Oracle Reports Q4 Revenue Up 21% to $19.2B and 93% Cloud Infrastructure Growth
ORCL•Oracle posted Q4 revenue of $19.2 billion, a 21% increase year-over-year, with non-GAAP EPS rising 24% to $2.11 and operating income up 22% to $8.6 billion. Cloud infrastructure revenue soared 93% while remaining performance obligations reached $638 billion, up 363%, driven by $67 billion in AI infrastructure contracts.
1. Q4 Financial Highlights
Oracle delivered Q4 revenue of $19.2 billion, up 21% year-over-year, with non-GAAP operating income of $8.6 billion (up 22%) and EPS of $2.11 (up 24%). Full-year revenue exceeded $67 billion and cash flow from operations reached $32 billion, a 54% increase.
2. Cloud and Database Momentum
Cloud infrastructure revenue surged 93%, cloud applications grew 10% to $4.1 billion, and database business revenue rose 29%. The company deployed over 1,000 AI agents across its application suites, bolstering its cloud service capabilities.
3. RPO and AI Infrastructure Contracts
Remaining performance obligations climbed to $638 billion, up 363%, underscoring strong future revenue visibility. Oracle signed $67 billion in AI infrastructure contracts in Q4, reflecting robust enterprise demand for its AI and data center solutions.
4. Capital Investments and Outlook
Net capital expenditures reached $48 billion for the fiscal year due to data center expansion, prompting an expected step-down in gross margins in FY27. To fund growth initiatives and manage component cost volatility, Oracle plans to raise approximately $40 billion in debt and equity.
