ORCL · 10-K · 2026A · Full report

Cloud and Software Growth

ORACLE CORP · 2026-06-22 · Importance 89 · Surprise 82 · Matches filing data

Cloud infrastructure revenue grew 77% reported (75% constant currency) in fiscal 2026, contributing 84% of the constant currency growth in cloud revenues for the year. Cloud applications grew 11% (10% constant currency) and together cloud infrastructure and cloud applications drove the cloud revenue expansion in fiscal 2026. Cloud infrastructure accounted for the majority of cloud growth, indicating the company’s infrastructure offerings were the principal driver of cloud revenue expansion in the period. The company expects continued investment in cloud capacity and new geographic data centers to support this demand.

Key facts

• Cloud and software revenues increased by $9.3 billion in fiscal 2026 relative to fiscal 2025. source
• Excluding currency effects, cloud applications contributed 16% and cloud infrastructure contributed 84% to the constant currency growth in cloud revenues in fiscal 2026. source
• Cloud and software total revenues were $58,530 million for fiscal 2026. source
• Cloud and software total margin was $34,468 million for fiscal 2026. source
• Cloud revenues represented 51% of total revenues during fiscal 2026. source
• Cloud applications revenues were $15,888 million in fiscal 2026. source
• Cloud infrastructure revenues were $18,101 million in fiscal 2026. source
• Cloud revenues represented 43% of total revenues during fiscal 2025. source

Impact estimates