Overview
- Salesforce reported stronger-than-expected Q1 fiscal 2027 results on May 27, with adjusted EPS of $3.88 and revenue of $11.13 billion.
- The company said Agentforce annualized revenue reached $1.2 billion, up 205% year over year, marking the first quarter the product exceeded $1 billion in run-rate sales.
- Full-year revenue guidance of $45.9 billion to $46.2 billion landed slightly below some analyst midpoints while management raised FY27 adjusted EPS to $14.06–$14.12 per share.
- Salesforce left total remaining performance obligations at $67.9 billion and announced accelerated capital returns, including a $25 billion accelerated share repurchase program.
- Analysts and investors now need Agentforce deal counts, production-account growth, and sustained consumption to show that usage-based AI pricing can reaccelerate organic revenue and protect legacy per-seat economics.