Oracle Q4 Earnings Beat, Cloud Miss, $40B Raise Sends Shares Down 11%
Oracle reported fiscal Q4 2026 earnings above estimates, with revenue of $19.18 billion (up 21%) and adjusted EPS of $2.11. However, cloud revenue missed forecasts, and shares fell 11% after the company announced a $40 billion debt-and-equity raise to fund AI data center expansion. Cloud infrastructure revenue surged 93% to $5.8 billion, and remaining performance obligations hit a record $638 billion, driven by OpenAI contracts. The company maintained its fiscal 2027 revenue guidance of $90 billion.
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Oracle shares tumble 11% on increased capital raise, cash concerns
Oracle shares fell 8% (11% in the headline context) despite beating earnings and revenue estimates for its fiscal fourth quarter. The company reported a 21% revenue jump to $19.18 billion and adjusted EPS of $2.03, both above analyst expectations. However, investor sentiment was weighed down by a massive capital raise plan of $40 billion through debt and equity, including a $20 billion share sale, and a negative free cash flow of $23.7 billion for the fiscal year. Capital expenditures surged 162% to $55.7 billion, driven by AI infrastructure buildout, with CFO Hilary Maxson guiding for $70 billion in capex for fiscal 2027. Cloud infrastructure revenue grew 93% to $5.8 billion, and remaining performance obligations reached $638 billion, with over 50% from OpenAI. The stock is now down about 6% year-to-date, trailing the Nasdaq.
US Top News and AnalysisOracle shares tumble 11% on increased capital raise, cash concerns
Oracle shares fell 11% on June 11, 2026, heading for their worst day since January 2025, despite beating earnings and revenue estimates for the fiscal fourth quarter. The company reported a 21% revenue jump to $19.18 billion and adjusted EPS of $2.03, both above analyst expectations. However, investor sentiment was weighed down by Oracle's plan to raise an additional $40 billion through debt and equity financing, including a $20 billion share sale, and a negative free cash flow of $23.7 billion for the fiscal year. Capital expenditures surged 162% to $55.7 billion, driven by AI infrastructure buildout, with net capex for fiscal 2027 expected around $70 billion. Cloud infrastructure revenue grew 93% to $5.8 billion, and remaining performance obligations reached $638 billion, with over 50% from OpenAI. The company maintained its fiscal 2027 revenue guidance of $90 billion and raised adjusted EPS forecast to $8.05.
US Top News and AnalysisOracle Q4 2026 Earnings Beat but Stock Falls on $40 Billion AI Debt Plan
Oracle reported Q4 fiscal 2026 earnings that beat Wall Street expectations, with adjusted EPS of $2.03 versus $1.96 consensus and revenue of $19.18 billion slightly above the $19.10 billion estimate. Cloud infrastructure revenue surged 93% to $5.8 billion, driving total cloud revenue up 47% to $9.9 billion. However, shares dropped roughly 10% in after-hours trading after the company announced plans to raise approximately $40 billion in new financing for its AI data center buildout. Capital expenditures surged to $55.7 billion from $21.2 billion in fiscal 2025, leaving free cash flow at negative $23.7 billion. CFO Hilary Maxson said net capital expenditure spend in fiscal 2027 would be roughly $70 billion. Oracle maintained its fiscal 2027 revenue goal of $90 billion and raised its adjusted EPS target to $8.05.
Yahoo FinanceOracle Q4 Earnings: Record Revenue, AI Infrastructure Boom Drives $638 Billion in Future Obligations
Oracle reported a record fiscal Q4 2026 with revenue of $19.2 billion, up 21%, and full-year revenue surpassing $67 billion for the first time. Cloud infrastructure revenue surged 93% due to strong AI and cloud demand. The company's remaining performance obligations (RPO) hit an unprecedented $638 billion, up 363%, driven by $67 billion in new AI infrastructure contracts signed during the quarter. Oracle now has $75 billion in combined prepaid or bring-your-own-hardware commitments. Management guided for 34% constant-currency revenue growth in fiscal 2027, with Q1 cloud revenue expected to rise 58% to 64%. The company plans heavy capital investment, including about $70 billion in net cash capital expenditures and roughly $40 billion in financing. Non-GAAP EPS was $2.11 for the quarter, up 24%.
Yahoo FinanceOracle Beats Q4 Earnings and Revenue Estimates, Raises Profit Forecast and Adds $20 Billion to Capital Raise
Oracle reported better-than-expected fiscal fourth-quarter earnings and revenue, with adjusted EPS of $2.11 versus $1.96 expected and revenue of $19.18 billion versus $19.10 billion expected. Revenue grew 21% year over year. The company maintained its fiscal 2027 revenue guidance of $90 billion while raising its adjusted EPS forecast to $8.05. Oracle plans to raise $40 billion through debt and equity, including a $20 billion share sale. Cloud revenue surged 47% to $9.91 billion, with cloud infrastructure revenue jumping 93% to $5.8 billion. Remaining performance obligations hit $638 billion, up 363%, with Bank of America noting over 50% from OpenAI. The company also appointed a new CFO and secured funding for a $16 billion data center in Michigan. Oracle shares are up 3% year-to-date but fell 4% in extended trading.
US Top News and AnalysisOracle Q4 Earnings Beat on Revenue but Miss on Cloud Sales; Shares Fall
Oracle reported fiscal fourth-quarter earnings that beat analyst expectations on both revenue and earnings per share, but fell short on cloud sales. The company posted EPS of $2.11 on revenue of $19.18 billion, compared to estimates of $1.97 and $19.09 billion. However, cloud revenue came in at $9.91 billion, below the $9.99 billion forecast, with Cloud Applications missing at $4.13 billion versus $4.17 billion expected. Cloud Infrastructure revenue of $5.79 billion slightly beat the $5.72 billion estimate. Oracle also announced plans to raise approximately $40 billion through debt and equity to fund data center expansion. Despite the cloud miss, the company reaffirmed its 2027 revenue guidance of $90 billion. Remaining performance obligations (RPOs) surged to $638 billion, well above the $589.5 billion consensus, signaling strong future demand. Shares dropped over 10% in early trading following the announcement.
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