Salesforce Soars on Q2 Beat, Mark-to-Market Gain from Anthropic Investment
Salesforce's second-quarter fiscal 2027 results exceeded Wall Street expectations, with revenues growing 11% year over year to $11.35 billion.
The company's strategic investment stake in AI startup Anthropic contributed a $2.6 billion mark-to-market gain, significantly boosting profit.
Salesforce's Agentforce platform reached more than $1.5 billion in annual recurring revenue (ARR), while free cash flow surged 81% year over year to $1.1 billion.
The company raised full-year fiscal 2027 revenue guidance to $46.1-$46.4 billion, boosting investor sentiment and driving a post-earnings rally.