Salesforce (CRM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Salesforce (CRM) reported $11.13 billion in revenue for the quarter ended April 2026, representing a year-over-year increase of 13.3%. EPS of $3.88 for the same period compares to $2.58 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $11.06 billion, representing a surprise of +0.68%. The company delivered an EPS surprise of +24.36%, with the consensus EPS estimate being $3.12.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Salesforce performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:Remaining performance obligation (RPO) - Current: $33.60 billion versus the six-analyst average estimate of $33.62 billion.Remaining performance obligation (RPO) - Total: $67.90 billion versus the four-analyst average estimate of $68.96 billion.Remaining performance obligation (RPO) - Noncurrent: $34.30 billion versus $35.34 billion estimated by four analysts on average.Revenues- Subscription and support: $10.59 billion versus $10.54 billion estimated by 11 analysts on average. Compared to the year-ago quarter, this number represents a +13.9% change.Revenues- Professional services and other: $540 million versus $518.57 million estimated by 11 analysts on average. Compared to the year-ago quarter, this number represents a +1.5% change.View all Key Company Metrics for Salesforce here>>>Shares of Salesforce have returned -1.2% over the past month versus the Zacks S&P 500 composite's +5.1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.Beyond Nvidia: AI's Second Wave Is HereThe AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.See Stocks Now >>This article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks