Filing Flows › Salesforce (CRM) › Q2 FY27 › vs Q2 FY26
Salesforce (CRM) Q2 FY27 vs Q2 FY26 (year over year)
Salesforce's revenue rose $1.1B (+11%) from $10.2B in Q2 FY26 to $11.3B in Q2 FY27. The biggest changes: Subscription and support +$1.1B (+12%); Professional services and other −$21.0M (-4%). Gross margin 76.7% against 78.1% (-1.4 pts).
Salesforce, Q2 FY27: revenue $11.3B (+11% year over year), operating margin 20.5%, net earnings $3.5B, operating cash flow $1.3B. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 76.7% | 78.1% | -1.4 pts |
| Operating margin | 20.5% | 22.8% | -2.2 pts |
| Net margin | 31.1% | 18.4% | +12.6 pts |
| Free cash flow margin | 9.7% | 5.9% | +3.8 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Agentforce Apps | $7.2B | $6.7B | $511M | +8% |
| Data 360, Headless Platform, and Other | $3.6B | $3.0B | $610M | +20% |
| Subscription and support | $10.8B | $9.7B | $1.1B | +12% |
| Professional services and other | $525M | $546M | −$21.0M | -4% |
| Revenue | $11.3B | $10.2B | $1.1B | +11% |
| Gross profit | $8.7B | $8.0B | $702M | +9% |
| Cost of revenue | $2.6B | $2.2B | $407M | +18% |
| Other income, net | $2.2B | $74.0M | $2.1B | 30× |
| Operating profit | $2.3B | $2.3B | −$1.0M | 0% |
| Operating expenses | $6.4B | $5.7B | $703M | +12% |
| Pre-tax earnings | $4.6B | $2.4B | $2.1B | +89% |
| Research & development | $1.7B | $1.5B | $206M | +14% |
| Sales & marketing | $3.9B | $3.4B | $416M | +12% |
| General & admin | $725M | $734M | −$9.0M | -1% |
| Net earnings | $3.5B | $1.9B | $1.6B | +87% |
| Income tax | $1.0B | $519M | $507M | +98% |
| Operating cash sources | $5.4B | $3.5B | $1.9B | +54% |
| Depreciation & amortization | $966M | $817M | $149M | +18% |
| Share-based compensation | $906M | $793M | $113M | +14% |
| Working capital & other | $4.1B | $2.8B | $1.4B | +50% |
| Operating cash flow | $1.3B | $740M | $529M | +71% |
| Free cash flow (OCF − capex) | $1.1B | $605M | $493M | +81% |
| Capital expenditures | $171M | $135M | $36.0M | +27% |
Questions
How much did Salesforce's revenue grow year over year in Q2 FY27?
Salesforce's revenue rose $1.1B (+11%) from $10.2B in Q2 FY26 to $11.3B in Q2 FY27.
What drove Salesforce's revenue change in Q2 FY27?
Subscription and support +$1.1B (+12%); Professional services and other −$21.0M (-4%).