Oracle posts record Q4 and FY2026 revenues, cloud growth soars

Oracle (NYSE:ORCL) reported record fourth-quarter and full-year 2026 financial results, with broad-based growth across its Cloud Infrastructure and Cloud Applications businesses.

Total Q4 revenues rose 21% year-over-year to $19.2 billion, driven by strong demand for Oracle’s cloud technology and applications suites.

Cloud revenues, including both infrastructure-as-a-service (IaaS) and software-as-a-service (SaaS), climbed 47% to $9.9 billion, with Cloud Infrastructure (IaaS) up 93% to $5.8 billion and Cloud Applications (SaaS) increasing 10% to $4.1 billion.

Software revenues declined 2% to $6.8 billion, reflecting ongoing customer migration from on-premise systems to cloud offerings, while services and hardware revenues rose 13% and 9% to $1.5 billion and $0.9 billion, respectively.

Oracle’s operating performance also hit new highs.

GAAP operating income grew 20% to $6.1 billion, and non-GAAP operating income increased 22% to $8.6 billion.

GAAP net income available to common shareholders reached $4.2 billion, up 23%, with non-GAAP net income climbing 26% to $6.2 billion.

Earnings per share rose correspondingly, with GAAP EPS at $1.45, up 21%, and non-GAAP EPS at $2.111, up 24%.

For the full fiscal year 2026, Oracle reported total revenues of $67.4 billion, up 17% year-over-year, and total cloud revenues of $34 billion, representing a 39% increase.

Cloud Infrastructure revenue reached $18.1 billion, up 77%, and Cloud Applications revenue was $15.9 billion, up 11%.

Record remaining performance obligations rose by $85 billion in Q4 to $638 billion, highlighting strong future revenue visibility.