---
schema_version: "secwatch.filing_event.v1"
accession: "0001108524-23-000021"
form_type: "8-K"
ticker: "CRM"
cik: "0001108524"
company_name: "Salesforce, Inc."
filed_at: "2023-05-31T23:59:59+00:00"
generated_at: "2026-06-14T10:11:04.467553+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Salesforce Q1 revenue $8.25B (+11% YoY); raises FY24 non-GAAP op margin to ~28%

## Summary
- Q1 revenue $8.25B, +11% YoY; GAAP EPS $0.20, non-GAAP EPS $1.69.
- GAAP operating margin 5.0%, non-GAAP 27.6%; operating cash flow $4.49B (+22% YoY).
- Raises FY24 non-GAAP operating margin guidance to ~28.0% (550 bps YoY increase).
- Q2 revenue guidance $8.51-8.53B; full-year revenue reiterated $34.5-34.7B.
- Returned $2.1B to shareholders via share repurchases in Q1.

## SEC filing metadata
- accession: 0001108524-23-000021
- form_type: 8-K
- ticker: CRM
- cik: 0001108524
- company_name: Salesforce, Inc.
- filed_at: 2023-05-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108524/000110852423000021/0001108524-23-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1108524/000110852423000021/crm-20230531.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001108524-23-000021
- JSON: https://secwatch.observer/filing/0001108524-23-000021.json
- Plain text: https://secwatch.observer/filing/0001108524-23-000021.txt

## Key facts
- Earnings Releases
  Salesforce, Inc. reported first quarter fiscal 2024 ended April 30, 2023 results: revenue $8.25 Billion, EPS First Quarter GAAP Diluted Earnings per Share ("EPS") of $0.20 and Non-GAAP Diluted EPS of $1.69. Guidance raised.
  - Period: first quarter fiscal 2024 ended April 30, 2023
  - Revenue: $8.25 Billion
  - EPS: First Quarter GAAP Diluted Earnings per Share ("EPS") of $0.20 and Non-GAAP Diluted EPS of $1.69
  - Guidance: raised
  - Result: reported results
  source text: Salesforce (NYSE: CRM), the global leader in CRM, today announced results for its first quarter fiscal 2024 ended April 30, 2023. • First Quarter Revenue of $8.25 Billion, up 11% Year-Over-Year ("Y/Y"), up 13% Constant Currency ("CC") • First Quarter GAAP Operating Margin of 5.0% and Non-GAAP Operating Margin of 27.6% • Current Remaining Performance Obligation of $24.1 Billion, up 12% Y/Y, 12% CC • First Quarter GAAP Diluted Earnings per Share ("EPS") of $0.20 and Non-GAAP Diluted EPS of $1.69 • Returned $2.1 Billion in First Quarter to Stockholders in the Form of Share Repurchases • Initiates Second Quarter FY24 Revenue Guidance of $8.51 Billion to $8.53 Billion, up ~10% Y/Y • Reiterates Full Year FY24 Revenue Guidance of $34.5 Billion to $34.7 Billion, up ~10% Y/Y • Raises Full Year FY24 GAAP Operating Margin Guidance to ~11.4% and Non-GAAP Operating Margin Guidance to ~28.0%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108524/000110852423000021/0001108524-23-000021-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
