RPO Tracker · CRM · Updated 2026-05-27

Salesforce: Contracted Revenue

Salesforce reported $67.9B of RPO at FY2027 Q1, which is 1.59x the trailing twelve months of the revenue it converts into. The median across all 11 disclosures tracked is 3.34x.

Contracted

$67.9B

FY2027 Q1, Whole company

Coverage

1.59x

against $42.8B of trailing revenue

Due within 12 months

$33.6B

0.79x of trailing sales

Weighted duration

Not disclosed

the company published none

FY2027 Q1

Period ended 2026-04-30 · reported 2026-05-27

Metric
RPO · Whole company
Contracted balance
$67.9B, +11% year over year
Denominator
Fiscal 2026 revenue of $41.5bn for the year ended January 31, 2026, plus first quarter fiscal 2027 revenue of $11.1bn, less first quarter fiscal 2026 revenue of $9.8bn.
Coverage
1.59x (scopes match)
Duration
No weighted average duration, but cRPO of $33.6bn against total RPO of $67.9bn puts 49% of the balance inside twelve months. Salesforce guides on cRPO rather than RPO, which is the honest way round: the near-term half is the half that is really contracted at a known price.
Notes
The maturity case. Salesforce has the second largest software backlog here in absolute terms and the second thinnest coverage at 1.6x, because a $42.8bn revenue base is already collecting most of what it signs. RPO grew 11% and cRPO 14%, both slower than revenue growth of 13% including the Informatica contribution, which is what a backlog looks like when it stops outrunning the business. Useful as the floor of the range: 1.6x is not weak demand, it is what normal looks like.

Sources: company filing or release · company filing or release

Our Coverage

Part of the free RPO and Backlog Coverage Tracker, CC BY 4.0. Cite as: RPO and Backlog Coverage Tracker, Regards of Wallstreet, https://www.regardsofwallstreet.com/data/rpo/entity/salesforce. The methodology explains how coverage is calculated and why the scope of both halves matters.