Oracle Tops Q1 Estimates as Cloud Revenue Jumps 62% to $11.6 Billion

EarningsAnalyst Impact 4
โดย Zacks Investment Research·US·Read original
Summary · why it matters

Oracle beat Wall Street's revenue and earnings expectations for the first quarter of fiscal 2027, with total quarterly revenues rising 30% year over year to $19.3 billion and total cloud revenues climbing 62% to $11.6 billion. Within that cloud total, cloud infrastructure revenues more than doubled, up 121%, while cloud applications revenues grew 10%. Remaining performance obligations jumped by $209 billion year over year to $664 billion, and operating cash flow reached a record $23.1 billion, up 184%, even as free cash flow stayed negative amid a data center buildout that added 850 megawatts of new capacity in the quarter. Management guided full-year fiscal 2027 capital expenditures toward $90 billion to $95 billion, and the Zacks Consensus Estimate for fiscal 2027 earnings stands at $8.10, implying 6.16% year-over-year growth. Oracle shares have lost 27.9% year to date, underperforming the Zacks Computer and Technology sector's 17.4% gain, and the stock trades at a forward 12-month P/E of 15.8X versus the Zacks Computer - Software industry average of 23.16X; ORCL currently carries a Zacks Rank #3 (Hold).

Impact on stocks 4

Artificial Intelligence▲ · 3 stocks
Cloud & Digital Infrastructure▲ · 1 stocks
Oracle Corporation
ORCL
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Oracle beat Q1 revenue and earnings estimates with cloud revenue up 62% and record operating cash flow of $23.1B

Theme Impact 7

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