Salesforce, Inc. reported its second quarter fiscal 2026 results, achieving revenue of $10.2 billion, which is a 10% increase year-over-year. Subscription and support revenue rose 11% year-over-year to $9.7 billion, while the company’s current remaining performance obligation reached $29.4 billion, also up 11% year-over-year. The GAAP operating margin stood at 22.8%, with a non-GAAP operating margin of 34.3%. In total, Salesforce returned $2.6 billion to shareholders, comprising $2.2 billion in share repurchases and $399 million in dividends. Furthermore, the company initiated a $20 billion increase to its existing share repurchase program, bringing the total authorized amount to $50 billion.
Looking ahead, Salesforce provided guidance for the third quarter fiscal 2026, forecasting revenues between $10.24 billion and $10.29 billion, reflecting an 8% to 9% year-over-year increase. The company also raised its full-year fiscal 2026 revenue guidance to a range of $41.1 billion to $41.3 billion, projecting an 8.5% to 9% year-over-year growth. Additionally, the GAAP operating margin guidance was updated to 21.2%, while the non-GAAP operating margin guidance was raised to 34.1%. These results and guidance indicate the company's ongoing financial health and commitment to shareholder returns.
linkSep 03, 2025 16:03:27
Salesforce announced the appointment of Amy Chang and David Kirk to its Board of Directors, effective July 9, 2025. Both directors bring extensive experience in technology and innovation, with Chang being a former executive at Cisco and Kirk having served as a chief scientist at NVIDIA. Their appointments are expected to enhance the board's technical expertise and innovation leadership as the company navigates the evolving landscape of AI and digital solutions.
The company stated that there are no arrangements or understandings influencing their selection as directors, and both will receive standard compensation as outlined in Salesforce's compensation program for non-employee directors. The appointments are part of Salesforce's strategy to strengthen its governance and support its growth initiatives, particularly in relation to its AI-driven offerings and customer solutions.
linkJul 09, 2025 09:02:35
The Company has announced a proposed acquisition of Informatica, which is expected to impact both entities. Informatica will prepare and file an information statement and other relevant documents with the Securities and Exchange Commission (SEC) related to the transaction, which will be available to investors at no charge on the SEC's website or Informatica's investor site.
The press release highlights various risks associated with the acquisition, including potential disruptions to Informatica's business operations, the need for regulatory approvals, and the possibility of competing offers. Investors are encouraged to review the detailed risk factors and other information available in the periodic reports filed by both the Company and Informatica with the SEC.
linkJun 24, 2025 16:36:23
Salesforce announced its first quarter fiscal 2026 results, reporting revenue of $9.8 billion, which is an 8% increase year-over-year. The subscription and support revenue also rose by 8% to $9.3 billion. The company's current remaining performance obligation reached $29.6 billion, up 12% from the previous year. Salesforce generated an operating cash flow of $6.5 billion, reflecting a 4% increase, and returned $3.1 billion to shareholders through share repurchases and dividends. Additionally, the company has signed an agreement to acquire Informatica, which is expected to have no impact on fiscal year 2026 guidance due to the anticipated closing timing in early fiscal year 2027.
Salesforce has updated its guidance for the second quarter of fiscal 2026, projecting revenue between $10.11 billion and $10.16 billion, and has raised its full-year fiscal 2026 revenue guidance to between $41.0 billion and $41.3 billion. The company maintains its operating margin guidance and expects continued growth in operating cash flow. With the weakening U.S. dollar, Salesforce anticipates a favorable currency impact on its business, which has been factored into the updated guidance.
linkMay 28, 2025 16:05:54
Salesforce has signed a definitive agreement to acquire Informatica for approximately $8 billion in equity value. Under the terms, Informatica stockholders will receive $25 in cash per share. This acquisition aims to enhance Salesforce's data management capabilities, particularly in deploying AI technologies across enterprises. The integration of Informatica’s advanced data management tools with Salesforce's existing platforms is expected to create a comprehensive data solution that supports AI-driven decision-making and operational efficiency.
