Salesforce's Benioff Slams 'SaaSpocalypse' Narrative as Earnings Soar

Salesforce CEO Marc Benioff recently spoke out against the 'SaaSpocalypse' narrative that has affected software stocks in 2026.

In a call to action, he dismissed claims of declining sales and customer abandonment as 'nonsense.'

Bienoff pointed to Salesforce's recent earnings report, which showed an 11% increase in revenue to $15.84 billion, with the company's stock price rising by 22.6%

The strong earnings print is a clear indication that the SaaSpocalypse narrative may be exaggerated.