Salesforce Reports Strong Q2 Earnings with Revenue Growth, Record ARR in AI and Agentforce
Salesforce reported second-quarter revenue of $11.35 billion for fiscal year 2027, reflecting an 11% increase driven by growth from Slack and the Agentforce platform. The company's Current Remaining Performance Obligation (cRPO) reached $33.5 billion, up 14% year-over-year. Non-GAAP earnings per share were reported at $5.90, a 103% rise compared to last year, while GAAP EPS rose by 119%. Agentforce ARR exceeded $1.5 billion with over 240% growth due in part to the inclusion of Slackbot and Headless 360. The company also reported nearly $3.9 billion in AI and Data ARR, a more than 210% increase year-over-year. Free cash flow rose by 81%, reaching $1.1 billion for Q2. Salesforce raised its full-year revenue guidance to between $46.1 billion and $46.4 billion, reflecting an expected growth of 11-12%. The company also announced plans to repurchase at least 14% of shares outstanding through a $25 billion accelerated share buyback program.
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Topics: ARR free_cash_flow guidance revenue