Salesforce Is Printing Cash, But Where Did the Growth Go?

Margins shine and buybacks surge, but AI now needs to deliver real acceleration

Source: illustration

Estimated reading time: 6 minutes

Salesforce delivered a strong year, proving it can scale profitability at a very high level.

Margins expanded. Cash flow surged. Buybacks accelerated.

But something is missing.

Growth has stabilized not accelerated.

The key question: can AI actually reignite Salesforce’s growth engine or is this now a slo…