4Q25 Revenue: $15.9B, +11.3% YoY, beat estimates by $310M
4Q25 Non-GAAP EPS: $1.70, beat estimates by $0.06
4Q25 Dividend: Oracle declares $0.50/share quarterly dividend, in line with previous; Forward yield 1.13%; Payable July 24; for shareholders of record July 10; ex-div July 10.
FY26 Guidance: Expect total revenue to be at least $67bn, representing a growth rate of 16.7% compared to a growth rate of approx. 15% previously; Expect cloud growth rate to increase from 24% in FY25 to over 40% in FY26; Expect RPO to grow more than 100% in FY26.
Comment: Oracle reported strong quarterly results and raised its revenue outlook for FY26, reflecting continued confidence in robust demand for its cloud offerings, particularly among enterprises adopting cloud-based AI solutions. Growth remains largely driven by Oracle Cloud Infrastructure (OCI) and its ability to support AI workloads. Management now anticipates OCI revenue to grow more than 70% in FY26, accelerating from 52% growth in the most recent quarter. They also remain optimistic about surpassing Oracle’s long-term revenue target of $104 billion by fiscal 2029. The company’s integration of generative AI capabilities across its cloud application suite—at no additional cost—has lowered adoption barriers and fostered broader experimentation among customers. Looking ahead, Chinese online retailer Temu is transitioning its infrastructure to Oracle Cloud, and the company recently secured an order from an undisclosed client for its entire available cloud capacity. These developments further underscore the strong and growing demand for Oracle’s cloud services. 1Q26recommended trading range: $175 to $200. Positive Outlook.
