The end of the earnings season is always a good time to take a step back and see who shined (and who didn’t). Let’s take a look at how sales software stocks fared in Q1, starting with ZoomInfo (NASDAQ: GTM).

Companies need to be able to interact with and sell to their customers as efficiently as possible. This reality coupled with the ongoing migration of enterprises to the cloud drives demand for cloud-based customer relationship management (CRM) software that integrates data analytics with sales and marketing functions.

The 4 sales software stocks we track reported a satisfactory Q1. As a group, revenues beat analysts’ consensus estimates by 1.5% while next quarter’s revenue guidance was 0.8% below.

Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 11.1% since the latest earnings results.

Weakest Q1: ZoomInfo (NASDAQ: GTM)

Operating a platform it calls "RevOS" - short for Revenue Operating System - ZoomInfo (NASDAQ: GTM) provides sales, marketing, and recruiting teams with business intelligence and analytics to identify prospects and deliver targeted outreach.

ZoomInfo reported revenues of $310.2 million, up 1.5% year on year. This print exceeded analysts’ expectations by 0.7%. Despite the top-line beat, it was still a slower quarter for the company with revenue guidance for next quarter missing analysts’ expectations significantly and billings in line with analysts’ estimates.

ZoomInfo delivered the weakest performance against analyst estimates, weakest guidance update, and slowest revenue growth among its peers. The market seems disappointed with the results as the stock is down 49.3% since reporting and currently trades at $3.07.

Read our full report on ZoomInfo here, it’s free.

Best Q1: HubSpot (NYSE: HUBS)

Born from the idea that traditional interruptive marketing was becoming less effective, HubSpot (NYSE: HUBS) provides an integrated platform that helps businesses attract, engage, and manage customer relationships through marketing, sales, service, and content management tools.

HubSpot reported revenues of $881 million, up 23.4% year on year, outperforming analysts’ expectations by 2.1%. The business had a very strong quarter with EPS guidance for next quarter exceeding analysts’ expectations and an impressive beat of analysts’ adjusted operating income estimates.

HubSpot delivered the fastest revenue growth of the whole group. Although it had a fine quarter compared to its peers, the market seems unhappy with the results as the stock is down 8.3% since reporting. It currently trades at $223.50.

Is now the time to buy HubSpot? Access our full analysis of the earnings results here, it’s free.

Salesforce (NYSE: CRM)

With its cloud-based platform named after its stock ticker symbol CRM (Customer Relationship Management), Salesforce (NYSE: CRM) provides customer relationship management software that helps businesses connect with their customers across sales, service, marketing, and commerce.

Salesforce reported revenues of $11.13 billion, up 13.3% year on year, exceeding analysts’ expectations by 0.8%. Still, it was a mixed quarter as it posted a miss of analysts’ billings estimates.

As expected, the stock is down 2.1% since the results and currently trades at $173.83.

Read our full analysis of Salesforce’s results here.

Freshworks (NASDAQ: FRSH)

Starting as a customer service solution before expanding into a comprehensive software suite, Freshworks (NASDAQ: FRSH) provides AI-powered software-as-a-service solutions that help companies manage customer service, IT support, sales, and marketing functions.

Freshworks reported revenues of $228.6 million, up 16.5% year on year. This number beat analysts’ expectations by 2.3%. Overall, it was a strong quarter as it also logged a solid beat of analysts’ adjusted operating income estimates and full-year EPS guidance exceeding analysts’ expectations.

Freshworks delivered the biggest analyst estimate beat, highest guidance raise, and highest full-year guidance raise in the group. The company added 326 enterprise customers paying more than $5,000 annually to reach a total of 25,088. The stock is up 15.3% since reporting and currently trades at $10.60.

Read our full, actionable report on Freshworks here, it’s free.

Market Update

Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership.

Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products.

By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals.

Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.