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Salesforce Exceeds Q1 Estimates, Raises FY26 Outlook and Plans $8B Informatica Acquisition

Strong demand for Salesforce’s cloud solutions is reflected in a 12% jump in performance obligations, underpinning elevated Q2 guidance powered by AI initiatives

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Overview

  • Salesforce reported Q1 FY2026 revenue of $9.83 billion, up 8% year-over-year and above analyst forecasts.
  • Adjusted EPS of $2.58 beat estimates and the company set Q2 targets of $2.76–$2.78 per share and $10.11–$10.16 billion in revenue.
  • Full-year revenue guidance was raised to $41–$41.3 billion, with adjusted EPS outlook lifted to $11.27–$11.33.
  • Current remaining performance obligations climbed 12% to $29.6 billion, highlighting robust customer adoption of its cloud offerings.
  • An $8 billion deal to acquire Informatica aims to bolster Salesforce’s AI and data management capabilities and is slated to close early in FY2027.