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Salesforce, Inc. (CRM) reported second-quarter fiscal 2026 revenues of $10.25 billion, marking a 10% increase year over year. A significant highlight of the quarter was the 140% year-over-year growth in customer count for its Data Cloud business, which is crucial for enterprises adopting artificial intelligence (AI) at scale.
Over 50% of the Fortune 500 are currently utilizing the Data Cloud platform, which aids in integrating customer data across Salesforce products. The company estimates that its data-related business generates approximately $7 billion annually, with substantial growth potential due to its consumption-based pricing model.
Despite these gains, Salesforce’s shares have decreased by 27% year to date, compared to an 18.7% increase in the Zacks Computer – Software industry. The Zacks Consensus Estimate predicts a year-over-year earnings increase of around 11% for fiscal 2026 and 2027.
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