Salesforce tops Q1 estimates as revenues rise 13% and Agentforce ARR clears $1B; outlook is raised, and a $25B accelerated buyback kicks off.
Salesforce Inc (NYSE:CRM, XETRA:FOO), the enterprise software group, delivered a comprehensive first-quarter earnings beat on Wednesday evening, with revenue and profits comfortably ahead of expectations Yet the results did little to settle the deeper debate about whether the company can survive the AI revolution it is simultaneously trying to lead. The stock was little changed in extended trading, a muted reaction that speaks to the weight of the narrative that has dragged Salesforce shares down roughly 33% in 2026, making it the worst performer in the Dow Jones Industrial Average this year.
Marc Benioff said his company's engineering headcount has "been mostly flat" over the past two years. Benioff said the company is still growing its headcount, but in the sales department.
Salesforce NYSE: CRM reported what executives described as an “outstanding” fiscal 2027 first quarter, highlighting double-digit revenue growth, margin expansion, strong cash flow and accelerating adoption of its Agentforce artificial intelligence products.
Salesforce shares lost ground Wednesday after the software giant released quarterly results that exceeded Wall Street expectations but issued guidance that disappointed investors.
Salesforce CEO Marc Benioff said the company's strategy during its stock slump is to continue delivering strong products for customers and buy back shares. He also pushed back on concerns that AI platforms like Anthropic and OpenAI are disrupting Salesforce.
Although the revenue and EPS for Salesforce (CRM) give a sense of how its business performed in the quarter ended April 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Salesforce (CRM) came out with quarterly earnings of $3.88 per share, beating the Zacks Consensus Estimate of $3.12 per share. This compares to earnings of $2.58 per share a year ago.
Salesforce reported $1.2B in Agentforce ARR, up 205% year-over-year—the number that confirms AI is creating revenue, not destroying it. cRPO grew 14% year-over-year, matching guidance and keeping the H2 organic reacceleration thesis intact. The stock is down 3–4% after hours, suggesting the market is skeptical but no longer panicking.
Salesforce Inc (NYSE:CRM, XETRA:FOO) achieved reported first quarter financial results that topped analyst expectations on earnings and showed continued double-digit growth in revenue, alongside expanded margins and an increased full-year profit outlook. For the quarter ended April 30, the company posted revenue of $11.1 billion, up 13% year-over-year, or 12% in constant currency, including contributions from Informatica.
While the company's Agentforce offering is picking up steam, Salesforce didn't deliver the top-line growth investors wanted to see
The enterprise software company recorded a profit of $2.11 billion as it pushes its artificial intelligence tools as a growth accelerator.