Oracle reports FY2026 revenue up 17% and confirms FY2027 revenue guidance near $90 billion

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Oracle reports FY2026 revenue up 17% and confirms FY2027 revenue guidance near $90 billion

financial_update2026-09-10 13:03:42 UTCimp 0.82ORCL +0.85

Oracle reported fiscal 2026 revenue of $67.4 billion, up 17% year over year, and cloud infrastructure revenue of $18.1 billion, up 77%. Remaining performance obligations reached $638 billion at the end of Q4 FY2026, up 363% year over year. Oracle confirmed fiscal 2027 total-revenue guidance of about $90 billion, implying roughly 34% growth.

Occurred 2026-06-10 20:05:00 UTCSurprise 0.58Confidence 0.95
Rationale

This is a material, forward-looking earnings and backlog update rather than the article's excluded stock-performance commentary. Oracle reported FY2026 revenue growth, strong cloud-infrastructure growth, a $638 billion remaining performance obligation, and FY2027 revenue guidance near $90 billion, all of which affect expectations for future revenue and cash flows. The actual earnings event occurred on June 10, 2026, rather than the September 10 article publication date; 2026-06-10T20:05:00Z is used as the best timestamp proxy based on the Oracle release record, with slightly lower confidence for the exact minute. The wording uses “near/about $90 billion” because the official release confirms $90 billion while the secondary article says more than $90 billion. Surprise is moderated because the FY2027 guidance had been previewed before the release, although the realized backlog and cloud-growth figures remained informative. The related development in the same event focuses on Q4 cloud growth and Q1 FY2027 guidance, while this item emphasizes full-year revenue and FY2027 total-revenue guidance, so it is retained as a distinct sub-update. Only ORCL is approved because the supplied evidence does not identify specific supplier contracts or sufficiently direct competitor impacts.

EventsOracle FY2026 Q4 Cloud Growth and AI Backlog
Evidence
Oracle Bets Big on AI With $638 Billion Backlog as Stock Struggles
yahoo2026-09-10 12:32:30 UTCOpen source
The cloud company reported fiscal 2026 revenue of $67.4 billion, up 17% from a year earlier. Cloud infrastructure revenue increased 77% to $18.1 billion, while the remaining performance obligation, or RPO, reached $638 billion in the fourth quarter.
The company projects fiscal 2027 revenue of more than $90 billion, representing growth of about 34%.