What was Salesforce's revenue in Q1 fiscal 2027?

Salesforce reported revenue of $9.13 billion, up 11% year-over-year.

Why did CRM stock rise after the announcement?

Shares rose 5.5% after Q1 results beat estimates and the company raised its full-year revenue guidance.

What is Salesforce's guidance for fiscal 2027?

Salesforce expects full-year revenue of $37.7-$38.0 billion and non-GAAP EPS of $10.05-$10.13.

What is Agentforce AI?

Agentforce AI is Salesforce's AI-powered software platform that uses a usage-based pricing model.

How did the removal from Russell indices affect CRM's performance?

CRM was removed from several Russell growth benchmarks, contributing to an 8% year-to-date decline before the Q1 results.

Salesforce (CRM) Jumps 5.5% on Q1 Beat, Raised Revenue Outlook

Salesforce (CRM) reported Q1 fiscal 2027 results that beat analyst expectations, with revenue of $9.13B and EPS of $2.44. The company raised its full-year revenue guidance to $37.7-$38.0B, driven by momentum in its Agentforce AI platform.

Salesforce (NYSE: CRM) reported better-than-expected first-quarter fiscal 2027 results, sending shares up 5.5% in after-hours trading. Revenue came in at $9.13 billion, up 11% year-over-year, while non-GAAP EPS of $2.44 topped consensus estimates.

Key Financial Metrics

Metric	Q1 FY2027	Estimate	YoY Change
Revenue	$9.13B	$9.04B	+11%
Non-GAAP EPS	$2.44	$2.38	+12%
Non-GAAP Operating Margin	32.1%	31.5%	+120 bps

Key Highlights

Salesforce attributed the strong performance to growing demand for its Agentforce AI platform, which offers AI-powered software on a usage-based pricing model. The company also noted robust growth in its cloud computing and consulting segments.

Guidance

Salesforce raised its full-year fiscal 2027 revenue guidance to a range of $37.7-$38.0 billion, up from the prior range of $37.5-$37.8 billion. It also guided non-GAAP EPS between $10.05 and $10.13.

Stock Impact

CRM shares jumped 5.5% following the announcement, partially offsetting losses from the stock's removal from several Russell growth benchmarks. The stock remains down about 8% year-to-date.

What This Means for Investors

Salesforce's results demonstrate its ability to deliver revenue and earnings growth despite index rebalancing headwinds. The focus on AI could provide an additional growth driver, but investors should monitor the impact of the pricing model shift on future margins.