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Salesforce (CRM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

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Salesforce (CRM - Free Report) reported $11.13 billion in revenue for the quarter ended April 2026, representing a year-over-year increase of 13.3%. EPS of $3.88 for the same period compares to $2.58 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $11.06 billion, representing a surprise of +0.68%. The company delivered an EPS surprise of +24.36%, with the consensus EPS estimate being $3.12.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Salesforce performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Remaining performance obligation (RPO) - Current: $33.60 billion versus the six-analyst average estimate of $33.62 billion.
  • Remaining performance obligation (RPO) - Total: $67.90 billion versus the four-analyst average estimate of $68.96 billion.
  • Remaining performance obligation (RPO) - Noncurrent: $34.30 billion versus $35.34 billion estimated by four analysts on average.
  • Revenues- Subscription and support: $10.59 billion versus $10.54 billion estimated by 11 analysts on average. Compared to the year-ago quarter, this number represents a +13.9% change.
  • Revenues- Professional services and other: $540 million versus $518.57 million estimated by 11 analysts on average. Compared to the year-ago quarter, this number represents a +1.5% change.

View all Key Company Metrics for Salesforce here>>>

Shares of Salesforce have returned -1.2% over the past month versus the Zacks S&P 500 composite's +5.1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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