Salesforce Shares Slip 1% as CEO Highlights $1B Agentforce Run Rate
CRM•Salesforce shares fell 1% after Q1 revenue rose 14% to over $11B but Q2 guidance missed expectations. CEO Marc Benioff said the Agentforce AI platform has reached a $1B annual run rate and sales headcount is expanding to support full-year revenue exceeding $46B.
1. Q1 Results and Market Reaction
Salesforce reported first-quarter revenue up 14% year-over-year to top $11 billion and delivered an adjusted profit beat, but a softer-than-expected Q2 forecast triggered a 1% drop in shares.
2. Agentforce AI Platform Milestone
Marc Benioff said the Agentforce platform surpassed a $1 billion annual revenue run rate and is now integrated across sales, service and core Salesforce applications.
3. Outlook and Hiring Plans
Benioff forecast full-year revenue above $46 billion, called it a “monster year,” and noted new hires in the sales organization while engineering headcount remains flat as AI integrations expand.
