| Metric | Value ($ M) | Q1 FY26 |
|---|---|---|
| Revenue | 11.1K | 13.3% |
| Total Income | 11.1K | 13.3% |
| Expenditure | 8.8K | 11.4% |
| PBT | 2.7K | 37.8% |
| Net Profit | 2.1K | 36.7% |
| OPM | 21.08% | 1.32pp |
| NPM | 18.93% | 3.25pp |
| EPS | 2.43 | 50.9% |
Salesforce Delivers Record Q1 FY27 Results; GAAP EPS $2.42, Up 52% Y/Y
28 May 2026 · 28 May, 1:52 am
Summary
Salesforce announced record first quarter fiscal 2027 results, with revenue reaching $11.1 billion, up 13% year-over-year. GAAP diluted net income per share increased by 52% to $2.42, and non-GAAP diluted net income per share increased by 50% to $3.88. The company's current remaining performance obligation grew by 14% year-over-year. Salesforce is confident in delivering organic revenue acceleration in the second half of FY27, driven by growth in Sales, Service, Slack, Agentforce, and Data 360.
Key Highlights
- 1
Salesforce's first quarter revenue reached $11.1 billion, reflecting a 13% year-over-year increase and 12% growth in constant currency, including a $444 million contribution from Informatica.
- 2
The company's current remaining performance obligation reached $33.6 billion, marking a 14% year-over-year increase and 13% growth in constant currency.
- 3
First quarter GAAP diluted net income per share was $2.42, up 52% year-over-year, while non-GAAP diluted net income per share was $3.88, up 50% year-over-year.
- 4
Salesforce returned $27.5 billion to shareholders, including $27.1 billion in share repurchases and $365 million in dividends.
- 5
The company entered into a $25 billion accelerated share repurchase, with upfront share delivery of 103 million shares.
- 6
Agentforce and Data 360 annual recurring revenue reached nearly $3.4 billion, up over 200% year-over-year, including $1.1 billion Informatica Cloud ARR and $1.2 billion Agentforce ARR, up 205% year-over-year.
- 7
First quarter subscription & support revenue was $10.6 billion, up 14% Y/Y and 12% in CC, including $428 million Informatica contribution.
Management Comments
Marc Benioff
This was an outstanding quarter for Salesforce — record revenue, record deals, and cash flow. Agentic AI is the biggest growth opportunity for our customers, and for Salesforce. We’re the #1 Agentic CRM, with Agentforce now powering every Customer 360 application and helping tens of thousands of businesses across every industry transform into Agentic Enterprises. With more than $1 billion in Agentforce ARR, $3.4 billion in combined AI and data ARR, and 3.8 billion Agentic Work Units delivered for our customers, Salesforce has never been more essential.
Robin Washington
We remain confident in delivering organic revenue acceleration in the second half of FY27, driven by growth in Sales, Service, Slack, Agentforce, and Data 360. We are executing against our profitable growth framework and remain on track to deliver on our FY30 targets while maximizing shareholder value.
Informational and educational content only. Not investment advice.