Story perspectives

Oracle Q1 FY2027 Revenue Jumps 30% to $19.35B

By Drooid · Sep 14, 2026, 10:43 PM UTC · How we work

Summary

Story summary

Oracle reported Q1 FY 2027 revenue of $19.35 billion, a 30% year-over-year increase.
Cloud revenue rose to $11.61 billion, up 62%, while infrastructure revenue jumped 121% to $7.39 billion.
Quarterly capital spending hit $28.50 billion, creating negative free cash flow of $5.4 billion.
Remaining performance obligations grew to $664 billion, including over $30 billion in new AI cloud contracts.
Oracle added 850 megawatts of data-center capacity, delivering 75% of the Abilene, Texas facility.

History

Historical Context

Oracle’s cloud platform, first made generally available on Oct 20 2016 as Bare Metal Cloud Services, was rebranded to Oracle Cloud Infrastructure in 2018 and expanded with AMD, Ampere and Arm processors through 2021. Partnerships such as Zoom in 2020 and Xerox in 2021 helped grow its footprint, now covering 44 regions worldwide as of July 2023.

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Story summary

Oracle reported Q1 FY 2027 revenue of $19.35 billion, a 30% year-over-year increase.
Cloud revenue rose to $11.61 billion, up 62%, while infrastructure revenue jumped 121% to $7.39 billion.
Quarterly capital spending hit $28.50 billion, creating negative free cash flow of $5.4 billion.
Remaining performance obligations grew to $664 billion, including over $30 billion in new AI cloud contracts.
Oracle added 850 megawatts of data-center capacity, delivering 75% of the Abilene, Texas facility.

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