Salesforce's AI Agent Platform Drives Growth Ahead of Q2 Earnings

Salesforce is set to report its fiscal Q2 2027 earnings on August 26, with investors focused on the company's autonomous AI agent platform, Agentforce. Analysts expect revenue of around $11.33 billion for the quarter, a 11% year-over-year growth from Q2 FY26.

Agentforce has been a major driver of growth, with its annual recurring revenue reaching $1.2 billion as of Q1 FY27, more than doubling year-over-year. Agentic work units surged 205% to reach 3.8 billion, and the platform processed 28.6 trillion AI tokens, a 152% sequential increase.

Salesforce has raised its full-year revenue guidance for FY27 to $45.9 billion to $46.2 billion, with current remaining performance obligations (cRPO) targeted at roughly 14% year-over-year growth. However, investors will be watching the durability of Agentforce adoption, margins, and competition from companies like Microsoft and Google.