Reference market
Open- Regular hours
- 09:30 AM – 04:00 PM EST
- Next holiday
- Nov 26, 2026 · Thanksgiving Day
Equity
Oracle Corporation (ORCL) perpetual futures
ORCL perpetual futures on 25 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade ORCLUSDT.
Oracle provides enterprise IT solutions, including cloud SaaS applications, infrastructure technologies like Oracle Database, and hardware products.
$124.38-1.7%NYSE open
Price chart
Interactive TradingView chart
TradingView symbol NYSE:ORCL
Loads TradingView's third-party widget (about 1 MB) on demand.
Auto: underlying reference priceOpen in TradingView
Trading data
Perpetual market activity
25/25 live markets
Trading data
Perpetual market activity
Venues
25
Live markets
25/25
24h volume
$118.1MCoverage: 23/25 marketsExchange-reported volume: $137.5M
Open interest
$37.3MCoverage: 20/25 markets
Best liquidity
$5.1M
BingX
Tightest spread
+0.8 bps
Ourbit
Highest volume
$58.4M
Deepcoin
Settlement mix
USDT · 17/25
Perp/spot vol.
1.1x
Spot volume $105.2M
OI / float
+0.02%
Float $231.4B
Spot performance
1D-0.44%
5D+5.86%
1M-11.63%
6M-33.31%
YTD-35.07%
1Y-41.83%
Venue matrix
25 markets
Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.
| Trade | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 Binance | Trade | ORCL/USDT | Trading | $124.30 | 0.0% APR 0.000% every 8h | +0.8 bps | - | $30.9M | $12.8M | USDT | - | |
 OKX | Trade | ORCL/USDT | Trading | $124.34 | 0.0% APR 0.000% every 8h | +2.4 bps | $1.4M | $6.8M | $3M | USDT | 20x | |
 Hyperliquid HIP-3 | Trade | xyz:ORCL | Trading | $124.14 | +10.0% APR +0.00115% every 1h | +3.2 bps | - | $6.8M | $10.3M | USDC | 10x | |
 Ondo Perps | Trade | ORCL/USD | Trading | $124.28 | - | +1.6 bps | $780.1K | $3M | $970.2K | USDC | 10x | |
 Gate.io | Trade | ORCL/USDT | Trading | $124.35 | 0.0% APR 0.000% every 8h | +12.1 bps | $228.3K | $2.3M | $623.5K | USDT | 50x | |
 Bybit | Trade | ORCL/USDT | Trading | $124.24 | 0.0% APR 0.000% every 8h | +5.6 bps | $752K | $2.1M | $2.6M | USDT | 50x | |
 Bitget | Trade | ORCL/USDT | Trading | $124.31 | 0.0% APR 0.000% every 8h | +5.6 bps | $3M | $1.6M | $2.8M | USDT | 20x | |
 KuCoin | Trade | ORCL/USDT | Trading | $124.31 | 0.0% APR 0.000% every 8h | +10.5 bps | $4K | $1.1M | $241.9K | USDT | 20x | |
 MEXC | Trade | ORCL/USDT | Trading | $124.29 | 0.0% APR 0.000% every 8h | +9.7 bps | $1.5M14 min | $925.2K | $2.5M | USDT | 100x | |
 Deribit | Trade | ORCL/USDC | Trading | $124.19 | +11.8% APR +0.011% every 8h | +6.5 bps | $663.7K | $739K | $166.8K | USDC | 10x | |
 Extended | Trade | ORCL/USD | Trading | $124.18 | 0.0% APR 0.000% every 1h | +8.0 bps | - | $327.2K | $150.2K | USD | 10x | |
 GRVT | Trade | ORCL/USDT | Trading | $124.38 | 0.0% APR 0.000% every 8h | +5.6 bps | $429.7K | $261.6K | $3.1K | USDT | - | |
 Bitunix | Trade | ORCL/USDT | Trading | $124.33 | +0.2% APR +0.00014% every 8h | +6.4 bps | $3.5M | $252.3K | $33.4K | USDT | 50x | |
 Crypto.com Exchange | Trade | ORCL/USD | Trading | $124.02 | -51.5% APR -0.00588% every 1h | +3.2 bps | $12.2K | $172.4K | $141.9K | USD | 50x | |
 Aster | Trade | ORCLUSDT | Trading | $124.21 | 0.0% APR 0.000% every 8h | +6.4 bps | $185.5K | $150.2K | $423.6K | USDT | - | |
