Salesforce sees 3Q adj EPS $2.84 to $2.86, est. $2.84

Salesforce sees 3Q adj EPS $2.84 to $2.86, est. $2.84

Salesforce (NYSE: CRM) is set to report its second quarter (Q2) 2026 earnings on Wednesday, September 3rd, after the close. Analysts expect the company to report earnings per share (EPS) of $2.78 on a revenue of $10.14 billion, an over eight percent increase from last year [3].

The report will focus on the impact of artificial intelligence (AI) on Salesforce's Software as a Service (SaaS) offerings, progress on the company's AI sales initiatives, and customer reaction to pricing changes. Salesforce has been leveraging AI to enhance its customer relationship management (CRM) platform and operational efficiency through its Agentforce platform, a suite of customizable AI agents designed to improve customer engagement.

In Q1 2026, Salesforce reported revenue of $9.83 billion, net income of $1.54 billion, and EPS of $1.61, with gross profit reaching $7.56 billion [2]. The company has consistently improved its full-year forecasts, most recently lifting its adjusted earnings guidance for 2025 to $9.86 to $9.94 per share [2].

Salesforce's AI-driven Agentforce platform and upgraded full-year guidance point to continued momentum. While EPS expectations have seen minor downward adjustments, confidence remains high due to product innovation and market leadership. Risks include macroeconomic headwinds, but upside potential is substantial if AI adoption and CRM demand outperform [2].

Salesforce recently emphasized its Agentforce platform, positioning itself as the #1 AI CRM, leveraging human-agent collaboration for customer success. The company has positioned itself as the #1 AI CRM, leveraging human-agent collaboration for customer success. No major M&A activity or CEO announcements have been reported in the latest updates [2].

Analysts expect revenue growth to pick up very slightly in the fiscal third quarter, with consensus estimates currently at 9% [1]. Salesforce's stock price has dropped 25% this year, the worst performance in large-cap tech and the second-steepest decline in the Dow, beating only UnitedHealth [1]. Meanwhile, Oracle has jumped 34%, outperforming most of its peers and well outpacing the major indexes [1].

The company's growth rate has been below 10% since mid-2024, and analysts don't expect revenue growth to reach double digits for the latest quarter [1]. Investors are eager to hear how Benioff plans to right the ship when Salesforce reports quarterly results after the close on Wednesday [1].

References:
[1] https://www.cnbc.com/2025/09/02/salesforce-investors-hope-for-faster-growth-ai-progress-in-earnings-.html
[2] https://www.ainvest.com/news/salesforce-crm-2026q2-earnings-preview-upside-ai-agentforce-momentum-2509/
[3] https://seekingalpha.com/news/4491302-salesforce-q2-earnings-ahead-street-sees-over-8-increase-in-both-eps-and-revenue