BriefIQ Markets · 8-K

Q1 FY2027 results reset growth expectations as AI demand drives 62% cloud growth and $664 billion of remaining performance obligations

SEC filed 10-Sep-2026 BriefIQ published 10-Sep-2026 20:26

Key Facts

Cloud revenues reached $11.6 billion, driven by 121% growth in Cloud Infrastructure revenue to $7.4 billion.
Record Q1 operating cash flow was $23 billion, while free cash flow was negative $5 billion as Oracle continued investing in Cloud Infrastructure.
Oracle booked more than $30 billion of additional AI cloud contracts in Q1, increasing RPO to $664 billion; it also delivered more than 300,000 GPUs since Q4.
Oracle completed the sale of $20 billion of common stock before commissions through its ATM equity program during Q1 FY2027.
Oracle declared a quarterly common-stock cash dividend of $0.50 per share, payable October 23, 2026 to holders of record October 9, 2026.

Oracle booked more than $30 billion of additional AI cloud contracts in Q1, increasing remaining performance obligations to $664 billion, and said it had delivered more than 300,000 GPUs to AI cloud customers since the end of Q4.
Oracle completed the sale of $20 billion of common stock before commissions through an at-the-market equity program during Q1 fiscal 2027 as part of its previously disclosed capital investment program.
Oracle provided Q2 fiscal 2027 guidance for total revenue growth of 30% to 34% and total cloud revenue growth of 64% to 70% in constant currency; it also expects fiscal 2027 total revenue of at least $90 billion and non-GAAP EPS of $8.10.

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