Updated: October 2026 | 9 min read

Salesforce finished fiscal 2026 with $41.5 billion in revenue and has since reported $11.1 billion in first-quarter and $11.3 billion in second-quarter fiscal 2027 revenue. This page separates reported results from company guidance so readers can distinguish completed performance from forward-looking estimates. The latest reported quarter below is Q2 FY2027, which ended July 31, 2026 and was announced on August 26, 2026.

Salesforce FY2026 Results

Salesforce’s fiscal 2026 ended on January 31, 2026. The company reported $41.525 billion in total revenue, up 10% year over year. Subscription and support revenue was $39.388 billion, or about 95% of total revenue, while professional services and other revenue was $2.137 billion.

FY2026 metric Reported result Year-over-year change
Total revenue $41.525 billion 10%
Subscription and support revenue $39.388 billion 10%
GAAP operating margin 20.1% Up from 19.0%
Operating cash flow $14.996 billion 15%
Free cash flow $14.402 billion 16%
Remaining performance obligation $72.4 billion 14%

The margin and cash-flow figures show why revenue alone is not enough to assess the year. GAAP operating income reached $8.331 billion, while GAAP net income was $7.457 billion. Research and development expense was $5.993 billion and sales and marketing expense was $14.345 billion.

Remaining performance obligation, or RPO, represents contracted revenue that Salesforce had not yet recognized. The $72.4 billion total at year-end included $35.1 billion classified as current RPO. RPO is a backlog measure, not revenue already earned, and can be affected by contract timing, acquisitions, and foreign exchange.

Salesforce Q1 FY2027 Results

Salesforce’s first quarter of fiscal 2027 ended on April 30, 2026. The company reported $11.133 billion in revenue, up 13% from $9.829 billion in the comparable quarter. The result includes $444 million contributed by Informatica.

  • Subscription and support revenue was $10.593 billion, up 14% year over year.
  • GAAP operating margin was 21.1%, compared with 19.8% one year earlier.
  • GAAP diluted earnings per share was $2.42, up 52% year over year.
  • Operating cash flow was $6.701 billion, up 3%.
  • Free cash flow was $6.556 billion, up 4%.
  • Current RPO was $33.6 billion, up 14%, while total RPO was $67.9 billion, up 11%.

Salesforce changed its product revenue reporting in Q1 FY2027. Subscription and support revenue is now grouped into two categories. Agentforce Apps produced $6.910 billion, while Data 360, Headless Platform, and Other produced $3.683 billion. Salesforce recast the prior-year figures for comparability, so this classification should not be directly mixed with older cloud-by-cloud tables.

Salesforce Q2 FY2027 Results

Salesforce’s second quarter of fiscal 2027 ended on July 31, 2026, with results announced on August 26, 2026. The company reported $11.3 billion in revenue, up 11% year over year, including a $456 million contribution from Informatica.

  • Subscription and support revenue was $10.8 billion, up 12% year over year, including $440 million from Informatica.
  • GAAP operating margin was 20.5%; non-GAAP operating margin was 34.1%.
  • GAAP diluted earnings per share was $4.29, up 119% year over year.
  • Operating cash flow was $1.3 billion, up 71%; free cash flow was $1.1 billion, up 81%.
  • Current RPO was $33.5 billion, up 14%; total RPO was $66.3 billion, up 11%.
  • Agentforce and Data 360 annual recurring revenue reached nearly $3.9 billion, up more than 210% year over year, including Agentforce ARR above $1.5 billion, up more than 240%.

Agentforce and Data 360 Indicators

Salesforce reported nearly $3.4 billion in combined Agentforce and Data 360 annual recurring revenue in Q1 FY2027, including $1.2 billion in Agentforce ARR and $1.1 billion in Informatica Cloud ARR. The company said Agentforce ARR increased 205% year over year. In Q2 FY2027, combined Agentforce and Data 360 ARR reached nearly $3.9 billion, with Agentforce ARR above $1.5 billion.

