---
schema_version: "secwatch.filing_event.v1"
accession: "0001108524-23-000037"
form_type: "8-K"
ticker: "CRM"
cik: "0001108524"
company_name: "Salesforce, Inc."
filed_at: "2023-08-30T23:59:59+00:00"
generated_at: "2026-06-11T01:47:44.770326+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Salesforce Q2 FY24 revenue $8.6B (+11% YoY); raises full-year guidance

## Summary
- Q2 GAAP diluted EPS $1.28, non-GAAP $2.12; GAAP operating margin 17.2%, non-GAAP 31.6% (exceeded target early).
- Revenue $8.60B (+11% YoY); subscription & support $8.01B (+12%); current RPO $24.1B (+12%).
- Raised FY24 revenue guidance to $34.7-$34.8B (~11% YoY); GAAP operating margin ~13.3%, non-GAAP ~30%.
- Initiated Q3 FY24 revenue guidance $8.70-$8.72B (~11% YoY); Q3 non-GAAP EPS $2.05-$2.06.
- Operating cash flow $0.81B (+142% YoY); free cash flow $0.63B (+379%); returned $1.9B in share repurchases.

## SEC filing metadata
- accession: 0001108524-23-000037
- form_type: 8-K
- ticker: CRM
- cik: 0001108524
- company_name: Salesforce, Inc.
- filed_at: 2023-08-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108524/000110852423000037/0001108524-23-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1108524/000110852423000037/crm-20230830.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001108524-23-000037
- JSON: https://secwatch.observer/filing/0001108524-23-000037.json
- Plain text: https://secwatch.observer/filing/0001108524-23-000037.txt

## Key facts
- Earnings Releases
  Salesforce, Inc. reported second quarter fiscal 2024 ended July 31, 2023 results: revenue $8.60 billion, EPS $1.28. Guidance raised.
  - Period: second quarter fiscal 2024 ended July 31, 2023
  - Revenue: $8.60 billion
  - EPS: $1.28
  - Guidance: raised
  - Result: reported results
  source text: Salesforce (NYSE: CRM), the #1 AI CRM, today announced results for its second quarter fiscal 2024 ended July 31, 2023. • Second Quarter Revenue of $8.60 Billion, up 11% Year-Over-Year ("Y/Y"), up 11% in Constant Currency ("CC") • Second Quarter GAAP Operating Margin of 17.2% and Non-GAAP Operating Margin of 31.6% • Current Remaining Performance Obligation of $24.1 Billion, up 12% Y/Y, 11% CC • Second Quarter GAAP Diluted Earnings per Share ("EPS") of $1.28 and Non-GAAP Diluted EPS of $2.12 • Returned $1.9 Billion to Stockholders in the Second Quarter in the Form of Share Repurchases • Initiates Third Quarter FY24 Revenue Guidance of $8.70 Billion to $8.72 Billion, up ~11% Y/Y • Raises Full Year FY24 Revenue Guidance to $34.7 Billion to $34.8 Billion, up ~11% Y/Y • Raises Full Year FY24 GAAP Operating Margin Guidance to ~13.3% and Non-GAAP Operating Margin Guidance to ~30.0% • Raises Full Year FY24 Operating Cash Flow Growth Guidance to 22% to 23% Y/Y
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108524/000110852423000037/0001108524-23-000037-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.