Oracle posts $19.3B quarter as cloud infrastructure revenue rises 121%
Oracle's fiscal Q1 2027 revenue grew 30% to $19.3B, with OCI revenue up 121% to $7.4B and remaining performance obligations reaching $664B.
Oracle's fiscal Q1 2027 revenue grew 30% to $19.3B, with OCI revenue up 121% to $7.4B and remaining performance obligations reaching $664B. (Oracle newsroom; Verdict)
Total cloud revenue was $11.6B, up 62%. GAAP EPS was $1.56 and non-GAAP EPS $1.92. Oracle guided Q2 revenue growth of 30% to 34% and said fiscal 2027 revenue would be at least $90B. (Oracle newsroom; Verdict)