Morningstar analysts reviewing Q1 2026 earnings across 16+ enterprise software companies find AI revenues growing rapidly (100%+ YoY where disclosed) but representing roughly 5% of total revenue, with Salesforce Agentforce ARR at $1.2B (+205% YoY), Workday AI revenue crossing $500M, and Palo Alto's XSIAM at $600M ARR. Contract durations are reported as stable or slightly up, contradicting widely circulated fears of clients seeking AI-related exit ramps, though some clients are in "wait-and-see" mode on long-term AI stack decisions. For financial institutions, the picture is one of early but real AI monetization in enterprise software, with margin expansion continuing, but recognized revenue from AI remains a small fraction of bookings/ARR figures being cited publicly.
407 other tracked developments touching the same claims.