Salesforce announced its second quarter fiscal 2026 results, exceeding guidance in all metrics.
Key highlights include a 10% year-over-year revenue increase and a 11% growth in subscription & support revenue.
The company's current remaining performance obligation is up by 11% year-over-year.
Financial Performance
Revenue grew by 10% year-over-year, with subscription & support revenue up by 11%.
Operating Margin
GAAP operating margin in the second quarter was 22.8%, with a non-GAAP operating margin of 34.3%.
Shareholder Returns
Salesforce returned $2.6 billion to shareholders, including share repurchases and dividends.
Guidance Update
Raised full-year FY26 revenue guidance and operating cash flow growth guidance.
Business Highlights
Data Cloud and AI annual recurring revenue exceeded $1.2 billion, reflecting strong growth.
- Salesforce's ability to drive profitable growth while assisting customers in becoming agentic enterprises was evident in its second quarter results.
- The company's focus on maximizing value for customers and shareholders led to strong financial performance and operating margin expansion.
Salesforce's second quarter performance showcases its strong revenue growth and commitment to driving customer success through innovative solutions.