Overview
- Salesforce reported Q2 fiscal 2027 results on Wednesday, Aug. 26, with revenue of $11.35 billion and adjusted EPS of $5.90 that beat expectations and prompted a sharp after-hours rally.
- Management disclosed Agentforce annualized recurring revenue exceeded about $1.5 billion, a roughly 240% year‑over‑year gain that the company says is a primary growth engine.
- Forward demand measures strengthened, with current remaining performance obligations near $33.5–33.6 billion, about 14% year‑over‑year growth and a raised full‑year revenue guide to roughly $46.1–46.4 billion.
- Independent partner and analyst checks report that many customers face data‑readiness and product‑maturity frictions, with pilots often slow to convert into fully monetized, large‑scale deployments.
- A pricing shift from pure consumption to credit/hybrid billing and heavy use of third‑party model access and acquisitions including Anthropic and Informatica could delay when bookings turn into recognized revenue and will be key to watch for margins and sustainability.