🔹 Revenue: $9.80B (Est. $9.749B) 🟢; UP +8% YoY
🔹 Subscription & Support Revenue: $9.3B; UP +8% YoY
🔹 cRPO: $29.6B; UP +12% YoY
FY Guidance:
🔹 Adj. EPS: $11.27 – $11.33 (Est. $11.30) 🟡
🔹 Revenue: $41.0B – $41.3B (Est. $41.15B) 🟢
🔹 GAAP Operating Margin: 21.6%
🔹 Adj. Operating Margin: 34.0%
🔹 GAAP EPS: $7.15 – $7.21
🔹 Operating Cash Flow Growth: ~10–11% YoY
🔹 Free Cash Flow Growth: ~9–10% YoY
🔹 Subscription & Support Revenue Growth: ~9.5% YoY
Q2 Guidance:
🔹 Adj. EPS: $2.76 – $2.78 (Est. $2.77) 🟡
🔹 Revenue: $10.11B – $10.16B (Est. $10.135B) 🟢
🔹 cRPO Growth: ~10% YoY
Other Key Q1 Metrics:
🔹 Adj. Operating Margin: 32.3% (Est. 32.6%) 🔴
🔹 GAAP Operating Margin: 19.8%
🔹 Operating Cash Flow: $6.5B; UP +4% YoY
🔹 Free Cash Flow: $6.3B; UP +4% YoY
AI & Data Highlights:
🔸 Data Cloud & AI ARR: Over $1B; UP +120% YoY
🔸 ~60% of Q1 Top 100 Deals included AI & Data Cloud
🔸 8,000+ deals since Agentforce launch; 50% paid
🔸 Agentforce handled 750K+ support requests, cutting case volume by 7% YoY
🔸 22 trillion records ingested via Data Cloud in Q1; UP +175% YoY
🔸 Over half of Q1 Top 100 Deals included 6+ Salesforce Clouds
Strategic & Business Commentary:
🔸 CEO Marc Benioff:
"We’ve built a deeply unified enterprise AI platform—Agentforce, Data Cloud, Customer 360, Tableau, and Slack—on one trusted foundation. With Informatica acquisition pending, we aim to deliver the most complete, intelligent AI and data platform for the enterprise."
🔸 President & CFO Robin Washington:
"Our Q1 performance reflects solid execution and momentum as we capitalize on the exciting agentic AI opportunity. We remain focused on innovation, operational excellence, and maximizing customer value."
🔸 No FY26 guidance impact from Informatica acquisition expected; closing likely in early FY27.
🔸 Currency tailwind from USD weakening incorporated into updated FY26 outlook.
