Salesforce reports Q2 FY2027 results and raises outlook
Salesforce posted Q2 FY2027 revenue of $11.3 billion, up 11% year over year; GAAP diluted EPS rose to $4.29.
Non-GAAP diluted EPS climbed to $5.90; GAAP operating margin narrowed 2.3 percentage points to 20.5%.
Current remaining performance obligation rose to $33.5 billion, up 14% year over year; remaining performance obligation increased 11% to $66.3 billion.
Operating cash flow jumped 71% to $1.3 billion; free cash flow surged 81% to $1.1 billion.
Raised FY2027 revenue outlook to $46.1 billion-$46.4 billion; expects Q3 revenue of $11.42 billion-$11.5 billion.