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Salesforce, Inc. (CRM) Barclays twenty third Annual International Expertise Convention December 11, 2025 3:10 PM EST
Firm Contributors
Miguel Milano – President & Chief Income Officer
Convention Name Contributors
Raimo Lenschow – Barclays Financial institution PLC, Analysis Division
Presentation
Raimo Lenschow
Barclays Financial institution PLC, Analysis Division
Thanks for becoming a member of us for our subsequent session. Actually joyful to have Miguel Milano on right here from Salesforce. Initially I believed we discuss in regards to the World Cup soccer like a German commentator, however possibly we sort of do not go there. We do it afterwards.
Miguel Milano
President & Chief Income Officer
It hurts. Nonetheless hurts.
Query-and-Reply Session
Raimo Lenschow
Barclays Financial institution PLC, Analysis Division
It nonetheless hurts from the euro, however anyway. However let’s begin extra greater image to get everybody grounded. You reported like superb outcomes final week from like — because you’re operating gross sales, like, what’s it out out of your perspective?
Miguel Milano
President & Chief Income Officer
Sure. So thanks very a lot — by the way in which, thanks for the chance to be right here. Hiya, everybody. That is thrilling. So we printed actually a really robust quarter throughout. Q3 was one of the best Q3 ever within the historical past of the corporate. That is good — good begin. It was additionally the — when it comes to bookings, it was the fastest-growing reserving quarter in 3.5 years. I believe the Q1 fiscal yr ’23 was a bit higher. Bookings grew much more than the CRPO numbers that we printed.
The opposite factor that was fairly cool was the — I imply it is a metric that now the entire firm is concentrated on is web new AOV like web new ARR. And that is the distinction between the bookings minus the attrition. And that piece grew considerably, considerably far more than the expansion of the ARR. And that is
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