Salesforce Beats Q1 With $11.13 Billion Revenue as $46.05 Billion Outlook Misses Estimates
Updated
Updated · CNBC · May 27
Salesforce Beats Q1 With $11.13 Billion Revenue as $46.05 Billion Outlook Misses Estimates
10 articles · Updated · CNBC · May 27
$3.88 in adjusted EPS on $11.13 billion in revenue topped LSEG estimates, with net income rising to $2.11 billion from $1.54 billion a year earlier.
A $45.9 billion to $46.2 billion full-year revenue forecast and $67.9 billion in remaining performance obligations both trailed Wall Street expectations, leaving the stock little changed after hours.
Robin Washington said the outlook reflects continued weakness in marketing and commerce, worsening Tableau bookings and renewals, and greater license volatility after the $9.6 billion Informatica acquisition.
Agentforce annualized revenue reached $1.2 billion, up 205% year over year and above $1 billion for the first time, even as Salesforce shares remained down 33% in 2026 on AI growth concerns.
With AI revenue soaring 205%, why has Salesforce stock plunged 33%, and what are investors missing?
Salesforce’s AI is replacing jobs. But with major security risks emerging, is this automation push happening too fast?