Salesforce Reports Record FY26 Results, Authorizes $50B Share Buyback, and Raises Dividend

summarizeSummary

Salesforce announced strong Q4 and full fiscal year 2026 results, highlighted by record revenue and cash flow, alongside a new $50 billion share repurchase authorization and an increased quarterly dividend.

check_boxKey Events

• Record Fiscal Year 2026 Results

  Salesforce reported full fiscal year 2026 revenue of $41.5 billion, up 10% year-over-year, with GAAP operating margin of 20.1% and non-GAAP operating margin of 34.1%. Operating cash flow reached $15.0 billion, up 15% year-over-year, and free cash flow was $14.4 billion, up 16% year-over-year.

• New $50 Billion Share Repurchase Program

  The Board of Directors authorized a new $50 billion share repurchase program, replacing all previously unused authorizations, demonstrating a significant commitment to shareholder returns.

• Quarterly Dividend Increased

  Salesforce increased its quarterly cash dividend to $0.44 per share of outstanding common stock, representing a 5.8% year-over-year increase.

• Strong FY27 and Raised FY30 Guidance

  The company initiated full year FY27 revenue guidance of $45.8 billion to $46.2 billion, projecting 10%-11% year-over-year growth, with an expectation for organic revenue re-acceleration in the second half of FY27. The full year FY30 revenue target was raised to $63 billion.

auto_awesomeAnalysis

Salesforce delivered robust financial results for fiscal year 2026, exceeding $41.5 billion in revenue and generating substantial operating and free cash flow. The announcement of a new $50 billion share repurchase program, replacing all prior authorizations, signals a significant commitment to returning capital to shareholders and reflects strong confidence in future cash generation. The increase in the quarterly dividend further reinforces this positive outlook. Management's guidance for FY27, including an expectation for organic revenue re-acceleration in the second half, and a raised FY30 revenue target, provides a clear growth trajectory. The continued strong adoption of Agentforce and Data 360, with impressive ARR growth and work unit delivery, highlights the company's successful pivot into AI-driven solutions, which is expected to be a key growth driver.