 Vest | Trade | ORCL/USDC | Trading | $123.98 | -6.1% APR -0.00070% every 1h | +17.8 bps | - | $141.5K | - | USDC | 25x | |
 Orderly Network | Trade | ORCL/USDC | Trading | $124.19 | +11.0% APR +0.010% every 8h | - | no public depth feed | $113.8K | $528.1 | USDC | - | |
 BloFin | Trade | ORCL/USDT | Trading | $124.33 | 0.0% APR 0.000% every 8h | +2.4 bps | $2M | $99.1K | $276.3K | USDT | 20x | |
 XT.com | Trade | ORCL/USDT | Trading | $124.29 | +13.4% APR +0.012% every 8h | +2.4 bps | $144.5K | $69.1K | - | USDT | 15x | |
 Helix (Injective) | Trade | ORCL/USDC | Trading | $124.14 | +24.1% APR +0.00275% every 1h | - | no public depth feed | $39K | - | USDC | 12x | |
 HTX | Trade | ORCL/USDT | Trading | $124.16 | 0.0% APR 0.000% every 8h | +47.5 bps | $499.5K | $23.2K | $59.4K | USDT | - | |
 Deepcoin | Trade | ORCL/USDT | Trading | $124.30 | - | +0.8 bps | $2.9M | $58.4M | - | USDT | 25x | |
 BingX | Trade | ORCL-USDT | Trading | $124.38 | +5.5% APR +0.00500% every 8h | +4.8 bps | $5.1M | $1.7M | - | USDT | - | |
 Ourbit | Trade | ORCL/USDT | Trading | $124.30 | 0.0% APR 0.000% every 8h | +0.8 bps | $1.5M | $14.3M⚠ | $169.8K | USDT | 100x | |
 LBank | Trade | ORCL/USDT | Trading | $124.32 | 0.0% APR 0.000% every 8h | +1.6 bps | $3.9M | $5.1M⚠ | $189.7K | USDT | 50x |
Unverified volume: implausibly high against open interest, a typical sign of wash trading. These venues are listed last.
Tokenized wrappers of the real stock, tradable on-chain and on crypto exchanges around the clock. Premium/discount compares the token price to our stock reference price. Data: CoinMarketCap · Robinhood · DexScreener · GeckoTerminal.
| Product | Price | Premium vs stock | 24h Vol. | Market Cap | Chains |
|---|---|---|---|---|---|
| ORCLBbStocks | $123.45 | -0.75% | $6.7M | $7.5M | BNB Smart Chain (BEP20) |
| ORCLonOndo GM | $124.76 | +0.30% | $1.1M | $3.9M | Ethereum · BNB Smart Chain (BEP20) · Solana · HyperEVM |
| ORCLXxStocks | $128.91 | +3.64% | $235k | $4.8M | Solana · Arbitrum · BNB Smart Chain (BEP20) · TON |
| rORCLTokenized | $124.20 | -0.15% | $37k | $921k | Arbitrum |
| ORCLRobinhood | $123.88 | -0.87% | $29k | $470k | Robinhood Chain |
| WORCLXxStocks | $125.99 | +1.30% | – | $31k | X Layer · Arbitrum |
| Exchange | Pair | Price | 24h Vol. | Liquidity |
|---|---|---|---|---|
 uniswapDEX · robinhood | ORCL/USDG ↗ | $123.88 | $29k | $123k |
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100k
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100kBroad liquidity · 18 of 25 venues absorb $10k · Typical cost: +7.3 bps – +10.9 bps
Too thin: Crypto.com Exchange, KuCoin
No fresh book data: Hyperliquid HIP-3, Extended, Vest, Orderly Network, Helix (Injective)
Taker execution estimate incl. approx. fees - maker fills are not guaranteed.
Best venues for this underlying
Best liquidity
ORCLTightest spread
ORCLHighest volume
ORCLFunding history
Stored venue snapshots by market
Funding history
Stored venue snapshots by marketNext catalyst
Catalysts
Next catalyst
Catalysts
Earnings
2026-12-14
Revenue est. $21.3B · Updated 4m ago
Dividend
$0.50
2026-10-09
No unusual perp activity right now.
