Oracle

Q4 FY2026 EarningsFY26 Q4 delivered in-line top and bottom-line results, characterized by a massive structural shift toward AI-driven infrastructure. Revenue of $67.4B was essentially in-line with consensus ($67.2B), while GAAP EPS of $5.83 slightly edged out the $5.81 expectation. The quarter's standout was the 77% YoY growth in Cloud Infrastructure (OCI) and an unprecedented surge in Remaining Performance Obligations (RPO) to $638B, signaling massive long-term AI demand. However, aggressive scaling led to a significant EBIT miss ($20.6B vs. $28.6B expected) and negative free cash flow of -$23.7B due to $55.7B in capital expenditures.