ORACLE CORP Q1 FY27 Results

Summary

Oracle Corporation reported strong Q1 FY27 results, with total revenues increasing 30% year-over-year to $19.3 billion. This growth was primarily driven by a 62% surge in total cloud revenues to $11.6 billion, fueled by exceptional 121% growth in Cloud Infrastructure (IaaS). GAAP earnings per share rose 55% to $1.56, and non-GAAP earnings per share increased 30% to $1.92. The company also reported a record operating cash flow of $23 billion, up 184%. Oracle provided guidance for Q2 FY27, expecting total revenues to grow between 30% and 34% and total cloud revenue between 65% and 71%.

Key Highlights

1. 1

   Oracle announced Q1 FY27 results with strong revenue growth, with total quarterly revenues increasing 30% to $19.3 billion.

2. 2

   Record Q1 Total Revenues reached $19.3 billion, up 30% in USD and constant currency.

3. 3

   Record Q1 Total Cloud Revenues increased 62% in USD and 61% in constant currency to $11.6 billion.

4. 4

   Q1 Cloud Infrastructure (IaaS) Revenue saw significant growth, up 121% in USD and 120% in constant currency to $7.4 billion.

5. 5

   Q1 GAAP Earnings per Share increased 55% in USD to $1.56, while non-GAAP Earnings per Share rose 30% to $1.92.

6. 6

   Remaining Performance Obligations (RPO) increased by $209 billion year-over-year to $664 billion.

7. 7

   Oracle generated a record Q1 operating cash flow of $23 billion, up 184%.