Salesforce Smashes Q2 Earnings with Record Revenue
Salesforce has announced its strongest second quarter on record, with revenue reaching $11.3 billion and growth of 11%. The company's chief executive, Marc Benioff, highlighted the firm's impressive performance, citing strong growth in remaining performance obligations. Salesforce saw a significant increase in earnings per share, with non-GAAP EPS reaching $5.90, a 103% increase from previous years.
The company also reported robust free cash flow, delivering $15.2 billion in trailing twelve-month free cash flow. Additionally, Salesforce's Agentforce plus Data 360 ARR reached $3.9 billion, and the firm saw a significant increase in average weekly users, with 7.0 billion all-time AWUs.
Looking ahead to the full year, Salesforce has raised its FY27 guidance to between $46.1 billion and $46.4 billion. This growth is driven by the company's continued success in delivering innovative solutions to its customers.