CRM reported revenue of $10.3B, gross profit of $8.0B (78.0% gross margin), operating income of $2.2B, and net income of $2.1B (20.3% net margin). The flow of revenue into costs and profit is visualized below.
What changed
CRM was profitable; revenue grew 8.6% year over year, and EPS beat consensus by $0.51.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +8.6% | +36.6% | Not available |
| Quarter over quarter | +0.2% | +10.5% | Not available |
EPS was $2.66 versus $2.15 expected.
CRM Q3 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $10.3B | 100% |
| Cost of Revenue | −$2.3B | 22.0% |
| Gross Profit | $8.0B | 78.0% |
| Research & Development | −$1.4B | 14.0% |
| Selling, General & Administrative | −$4.1B | 40.2% |
| Other Operating Expenses | −$260M | 2.5% |
| Operating Income | $2.2B | 21.3% |
| Interest Expense | −$67M | 0.7% |
| Other Income, net | $391M | 3.8% |
| Income Tax Expense | −$426M | 4.2% |
| Net Income | $2.1B | 20.3% |
Source: original SEC filing (filed 2025-12-03). Accession 0001108524-25-000234. Data normalized by EarningsFyi.