Salesforce (NYSE: CRM) Earnings Preview: AI Adoption and Growth Outlook

• Salesforce (NYSE: CRM) is set to release its quarterly earnings, with analysts expecting $3.27 EPS and $11.33 billion in revenue, indicating strong growth.
• Investors are keenly observing Salesforce's organic growth and the impact of its artificial intelligence (AI) investments, despite a reported softening in Agentforce adoption.
• Key valuation metrics for Salesforce include a trailing Price-to-Earnings (P/E) ratio of 23.59, a debt-to-equity ratio of 1.22, and a current ratio of 0.79.

Salesforce (NYSE: CRM), a major player in cloud-based software, focuses on customer relationship management (CRM) technology. The company helps businesses manage their customer data and interactions. It faces competition from other large software firms. Salesforce is set to release its quarterly earnings report on August 26, 2026, after the market closes.

For the upcoming quarter, Wall Street expects an earnings per share (EPS) of $3.27 on revenue of $11.33 billion. This aligns with analyst projections of $11.32 billion in revenue and $3.27 in EPS. These figures suggest an estimated 11% growth in revenue and 12% growth in earnings for Salesforce.

Investors are watching to see if Salesforce can show renewed organic growth and successful use of its artificial intelligence (AI) investments. As highlighted by Jefferies, there are questions about whether growth can speed up in the second half of the year. A survey of Salesforce partners showed 70% were at or above their plan for the quarter.

However, the adoption of its AI product, Agentforce, has softened. Only 20% of partners report double-digit adoption, a decrease from 55% in the previous quarter. This comes as more customers are looking at competing AI tools. As highlighted by Benzinga, investors are questioning if Salesforce can repeat its performance from last quarter when it beat EPS estimates by $0.75.

Looking at its valuation, Salesforce has a trailing Price-to-Earnings (P/E) ratio of 23.59, which shows the price investors pay per dollar of earnings. The company's debt-to-equity ratio is 1.22, comparing its total debt to shareholder equity. Its current ratio of 0.79 measures its ability to pay short-term obligations.