ORCL · 8-K · 20261028PR435853
Capital Expenditures and Free Cash Flow
ORACLE CORP · 2026-10-28 · Importance 68 · Surprise 42 · Contradicted
Oracle expects capital expenditures to peak in FY27–FY28 and step down in FY29. The company expects positive free cash flow during the second half of FY28. Oracle set an FY29 free cash flow target of at least $30 billion.
Key facts
- Oracle FY29 free cash flow target: at least $30 billion source
- Oracle expects positive free cash flow of at least $30 billion in FY29 source
- Oracle expects positive free cash flow during the second half of FY28 source
- Oracle expects capital expenditures to peak in FY27-FY28 and step down in FY29 source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | committed | — | Oracle expects positive free cash flow of at least $30 billion in FY29 |
| cash | positive | committed | — | Oracle expects positive free cash flow during the second half of FY28 |
| cash | positive | committed | — | Oracle expects capital expenditures to peak in FY27-FY28 and step down in FY29 |