Reference data
Market context
Reference data
Market context
New York Stock Exchange
Extended-hours reference
Bid123.2
Ask124.2
Volume7,990,375
Research data
Analysts, filings and peer context
Research data
Analysts, filings and peer context
Estimates
6DateEPS estimateRevenue estimateGrowthAnalysts
FY 20278.15$90.5B+34%25
FY 202811.10$131.4B+45%24
FY 202915.77$181.2B+38%13
FY 203020.29$219B+21%5
FY 203127.06$264B+21%6
Q3 20283.39$40.7B+137%17
Source: FMP · Consensus
Company events
62026-12-14EarningsActual - / Estimate 1.88-
2026-10-09Dividend$0.5-
2026-09-10Earnings · After market closeActual 1.92 / Estimate 1.74Beat
2026-07-10Dividend$0.5-
2026-06-10EarningsActual 2.11 / Estimate 1.96Beat
2026-04-09Dividend$0.5-
Peer comparison
Similar listed perpsRevenue mix
Latest annualAmericasGeographic$36.3B
E M E AGeographic$14B
Asia PacificGeographic$7B
Analysts
Price targets in USD| Consensus rating | Buy |
|---|---|
| Average 12-month price target | $229.20 |
| 12-month target range (low – high) | $95 – $325 |
| Ratings in the provider's consensus | 87 |
Price targets as of 2026-11-12
Analyst rating history
Ratings| Month | Strong buy | Buy | Hold | Sell | Strong sell |
|---|---|---|---|---|---|
| Nov 2026 | 7 | 29 | 7 | 1 | 0 |
| Oct 2026 | 8 | 28 | 7 | 1 | 0 |
| Sep 2026 | 8 | 28 | 7 | 1 | 0 |
| Aug 2026 | 8 | 29 | 7 | 1 | 0 |
| Jul 2026 | 8 | 29 | 6 | 1 | 0 |
| Jun 2026 | 8 | 30 | 6 | 1 | 0 |
| May 2026 | 7 | 30 | 8 | 1 | 0 |
| Apr 2026 | 7 | 28 | 9 | 1 | 0 |
| Mar 2026 | 7 | 28 | 10 | 1 | 0 |
| Feb 2026 | 6 | 27 | 10 | 2 | 0 |
| Jan 2026 | 6 | 26 | 11 | 2 | 0 |
| Dec 2025 | 6 | 25 | 11 | 3 | 0 |
Ownership
Institutional · 2026-Q3Free float61.5%1.9B shares
Shares outstanding3B shares
Institutional20.4%2,743 investors
Investor count change-1,009
Reference market activity
ORCL-PERPDay range (Nov 13)$126.56$128
52 week$109.21$250.25
Spot volume845.9K
Average volume-
Price performance
111D-0.4%
5D+5.9%
1M-11.6%
3M-19.0%
6M-33.3%
YTD-35.1%
1Y-41.8%
3Y+10.9%
5Y+34.6%
10Y+222.0%
MAX+199,906.3%
Insider activity
FY2026 Q3Acquisitions19 transactions618,407 shares
Dispositions37 transactions891,306 shares
Purchases1Ratio 0.51
Sales3
Insider transactions
25DateReporting persontransactionssharesPriceFilings
Oracle officer Smith Maria exercised 8,926 restricted stock units into common shares, then had 4,673 shares withheld for taxes at $125.54, leaving 68,610 shares owned.
Oracle director Jeffrey Henley exercised 8,033 restricted stock units into 8,033 common shares, then 3,529 shares were withheld for taxes at $125.54; he holds 497,646 shares.
Oracle CEO Safra Catz exercised 8,033 restricted stock units into common shares and had 2,550 shares withheld for taxes at $125.54. She then held 1,124,075 shares.
Oracle officer Levey Stuart received a 479-share restricted stock unit award and converted 12,497 RSUs into 12,497 common shares. He also had 6,130 common shares withheld for taxes at $125.54.
Oracle CEO Sicilia Michael D. received 446,197 restricted stock units as an award on Oct 15, 2026, a Form 4 filing shows. That was the only transaction reported.
