Recent Updates — CRM

Salesforce reported fiscal second quarter results ending July 31, 2026, with revenue of $11.3 billion and diluted net income per share of $4.29 GAAP ($5.90 non-GAAP). The company raised its full-year FY27 revenue guidance to $46.1–$46.4 billion, a $200 million increase, citing contributions from pending Contentful and Fin acquisitions. cRPO grew 14% year-over-year to $33.5 billion, while Agentforce ARR reached nearly $3.9 billion. Salesforce also returned $364 million in dividends and continued executing its $25 billion accelerated share repurchase program.

Salesforce announced that Srini Tallapragada will step down as President and Chief Engineering and Customer Success Officer effective August 6, 2026. He will transition to Special Advisor to the CEO through August 6, 2027, assisting with product, technology, innovation, business development, and customer matters. His compensation during this period includes his current salary and bonus until January 31, 2027, followed by $75,000 annually. Previously granted equity awards will continue to vest according to their terms. This is a significant executive departure in the enterprise software industry.

Salesforce, Inc. has appointed Guy Wanger as Chief Accounting Officer and principal accounting officer, effective June 15, 2026. His compensation package includes a $700,000 annual base salary, a 70% annual bonus target, a $2 million sign-on bonus, and $9 million in restricted stock units vesting over four years.