Salesforce Reports Strong Q2 2027 Earnings Driven by AI Platform Agentforce
Salesforce has reported its fiscal Q2 2027 earnings, revealing a revenue of $11.35 billion, marking an 11% year-over-year increase that surpassed analyst expectations. The company’s shares surged approximately 11% in after-hours trading following the announcement.
The standout performer in this quarter was Agentforce, Salesforce’s AI-powered automation platform. Its annual recurring revenue (ARR) exceeded $1.5 billion, reflecting a staggering 240% increase compared to the previous year. When combined with Data 360, the total ARR approached $3.9 billion, a 210% rise from last year.
Salesforce also reported impressive usage metrics, delivering 3.2 billion total Agentic Work Units during the quarter, a 97% increase from the prior quarter. The company’s current remaining performance obligations grew by 14% year-on-year to $33.5 billion.
Additionally, Salesforce benefitted from a $2.6 billion unrealized gain from its investment in Anthropic, the AI startup behind the Claude models, which has seen its valuation soar.
In light of these results, Salesforce raised its full-year fiscal 2027 revenue guidance by $200 million, now projecting revenues between $46.1 billion and $46.4 billion, indicating sustained confidence in its growth trajectory.
FAQ
What were Salesforce's earnings for Q2 2027?
Salesforce reported a revenue of $11.35 billion for fiscal Q2 2027, marking an 11% year-over-year increase.
What is Agentforce and how did it perform in Q2 2027?
Agentforce is Salesforce's AI-powered automation platform, which exceeded $1.5 billion in annual recurring revenue (ARR), reflecting a 240% increase compared to the previous year.
How did Salesforce's stock react to the Q2 2027 earnings report?
Salesforce's shares surged approximately 11% in after-hours trading following the announcement of its Q2 2027 earnings.
What is the total annual recurring revenue (ARR) when combining Agentforce and Data 360?
When combined with Data 360, the total ARR approached $3.9 billion, representing a 210% rise from the previous year.
What changes did Salesforce make to its revenue guidance for fiscal 2027?
Salesforce raised its full-year fiscal 2027 revenue guidance by $200 million, now projecting revenues between $46.1 billion and $46.4 billion.
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