Oracle (ORCL) Q4 2026 (USD): Adj. EPS 2.11 (exp. 1.95), Revenue 19.2bln (exp. 19.10bln)

• Software license revenue 1.88bln (exp. 1.93bln).
• Software revenue 6.82bln (exp. 6.88bln).
• Software support revenue 4.94bln (exp. 4.98bln).
• Adj. operating income 8.59bln (exp. 8.27bln).
• Adj. operating margin 45% (exp. 43.5%).
• Cloud revenue (IaaS + SaaS) 9.91bln (exp. 10.00bln).

Outlook

• In FY27 expects to raise ~USD 40bln through a combination of debt and equity financing.
• Doest not expect to issue additional debt in CY26.
• Raised FY27 adj. EPS view to 8.05 (exp. 8.01).
• Confirmed FY27 revenue view of 90bln.
• Q1 adj. EPS 1.72-1.76 (exp. 1.69).
• Q1 total revenue growth +27-29%.