Salesforce Inc. surged 11% in extended trading after the company reported second-quarter adjusted earnings per share of $5.90, well above the $3.27 consensus estimate, while revenue reached $11.3 billion, matching expectations and rising 11% year-over-year.
The San Francisco-based cloud software provider also posted an adjusted operating margin of 34.1% and operating cash flow of $1.3 billion, up 71% from the prior-year period. Annual recurring revenue for Agentforce and Data 360 climbed to nearly $3.9 billion, an increase of more than 210% year-over-year, with Agentforce alone exceeding $1.5 billion in ARR, up over 240%.
Current remaining performance obligations grew 14% year-over-year to $33.5 billion, while overall AI and data products ARR approached $4 billion. The company’s third-quarter revenue guidance ranges from $11.42 billion to $11.5 billion, with adjusted EPS expected between $3.42 and $3.44.
For the full fiscal year ending January 31, 2027, Salesforce raised its revenue guidance to $46.1 billion–$46.4 billion, representing 11%–12% growth, and lifted adjusted EPS guidance to $16.67–$16.71, significantly above the prior consensus. Third-quarter revenue is projected to rise to $11.46 billion at the midpoint, while full-year revenue guidance exceeds the $46.11 billion consensus.
Chief Executive Officer Marc Benioff highlighted the company’s performance, stating that the quarter marked one of the best in its history, with AI-driven products delivering value across the platform and strong demand for data and AI offerings.
Shares of Salesforce gained 11% in after-hours trading following the results, extending gains from the regular session.
