Salesforce, Inc. delivered strong second-quarter results, surpassing analyst expectations on both earnings and revenue. The company reported adjusted earnings per share (EPS) of $2.56, exceeding the anticipated $2.36. Revenue reached $9.33 billion, outperforming the estimated $9.23 billion. This represents an 8% year-over-year increase.
Amy Weaver, Salesforce’s president and CFO, highlighted the company’s continued focus on profitable growth, stating that operating margins reached record highs. The GAAP operating margin reached 19.1%, an increase of 190 basis points year-over-year, while the non-GAAP operating margin rose to 33.7%, up 210 basis points.
However, Weaver announced her resignation as president and CFO. She will remain in the CFO role until a successor is appointed, after which she will transition to an advisory position within Salesforce.
Salesforce provided optimistic guidance for the third quarter and the 2025 fiscal year. The company anticipates revenue between $9.31 billion and $9.36 billion for the third quarter, surpassing analyst estimates of $9.23 billion. Adjusted EPS is expected to be between $2.42 and $2.44, exceeding the projected $2.36. For the full fiscal year, Salesforce expects revenue between $37.7 billion and $38 billion, compared to analyst estimates of $37.84 billion.
The strong earnings report led several analysts to raise their price targets for Salesforce stock. As of the time of publication, Salesforce stock is trading 0.38% higher at $259.88.