Oracle officer Smith Maria was awarded 66,930 restricted stock units on 2026-10-15 at $0.00 under code A, leaving her with 66,930 RSUs.
Oracle CFO Maxson Hilary B was awarded 89,240 restricted stock units on 2026-10-15 at $0.00, a compensation grant rather than a purchase, bringing holdings to 89,240 units.
Oracle CEO Magouyrk Clayton M. received an award of 446,197 restricted stock units on 2026-10-15, bringing his holdings to 446,197 RSUs. This is a grant, not a purchase.
Oracle officer Levey Stuart was awarded 104,113 restricted stock units on 2026-10-15 at $0.00 per unit, bringing his holdings to 104,113 RSUs. A grant is compensation, not a purchase.
Oracle officer Mark Hura received an award of 237,972 restricted stock units on Oct 15, 2026, disclosed in a Form 4 filed Oct 19, 2026.
Oracle director and Vice Chairman Jeffrey Henley received a 66,930-share restricted stock unit award on Oct 15, 2026, as reported in a Form 4 filed Oct 19.
Oracle director and Executive Chairman Lawrence Ellison received a grant of 223,099 restricted stock units on Oct 15, 2026, at $0.00 per unit. This is a compensation award, not an open-market purchase.
Oracle CEO Safra Catz was awarded 66,930 restricted stock units on 2026-10-15 (A-Award, $0.00 price), bringing her holdings to 66,930 RSUs.
Director Stephen H. Rusckowski bought 25,000 shares of Oracle common stock at $139.352 per share, bringing his holdings to 25,390 shares.
Oracle officer Smith Maria reported two exempt option exercises (M) totaling 17,440 common shares at $0.00, leaving 70,587 and 76,093 shares owned after each on Sept 19–20, 2026.
Filings
70 · Latest SEC filings2026-10-274Insider transaction report (Form 4)
Oracle CEO Safra Catz exercised 8,033 restricted stock units into common shares and had 2,550 shares withheld for taxes at $125.54. She then held 1,124,075 shares.
2026-10-274Insider transaction report (Form 4)
Oracle officer Levey Stuart received a 479-share restricted stock unit award and converted 12,497 RSUs into 12,497 common shares. He also had 6,130 common shares withheld for taxes at $125.54.
2026-10-274Insider transaction report (Form 4)
Oracle officer Smith Maria exercised 8,926 restricted stock units into common shares, then had 4,673 shares withheld for taxes at $125.54, leaving 68,610 shares owned.
2026-10-274Insider transaction report (Form 4)
Oracle director Jeffrey Henley exercised 8,033 restricted stock units into 8,033 common shares, then 3,529 shares were withheld for taxes at $125.54; he holds 497,646 shares.
2026-10-194Insider transaction report (Form 4)
Oracle officer Levey Stuart was awarded 104,113 restricted stock units on 2026-10-15 at $0.00 per unit, bringing his holdings to 104,113 RSUs. A grant is compensation, not a purchase.
2026-10-194Insider transaction report (Form 4)
Oracle CEO Sicilia Michael D. received 446,197 restricted stock units as an award on Oct 15, 2026, a Form 4 filing shows. That was the only transaction reported.
2026-10-194Insider transaction report (Form 4)
Oracle officer Smith Maria was awarded 66,930 restricted stock units on 2026-10-15 at $0.00 under code A, leaving her with 66,930 RSUs.
2026-10-194Insider transaction report (Form 4)
Oracle CFO Maxson Hilary B was awarded 89,240 restricted stock units on 2026-10-15 at $0.00, a compensation grant rather than a purchase, bringing holdings to 89,240 units.
2026-10-194Insider transaction report (Form 4)
Oracle officer Mark Hura received an award of 237,972 restricted stock units on Oct 15, 2026, disclosed in a Form 4 filed Oct 19, 2026.
2026-10-194Insider transaction report (Form 4)
Oracle director and Vice Chairman Jeffrey Henley received a 66,930-share restricted stock unit award on Oct 15, 2026, as reported in a Form 4 filed Oct 19.
2026-10-194Insider transaction report (Form 4)
Oracle director and Executive Chairman Lawrence Ellison received a grant of 223,099 restricted stock units on Oct 15, 2026, at $0.00 per unit. This is a compensation award, not an open-market purchase.
