Oracle (ORCL) Q1 earnings report 2027
Oracle reported strong fiscal first-quarter results for 2027, with revenue growing nearly 30% year-over-year driven by cloud infrastructure demand. Despite the growth, the company faces challenges regarding high debt levels and significant capital expenditures for data centers.
Why it matters
Oracle's performance is a key indicator of the ongoing enterprise AI and cloud infrastructure boom, reflecting the massive capital investment required to compete in the sector.
Oracle shares moved 4% higher in extended trading on Thursday after the software vendor issued stronger-than-expected quarterly results.
Here's how the company performed relative to LSEG consensus:
Oracle's revenue grew almost 30% year over year in the fiscal first quarter, which ended on Aug. 31, according to a statement . Net income of $4.68 billion, or $1.56 per share, was up from $2.93 billion, or $1.01 per share, a year ago. Adjusted earnings exclude stock-based compensation expense.
For the fiscal second quarter, Oracle called for $1.85 to $1.93 in adjusted earnings per share, with revenue growth between 30% and 34%. Analysts surveyed by LSEG were looking for $1.89 in adjusted earnings per share, with $21.20 billion in revenue, which would indicate 32% growth.
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