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PRNewswire·3 min read·medium

Oracle Announces Record Q4 and FY 2026 Results Driven by Cloud Infrastructure & Cloud Applications - PR Newswire

Oracle Announces Record Q4 and FY 2026 Results Driven by Cloud Infrastructure & Cloud Applications - PR Newswire
AI Summary

Oracle Corporation reported record financial results for Q4 and fiscal year 2026, driven by significant growth in its cloud infrastructure and application businesses. Total revenue for the year reached $67.4 billion, with cloud revenues increasing by 39% as customers continue to migrate from on-premise software.

Why it matters

Oracle's strong performance underscores the ongoing enterprise-wide shift toward cloud-based infrastructure and the competitive nature of the cloud computing market.

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AUSTIN, Texas , June 10, 2026 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL ) today announced another record quarter with strong revenue growth across its Cloud Infrastructure and Cloud Applications businesses. Total quarterly revenues increased 21% to $19.2 billion, reflecting broad-based demand for Oracle's industry-leading cloud technology and applications suites. Cloud revenues (IaaS + SaaS) increased 47% to $9.9 billion driven by 93% growth in Cloud Infrastructure (IaaS), and 10% growth in Cloud Applications (SaaS). Software revenues were down 2% to $6.8 billion, reflecting our customers' continuing migration from on-premise software to the Cloud. Services revenues were $1.5 billion, up 13%, and Hardware revenues were $0.9 billion, up 9%.

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The content is a standard corporate financial press release reporting factual earnings data.

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