Oracle reports 30% revenue growth and declares quarterly dividends
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 total cloud revenue rose 62% to $11.6 billion and cloud infrastructure revenue more than doubled to $7.4 billion. The company said remaining performance obligations reached $664 billion and issued Q2 guidance for 30%-34% revenue growth; it also completed $20 billion of common-stock sales through its ATM program during the quarter. Oracle declared a $0.50-per-share common-stock dividend payable October 23, 2026, to holders of record October 9, and a $1,625-per-share mandatory convertible preferred-stock dividend payable October 15 to holders of record October 1.