Salesforce Announces Strong Q2 Fiscal 2025 Results

Record Revenue and Earnings Driven by Continued Cloud Adoption

Company Raises Full-Year Guidance

SAN FRANCISCO—August 28, 2024—Salesforce (NYSE: CRM), the world's #1 AI customer relationship management (CRM) platform, today announced results for its second quarter fiscal 2025 ended July 31, 2024.

Key Financial Highlights:

• Revenue: $7.41 billion, up 24% year-over-year
• Non-GAAP earnings per share: $1.19, up 36% year-over-year
• Operating cash flow: $3.5 billion, up 19% year-over-year

Business Highlights:

• Salesforce Customer 360, the company's complete suite of products, continues to drive growth.
• Salesforce saw strong demand for its cloud-based solutions across all industries and regions.
• The company continues to invest in innovation, with major product releases planned for the second half of fiscal 2025.

"We had a fantastic second quarter, with record revenue and earnings," said Marc Benioff, Chairman and CEO of Salesforce. "Our strong results are a testament to the continued adoption of our cloud-based solutions by businesses of all sizes. We are excited about the future and believe that we are well-positioned to continue to drive growth and innovation in the CRM market."

Conference Call Information

Salesforce will host a conference call at 2:00 p.m. ET today to discuss its financial results with the investment community. The call will be webcast live on the company's website at https://www.salesforce.com/investor/events/.

About Salesforce

Salesforce, the global leader in CRM, empowers companies to connect with their customers in a whole new way. For more information about Salesforce (NYSE: CRM), visit: https://www.salesforce.com/.