ORCL · News · 20260930N
Capital Expenditures and Funding
ORACLE CORP · 2026-09-30 · Importance 64 · Surprise 42 · In source text
Oracle spent $28.5 billion on capital expenditures in the latest quarter against $19.3 billion of revenue. The AI infrastructure build-out is being funded through debt, customer prepayments, and stock sales. The spending level exceeded quarterly revenue by approximately $9.2 billion, increasing pressure on cash generation and external financing.
Key facts
- Oracle spent $28.5 billion on capital expenditures last quarter. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -10.9% | Oracle spent $28.5 billion on capital expenditures last quarter. |
| assets | positive | realized | +10.9% | Oracle spent $28.5 billion on capital expenditures last quarter. |