Oracle's fourth quarter revenue beats estimates as Cloud Infrastructure growth surges 93%

Oracle reported record fiscal fourth quarter 2026 results, with total revenues of $19.2 billion and non-GAAP EPS of $2.11, both surpassing analyst expectations. The performance was driven by accelerating demand for its cloud services, particularly for AI workloads.

Key Highlights

• Cloud Infrastructure (IaaS) revenue grew 93% year-over-year to $5.8 billion, significantly accelerating from prior trends.
• Remaining Performance Obligations (RPO) reached a record $638 billion, a sequential increase of $85 billion, driven by large-scale AI contracts.
• The company guided for first quarter 2027 total revenue to grow between 27% and 29%, with total cloud revenue expected to grow 57% to 63%.