Oracle (NYSE: ORCL) is a publicly traded AI / GPU Cloud company founded in 1977 and based in Austin, United States.
United StatesNo dated funding rounds on file. This company is privately held and may be raising or operating on undisclosed capital.
Oracle reported Q1 fiscal 2027 (quarter ended August 31, 2026) total revenues of $19.3 billion, up 30% year over year in both USD and constant currency, versus $14.9 billion a year earlier. GAAP net income available to common shareholders was $4.7 billion ($1.56 diluted EPS, up 55%), and GAAP operating income was $6.7 billion (35% operating margin, up from 29%). Adjusted (non-GAAP) operating income was $8.2 billion and adjusted diluted EPS was $1.92. Cloud revenue rose 62% to $11.6 billion, with Cloud Infrastructure up 121% to $7.4 billion and Cloud Applications up 10% to $4.2 billion. Software revenue fell 3% to $5.5 billion, which the company attributes to customers migrating from on-premises software. Remaining performance obligations reached $664 billion, up $209 billion year over year, after more than $30 billion of new AI cloud contracts were booked in the quarter. Operating cash flow was $23.1 billion, while free cash flow was negative $5.4 billion as capital expenditures rose to $28.5 billion. Oracle completed $20 billion of common stock sales through an at-the-market program. Guidance for Q2 FY27 calls for total revenue growth of 30% to 34% and adjusted EPS of $1.85 to $1.93 in USD. Full-year FY27 revenue is now expected to be at least $90 billion, with non-GAAP EPS of $8.10. The board declared a $0.50 quarterly dividend payable October 23, 2026.
Q2 FY27 total revenue growth 30%–34% (USD and constant currency); Q2 non-GAAP EPS $1.85–$1.93 (USD); FY27 total revenue at least $90B and non-GAAP EPS $8.10
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Oracle Cloud Infrastructure is Oracle's IaaS and platform cloud for compute, storage, networking, and managed databases, with a strong focus on large-scale AI training and inference. It runs GPU superclusters, including the OCI Zettascale10 cluster that anchors the Stargate flagship campus in Abilene, Texas, built with OpenAI. Enterprises and AI labs use OCI for bare-metal performance, predictable pricing, and low-latency networking across multiple regions. Its differentiator is tight integration with Oracle Database, letting customers run mission-critical workloads on the same stack they use on-premises.
Oracle Database 26ai is the company's flagship relational database, extended with native AI capabilities such as vector search and AI agents that operate directly on enterprise data. It targets large enterprises running transactional and analytical workloads that need strict security, availability, and compliance. Developers can query business data with AI-driven features without moving it into a separate vector store. Oracle positions it as the largest commercial database and differentiates it through converged support for relational, JSON, graph, and vector data in one engine.
Oracle Fusion Cloud Applications is a suite of SaaS modules covering ERP, HCM, supply chain, and customer experience, delivered on a single data model. Large and mid-size organizations use it to replace fragmented legacy systems with one cloud platform updated on a quarterly cadence. Oracle embeds AI agents across finance, HR, and procurement workflows to automate routine tasks. Its differentiator is breadth: one suite spans back office and front office, with industry-specific extensions for dozens of verticals.
NetSuite is Oracle's cloud ERP and business management suite for small and mid-sized businesses, combining accounting, inventory, CRM, and e-commerce in one multi-tenant system. Growing companies, subsidiaries, and distributors use it to consolidate operations and gain real-time financial visibility across locations. It is delivered as a fully hosted SaaS product with automatic upgrades. Its differentiator is that it has been a cloud-only business system since 1998, giving it a long track record for mid-market companies.
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