Salesforce Inc. surged 21.6% on Thursday after reporting a sharp increase in non-GAAP earnings per share and raising its full-year revenue and profit guidance, underscoring the revenue potential of its AI-driven Agentforce platform. The company posted non-GAAP EPS of $5.90, well above the $3.27 consensus estimate, while revenue reached $11.35 billion, slightly exceeding the $11.33 billion forecast. Full-year revenue guidance was raised to $46.1 billion to $46.4 billion, and adjusted EPS guidance was lifted to $16.67 to $16.71 from a prior range of $14.06 to $14.12.
Salesforce’s Agentforce AI platform generated $1.5 billion in annual recurring revenue, a 240% year-over-year increase, accelerating from 205% growth in the prior quarter. The results reflect accelerating enterprise adoption of AI tools, with the company positioning its platform as a core driver of future revenue growth.
CrowdStrike Holdings Inc. climbed 19.4% after posting quarterly revenue of $1.47 billion, topping the $1.44 billion estimate. The company raised its full-year revenue guidance to $5.99 billion to $6.01 billion, signaling continued demand for its cybersecurity solutions amid rising enterprise digitalization. The stock’s gain followed a 6.9% EPS surprise and a 2.1% revenue beat.
Intuit Inc. reported a 13.8% EPS beat for its fiscal fourth quarter, with non-GAAP EPS of $4.03 compared with the $3.54 estimate, while revenue reached $4.40 billion against a $4.28 billion consensus. The stock rose 0.5% on the day, though analyst EPS estimates have been reduced by roughly 28% over the past 90 days, reflecting shifting market expectations.
Other software names advanced as well. JFrog surged 11.7% following a product launch, while European software stocks such as SAP ADR, Nemetschek, and TeamViewer gained 4.4%, 3.5%, and 3.0%, respectively. Adobe rose 5.9% after announcing an expanded partnership with Stagwell covering seven industry-specific solutions. Workday and Autodesk were scheduled to report after the market close on Thursday, with Workday’s earnings call potentially influenced by ongoing talks regarding a Silver Lake acquisition, and Autodesk’s results expected to reflect its $3.6 billion acquisition of MaintainX.
