ORCL · Full Picture

ORACLE CORP — the full picture

Earnings window · 2026-06-01 to 2026-08-09 · anchored on the 10-K report

One earnings window, everything merged: the filing, the call, press releases and news digests, folded into ranked threads.

What to look at first

  1. Capital Expenditure Program · Capital expenditurePriority 91
    +66.8% revenue; 3 sources (news, press_release, transcript); 14 forward row(s); quote_verified
    For fiscal year 2027, expected net cash outlay for capital expenditures: around $70 billion (includes customer prepayments and timing impacts expected at around $20 billion to $25 billion, reported CapEx will be higher by this amount)
  2. Remaining performance obligations · Demand, orders & backlogPriority 89
    +153.4% revenue; 4 sources (news, press_release, sec_filing, transcript); 3 forward row(s); quote_verified
    Remaining performance obligations were $638 billion as of May 31, 2026 and $138 billion as of May 31, 2025.
  3. AI Infrastructure Investment · Strategic & business-model shiftsPriority 88
    -17.4% cash; 3 sources (news, press_release, transcript); 7 forward row(s); quote_verified
    Gartner projects global end-user spending on AI models and platforms will reach $64 billion in 2026, a 63.4% increase from 2025.
  4. Datacenter Capacity Expansion · Capacity & footprint expansionPriority 88
    +20.1% assets (realized); 3 sources (news, press_release, transcript); 10 forward row(s); quote_verified
    Property, plant and equipment, net at May 31, 2026 were $99,957 million compared to $43,522 million at May 31, 2025
  5. Operating Cash Flow Trends · Cash flow generationPriority 87
    -1.1% liability; 4 sources (news, press_release, sec_filing, transcript); 3 forward row(s); structured_verified
    Net cash used for investing activities for the year ended May 31, 2026 was $(51,854) million, a 139% change compared to $(21,711) million the prior year.
  6. Revenue Performance and Mix · Revenue growth & mixPriority 87
    +29.3% revenue; 4 sources (news, press_release, sec_filing, transcript); 4 forward row(s); quote_verified
    Full year revenues surpassed $67 billion for the first time
  7. Guidance and Outlook · Guidance & outlookPriority 86
    +45.7% revenue; 3 sources (news, press_release, transcript); 12 forward row(s); quote_verified
    Management guides for 58–64% cloud growth.
  8. Cloud Services Growth · Recurring & subscription revenuePriority 85
    +37.0% revenue (realized); 3 sources (news, press_release, transcript); 3 forward row(s); quote_verified
    OCI revenue is guided to grow 120% to $34 billion for FY27 (as stated in the analysis).
  9. Cloud and Software Growth · UnclassifiedPriority 85
    +16.8% revenue; 2 sources (news, sec_filing); 1 forward row(s); structured_verified
    Management guides for 34% year-over-year revenue growth to $90 billion.
  10. Liquidity and Cash Position · Liquidity & cash positionPriority 81
    +44.1% assets (realized); 3 sources (news, press_release, sec_filing); quote_verified
    Total assets at May 31, 2026 were $261,759 million compared to $168,361 million at May 31, 2025
  11. Interest Expense and Indebtedness · Debt, leverage & refinancingPriority 80
    -16.8% liability (realized); 3 sources (news, press_release, sec_filing); structured_verified
    Notes payable and other borrowings, non-current were $122,342 million at May 31, 2026 compared to $85,297 million at May 31, 2025
  12. AI Backlog and OpenAI Exposure · Demand, orders & backlogPriority 77
    -97.4% liability; 1 forward row(s); quote_verified
    Oracle has $300 billion in committed spending tied to OpenAI-related business (as stated in the report).

Threads by pillar

Revenue & Demand Priority 98 · 19 threads

Costs & Margins Priority 91 · 14 threads

Capital & Balance Sheet Priority 99 · 16 threads

Strategy & Portfolio Priority 93 · 11 threads

Legal, Regulatory & Policy Priority 57 · 9 threads

Guidance & Outlook Priority 86 · 1 thread

Macro & Market Conditions Priority 65 · 6 threads

Management & Governance Priority 17 · 1 thread

Shareholders & Street Priority 62 · 4 threads

Unclassified Priority 99 · 5 threads

Expected impact by metric

metricforward netforward grossrealized
revenue+413.9%+413.9%+93.8%
liability-117.7%+117.7%-49.7%
cash-34.3%+85.5%+3.1%
assets+28.5%+28.9%+64.2%
margin-3.3%+3.3%-11.0%
operating_income-0.9%+0.9%+13.1%
net_income——+24.5%