Oracle Skyrockets Backed By AI Fuelled Cloud Revenue

Registering its biggest single day gain since December 1992, Oracle Corporation climbed 35.95% to add nearly $250 billion to its market cap.

Oracle Corporation (NYSE: ORCL) is strengthening its position in cloud and AI with Oracle Cloud Infrastructure (OCI which is a complete distributed cloud platform designed to run any workload faster with more securely, and at a  lower cost. Customers in the financial services, healthcare, government, and telecom industries can satisfy stringent sovereignty and performance requirements with deployment options like OCI Dedicated Region, Oracle Alloy, Compute Cloud@Customer, and Roving Edge Infrastructure. Oracle's high-performance AI infrastructure allows for frontier model training, inference, and real-time innovation at scale, while its multicloud services with AWS, Azure, and Google Cloud further increase its flexibility.

At the Oracle Health and Life Sciences Summit in Orlando, Oracle has established the Oracle AI Centre of Excellence for Healthcare to assist hospitals and health systems in optimizing the benefits of AI in clinical, operational, and financial workflows. The Centre offers best practices, advice on regulatory compliance, including HIPAA and data privacy, and a safe space for AI experimentation. It offers frameworks, implementation guides, and specialized support to hasten the adoption of AI, supported by Oracle experts and industry partners. Oracle seeks to enhance its patient care, expedite processes, and enable more in-depth research and business outcomes in the healthcare industry through promoting cooperation, innovation, and change management.

The Company has presented a impressive fiscal 2026 Q1 results that is  demonstrating a notable growth in both cloud and backlog. Strong demand and multi-year contract wins were highlighted by the total remaining performance obligations, which were increased by 359% year over year to $455 billion. Software revenues were decreased 1% to $5.7 billion, while cloud revenue were increased 28% to $7.2 billion, driving a 12% increase in quarterly revenue in USD to $14.9 billion. The Company Non-GAAP operating income were  increased by  9% to $6.2 billion, while its GAAP operating income was $4.3 billion. Non-GAAP net income increased by  8% to $4.3 billion, while GAAP net income was $2.9 billion.  According to the Oracle CEO Safra Catz, the RPO backlog  has increased by  359% to $455 billion in Q1 due to four multibillion-dollar contracts, and it is expected to soon surpass half a trillion dollars. Oracle plans to update its forecast for cloud growth which is estimating OCI revenue to reach $144 billion in five years and $18 billion in this fiscal year. A quarterly dividend of $0.50 per share, payable on October 23, 2025, was declared by the board. In FY26, Oracle is off to a record start, showing solid expansion and hope for the future. All things considered, Oracle continues to demonstrate great momentum with record RPO backlogs, booming cloud growth, and robust multi-year revenue forecasts.

(Source: Company Announcement)