Salesforce (NYSE:CRM) on Wednesday reported fourth-quarter financial results that edged past Wall Street expectations, fueled by a surge in demand for its "Agentforce" AI platform.
The San Francisco-based company posted revenue of $11.20 billion for the quarter ended January 31, 2026, representing 12% year-over-year growth and surpassing the analyst consensus of $11.18 billion.
The results cap a pivotal fiscal year for the SaaS pioneer, during which co-founder and CEO Marc Benioff successfully repositioned the company as an "agentic" enterprise platform.
Total revenue for fiscal 2026 reached $41.5 billion, while the company’s remaining performance obligation (RPO)—a key measure of future contract value—hit a record $72.4 billion, up 14% from the prior year.
Alongside the earnings beat, Salesforce authorized a new $50 billion share repurchase program, replacing its previous unused authorizations and reinforcing its commitment to shareholder returns.
The company also increased its quarterly dividend by 5.8% to $0.44 per share.
Looking ahead, Salesforce issued first-quarter revenue guidance between $11.03 billion and $11.08 billion, coming in above the $10.99 billion expected by analysts.
For the full fiscal year 2027, the company expects revenue to range from $45.8 billion to $46.2 billion.
Management noted that the rapid adoption of AI agents—with over 29,000 Agentforce deals closed to date—is beginning to manifest in consumption-based revenue as companies automate complex workflows and administrative tasks.