Oracle reports 30% revenue growth as cloud infrastructure revenue more than doubles
Filed with the SEC on · Summarized by InvestorsBot
Oracle reported fiscal Q1 2027 revenue of $19.3 billion for the quarter ended August 31, 2026, up 30% year over year, while cloud revenue rose 62% to $11.6 billion and cloud infrastructure revenue increased 121% to $7.4 billion. Oracle posted GAAP diluted EPS of $1.56 and non-GAAP EPS of $1.92, raised its fiscal 2027 revenue outlook to at least $90 billion, and said it sold $20 billion of common stock through an ATM program to support its infrastructure investment; free cash flow was negative $5.4 billion after $28.5 billion of capital expenditures.