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Salesforce beats first-quarter revenue estimates on AI demand
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Salesforce beats first-quarter revenue estimates on AI demand
May 27, 2026 1:25 PM

May 27 (Reuters) - Salesforce ( CRM ) beat Wall Street estimates for first-quarter revenue and profit on Wednesday, supported by growing adoption of its AI-powered business software.

The results highlight how Salesforce's ( CRM ) push into AI-driven autonomous technology is striking a chord with corporate clients aiming to boost productivity and automate workflows.

Salesforce ( CRM ) is trying to reinvent itself as an AI-agent company through its Agentforce service - still a small business.

"Agentic AI is the biggest growth opportunity for our customers, and for Salesforce ( CRM )," CEO Marc Benioff said in a statement.

Analysts have said Salesforce ( CRM ) is hard to replace because businesses have spent years building their day-to-day operations around the company's products and the cost of switching away is high.

The company reported first-quarter revenue of $11.13 billion, compared with analysts' average estimate of $11.05 billion, according to data compiled by LSEG.

On an adjusted basis, it earned $3.88 per share, compared with the estimate of $3.12 per share. 

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