ORCL

Oracle

Hyperscalers & Cloud SoftwareAI exposure: Significant

Oracle Cloud Infrastructure rents large GPU clusters to AI labs.

Next earnings: Oracle has not announced its next earnings date. Its last earnings release was filed with the SEC on September 10, 2026 (Form 8-K, item 2.02); companies on this list usually announce the next date two to three weeks ahead. Last earnings release on EDGAR

Alerts for ORCL

01What does it supply?

Products, customers, and where it sits in the AI stack.

What the company does

Database and enterprise software, and a cloud infrastructure business.

Its role in AI

OCI has become a major provider of GPU capacity to AI model developers, alongside its database and applications business.

02How much does AI matter to its business?

Significant. A large and growing share of revenue or spending is AI-related.

Why ORCL is rated significant

Significant. Cloud infrastructure revenue was $7.4 billion of $19.3 billion total in the quarter ended August 31, 2026 (38%), up 121%, and the $664 billion of remaining performance obligations is dominated by AI cloud contracts. Database and applications software still produce most of the profit, and the build-out is being funded with $28.5 billion of quarterly capex and a $20 billion stock sale, which is why this is significant rather than core.

Reported figures come from the company's own filings and releases. Estimates are third-party or editorial and are kept separate. The exposure label is an editorial judgment.

Reported by the company

Cloud Infrastructure (IaaS) revenue $7.4 billion, up 121% in USD and 120% in constant currency; total cloud revenue $11.6 billion, up 62%; total revenue $19.3 billion, up 30%.Source · Q1 FY2027, three months ended August 31, 2026
Booked more than $30 billion of additional AI cloud contracts in Q1, increasing remaining performance obligations to $664 billion, up $209 billion year over year.Source · Q1 FY2027, three months ended August 31, 2026
Delivered more than 300,000 GPUs to AI Cloud customers, almost triple the capacity delivered in Q4 FY26; Q1 capital expenditures $28.5 billion and free cash flow negative $5 billion.Source · Q1 FY2027, three months ended August 31, 2026
Fiscal 2027 outlook: total revenue expected to be at least $90 billion and non-GAAP EPS $8.10; completed a $20 billion common stock sale via ATM program to fund the capital investment program.Source · Guidance issued September 10, 2026

Estimates

No third-party or editorial estimates are listed for ORCL. Only company-reported figures are shown at present.

Key financial metrics, by reporting period

Company-reported, via TradingView

03What should visitors watch next?

Earnings, product launches, customer spending, and the risks that matter.

Next earnings

No announced date on file. Check the investor relations page.

Last earnings release: 2026-09-10 (8-K)

Watch list

The Q1 FY2027 10-Q filed September 11, 2026: cash flow, debt and the risk-factor language behind $28.5 billion of quarterly capex and negative free cash flow source
Progress toward fiscal 2027 total revenue of at least $90 billion and non-GAAP EPS of $8.10 source
Conversion of the $664 billion RPO into OCI revenue, and whether IaaS growth holds near the 121% reported in Q1 source
Capex run-rate after $28.5 billion in Q1 and negative $5 billion free cash flow, alongside the $20 billion ATM equity raise source

Growth drivers

'Customer demand for AI Cloud Training and Inferencing Services continues to grow faster than supply,' with more than $30 billion of new AI cloud contracts booked in Q1 source
New Oracle AI Data Platform that fully automates creation of Enterprise Ontologies, and a 100% Agentic AI Healthcare Management system for hospitals and clinics source
10-K: 'Oracle Cloud offerings, which have built-in AI capabilities, represent opportunities for us to continue to expand our business,' with OCI AI services designed to be embedded into customer applications source

Risks

Oracle's AI offerings may underperform competitors, fail to meet customer needs, or cost more than expected to develop and maintain source
Securing affordable data center capacity, managing long-term lease commitments and obtaining sufficient power present material risks to cloud profitability, and certain OCI offerings are concentrated among a number of large customers source
Single-source component dependencies, GPU shortages and power limitations threaten Oracle's ability to deliver cloud infrastructure and maintain margins source

The company's own risk factors: 10-K filed 2026-06-22, Item 1A.

