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May 28, 2026 8:50 AM

CRM Stock Is Down More Than 30% This Year, But Marc Benioff Says Salesforce's Blowout $11.1 Billion Quarter May Be A 'Sign'

Marc Benioff, Chair and CEO of Salesforce (NYSE:CRM), celebrated the company’s first $11.1 billion quarter by linking the company’s strong financial performance to its 1-1-1 philanthropic model.

Benioff highlighted the company’s $6.7 billion operating cash flow and raised revenue guidance of $45.9-$46.2 billion. He also noted that Salesforce processed 28.6 trillion tokens, a 152% increase quarter-over-quarter, and converted them into 3.8 billion Agentic Work Units for customers, up 111% QOQ, again signaling the 1-1-1 connection.

“Our first $11.1 B quarter – we have always loved the 1-1-1 model. It's a sign?” wrote the CEO.

What Is the 1-1-1 Model?

Salesforce's 1-1-1 model is a long-standing commitment to donate 1% of equity, product, and employee time to philanthropy, embedded at its founding in 1999 by Marc Benioff. As of recent disclosures, this framework has helped generate hundreds of millions in grants and over 10 million volunteer hours, supporting tens of thousands of nonprofits globally.

The initiative has also scaled into the ...