Filing Flows › Salesforce (CRM) › Q1 FY27 › vs Q1 FY26
Salesforce (CRM) Q1 FY27 vs Q1 FY26 (year over year)
Salesforce's revenue rose $1.3B (+13%) from $9.8B in Q1 FY26 to $11.1B in Q1 FY27. The biggest changes: Subscription and support +$1.3B (+14%); Professional services and other +$8.0M (+2%). Gross margin 76.9% against 77.0% (-0.0 pts).
Salesforce, Q1 FY27: revenue $11.1B (+13% year over year), operating margin 21.1%, net earnings $2.1B, operating cash flow $6.7B. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 76.9% | 77.0% | -0.0 pts |
| Operating margin | 21.1% | 19.8% | +1.3 pts |
| Net margin | 18.9% | 15.7% | +3.2 pts |
| Free cash flow margin | 58.9% | 64.1% | -5.2 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Agentforce Apps | $6.9B | $6.3B | $565M | +9% |
| Data 360, Headless Platform, and Other | $3.7B | $3.0B | $731M | +25% |
| Subscription and support | $10.6B | $9.3B | $1.3B | +14% |
| Professional services and other | $540M | $532M | $8.0M | +2% |
| Revenue | $11.1B | $9.8B | $1.3B | +13% |
| Gross profit | $8.6B | $7.6B | $999M | +13% |
| Cost of revenue | $2.6B | $2.3B | $305M | +13% |
| Other income, net | $374M | $32.0M | $342M | 12× |
| Operating profit | $2.3B | $1.9B | $405M | +21% |
| Operating expenses | $6.2B | $5.6B | $594M | +11% |
| Pre-tax earnings | $2.7B | $2.0B | $747M | +38% |
| Research & development | $1.6B | $1.5B | $167M | +11% |
| Sales & marketing | $3.8B | $3.4B | $340M | +10% |
| General & admin | $740M | $697M | $43.0M | +6% |
| Other operating costs | $80.0M | $36.0M | $44.0M | +122% |
| Net earnings | $2.1B | $1.5B | $566M | +37% |
| Income tax | $614M | $433M | $181M | +42% |
| Depreciation & amortization | $985M | $843M | $142M | +17% |
| Share-based compensation | $857M | $814M | $43.0M | +5% |
| Working capital & other | $2.8B | $3.3B | −$526M | -16% |
| Operating cash flow | $6.7B | $6.5B | $225M | +3% |
| Free cash flow (OCF − capex) | $6.6B | $6.3B | $259M | +4% |
| Capital expenditures | $145M | $179M | −$34.0M | -19% |
Questions
How much did Salesforce's revenue grow year over year in Q1 FY27?
Salesforce's revenue rose $1.3B (+13%) from $9.8B in Q1 FY26 to $11.1B in Q1 FY27.
What drove Salesforce's revenue change in Q1 FY27?
Subscription and support +$1.3B (+14%); Professional services and other +$8.0M (+2%).