Oracle beats on top and bottom lines as cloud revenue surges

Tech Software & Services Written by: Angela Harmantas 16:22 Thu 10 Sep 2026 --> Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government. She earned a Bachelor of... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. Oracle Corp ( NYSE:ORCL XETRA:ORC ) View Price & Profile Oracle beats on top and bottom lines as cloud revenue surges Published: 16:22 10 Sep 2026 EDT Oracle Corp (NYSE:ORCL, XETRA:ORC) shares rose more than 6% in after-hours trading Thursday after the company posted better-than-expected first-quarter results, driven by surging demand for AI cloud infrastructure. The company reported first-quarter revenue of $19.3 billion, topping analyst estimates of $19.14 billion. Adjusted earnings per share came in at $1.92, well ahead of the $1.74 estimate. Cloud revenue reached $11.6 billion, also beating expectations of $11.44 billion. Oracle booked more than $30 billion in additional AI cloud contracts during the quarter, pushing its remaining performance obligations to $664 billion. The company added 850 megawatts of data center capacity in the quarter. For the full year, Oracle raised its revenue outlook to at least $90 billion, above the $89.76 billion estimate, and now expects adjusted earnings of $8.10 per share, versus a prior estimate of $8.07. The company forecast second-quarter revenue growth of 30% to 34%, with cloud revenue growth expected between 65% and 71% in U.S. dollar terms. Oracle said there is no incremental impact on its plans to raise capital. Continue reading