The transaction has been approved by the boards of both companies and is anticipated to close early in Salesforce's fiscal year 2027, pending regulatory approvals. The acquisition will be funded through a combination of cash and new debt. Salesforce expects to see positive impacts on its operating margins and earnings per share starting in the second year post-acquisition, driven by expected cost synergies and revenue growth from the combined data portfolio.
linkMay 27, 2025 08:11:04
Salesforce announced its fourth quarter and fiscal year 2025 results, reporting a fourth quarter revenue of $10.0 billion, which is an 8% increase year-over-year. The total remaining performance obligation reached $63.4 billion, up 11% from the previous year. The company achieved an operating cash flow of $13.1 billion, reflecting a 28% increase year-over-year. Additionally, annual recurring revenue from Data Cloud & AI saw significant growth, reaching $900 million, a 120% increase year-over-year, and the company closed 5,000 Agentforce deals, including over 3,000 paid deals in the quarter. Salesforce returned $9.3 billion to shareholders through share repurchases and dividends in FY25.
However, the company faced challenges with losses on strategic investments, which negatively impacted net income. Total revenue for FY25 was $37.9 billion, marking a 9% increase year-over-year, but the gains from strategic investments were not favorable, resulting in a net income of $6.2 billion, compared to $4.1 billion the previous year. Operating expenses also increased, with total operating expenses reported at $22.0 billion for FY25, up from $21.3 billion in FY24. Despite these challenges, Salesforce initiated guidance for FY26, projecting revenue growth of 7% to 8% year-over-year.
linkFeb 26, 2025 16:03:55
Salesforce has appointed Robin Washington as the new President and Chief Operating and Financial Officer, effective March 21, 2025. Washington, a seasoned executive with extensive experience in financial and operational strategy, has been with Salesforce's Board since 2013 and is expected to lead the company into a new phase focused on profitable growth and operational excellence. CEO Marc Benioff expressed excitement over her appointment, highlighting her previous contributions and strategic vision for the company.
On the negative side, the press release announced the retirement of Brian Millham, who has served as President and COO for 25 years, transitioning to an advisory role. This marks a significant leadership change, as Millham has been instrumental in shaping Salesforce's operations and customer success initiatives. Additionally, Amy Weaver, the current CFO, is set to leave the company following the appointment of a new CFO, indicating further transitions within Salesforce's executive team.
linkFeb 05, 2025 17:05:59
Salesforce announced its third quarter fiscal 2025 results, reporting a revenue of $9.44 billion, reflecting an 8% increase year-over-year. The company also highlighted a 29% growth in operating cash flow, amounting to $1.98 billion, and a total cash return to stockholders of $1.6 billion through share repurchases and dividends. Additionally, the current remaining performance obligation grew to $26.4 billion, up 10% year-over-year, indicating a strong demand for its services. The company raised its revenue guidance for the full year fiscal 2025 to between $37.8 billion and $38.0 billion, maintaining a growth outlook of 8% to 9% year-over-year for the fiscal year.
However, Salesforce faced challenges with losses on strategic investments, which impacted both GAAP and non-GAAP diluted net income per share by $0.17 and $0.18, respectively. The GAAP operating margin was reported at 20.0%, while the non-GAAP margin stood at 33.1%. Despite the overall positive performance, the company acknowledged the impact of these losses on its profitability metrics. Furthermore, there were fluctuations in total assets, which decreased from $99.8 billion to $91.4 billion over the past year, indicating potential concerns around asset management.
linkDec 03, 2024 16:03:38
The company has reported the creation of a direct financial obligation, which is noted in the referenced section of the document. This indicates a new commitment that may affect the company's financial standing moving forward.
No specific financial metrics or performance indicators were provided in the release. The report concludes with a formal signature from the President and Chief Financial Officer, Amy Weaver, affirming the information presented.
linkNov 05, 2024 16:09:32
Salesforce has announced its plan to acquire Own Company, a leading provider of data protection and management solutions, for approximately $1.9 billion. This acquisition highlights Salesforce's commitment to improving data security and compliance, aiming to better protect customer data and provide innovative solutions in response to the growing concerns around data loss and cyber threats. With nearly 7,000 customers relying on Own for safeguarding critical data, the integration is expected to enhance Salesforce's existing offerings and drive further innovation in data management.
The acquisition is timely, as businesses increasingly prioritize data security amid rising cyber threats and the complexities of digital transformation. Salesforce believes that by incorporating Own's expertise and capabilities, it can offer a more comprehensive suite of data protection products, reinforcing its mission to deliver secure solutions for its customers. The deal is expected to close in the fourth quarter of Salesforce's fiscal year 2025, and it is anticipated to have a positive impact on the company's cash flow in the following years.
linkSep 05, 2024 16:37:31