Slide 1: Q1 Fiscal Year 2027 Earnings
Q1 Fiscal Year 2027 Earnings September 10, 2026 Copyright © 2026, Oracle and/or its affiliates.
Slide 2: Safe Harbor Statement
Safe Harbor Statement Statements in this presentation relating to Oracle’s future plans, expectations, beliefs, intentions and prospects including our fiscal year 2027 guidance, progress on our data center buildouts and planned infrastructure are “forward-looking statements” and are subject to mater
Slide 3: Non-GAAP Financial Measures
Non-GAAP Financial Measures To supplement our financial results presented on a GAAP basis, we use non-GAAP measures, which exclude certain business combination accounting entries and expenses related to acquisitions and other significant expenses including stock-based compensation, that we believe a
Slide 4: Q1 2027 Financial Highlights
Q1 2027 Financial Highlights1 $19.3B $8.2B $1.92 +30% USD and CD +31% USD and CD / 42% Op Margin +30% USD and CD Total Revenue Non-GAAP Op Income Non-GAAP EPS $7.4B $4.2B $664B +121% USD and +120% CD +10% USD and CD +$209B Y/Y and +$26B Q/Q Cloud Infra Revenue (IaaS) Cloud Apps Revenue (SaaS) Total
Slide 5: RPO Growth is Driving Infrastructure Revenue Growth Acceleration
RPO Growth is Driving Infrastructure Revenue Growth Acceleration $8B +121% +93% $6B +84% +68% $4B +55% +52% $2B $0B FY25 Q4 FY26 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY27 Q1 Infrastructure Revenue 1 – Growth rates are year-over-year growth. 5 Copyright © 2026, Oracle and/or its affiliates.
Slide 6: Infrastructure Revenue is Driving Total Revenue Growth Acceleration
Infrastructure Revenue is Driving Total Revenue Growth Acceleration $80B +22% $70B +17% +15% +11% $60B +10% +8% $50B FY25 Q4 FY26 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY27 Q1 TTM Total Revenue 1 – Growth rates are year-over-year growth. 6 Copyright © 2026, Oracle and/or its affiliates.
Slide 7: Total Revenue is Driving non-GAAP Operating Income Growth Acceleration
Total Revenue is Driving non-GAAP Operating Income Growth Acceleration $35B +21% $30B +16% +11% +8% +9% +8% $25B $20B FY25 Q4 FY26 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY27 Q1 TTM non-GAAP Operating Income 1 – Growth rates are year-over-year growth. 7 Copyright © 2026, Oracle and/or its affiliates.
Slide 8: Q1 2027 Balance Sheet and Cash Flow Highlights
Q1 2027 Balance Sheet and Cash Flow Highlights $23B $28B - $5B 1 Operating Cash Flow Total Capital Expenditures Free Cash Flow $18B Net Cash Outlay 2 $20B Completed in Q1 Net Capital Expenditures ATM Equity Issuance 1 – To supplement our statements of cash flows presented on a GAAP basis, we use non
Slide 9: Oracle Cloud Revenue Highlights
1 Oracle Cloud Revenue Highlights Q1 2027 Cloud Applications $4.2B +10% Fusion Back-Office $1.6B +14% NetSuite $1.1B +6% Industry (incl Oracle Health) $1.2B +12% Other $0.3B +2% Cloud Infrastructure $7.4B +121% Database $0.9B +26% of which Multi-Cloud DB +353% Infrastructure (CPU & GPU) $6.5B +151%
Slide 10: Infrastructure Highlights
Infrastructure Highlights • Majority of Q1 RPO growth via Pre-Pay or Bring-Your-Own-Hardware $664B RPO • Contractual margins maintaining and improving RPO +$209B Y/Y and +$26B Q/Q • Acceleration in customer diversification +850MW • Execution is on track and DC delivery accelerating • 97.9% AI Infras
Slide 11: Q2 FY27 Guidance
Q2 FY27 Guidance 30% – 34% 64% – 70% 65% – 71% USD and Constant Currency Constant Currency USD Total Revenue Cloud Revenue Cloud Revenue $1.83 – $1.91 $1.85 – $1.93 +19% - 23% +21% - 25% Constant Currency USD 2 2 Non-GAAP EPS Non-GAAP EPS 1 – Growth rates are year-over-year growth. 2 – Q2 FY26 resul
Slide 12: FY27 Guidance
FY27 Guidance $90B+ $8.10 1 +34% y/y in constant currency +18% y/y in constant currency Total Revenue Non-GAAP EPS 1 – FY 2026 non-GAAP EPS includes one-time net investment gains from certain transactions. Excluding these investment gains, FY 2026 non-GAAP EPS would be $6.83, and FY 2027 non-GAAP EP
Slide 13: Investor Day – October 28
Las Vegas | October 25-28 oracle.com/ai-world Investor Day – October 28
Slide 14: ORACLE
ORACLE
Slide 15: ORACLE
ORACLE