Salesforce reported strong second quarter fiscal 2027 results, surpassing expectations on both the top and bottom lines. Growth was underpinned by the Informatica acquisition and a reacceleration in deal volume related to the new Agentforce platform, leading management to raise full-year revenue guidance despite a strengthening U.S. dollar creating foreign exchange headwinds.
Key Highlights
- Current Remaining Performance Obligation (cRPO) reached $33.5 billion, representing a 14% year-over-year increase in constant currency, consistent with analyst targets.
- Non-GAAP diluted EPS of $5.90 was significantly boosted by a $2.53 per share contribution from gains on strategic investments, while non-GAAP operating margin expanded to 34.1%.
- AI and data integration metrics showed high momentum, with Agentforce and Data 360 annual recurring revenue reaching nearly $3.9 billion, up over 210% year-over-year.