•
Apr 30
Salesforce Q1 2026 Earnings Report
Salesforce posted strong Q1 results, exceeding guidance across all metrics and achieving record revenue.
Key Takeaways
Salesforce delivered robust Q1 FY26 results with $9.8B in revenue and $1.54B in net income, driven by strength in AI and Data Cloud adoption.
Revenue reached $9.8B, up from $9.1B the previous year
EPS came in at $1.59 GAAP and $2.58 non-GAAP
Net income was $1.54B for the quarter
Data Cloud and AI ARR surpassed $1B, included in nearly 60% of top 100 deals
Salesforce
Salesforce
Salesforce Revenue by Segment
Salesforce Revenue by Geographic Location
Forward Guidance
Salesforce raised its full-year FY26 revenue guidance and expects strong Q2 growth, supported by AI demand and a favorable FX tailwind.
Positive Outlook
- Raised FY26 revenue guidance to $41.3B at the high end
- Initiated Q2 revenue guidance between $10.11B and $10.16B
- Maintains FY26 GAAP operating margin guidance at 21.6%
- Non-GAAP operating margin expected at 34%
- Forecasts operating cash flow growth of ~10% to 11% for FY26
Challenges Ahead
- Revenue growth guidance limited to 8%–9% YoY
- Non-GAAP revenue growth rate moderated to ~8%
- Continued restructuring costs impact GAAP margins
- Free cash flow growth guidance slightly lower than operating cash flow
- No immediate financial impact from Informatica acquisition until FY27
Revenue & Expenses
Visualization of income flow from segment revenue to net income