secwatch.observer — SEC 8-K summary
======================================

Issuer:     Salesforce, Inc. (CRM)
CIK:        0001108524
Form:       8-K
Filed at:   2024-08-28T23:59:59+00:00
Accession:  0001108524-24-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Salesforce Q2 revenue $9.33B (+8% YoY); CFO Amy Weaver to step down
-------------------------------------------------------------------

- Second quarter revenue $9.33B, up 8% YoY (9% CC); Subscription & Support revenue $8.76B, up 9% YoY (10% CC).
- GAAP operating margin 19.1% (record high, up 190 bps YoY); non-GAAP operating margin 33.7% (up 210 bps YoY).
- Current RPO $26.5B, up 10% YoY; operating cash flow $0.89B (+10% YoY); free cash flow $0.76B (+20% YoY).
- Full-year FY25 guidance: revenue reaffirmed $37.7-38.0B; GAAP op margin raised to 19.7%, non-GAAP to 32.8%; op cash flow growth raised to 23-25% YoY.
- President and CFO Amy Weaver to step down; will serve as Special Advisor to CEO through April 2026. Successor search includes internal and external candidates.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108524/000110852424000020/0001108524-24-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1108524/000110852424000020/crm-20240828.htm
  HTML page:      https://secwatch.observer/filing/0001108524-24-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer