Salesforce Q2 2025 Earnings Report
Key Takeaways
Salesforce reported strong Q2 2025 results, with revenue reaching $9.33 billion, up 8% year-over-year. The company's GAAP operating margin was 19.1%, and non-GAAP operating margin was 33.7%. Salesforce raised its full-year non-GAAP operating margin and cash flow growth guidance.
Revenue reached $9.33 billion, an 8% increase year-over-year.
GAAP operating margin was 19.1%, while non-GAAP operating margin was 33.7%.
Current Remaining Performance Obligation (cRPO) increased by 10% year-over-year to $26.5 billion.
Free cash flow was $0.76 billion, up 20% year-over-year.
Salesforce
Salesforce
Salesforce Revenue by Segment
Salesforce Revenue by Geographic Location
Forward Guidance
Salesforce anticipates revenue between $9.31 billion and $9.36 billion for Q3 FY25, representing a 7% year-over-year increase. The company maintains its full-year revenue guidance of $37.7 billion to $38.0 billion, reflecting an 8-9% year-over-year growth.
Positive Outlook
- Third Quarter FY25 Revenue Guidance of $9.31 Billion to $9.36 Billion, up 7% Y/Y
- Maintains Full Year FY25 Revenue Guidance of $37.7 Billion to $38.0 Billion, up 8% - 9% Y/Y
- Maintains Full Year FY25 Subscription & Support Revenue Growth Guidance of Slightly Below 10% Y/Y & Approximately 10% in CC
- Updates Full Year FY25 GAAP Operating Margin Guidance to 19.7%
- Updates non-GAAP Operating Margin Guidance to 32.8%
Revenue & Expenses
Visualization of income flow from segment revenue to net income