Oracle Announces Record Q4 and FY 2026 Results Driven by Cloud Infrastructure & Cloud Applications
Oracle said AI infrastructure contracts drove a 363% jump in remaining performance obligations, signaling stronger future revenue visibility.
- On Wednesday, June 10, Oracle Corporation reported a record fiscal quarter, with cloud infrastructure revenue surging 93% and remaining performance obligations reaching $638 billion, reflecting strong AI workload demand.
- Oracle signed $67 billion in AI infrastructure contracts this quarter, primarily through prepaid or bring-your-own-hardware arrangements, as enterprises accelerate adoption of high-performance computing for data operations.
- Total revenue climbed to $19.2 billion, up 21% in U.S. dollars, while non-GAAP operating income reached $8.6 billion, up 22%, driven by revenue growth and lower operating costs.
- Management projected $70 billion in net cash outlay for capital expenditures in fiscal 2027, with Co-CEO Clay Magouyrk asserting Oracle is "very good at building and running high-performance and cost-efficient cloud datacenters."
- Shares closed at $201.26 on Wednesday as analysts debate whether the $638 billion backlog conversion and $70 billion capital investment can sustain growth as OCI revenue scales from $18 billion to $32 billion.
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The post Can Oracle Hit $400? This Is How It Could appeared first on 24/7 Wall St.. Oracle (NYSE:ORCL) just turned in the quarter that finally validates the AI infrastructure thesis. Cloud Infrastructure revenue jumped 93% year over year to $5.79 billion in Q4 FY2026, and the remaining performance obligation backlog now sits at $638 billion. Shares closed at $201.26 on June 10, up just 3.89% year to date. The disconnect between booked backlog an…
Waterloo Cedar Falls Courier
Oracle Announces Record Q4 and FY 2026 Results Driven by Cloud Infrastructure & Cloud Applications
Record Remaining Performance Obligations grew $85 billion in Q4 from $553 billion to $638 billionRecord Q4 Earnings per Share GAAP up 21% USD to $1.45, non-GAAP up 24% USD to $2.111Record Q4 Total Revenues $19.2 billion, up 21% USD, and…
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etfdb.comOracle's Cloud Boom Bolsters the Case for OGIG ETF
Oracle Corp. (ORCL) reported record fiscal fourth-quarter results on Wednesday, with cloud revenue jumping 47% to $9.9 billion, according to the company’s earnings release. The results highlight one of the largest holdings in the ALPS O’Shares Global Internet Giants ETF (OGIG). Key Takeaways: Cloud revenue rose 47% to $9.9B in Oracle’s fiscal Q4, driven largely [...] The post Oracle’s Cloud Boom Bolsters the Case for OGIG ETF appeared first on E…
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