Guidance: Zane C. Rowe: We are pleased with our first half results, and we now expect FY 2027 subscription revenue of $9.94 billion to $9.95 billion, growth of 13%.
Demand and orders: Zane C. Rowe: Turning to backlog, 12 month subscription revenue backlog, or CRPO, ended the quarter at $9.03 billion an increase of 14.2%.
Margins: Zane C. Rowe: For the third quarter, we expect a non GAAP operating margin of approximately 30%.
Analyst Q&A
Analyst Analyst asked: Maybe if you can sort of dive into the acquired AI acquisitions that you have done and particularly the acquired agents and you think about the road map there in terms of integration, finally, sort of making it to a product and then the monetization on that front, and particularly how should we think of that to impact your fiscal 28 sort of financial outlook as well? Management Aneel Bhusri answered: Well, I will I will just say that they are all doing well, but most importantly, they are all deeply integrated already. We do not we do not ever buy technology and just leave it on the outside. We deeply integrate it right away so we can deliver that unified experience Maybe, Gerrit, you wanna talk about where the products are headed.