2026-10-194Insider transaction report (Form 4)
Oracle CEO Safra Catz was awarded 66,930 restricted stock units on 2026-10-15 (A-Award, $0.00 price), bringing her holdings to 66,930 RSUs.
2026-10-194Insider transaction report (Form 4)
Oracle CEO Magouyrk Clayton M. received an award of 446,197 restricted stock units on 2026-10-15, bringing his holdings to 446,197 RSUs. This is a grant, not a purchase.
2026-10-014Insider transaction report (Form 4)
Director Stephen H. Rusckowski bought 25,000 shares of Oracle common stock at $139.352 per share, bringing his holdings to 25,390 shares.
2026-09-234Insider transaction report (Form 4)
Oracle officer Levey Stuart exercised 20,885 restricted stock units into common stock on Sep 19, 2026, then had 10,245 shares withheld for taxes at $147.61 on Sep 21.
2026-09-234Insider transaction report (Form 4)
Oracle CEO Sicilia Michael D. converted 109,213 RSUs into Common Stock (M-Exempt), had 52,806 shares withheld for tax at $147.61 (F-InKind), and sold 22,562 shares at $151.59 (S-Sale).
2026-09-234Insider transaction report (Form 4)
Oracle officer Hura Mark exercised 67,110 restricted stock units into common stock and had 29,261 shares withheld for tax at $147.61.
2026-09-234Insider transaction report (Form 4)
Oracle director and Vice Chairman Jeffrey Henley converted 46,461 restricted stock units into 46,461 common shares and had 20,346 shares withheld for taxes at $147.61, leaving 493,142 shares owned.
2026-09-234Insider transaction report (Form 4)
Oracle officer Smith Maria reported two exempt option exercises (M) totaling 17,440 common shares at $0.00, leaving 70,587 and 76,093 shares owned after each on Sept 19–20, 2026.
2026-09-234Insider transaction report (Form 4)
Oracle CEO Clayton Magouyrk exercised 129,862 restricted stock units into common shares (2 M-Exempt legs) and had 51,102 shares withheld for tax at $147.61 under code F.
2026-09-174Insider transaction report (Form 4)
Oracle officer Stuart Levey exercised 26,337 restricted stock units into 26,337 common shares, then disposed of 11,883 shares at $144.79 for tax withholding (F-InKind); he held 17,883 shares after.
2026-09-174Insider transaction report (Form 4)
Oracle director Jeffrey Henley exercised 19,752 restricted stock units into 19,752 common shares, then 8,635 shares were withheld for tax at $144.79, leaving 467,027 shares owned.
2026-09-174Insider transaction report (Form 4)
Oracle CEO Michael D. Sicilia exercised 52,673 restricted stock units into common shares, then 25,468 shares were withheld for taxes at $144.79 and 10,882 shares were sold at $139.94.
2026-09-174Insider transaction report (Form 4)
Oracle CEO Magouyrk exercised 61,452 restricted stock units into common stock on Sep 15, 2026, and 24,182 shares were withheld for taxes at $144.79, leaving 171,388 shares owned.
2026-09-174Insider transaction report (Form 4)
Oracle officer Mark Hura exercised 28,531 restricted stock units into 28,531 common shares, then 12,440 shares were withheld for taxes at $144.79. He held 250,168 shares after.
2026-09-174Insider transaction report (Form 4)
Oracle officer Maria Smith (EVP, Chief Accounting Officer) converted 13,168 restricted stock units into 13,168 common shares, then had 6,874 shares withheld for taxes at $144.79.
2026-07-284Insider transaction report (Form 4)
Oracle EVP & Chief Legal Officer Stuart Levey was granted 523 Restricted Stock Units on 2026-07-24, a compensation award (not a purchase). He now owns 160,365 shares directly.
2026-06-264Insider transaction report (Form 4)
Oracle director Jeffrey Henley exercised options on 400,000 common shares at $40.93, then sold 400,000 shares in 11 open-market sales at $156.06-$165.57.
2026-06-024Insider transaction report (Form 4)
Director Jeffrey Berg converted 2,114 RSUs into 2,114 common shares, and separately received a new award of 1,550 RSUs.
