Salesforce

Salesforce · Enterprise SaaS/CRM

Wed, August 26, 2026·After Market Close

SalesforceSaaSAgentforceAI AgentsQ2 EarningsEarnings

01Wall Street Consensus

EPS$3.28

Revenue$11.33B

Key Checkpoints

01Agentforce ARR and customer-count growth
02Subscription revenue growth and current remaining performance obligations (cRPO)
03Operating margin trend
04Whether FY2027 full-year guidance is maintained

Upside Catalysts

Faster Agentforce paid conversion
Data Cloud and AI product cross-sell
Continued share buybacks

Risk Factors

Intensifying AI-agent competition (Microsoft, ServiceNow, etc.)
Slower new bookings if enterprise IT budgets tighten
Valuation re-rating risk if guidance disappoints

1Preview Note

Salesforce reports fiscal Q2 2027 results after the U.S. market close on August 26. Consensus calls for revenue of $11.33B (+11% YoY) and adjusted EPS of $3.28. Management's own guidance midpoint of $11.31B revenue and $3.26 EPS sits slightly below consensus. Agentforce revenue contribution is the key variable.

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