Today, Salesforce announced its second-quarter results and provided a forecast exceeding $60 billion in revenue by 2030, driven by rapid AI feature deployment across its cloud services.
Salesforce’s revenue for the second quarter hit $10.2 billion, a 10% increase compared to the previous year.
Additionally, the company announced a $20 billion boost to its share repurchase program, raising the total to $50 billion.
Marc Benioff, Chair and CEO, Salesforce told investors, “We delivered an outstanding quarter to close out the first half of the year, with strong performance across revenue, margin, cash flow, and cRPO—and we remain on track for fiscal 2026 to be a record year with nearly $15 billion in operating cash flow. These results reflect the success of our customers—like Pfizer, Marriott, and the U.S. Army—who are transforming into agentic enterprises, where humans and AI agents work side by side to reimagine workflows, accelerate productivity, and deliver customer success.”
Robin Washington, company President and COO and CFO stated, “Our second quarter results highlight our ability to drive profitable growth while helping our customers and ourselves become agentic enterprises. We exceeded all our financial targets while achieving our tenth consecutive quarter of operating margin expansion, delivering strong returns and maximizing value for our customers and shareholders.”
The positive outlook is encouraging for the company since Salesforce’s stock has dropped 29% this year.
Salesforce shares rose 4% in premarket trading following the announcement.
By CEO NA Editorial Staff
