ORCL · Full Picture

ORACLE CORP — the full picture

Stale earnings anchor · 2026-06-01 to 2026-11-09 · 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. Guidance and Outlook · Guidance & outlookPriority 92
    +28.9% revenue; 3 sources (news, press_release, transcript); 16 forward row(s); quote_verified
    Oracle set fiscal 2027 revenue guidance of $90 billion and an increased non-GAAP EPS target of $8.05, according to Mizuho's note.
  2. Capital Expenditure and Funding · Capital expenditurePriority 91
    +66.8% revenue; 3 sources (news, press_release, transcript); 12 forward row(s); quote_verified
    Oracle reiterated fiscal 2027 capex guidance of $90-$95 billion, with net cash capex capped at $70 billion.
  3. Remaining performance obligations · Demand, orders & backlogPriority 91
    +283.5% revenue; 4 sources (news, press_release, sec_filing, transcript); 4 forward row(s); quote_verified
    Remaining performance obligations were $638 billion as of May 31, 2026 and $138 billion as of May 31, 2025.
  4. Revenue Performance and Mix · Revenue growth & mixPriority 90
    +16.8% revenue; 4 sources (news, press_release, sec_filing, transcript); 4 forward row(s); quote_verified
    Analysts' reported management guidance included 27–29% Q1 revenue growth, 58–64% cloud growth, EPS of $1.72–$1.76, and a $90 billion full-year revenue target (management guidance reported in Seeking Alpha summary).
  5. Cloud Infrastructure Growth · Recurring & subscription revenuePriority 88
    +37.0% revenue (realized); 3 sources (news, press_release, transcript); 5 forward row(s); quote_verified
    Q1 FY 2027 guidance: Total Cloud revenue is expected to grow between 57% and 63% in constant currency and is expected to grow between 58% and 64% in USD
  6. Datacenter Capacity Expansion · Capacity & footprint expansionPriority 88
    -6.0% cash; 3 sources (news, press_release, transcript); 17 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
  7. Operating Cash Flow Trends · Cash flow generationPriority 88
    -24.0% cash; 4 sources (news, press_release, sec_filing, transcript); 4 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.
  8. AI Infrastructure Investment · Strategic & business-model shiftsPriority 87
    +66.8% revenue; 3 sources (news, press_release, transcript); 6 forward row(s); quote_verified
    One report stated Oracle is spending $70 billion this year on artificial intelligence expansion.
  9. Customer Dynamics — Cerner/VA Contract · Customers & concentrationPriority 85
    +20.7% revenue; 2 sources (news, transcript); 5 forward row(s); quote_verified
    The Department of Veterans Affairs increased its EHR modernization contract with Oracle by almost $17 billion, bringing the total value to approximately $27 billion.
  10. Capital Expenditures Program · Capital expenditurePriority 84
    -1.0% cash; 3 sources (news, press_release, sec_filing); 3 forward row(s); quote_verified
    Trailing four-quarter Net Cash Outlay for Capital Expenditures in Q4 (ending May 31, 2026) was $(47,726) million
  11. Cloud and Software Growth · UnclassifiedPriority 84
    +13.8% revenue (realized); 2 sources (news, sec_filing); 1 forward row(s); structured_verified
    Oracle posted 121% cloud growth and reported a $664 billion backlog.
  12. Capital Funding and Liquidity · Liquidity & cash positionPriority 83
    -9.0% liability; 3 sources (news, press_release, transcript); 11 forward row(s); quote_verified
    During Q1 FY2027 Oracle completed sale of $20 billion of common stock (before commissions) through an At-the-Market (ATM) equity program.

Threads by pillar

Revenue & Demand Priority 99 · 17 threads

Costs & Margins Priority 91 · 11 threads

Capital & Balance Sheet Priority 99 · 18 threads

Strategy & Portfolio Priority 94 · 13 threads

Legal, Regulatory & Policy Priority 64 · 7 threads

Guidance & Outlook Priority 92 · 1 thread

Macro & Market Conditions Priority 56 · 5 threads

Management & Governance Priority 36 · 3 threads

Shareholders & Street Priority 27 · 2 threads

Unclassified Priority 99 · 5 threads

Expected impact by metric

metricforward netforward grossrealized
revenue+741.0%+748.1%+101.2%
cash-79.6%+142.7%-22.9%
liability-86.7%+86.7%-44.2%
assets+54.2%+54.7%+82.5%
margin-3.3%+3.3%-5.0%
operating_income-1.8%+1.8%-5.0%
net_income-1.0%+1.0%+29.4%