Salesforce's first quarter 2027 revenue beat estimates as current RPO growth accelerated to 14%.

Salesforce reported first quarter fiscal 2027 revenue of $11.1 billion, up 13% year-over-year, and non-GAAP EPS of $3.88, up 50% year-over-year, beating consensus estimates of $11.06 billion and $3.12, respectively. The company raised its full-year fiscal 2027 revenue guidance.

Key Highlights

• Current remaining performance obligation (cRPO), a key indicator of future revenue, grew 14% year-over-year to $33.6 billion, exceeding analyst expectations.
• The company is seeing significant momentum in its AI offerings, with combined Agentforce and Data 360 annual recurring revenue (ARR) growing over 200% year-over-year to nearly $3.4 billion.
• Salesforce announced it entered into a $25 billion accelerated share repurchase (ASR) program, a significant increase in its capital return to shareholders.