Salesforce (CRM) Posts Higher Q1 Profit, Lifts Full-Year Earnings Outlook

Salesforce (CRM) reported on Wednesday, May 27, 2026, that fiscal first-quarter profit climbed 17% year-over-year, driven by steady demand for its cloud-based software and improved operating margins. Net income for the period ended April 30 rose to $2.11 billion, or $2.15 per diluted share, from $1.81 billion, or $1.84 per share, a year earlier. Adjusted earnings were $2.45 per share, surpassing analysts’ estimates of $2.38. Revenue increased 10% to $9.12 billion, matching consensus forecasts, as subscription and support sales continued to benefit from enterprise digital transformation projects. The company held its Current Remaining Performance Obligation, a key gauge of near-term contracted revenue, broadly steady from the prior quarter. For the full fiscal 2027 year, Salesforce raised its adjusted earnings per share guidance to a range of $10.00 to $10.15, up from its previous forecast of $9.80 to $10.00. Shares rose 3% in extended trading after the announcement.