AI Stock Salesforce (NYSE: CRM) Follows Nvidia (Nasdaq: NVDA) With AI Narrative - One Of Best Quarters Ever
Salesforce (NYSE: CRM), announced results for its second quarter fiscal 2027 ended July 31, 2026. And the stock adds to the AI success narrative today led by Nvidia (Nasdaq: NVDA ). Salesforce makes the NYSE top gainers list today and is currently trading at 248.79 +43.17, gaining over 20% as of this report.
Second Quarter Financial Highlights- Current remaining performance obligation ("cRPO") of $33.5 billion, up 14% year-over-year ("Y/Y") and in constant currency ("CC") Remaining performance obligation of $66.3 billion, up 11% Y/Y Subscription and support revenue of $10.8 billion, up 12% Y/Y and 11% in CC, including $440 million Informatica contribution Revenue of $11.3 billion, up 11% Y/Y and in CC, including $456 million Informatica contribution GAAP operating margin of 20.5% and non-GAAP operating margin of 34.1% GAAP diluted net income per share of $4.29, up 119% Y/Y and non-GAAP diluted net income per share of $5.90, up 103% Y/Y Operating cash flow of $1.3 billion, up 71% Y/Y, and free cash flow of $1.1 billion, up 81% Y/Y Returned $364 million in dividends to shareholders and continued to execute against $25 billion accelerated share repurchase ("ASR")
- Agentforce and Data 360 annual recurring revenue ("ARR") reached nearly $3.9 billion, up over 210% Y/Y Agentforce ARR exceeded $1.5 billion, up over 240% Y/Y. Effective Q2 FY27, Agentforce ARR includes our AI offerings, Slackbot and Headless 360 7.0 billion Agentic Work Units ("AWUs") delivered to date across Agentforce and Slack, with 3.2 billion in Q2, growing 97% quarter-over-quarter ("Q/Q") Slack delivered its fastest quarterly Net New Annual Order Value ("NNAOV") growth since acquisition as Slackbot users grew over 150% Q/Q Bookings from Agentforce One Edition and Agentforce for Apps, premium SKUs anchored in Sales and Service including the value from Agentic capabilities, more than doubled Q/Q In Q2, Data 360 ingested 104 trillion records, up 355% Y/Y, including 82 trillion via Zero Copy, up 731% Y/Y, and processed 22 terabytes of unstructured data.
Salesforce and Anthropic also announced Claudeforce, an expanded strategic partnership bringing Claude's intelligence and reasoning together with Salesforce's trusted enterprise harness to make its data, workflows, business logic, actions, and governance securely accessible to power agentic experiences wherever work happens.
The Claudeforce partnership launches with Salesforce in Claude, a Plugin with 37 prebuilt sales skills that enable sellers and agents to reason over live revenue context, automate pipeline updates, and take governed action right from Claude - with the power of Salesforce directly where sellers work. The companies plan to introduce more integrations across Claude, Salesforce, and Slack, expanding each company's use of the other's technologies.
Salesforce in Claude is made possible by AIforce - Salesforce's trusted enterprise harness that brings all your business data and workflows to any agent through MCP servers, APIs, and CLI tools, without complicated and costly integrations. Salesforce in Claude marks a new era of enterprise AI. For decades, enterprise software required users to manually navigate static UI to get work done. Now that agents can access the data, workflows, and rules directly, software is a system that powers every interface.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept any
responsibility or liability for the accuracy, content, images, videos,
licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright issues
related to this article, kindly contact the provider above.
Comments
No comment