ORCL · News · 20260727N
Outstanding Indebtedness and Credit Risk
ORACLE CORP · 2026-07-27 · Importance 64 · Surprise 42 · In source text
Third-party reports stated that Oracle has taken on nearly $130 billion of debt to build AI data centers, with a debt-to-equity ratio of approximately 300%. Other reporting cited a BBB- credit rating and a $273 billion off-balance-sheet debt figure, although the latter was presented as an analyst estimate. S&P Global reportedly downgraded Oracle because of rising AI infrastructure spending, capital expenditures, and customer concentration with OpenAI, while credit-default-swap spreads reached approximately 200 basis points.
Key facts
- Oracle has taken on nearly $130 billion in debt to build AI data centers, with a debt-to-equity ratio of 300%. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | realized | -49.7% | Oracle has taken on nearly $130 billion in debt to build AI data centers, with a debt-to-equity ratio of 300%. |