2026-06-024Insider transaction report (Form 4)
Oracle director Bruce R. Chizen converted 2,114 restricted stock units into 2,114 common shares and received a grant of 1,550 restricted stock units. After the transactions he held 71,056 common shares.
2026-06-024Insider transaction report (Form 4)
Ablo Awo converted 2,114 RSUs into 2,114 common shares, had 80 shares withheld for taxes at $225.78, and was awarded 1,550 new RSUs.
2026-06-024Insider transaction report (Form 4)
Director Michael J. Boskin converted 2,114 RSUs into 2,114 common shares and separately received a grant of 1,550 restricted stock units as compensation.
2026-06-024Insider transaction report (Form 4)
Oracle director Stephen H. Rusckowski was granted 1,550 Restricted Stock Units on 2026-05-31, bringing his holdings to 1,550 shares. This was a compensation award, not an open-market purchase.
2026-06-024Insider transaction report (Form 4)
Director Charles W. Moorman converted 2,114 RSUs into 2,114 common shares and received a new award of 1,550 RSUs; no shares were purchased on the open market.
2026-06-024Insider transaction report (Form 4)
Oracle director Tomislav Mihaljevic was awarded 1,550 Restricted Stock Units on 2026-05-31, a compensation grant rather than a market purchase. He now owns 1,550 shares directly.
2026-06-024Insider transaction report (Form 4)
Director Rona Alison Fairhead converted 2,114 RSUs into 2,114 common shares, had 58 shares withheld for taxes at $225.78, and received a new grant of 1,550 RSUs.
2026-05-143Initial insider ownership statement (Form 3)
Tomislav Mihaljevic, a director at Oracle, filed an initial ownership statement (Form 3) reporting no shares of common stock held as of 2026-05-06.
2026-05-074Insider transaction report (Form 4)
Oracle CFO Hilary B. Maxson was granted 224,441 stock options (exercise price $185.35) and 56,111 restricted stock units as compensation on 2026-05-05.
2026-04-284Insider transaction report (Form 4)
Stuart Levey, EVP and Chief Legal Officer of Oracle, was awarded 346 restricted stock units on 2026-04-24 as compensation, not an open-market purchase. He now owns 159,841 shares.
2026-04-204Insider transaction report (Form 4)
Stuart Levey, EVP & Chief Legal Officer, sold 15,000 shares of Oracle common stock at $176.19 per share on 2026-04-16, leaving 3,429 shares owned afterward.
2026-04-174Insider transaction report (Form 4)
On 2026-04-16, Jeffrey Henley reported a Code J (Other) transfer of 745,000 Oracle common shares between two holdings; no purchase or sale price was involved.
2026-04-143Initial insider ownership statement (Form 3)
This Form 3 initial ownership filing by officer Hilary B. Maxson at Oracle reports no shares of common stock beneficially owned as of 2026-04-06.
2026-04-014Insider transaction report (Form 4)
On 2026-03-30, Jeffrey Henley transferred 128,304 Oracle common shares via a J-Other transaction, then gifted 16,810 shares, leaving 0 shares in that holding afterward.
2026-02-114Insider transaction report (Form 4)
CEO Clayton M. Magouyrk sold 10,000 Oracle common shares on Feb 9 at $155.23, reducing his holdings to 134,030.
Transcripts
Earnings callsFY2027 Q12026-09-10
Earnings calls
AI summary
positiveOracle reported Q1 FY2027 total revenue of a record $19.3 billion, up 30% year over year in US dollars, with Q1 total revenue growing sequentially for the first time. Cloud infrastructure revenue was $7.4 billion, up 121%, while cloud apps rose 10% with Fusion up 14% and industry applications growing over 20%. Non-GAAP operating income rose 31% to $8.2 billion, non-GAAP operating margin was about flat at 42%, and non-GAAP EPS rose 30% to $1.92. RPO increased $26 billion from Q4, with most new contracts via prepay or bring-your-own-hardware mechanics not requiring incremental Oracle capital; roughly half of RPO is expected to convert to sales over the next 36 months. Q1 cash flow from operations was a record $23 billion, CapEx was $28 billion, and free cash flow was negative $5 billion. Management guided Q2 FY2027 total revenue growth of 30%-34%, cloud revenue growth of 65%-71%, and non-GAAP EPS of $1.85-$1.93, and raised full-year guidance to at least $90 billion in total revenue and $8.10 in non-GAAP EPS.
