Salesforce Earnings Show Modest Growth Acceleration Ahead

Salesforce CRM reported solid fiscal second-quarter earnings, with revenue of $11.35 billion increasing 11% year-over-year.

The figure landed near the high end of management's guidance and strengthened Morningstar's confidence in Salesforce's ability to produce modest organic growth acceleration during the second half.

Agentforce ARR exceeded $1.5 billion, combined Agentforce and Data 360 ARR approached $3.9 billion, and Agentic Work Units nearly doubled sequentially.

Salesforce added 2,000 paying production customers, with half of Agentforce bookings coming from customers replenishing consumed Flex Credits.