Form 8-K · Current Report · Filed 2024-08-28
Salesforce Reports Strong Q2 FY25 Results and Announces CFO Transition
Salesforce, Inc. announced its second quarter fiscal 2025 results, reporting revenue of $9.33 billion, up 8% year-over-year. The company achieved a GAAP operating margin of 19.1% and a non-GAAP operating margin of 33.7%. Additionally, Salesforce disclosed that Amy Weaver, President and CFO, will step down from her role upon the appointment of her successor, effective upon the filing of the Company's annual report on Form 10-K for the fiscal year ending January 31, 2025. Amy Weaver will then serve as a Special Advisor to the Chief Executive Officer through April 2026. The company also raised its full-year FY25 non-GAAP operating margin and cash flow growth guidance.
- Filer
- Salesforce Inc. CRM · NYSE
- Filed
- Accession
- 0001108524-24-000020
- CIK
- 0001108524
- Signal
- High impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Results of Operations and Financial Condition
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Financial Statements and Exhibits
Market reaction
Close before filing
$264.20
Next session
-2.7%
Since filing
-30.3%
Latest close
$184.02
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from CRM reporting the same item, with the next session's move:
Exhibits (1)
About Salesforce Inc.
Salesforce Inc. is a cloud-based software company that specializes in customer relationship management (CRM) solutions. Founded in 1999, Salesforce has revolutionized how businesses engage with their customers through its comprehensive suite of applications designed to improve sales, service, marketing, and commerce interactions. The platform enables organizations to automate processes, streamline operations, and enhance customer satisfactions by providing a single, integrated view of customer data. With functionalities extending to analytics, artificial intelligence, and cloud integration, Salesforce serves a variety of industries including retail, healthcare, finance, and technology. Headquartered in San Francisco, California, the company is renowned for its versatile and scalable solutions that cater to businesses of all sizes, from small startups to large enterprises. As a leading player in the SaaS market, Salesforce has significantly influenced the digital transformation era by empowering companies to leverage cloud computing for improved business agility and customer insights.
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