Overview

• Fiscal Q2 revenue rose 10% to $10.24 billion and adjusted EPS hit $2.91, both topping LSEG estimates.
• Salesforce guided fiscal Q3 revenue to $10.24 billion–$10.29 billion, with the midpoint below consensus, sending the stock down roughly 6%–8% in after-hours and pre-market trading.
• The company expanded its share repurchase authorization by $20 billion to $50 billion and raised full-year adjusted EPS to $11.33–$11.37 while maintaining revenue guidance of $41.1–$41.3 billion.
• AI metrics showed progress but limited top-line impact: over 12,500 Agentforce deals including 6,000 paid, and about $1.2 billion in Data Cloud and AI annual recurring revenue.
• Wall Street trimmed price targets and flagged slow core-cloud growth and uncertain AI monetization, even as Salesforce highlighted adoption momentum and the pending Informatica acquisition.