Operational usage figures also expanded. Salesforce reported 3.8 billion Agentic Work Units delivered to date and more than 28.6 trillion tokens processed as of Q1 FY2027. More than half of Q1 Agentforce and Data 360 bookings came from existing customers. These are company-defined operating metrics, so they are useful for tracking Salesforce’s own progress but should not be treated as standardized industry measures.

Geographic Revenue in Q1 FY2027

The Americas remained Salesforce’s largest reported region in the April 2026 quarter.

Region Q1 FY2027 revenue Share of quarterly revenue
Americas $7.233 billion 65.0%
Europe $2.754 billion 24.7%
Asia Pacific $1.146 billion 10.3%

The percentage shares above are calculated from Salesforce’s reported regional revenue and total quarterly revenue. They describe this quarter only and are not CRM market-share estimates. The Q2 FY2027 press release did not include a regional revenue breakdown.

FY2027 Outlook: Guidance, Not Reported Revenue

After Q2, Salesforce raised the midpoint of its full-year fiscal 2027 revenue outlook. Management now expects $46.1 billion to $46.4 billion in FY2027 revenue, representing 11% to 12% reported growth. The August 2026 guidance includes slightly above three percentage points of contribution from Informatica, about $200 million from pending Contentful and Fin acquisitions, and absorbs an estimated $100 million foreign-exchange headwind.

  • Full-year subscription and support revenue growth is expected to be slightly above 12%.
  • GAAP operating margin is expected to be 20.1%.
  • Non-GAAP operating margin is expected to be 34.3%.
  • Operating cash flow and free cash flow growth are each expected to be approximately 4% to 5%.
  • Q3 FY2027 revenue is expected to be $11.42 billion to $11.5 billion.

For comparison, the guidance issued with Q1 results on May 27, 2026 was $45.9 billion to $46.2 billion in FY2027 revenue. These figures are Salesforce’s guidance as of August 26, 2026. They are forward-looking estimates, not completed FY2027 results, and may change when Salesforce reports later quarters.

How to Read These Salesforce Statistics

Fiscal-year labels can be confusing because Salesforce’s fiscal 2027 began in February 2026. A figure labeled Q1 FY2027 therefore covers February through April 2026, and Q2 FY2027 covers May through July 2026. Readers comparing Salesforce with calendar-year companies should align the underlying dates instead of comparing fiscal labels alone.

Reported GAAP results and non-GAAP measures also answer different questions. This page prioritizes GAAP revenue, margin, income, and cash-flow figures. Where Salesforce provides non-GAAP guidance, it is identified as such rather than blended with GAAP results.

Methodology and Limitations

Every numeric figure on this page comes from Salesforce Investor Relations materials published in 2026. Calculated percentages are labeled as calculations and use the reported figures shown in the same table. The article does not estimate Salesforce’s CRM market share, customer count, implementation cost, product adoption rate, or return on investment because the cited financial releases do not provide comparable evidence for those claims.

ARR, RPO, revenue, and cash flow are not interchangeable. ARR is a management metric for recurring business at a point in time. RPO is contracted revenue that has not yet been recognized. Revenue is recognized under accounting rules during the reporting period, while cash flow records cash generated or used. Readers should use each measure for its stated purpose and consult Salesforce’s filings for the complete definitions and reconciliations.

Key Takeaways

  • Salesforce reported $41.525 billion in FY2026 revenue, up 10% year over year.
  • FY2026 GAAP operating margin was 20.1%, and free cash flow was $14.402 billion.
  • Q1 FY2027 revenue was $11.133 billion, up 13%, for the quarter ended April 30, 2026.
  • Q2 FY2027 revenue was $11.3 billion, up 11%, for the quarter ended July 31, 2026.
  • Agentforce ARR exceeded $1.5 billion at the end of Q2 FY2027, up more than 240% year over year.
  • The $46.1 billion to $46.4 billion FY2027 revenue range is company guidance as of August 26, 2026, not a reported annual result.