Oracle Raises FY27 Outlook to $90B as Q3 Revenue Tops $17.19B
Oracle reported fiscal Q3 revenue of $17.19B, beat estimates, raised its FY27 revenue outlook to $90B and saw RPO surge 325% to $553B; it forecasts Q4 revenue growth of 19-21% and EPS of $1.96–2.00. Wiz’s $32B security platform will run on Oracle Cloud alongside AWS and Azure, boosting Oracle Cloud adoption.
1. Fiscal Third-Quarter Results and Outlook
Oracle recorded $17.19 billion in Q3 revenue, exceeding the $16.91 billion consensus, and lifted its fiscal 2027 revenue outlook to $90 billion. Remaining performance obligations jumped 325% year-over-year to $553 billion, and management forecasts Q4 revenue growth of 19-21% with adjusted EPS of $1.96-2.00 per share.
2. Wiz Security Platform Will Run on Oracle Cloud
Following a $32 billion acquisition by Google, Wiz’s security platform will operate on Oracle Cloud alongside AWS and Azure. This integration expands Oracle Cloud’s security service portfolio and may attract enterprises seeking robust multi-cloud cybersecurity solutions.