Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
Oracle delivered strong FY2026 results with revenue surging 17.3% to $67.4B and net income jumping 37.3% to $17.1B, driven by robust cloud infrastructure demand, while total assets expanded 55.5% to $261.8B reflecting significant capital deployment.
Revenue
$67.36B
+17.35% YoY
EPS (Diluted)
$5.83
+34.33% YoY
Operating Income
$20.61B
+16.56% YoY
Source: SEC XBRL
Oracle (ORCL) reported FY2026 revenue of $67.36B, up 17.3% year over year. Operating margin was 30.6%, down 0.2 points from 30.8% a year earlier. Operating cash flow was $31.98B, up 53.6% year over year.
Last 4 quarters: 3 beats
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Jun 2026This filing | 2.03 | 2.00 | Beat +1.4% |
| Mar 2026 | 1.79 | 1.74 | Beat +3.1% |
| Dec 2025 | 2.26 | 1.67 | Beat +35.2% |
| Sep 2025 | 1.47 | 1.51 | Miss -2.6% |
Reported EPS of $2.03 versus the $2.00 analyst consensus — a +1.4% beat for Jun 2026.
Compiled by AI from this SEC filing
Oracle's total revenue grew 17.3% year-over-year to $67.4B in FY2026 (from $57.4B in FY2025), reflecting strong momentum in cloud services and infrastructure offerings as enterprise customers accelerate digital transformation workloads.
Source: 10-K Income Statement
Net income rose 37.3% to $17.1B, outpacing revenue growth and indicating meaningful operating leverage and/or favorable tax or non-operating items; net margin expanded to 25.4% from approximately 21.7% in the prior year.
Source: 10-K Income Statement
Operating cash flow surged 53.6% to $32.0B, demonstrating Oracle's strong cash conversion and the scalability of its cloud business model, providing substantial capital for reinvestment and debt service.
Source: 10-K Cash Flow Statement
Total assets grew 55.5% to $261.8B, with cash and equivalents tripling to $31.3B; financing cash inflows of $40.3B (vs. $1.1B prior year, a +3,568.9% increase) suggest significant new debt issuance or equity raises to fund large-scale capital expenditures and potential acquisitions.
Source: 10-K Balance Sheet & Cash Flow Statement
Investing cash outflows nearly doubled to -$51.9B (from -$21.7B), signaling aggressive investment in data center infrastructure and/or acquisitions to support AI and cloud growth, which will be a key driver of future revenue but also a near-term cash drag.
Source: 10-K Cash Flow Statement
Compiled by AI from this SEC filing · 2 high, 3 medium, 0 low
Oracle's investing outflows reached $51.9B in FY2026, nearly double the prior year, funded in part by $40.3B in financing inflows suggesting substantial new debt. If cloud revenue growth decelerates, the company may face difficulty servicing elevated debt obligations while maintaining its dividend and investment programs.
Source: 10-K Cash Flow Statement & Balance Sheet
While stockholders' equity improved dramatically to $42.5B (from $20.5B), Oracle has historically operated with negative equity due to aggressive buybacks and debt financing. The current ratio of 1.12 is only modestly above 1.0, leaving limited liquidity buffer if short-term obligations accelerate.
Source: 10-K Balance Sheet, Key Ratios
R&D expense grew only 4.2% to $10.3B while revenue grew 17.3%, meaning Oracle is investing proportionally less in innovation relative to its expanding revenue base. This could risk competitive positioning in rapidly evolving AI and cloud infrastructure markets if sustained.
Source: 10-K Income Statement
Despite strong absolute profitability, operating margin edged down slightly to 30.59% from 30.80%, suggesting that cost pressures — likely from data center buildout and personnel — are beginning to offset revenue scale benefits. Continued infrastructure investment could further pressure margins.
Source: 10-K Key Ratios
Oracle's financial profile — with massive capex, surging assets, and near-tripling of cash from financing — indicates the company is in a critical infrastructure scaling phase. Execution missteps, delays in data center deployment, or failure to convert cloud commitments into recognized revenue could materially impact results.
Source: 10-K Balance Sheet & Cash Flow Statement
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue $B | 67.36 $B | 57.40 $B | +17.35% |
Operating Income $B | 20.61 $B | 17.68 $B | +16.56% |
Net Income $B | 17.09 $B | 12.44 $B | +37.32% |
EPS (Basic) $ | 5.94 $ | 4.46 $ | +33.18% |
EPS (Diluted) $ | 5.83 $ | 4.34 $ | +34.33% |
R&D Expense $B | 10.27 $B | 9.86 $B | +4.18% |
Answers draw on this SEC filing and the data on this page
Oracle reported strong financial performance in Q3 FY2026 with significant revenue and net income growth, driven by robust operational efficiency and strategic investments.
Oracle's Q2 FY2026 results show significant growth in net income and EPS, driven by strong revenue increases and strategic financial management.
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