Software · NYSE: CRM
Salesforce earnings: results, call transcripts & KPI history
2 quarters · fiscal year ends January · next results expected around 2 Dec 2026
Latest: Q2 FY2027
Salesforce delivered record second quarter fiscal 2027 results: revenue of $11.3 billion, up 11% Y/Y and in CC, GAAP diluted net income per share of $4.29 and non-GAAP diluted net income per share of $5.90, with cRPO of $33.5 billion, up 14% Y/Y and in CC.
Salesforce grew revenue 11% to $11.3 billion, including $456 million from the Informatica acquisition. Current remaining performance obligation (contracted revenue due within a year) reached $33.5 billion, up 14% in constant currency. Agentforce and Data 360 ARR reached nearly $3.9 billion. GAAP diluted EPS of $4.29 was lifted by gains on strategic investments. Non-GAAP operating margin was 34.1% and free cash flow was $1.1 billion, up 81%.
Read the Q2 FY2027 summary →Q2 FY2027 slides (PDF) ↗Official transcript (PDF) ↗
Quarters
KPI history
Fourth quarter worked out from the annual figure.
Data
| Q3 FY25 | $9.4B |
| Q4 FY25 | $10.0B * |
| Q1 FY26 | $9.8B |
| Q2 FY26 | $10.2B |
| Q3 FY26 | $10.3B |
| Q4 FY26 | $11.2B * |
| Q1 FY27 | $11.1B |
| Q2 FY27 | $11.3B |
Data
| Q3 FY25 | $1.58 |
| Q1 FY26 | $1.59 |
| Q2 FY26 | $1.96 |
| Q3 FY26 | $2.19 |
| Q1 FY27 | $2.42 |
| Q2 FY27 | $4.29 |
Fourth-quarter EPS appears once the press release is read; filings report it only for the full year.
Data
| Q3 FY25 | 20.0% |
| Q4 FY25 | 18.2% |
| Q1 FY26 | 19.8% |
| Q2 FY26 | 22.8% |
| Q3 FY26 | 21.3% |
| Q4 FY26 | 16.7% |
| Q1 FY27 | 21.1% |
| Q2 FY27 | 20.5% |
Data
| Q3 FY25 | $1.8B |
| Q4 FY25 | $3.8B |
| Q1 FY26 | $6.3B |
| Q2 FY26 | $605.0M |
| Q3 FY26 | $2.2B |
| Q4 FY26 | $5.3B |
| Q1 FY27 | $6.6B |
| Q2 FY27 | $1.1B |
Operating cash flow minus capital expenditure, from cash flow statements.
| Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.4B | $10.0Bd | $9.8B | $10.2B | $10.3B | $11.2Bd | $11.1B | $11.3B |
| Gross margin | 77.7% | 77.8% | 77.0% | 78.1% | 78.0% | 77.6% | 76.9% | 76.7% |
| Operating income | $1.9B | $1.8Bd | $1.9B | $2.3B | $2.2B | $1.9Bd | $2.3B | $2.3B |
| Operating margin | 20.0% | 18.2% | 19.8% | 22.8% | 21.3% | 16.7% | 21.1% | 20.5% |
| Net income | $1.5B | $1.7Bd | $1.5B | $1.9B | $2.1B | $1.9Bd | $2.1B | $3.5B |
| Diluted EPS | $1.58 | — | $1.59 | $1.96 | $2.19 | — | $2.42 | $4.29 |
| Operating cash flow | $2.0B | $4.0Bd | $6.5B | $740.0M | $2.3B | $5.5Bd | $6.7B | $1.3B |
| Capital expenditure | $204.0M | $154.0Md | $179.0M | $135.0M | $139.0M | $141.0Md | $145.0M | $171.0M |
| Free cash flow | $1.8B | $3.8B | $6.3B | $605.0M | $2.2B | $5.3B | $6.6B | $1.1B |
| R&D expense | $1.4B | $1.4Bd | $1.5B | $1.5B | $1.4B | $1.6Bd | $1.6B | $1.7B |
From XBRL data in 10-Q and 10-K filings. d derived: a fourth quarter is the full year minus the first nine months, and cash flows are year-to-date figures differenced.
10-Q and 10-K filings
- 27 Aug 202610-Q for the period ended 31 Jul 2026SEC ↗
- 28 May 202610-Q for the period ended 30 Apr 2026SEC ↗
- 2 Mar 202610-K for the period ended 31 Jan 2026SEC ↗
- 4 Dec 202510-Q for the period ended 31 Oct 2025SEC ↗
- 4 Sep 202510-Q for the period ended 31 Jul 2025SEC ↗
- 29 May 202510-Q for the period ended 30 Apr 2025SEC ↗
- 5 Mar 202510-K for the period ended 31 Jan 2025SEC ↗
- 4 Dec 202410-Q for the period ended 31 Oct 2024SEC ↗