What was Salesforce's revenue in Q1 2026?

Salesforce reported revenue of $9.13 billion, beating analyst estimates of $9.02 billion.

Why did Salesforce stock fall despite beating estimates?

The stock fell because the company's Q2 guidance came in below analyst expectations for both revenue and earnings.

What is Salesforce's guidance for Q2?

Salesforce guided Q2 revenue between $9.20 billion and $9.25 billion, and EPS between $2.41 and $2.43.

How did AI products impact Salesforce's results?

The company said AI products helped accelerate revenue growth through increased customer adoption.

Salesforce Q1 Earnings, Revenue Beat; Stock Falls on Weak Guidance

Salesforce (CRM) reported fiscal Q1 2026 results that topped analyst expectations on both revenue and earnings, fueled by growing adoption of its AI offerings. However, shares declined in after-hours trading after the company issued guidance for the current quarter that fell short of estimates.

Salesforce (CRM) reported fiscal first-quarter 2026 results that exceeded analyst expectations on revenue and earnings, driven by accelerating adoption of artificial intelligence products. However, shares fell in after-hours trading after the company issued guidance for the current quarter that came in below consensus.

Key Financial Results

Metric	Q1 FY2026	Analyst Estimates
Revenue	$9.13 billion	$9.02 billion
EPS	$2.44	$2.38

Year-over-year comparisons were not provided.

Highlights from the Release

Salesforce attributed the strong performance to increased customer adoption of AI-powered solutions integrated into its platform, which helped accelerate revenue growth. The company also noted improved operational efficiency.

Forward Guidance

For the fiscal second quarter, Salesforce guided revenue in the range of $9.20 billion to $9.25 billion, below the average analyst estimate of $9.35 billion. It also forecast EPS between $2.41 and $2.43, compared to estimates of $2.44.

Impact on Stock

Shares of Salesforce fell about 4% in after-hours trading following the disappointing guidance, despite the Q1 beat.

What This Means for Investors

While the Q1 results were strong, the weaker guidance suggests a potential slowdown in growth, which could pressure the stock in the near term. The focus remains on how successfully the company can convert its AI momentum into sustainable growth.