Summary by Futu AI
Salesforce reported strong financial results for Q2 FY2025, with total revenue increasing 8% year-over-year to $9.3 billion, driven by a 9% growth in subscription and support revenue to $8.8 billion. Operating margin expanded significantly to 19% of revenue, while operating income grew to $1.8 billion. Net income reached $1.4 billion, with diluted earnings per share of $1.47.The company demonstrated robust cash generation with operating cash flow of $892 million in Q2, up 10% year-over-year. Current remaining performance obligation stood at $26.5 billion, representing 10% year-over-year growth. Strategic investments in AI capabilities and platform enhancements continued across all major product lines, with Integration and Analytics revenue growing 13% year-over-year.Management maintained strong capital return to shareholders, repurchasing $4.3 billion of common stock during Q2 and paying $388 million in dividends. The company's total cash, cash equivalents and marketable securities were $12.6 billion at quarter-end. Operating expense control remained a key focus, with restructuring initiatives driving further operational efficiencies.
