GoKawiilBritain's King Charles III speaks with Apple CEO Tim Cook, Salesforce CEO Marc Benioff and President and Chief Investment Officer of Alphabet and Google Ruth Porat during a meeting with chief executives from the technology industry at Blair House on day two of the State Visit of King Charles III and Queen Camilla to the U.S. in Washington on April 28, 2026.
Salesforce reported stronger-than-expected quarterly results on Wednesday, but the cloud software vendor issued full-year guidance that was slightly below Wall Street expectations.
The stock was little changed in extended trading.
Here's how the company did relative to LSEG consensus:
Earnings per share: $3.88 adjusted vs. $3.12 expected
$3.88 adjusted vs. $3.12 expected Revenue: $11.13 billion vs. $11.05 billion expected
Revenue increased 13% year over year during the quarter, which ended on April 30, according to a statement.
Net income rose to $2.11 billion, or $2.42 per share, from $1.54 billion, or $1.59 per share, a year earlier. Adjusted net income excludes impact from stock-based compensation, income tax and amortization of intangible assets.
For the current quarter, Salesforce called for $3.25 to $3.27 in adjusted earnings per share on $11.27 billion to $11.35 billion revenue. Analysts polled by LSEG had expected $3.25 per share on $11.36 billion in revenue.
The company pushed up its full-year forecast to $14.06 to $14.12 in adjusted earnings per share on $45.9 billion to $46.2 billion in revenue. The middle of the revenue range, at $46.05 billion, implies about 11% growth. Analysts surveyed by LSEG had been looking for $13.22 per share and $46.12 billion in revenue.
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