Oracle Reports Record Q4 & FY26 Results, Cloud Revenue Surges 47%, Raises FY27 EPS Guidance

summarizeSummary

Oracle reported record Q4 and full-year fiscal 2026 financial results, with cloud revenue up 47% and RPO soaring to $638 billion, largely due to AI contracts. The company also raised its full fiscal year 2027 EPS guidance.

check_boxKey Events

• Record Q4 and FY26 Financial Results

  Oracle reported record Q4 FY2026 total revenues of $19.2 billion (up 21% USD) and non-GAAP EPS of $2.11 (up 24%). Full FY2026 total revenues reached $67.4 billion (up 17% USD) and non-GAAP EPS was $7.63 (up 27%).

• Cloud Revenue Surges

  Q4 Cloud Revenues (IaaS + SaaS) increased 47% to $9.9 billion, driven by 93% growth in Cloud Infrastructure (IaaS) and 10% growth in Cloud Applications (SaaS). Full FY2026 Cloud Revenues grew 39% to $34.0 billion.

• Remaining Performance Obligations (RPO) Soar

  Remaining Performance Obligations (RPO) ended the quarter at a record $638 billion, an increase of $85 billion sequentially and 363% year-over-year. This includes $75 billion from prepaid or customer-supplied hardware portions of large AI contracts.

• Raised FY27 EPS Guidance

  Oracle confirmed its prior FY2027 total revenue guidance of $90 billion and raised its non-GAAP EPS guidance to $8.05, representing 18% growth.

auto_awesomeAnalysis

Oracle announced exceptionally strong Q4 and full fiscal year 2026 results, significantly exceeding expectations, driven by robust growth in its Cloud Infrastructure and Cloud Applications businesses. The substantial increase in Remaining Performance Obligations (RPO) to $638 billion, largely from large-scale AI contracts with customer prepayments, provides strong revenue visibility and reduces Oracle's capital requirements for its ambitious cloud build-out. The raised FY2027 EPS guidance further reinforces a positive outlook, validating the company's aggressive investments in AI and cloud infrastructure.