• First Quarter Revenue of $5.96 Billion, up 23% Year-Over-Year, 20% in Constant Currency
• Current Remaining Performance Obligation of Approximately $17.8 Billion, up 23% Year Over-Year, 20% in Constant Currency
• First Quarter Operating Cash Flow of $3.23 Billion, up 74% Year-Over-Year
• First Quarter GAAP Operating Margin of 5.9% and Non-GAAP Operating Margin of 20.2%
• Raises FY22 GAAP Operating Margin Guidance to Approximately 1.4% and Non-GAAP Operating
Margin Guidance to Approximately 18.0%
• Initiates Second Quarter FY22 Revenue Guidance of $6.22 Billion to $6.23 Billion, up Approximately 21% Year-Over-Year
“We had the best first quarter in our company’s history,” said Marc Benioff, Chair & CEO, Salesforce. “We believe our Customer 360 platform is proving to be the most relevant technology for companies accelerating out of the pandemic. With incredible momentum throughout our core business, we’re raising our revenue guidance for this fiscal year by $250 million to approximately $26 billion and non-GAAP operating margin to 18 percent. We’re on our path to reach $50 billion in revenue in FY26.”
“Our performance in the first quarter was strong across all financial metrics,” said Amy Weaver, President and Chief Financial Officer, Salesforce. “We saw record levels of new business and strength across all products, regions, and customer sizes. Our impressive start to this year helps fuel our momentum for the rest of the year as we keep pace toward our goal of $50 billion in revenue in FY26.”
