ORCL · News · 20261102N

Capital Expenditure and Funding

ORACLE CORP · 2026-11-02 · Importance 58 · Surprise 42

Oracle launched a $10 billion U.S. investment-grade bond offering and filed to sell $10 billion of common stock, totaling $20 billion in new financing for its AI and data-center expansion. The offerings use the full amount Oracle said it would raise through fiscal 2030, excluding refinancing of existing debt. Oracle expects capital expenditures to peak in fiscal 2027 and fiscal 2028, and targets at least $30 billion of positive free cash flow by fiscal 2029. The reported use of the proceeds includes general corporate purposes, which may include capital spending, debt repayment, acquisitions, dividends, and buybacks.