Mark-to-market accounting of the company’s strategic investments benefited GAAP diluted EPS by $0.03 based on a U.S. Second quarter non-GAAP operating margin was 19.9%.Įarnings per Share: Second quarter GAAP diluted EPS was $0.07, and non-GAAP diluted EPS was $1.19. Operating Margin: Second quarter GAAP operating margin was 2.5%. Professional services and other revenues were $0.58 billion, an increase of 35% Y/Y. Subscription and support revenues were $7.14 billion, an increase of 21% Y/Y. Revenue: Total second quarter revenue was $7.72 billion, an increase of 22% Y/Y, and 26% CC. Salesforce delivered the following results for its fiscal second quarter: “We continue to deliver disciplined, profitable growth at scale, and have a capital allocation strategy that will make us an even better positioned company for the long term,” said Amy Weaver, President and CFO, Salesforce. “In this more measured buying environment, our Customer 360 portfolio is even more strategic and relevant as our customers focus on productivity, efficiency and time to value.” “Our results demonstrate the strength and diversity of our product portfolio across regions, industries and segments,” said Bret Taylor, Co-CEO, Salesforce. “And, we’re thrilled to initiate our first-ever share repurchase program to continue to deliver incredible value to our shareholders on our path to $50 billion in revenue in FY26.” “We had another strong quarter, with revenue of $7.7B growing 22% year-over-year and 26% in constant currency, showing yet again the durability of our business model,” said Marc Benioff, Salesforce Chair and Co-CEO.
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