Salesforce Crushes Q2 Estimates, Raises FY27 Guidance by $300M

Salesforce reported a record second quarter for fiscal 2027, with revenue of $11.35 billion, up 11% year-over-year in constant currency and above guidance.

CRPO accelerated to $33.5 billion, up 14%, while free cash flow surged 81% to $1.1 billion.

CEO Marc Benioff declared the 'SaaSpocalypse' narrative dead, citing the strongest net new AOV growth in four years and near-record low attrition.

The company's AI consumption hit 3.2 billion AWUs, up 97% QoQ, and Slackbot users grew 150% to 1 million.