Salesforce Q2: Revenue Hits $11.3B, EPS Soars 103%, Guidance Raised
CRM sits 38% above its 52-week low of $146.32.
Summary
Salesforce delivered a blowout Q2 FY27: revenue of $11.3B (up 11% Y/Y), non-GAAP EPS of $5.90 (up 103%), and cRPO growth of 14%. Net income was $3.53B. Agentforce ARR surged past $1.5B, up over 240% Y/Y, and Data 360 ARR nearly $3.9B. Management raised full-year revenue guidance to $46.1B-$46.4B and initiated Q3 guidance of $11.42B-$11.5B, both above consensus. The company also noted the pending Contentful and Fin acquisitions are expected to close in Q3 and are included in guidance.
At the time of this announcement, CRM was trading at $201.88 on NYSE in the Technology sector, with a market capitalization of approximately $168.5B. The 52-week trading range was $146.32 to $269.11. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: BusinessWire.