Salesforce Inc (CRM) delivered strong second-quarter financial results, exceeding analyst expectations and raising its full-year guidance. The enterprise cloud solutions company reported revenue of $9.33 billion, surpassing the consensus estimate of $9.23 billion. This represents an 8% year-over-year increase.
Adjusted earnings per share reached $2.56, beating analyst estimates of $2.36. Salesforce also highlighted positive performance in key operational areas. Operating margin reached 19.1%, with a non-GAAP operating margin of 33.7%. Cash flow from operations grew by 10% year-over-year, while free cash flow saw a 20% increase. The company ended the quarter with remaining performance obligations (RPO) of $26.5 billion, up 10% year-over-year.
Marc Benioff, chair and CEO of Salesforce, expressed satisfaction with the quarter’s performance, highlighting strong growth in revenue, cash flow, margin, and RPO. He also emphasized the company’s focus on leveraging its new Agentforce AI platform to redefine enterprise software and empower customer success through human-AI collaboration.
In a separate announcement, Salesforce disclosed that Amy Weaver has decided to step down from her position as president and CFO. Weaver will remain in the role until a suitable successor is appointed.
Looking ahead, Salesforce provided guidance for the third quarter, projecting revenue between $9.31 billion and $9.36 billion. The company anticipates adjusted earnings per share ranging from $2.42 to $2.44. For the full year 2025, Salesforce maintains its revenue forecast of $37.7 billion to $38 billion and has raised its full-year adjusted earnings outlook to $10.03 to $10.11 per share.
Salesforce shares saw a positive reaction to the earnings announcement, rising by 3.51% in after-hours trading, reaching $268 per share at the time of publication.
