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Salesforce Posts $11.35B Q2 Revenue and 22% Stock Rally.

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Salesforce Posts $11.35B Q2 Revenue and 22% Stock Rally.
Salesforce Reports Strong Q2 FY2027 Revenue of $11.35 Billion, Powered by Anthropic Investment Gains and Enterprise Resilience

Enterprise software leader Salesforce has released its financial results for the second quarter of fiscal year 2027 (ended July 2026), posting total quarterly revenue of $11.35 billion an 11% year-over-year increase. The company's total unfulfilled contractual obligations (Remaining Performance Obligations / RPO) expanded to $66.3 billion, demonstrating solid forward revenue visibility across its global client base.

GAAP net income for the quarter surged to $3.53 billion. A significant portion of this net profit expansion was driven by a $2.6 billion unrealized investment gain from Salesforce’s strategic equity stake in AI research laboratory Anthropic.

Subscription and Support revenues rose 12% year-over-year to $10.82 billion, which included a $440 million contribution following the integration of data management provider Informatica.

Addressing recent industry skepticism regarding the longevity of traditional cloud software, Salesforce Chair and CEO Marc Benioff pushed back against market narratives predicting the decline of the Software-as-a-Service model:

"Contrary to claims made over the past two quarters that AI models would replace traditional software platforms, the death of SaaS has proven to be false especially for Salesforce."

Following the earnings release and optimistic forward outlook, Salesforce shares rallied up to 22% in post-market trading.

 

 

 

Source: CNBC 

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