Key takeaways
- Total revenue was a record $19.3 billion, up 30% year over year, with Q1 total revenue growing sequentially for the first time.
- Cloud infrastructure revenue rose 121% to $7.4 billion after Q4 growth of 93%, with acceleration expected to continue in the remainder of fiscal 27 as RPO converts to revenue.
- Non-GAAP operating income grew 31% to $8.2 billion and non-GAAP EPS rose 30% to $1.92; non-GAAP operating margin was about flat at 42% as lower gross margin from data center ramp was offset by operating leverage.
- RPO increased $26 billion from Q4, mostly via prepay or bring-your-own-hardware mechanics; new RPO will not impact CapEx or revenue until fiscal 28 or beyond.
- Oracle delivered 850 megawatts of AI capacity since the end of Q4, nearly 3x Q4 delivery and 73% of total capacity delivered last fiscal year; GPU utilization was 97.9% and renewed/resold GPUs carried a 20% premium.
Financial highlights
- Total revenue: record $19.3 billion, up 30% year over year in US dollars; first time Q1 total revenue grew sequentially.
- Cloud infrastructure revenue: $7.4 billion, up 121%; cloud apps up 10%, Fusion up 14%, industry applications up greater than 20%.
- Non-GAAP operating income: $8.2 billion, up 31%; non-GAAP operating margin about flat at 42%; non-GAAP EPS: $1.92, up 30%.
- RPO increased $26 billion from Q4; Q1 cash flow from operations was a record $23 billion, CapEx was $28 billion, net cash CapEx was $18 billion, and free cash flow was negative $5 billion.
Guidance
- Q2 FY2027: total revenue growth of 30%-34% in US dollars and cloud revenue growth of 65%-71% in US dollars.
- Q2 FY2027: non-GAAP EPS of $1.85-$1.93, up 21%-25% in US dollars, excluding gains from Ampere booked in Q2 of last year.
- Full year FY2027: raised to at least $90 billion in total revenue, a year-over-year increase of 34%, and $8.10 in non-GAAP EPS.
- Full year CapEx anticipated at $90 billion-$95 billion with not more than $70 billion in net cash CapEx; CapEx will not be linear throughout the year.
Q&A themes
- CapEx and funding models: management discussed separating Oracle's direct CapEx from business growth, citing supplier relationships, bring-your-own-hardware, customer prepayments, and other funding mechanisms; free cash flow timing was not specified.
- Data center delivery: New Mexico and Wisconsin sites were addressed, with data center construction described as on track and neither site expected to impact previously stated FY2027 revenue or earnings guidance.
- GPU pricing and gross margins: management said pricing rises when demand exceeds supply, does not expect component cost increases to impact gross margins, and reiterated prior gross margin guidance.
- SaaS and AI data platform: management highlighted differentiated end-to-end suites, embedded AI, Fusion Agentic AI Studio, AI-assisted go-lives compressing deployment times, and the AI data platform as agnostic and driving consumption across Oracle database, OCI, and applications.
Risks
- Gross margin declined as expected due to ramping data centers and accelerating infrastructure revenue mix; management said gross margin could flatten after the ramp-up but gave no specific guidance.
- CapEx is significant: $28 billion in Q1 with $90 billion-$95 billion expected for the full year, producing negative free cash flow of $5 billion in the quarter, and no time frame was given for a return to positive free cash flow.
- Large data center projects such as New Mexico and Wisconsin involve regulatory and construction processes, though management said neither is expected to affect FY2027 revenue or earnings guidance.
FY2026 Q42026-06-10
Earnings calls
AI summary
positiveOracle achieved record Q4 results with total revenue of $19.2 billion, up 21% YoY, powered by exceptional cloud infrastructure growth of 93% and cloud applications growth of 10%. The company reported non-GAAP EPS of $2.11 (up 24%) and full-year FY2026 revenue surpassing $67 billion for the first time. Record RPO of $638 billion reflects strong committed customer demand, with $67 billion in new AI infrastructure contracts signed in Q4.
