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Salesforce CRM Q2 2026 earnings

Reported September 3, 2025 · After market close

Revenue$10.2BBeat by $95.7M
EPS$2.91Beat by $0.13
Revenue estimate$10.1B
EPS estimate$2.78

Next report

Dec 2, 2026 (in 2 months)
Revenue estimate$11.5B
EPS estimate$3.43

Financials

Q2 2026

Income statement

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Revenue$10.2B+9.8%
Gross profit$8.0B+11.6%
Operating income$2.3B+30.8%
Net income$1.9B+32.1%
EPS (diluted)$1.96+33.3%

Balance sheet

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Cash & equivalents$10.4B+34.9%
Total debt$11.8B-3.1%
Total equity$61.3B+6.4%
Total assets$97.6B+5.9%

Cash flow

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Operating cash flow$740.0M-17.0%
CapEx$135.0M-1.5%
Free cash flow$605.0M-19.9%

Valuation & ratios

Valuation

as of 07/31/25
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Market cap$246.96B-1.5%
Enterprise value$248.41B-2.7%
P/E37.1×-7.5×
P/S6.3×-0.6×

Profitability

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Gross margin77.6%+1.3pp
Operating margin20.2%+2.1pp
Net margin16.9%+1.4pp
FCF margin31.6%+0.2pp

Returns & leverage

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Return on equity11.2%+1.5pp
Debt / equity0.2×0.0×
Current ratio1.1×+0.1×

Segments

By geography

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Europe$2.4B+11.2%
Asia Pacific$1.1B+13.9%

By product

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Agentforce Apps$6.7B—
Data 360, Headless Platform, and Other$3.0B—

FAQ

When did Salesforce report Q2 2026 earnings?
Salesforce (CRM) reported Q2 2026 earnings on September 3, 2025 after market close.
What were Salesforce's Q2 2026 revenue and EPS?
Salesforce reported revenue of $10.2B and eps of $2.91 for Q2 2026.
Did Salesforce beat estimates in Q2 2026?
Revenue beat the consensus estimate of $10.1B by $95.7M. EPS beat the consensus estimate of $2.78 by $0.13.
How did Salesforce's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 9.8% from $9.3B a year earlier and eps grew 13.7% from $2.56.
Where can I find Salesforce's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001108524-25-000083) and the 10-Q periodic report (0001108524-25-000088) directly on SEC EDGAR. The filing index links above go to sec.gov.