Business UpdateOct 28, 2026, 02:31 PM
Oracle Sets FY30 Revenue Target of $225B+, Projects Positive Free Cash Flow by FY28
AI Summary
Oracle Corporation hosted its 2026 Investor Day, outlining a long-term strategy and financial guidance. The company projects total revenue to exceed $225 billion by FY30, driven by over 35% CAGR from FY26, with a non-GAAP operating margin above 40% and non-GAAP EPS of $21+. Oracle anticipates achieving positive free cash flow in the second half of FY28, targeting over $30 billion in FY29. The company also committed to limiting additional capital raises to $20 billion through FY30 and reaffirmed its FY27 outlook.
Key Highlights
- Oracle sets long-term outlook for FY30 with $225 billion+ in total revenue, representing over 35% CAGR from FY26.
- Company projects non-GAAP operating margin of 40%+ and non-GAAP EPS of $21+ for FY30.
- Oracle defines timeline to positive free cash flow during the second half of FY28, targeting $30 billion+ for FY29.
- Committed to limiting additional capital raises through FY30 to $20 billion ($10B equity, $10B debt), excluding refinancing.
- Growth will be self-funded beginning in FY29, with net debt to adjusted EBITDA below 3.5x in FY29.
- Reaffirmed fiscal 2027 outlook for total revenue of at least $90 billion and non-GAAP EPS of $8.10.
Price Impact
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