Recent developments: SEC filings

Source: SEC EDGAR · refreshed every 15 min

8-KCurrent report · items 7.01,9.012026-10-28document folder
DEF 14AProxy statement2026-09-25document folder
8-KCurrent report · items 8.01,9.012026-09-14document folder
10-QQuarterly report2026-09-11document folder
8-KEarnings release · items 2.02,8.01,9.012026-09-10document folder
10-KAnnual report2026-06-22document folder
8-KEarnings release · items 2.02,8.01,9.012026-06-10document folder
8-KCurrent report · items 5.02,7.01,9.012026-05-12document folder
8-KCurrent report · items 5.02,7.01,9.012026-04-06document folder
10-QQuarterly report2026-03-11document folder
8-KEarnings release · items 2.02,8.01,9.012026-03-10document folder
8-KCurrent report · items 1.01,3.03,5.03,9.012026-02-05document folder

Insider trades

Form 4, last 6 filings

Insider	Transaction	Shares	Avg price	Filed
Smith Maria EVP, Chief Accounting Officer	Option exercise · acquired	8,926	—	2026-10-27
Smith Maria EVP, Chief Accounting Officer	Tax withholding · disposed	4,673	$125.54	2026-10-27
HENLEY JEFFREY Director, Vice Chairman	Option exercise · acquired	8,033	—	2026-10-27
HENLEY JEFFREY Director, Vice Chairman	Tax withholding · disposed	3,529	$125.54	2026-10-27
CATZ SAFRA Director, Chief Executive Officer	Option exercise · acquired	8,033	—	2026-10-27
CATZ SAFRA Director, Chief Executive Officer	Tax withholding · disposed	2,550	$125.54	2026-10-27
Levey Stuart EVP, Chief Legal Officer	Option exercise · acquired	12,497	—	2026-10-27
Levey Stuart EVP, Chief Legal Officer	Tax withholding · disposed	6,130	$125.54	2026-10-27

News

ORCL in plain answers

The questions readers ask about Oracle, answered from the company's own filings and this site's research. Each answer names its source.

What does Oracle (ORCL) supply to AI?+

Database and enterprise software, and a cloud infrastructure business. OCI has become a major provider of GPU capacity to AI model developers, alongside its database and applications business.

How much does AI matter to Oracle's business?+

AI exposure is rated significant on this site: A large and growing share of revenue or spending is AI-related. Reported by the company: Cloud Infrastructure (IaaS) revenue $7.4 billion, up 121% in USD and 120% in constant currency; total cloud revenue $11.6 billion, up 62%; total revenue $19.3 billion, up 30%. Booked more than $30 billion of additional AI cloud contracts in Q1, increasing remaining performance obligations to $664 billion, up $209 billion year over year.

Company filing or release

When is Oracle's next earnings date?+

Oracle has not announced its next earnings date. Its last earnings release was filed with the SEC on September 10, 2026 (Form 8-K, item 2.02); companies on this list usually announce the next date two to three weeks ahead.

Last earnings release on EDGAR

Are Oracle insiders buying or selling ORCL stock?+

In the latest Form 4 filings for ORCL there are 8 other transactions (grants, option exercises, tax withholding); the most recent was filed on October 27, 2026 by Levey Stuart. Every transaction links to the filing on SEC EDGAR below.

Most recent Form 4

What should investors watch for ORCL?+

The Q1 FY2027 10-Q filed September 11, 2026: cash flow, debt and the risk-factor language behind $28.5 billion of quarterly capex and negative free cash flow Progress toward fiscal 2027 total revenue of at least $90 billion and non-GAAP EPS of $8.10 Conversion of the $664 billion RPO into OCI revenue, and whether IaaS growth holds near the 121% reported in Q1

Source

What are the main risks for Oracle?+

Oracle's AI offerings may underperform competitors, fail to meet customer needs, or cost more than expected to develop and maintain Securing affordable data center capacity, managing long-term lease commitments and obtaining sufficient power present material risks to cloud profitability, and certain OCI offerings are concentrated among a number of large customers Single-source component dependencies, GPU shortages and power limitations threaten Oracle's ability to deliver cloud infrastructure and maintain margins

10-K filed 2026-06-22, Item 1A

Which AI category is ORCL in?+

Oracle is listed under Hyperscalers & Cloud and Software (primary: Hyperscalers & Cloud). Oracle Cloud Infrastructure rents large GPU clusters to AI labs.

Related companies in Hyperscalers & Cloud

Also tagged: Software

Original sources

Investor relations — earnings dates, releases, presentations
SEC EDGAR company page — every filing (CIK 0001341439)
Latest annual report (10-K) — filed 2026-06-22
TradingView symbol page — full chart and data

Research note — Fiscal year ends May 31; Q1 FY2027 ended August 31, 2026 and was reported September 10, 2026. No Q2 FY2027 earnings date announcement found on investor.oracle.com as of 2026-09-17. Oracle's investor-news listing page loads dynamically and could not be read; the release was reached via search-located URL on the company's own site.