Key takeaways
- Cloud infrastructure revenue grew 93% in Q4 with $67B in new AI infrastructure contracts; multi-cloud database revenue up 404% YoY and bookings up 325% YoY
- Cloud applications revenue of $4.1B (+10%) with SaaS deferred revenue up 16%; delivered 1,000+ AI agents across application suites with over 300 new Fusion customers
- Record $638B RPO provides exceptional visibility; 12% expected in next 12 months and 34% between 13-36 months, with percentages expected to accelerate
- Deployed over 1.2 gigawatts of infrastructure in FY2026 with Q1 FY2027 delivery approaching 1 gigawatt; 97.5% global GPU utilization rate with 49% renewal rate on 35K GPUs up for renewal
Financial highlights
- Q4 FY2026 revenue: $19.2B (+21% YoY); non-GAAP operating income: $8.6B (+22%); non-GAAP EPS: $2.11 (+24%)
- Full-year FY2026 revenue: $67B+; non-GAAP operating income: $29B (+16%); non-GAAP EPS: $7.63 (+27% including onetime gains); excluding gains: $6.83
- Operating cash flow: $32B (+54% YoY); net CapEx cash outlay: $48B (including ~$8B prepayments/timing impacts)
- RPO: $638B (+363%); gross margin stepped down ~5 points YoY due to infrastructure buildout impacts
Guidance
- FY2027 total revenue growth: +34% in constant currency; non-GAAP EPS: $8.05 (+18% in constant currency excluding onetime gains)
- Q1 FY2027 revenue growth: 27-29% YoY in USD; cloud revenue growth: 58-64%; non-GAAP EPS: $1.72-$1.76 (+17-20%)
- FY2027 gross margin expected to decline due to data center ramp timing and mix impacts, with rapid margin improvement expected as contracts reach full revenue levels
- FY2027 net cash CapEx outlay: ~$70B (excluding $20-25B in prepayments/third-party manufacturer timing); expect to raise ~$40B in debt and equity including $20B at-the-market equity
Q&A themes
- Component cost management: Fixed-price contracts when costs are locked in across supply chain; cost pass-through mechanisms when uncertainty exists; no margin degradation expected
- Infrastructure ROIC: High 20s return on invested capital at steady state; bring-your-own-hardware and prepaid contracts show similar or better margin structures
- Competitive positioning: Focus on customer satisfaction and service quality; high renewal rates (92%) and 97.5% GPU utilization despite new market entrants; value differentiation through full-stack offerings including security, networking, and operational excellence
- Database and applications momentum: Database growth of 29% with early-stage multi-cloud expansion; applications double-digit growth at $4.1B quarterly run rate with outcome-based and token-based pricing models rolling out
Risks
- Gross margin pressure in near-term due to infrastructure data center ramp timing and revenue mix; improvement expected at full contractual revenue levels
- Increasing market competition with new entrants launching AI infrastructure offerings; ability to retain/renew customers and maintain margins dependent on continued differentiation and service quality
- Supply chain risks including component cost volatility (memory, SSD, hard drives); partially mitigated through contract structures but some risk remains on future commitments
FY2026 Q32026-03-10
Earnings calls
AI summary
positiveOracle achieved its first quarter in 15+ years with both organic total revenue and non-GAAP EPS growing 20% or better in USD. The company is experiencing strong momentum across applications (11% cloud applications growth in constant currency), multicloud database (531% YoY growth), and AI infrastructure (243% YoY growth), with over 2,000 customer go-lives in Q3 and significant halo effects across the business.
Key takeaways
- Multicloud database revenue grew 531% YoY with global region coverage achieved across all partner clouds (Microsoft, Google, AWS); AI infrastructure revenue grew 243% YoY with demand exceeding supply and $553B RPO
- Cloud applications revenue reached $16.1B annualized run rate with 11% growth in constant currency; Fusion ERP, SCM, and HCM each grew 15%, with over 2,000 customers going live in Q3
- Oracle embedded 1,000+ AI agents in applications and built new AI-powered products including CX applications, EHR systems, and banking suites with hundreds of embedded agents at no additional customer cost
- AI infrastructure delivered 400+ megawatts to customers in Q3 with 90% of committed capacity on or ahead of schedule; gross margin on AI capacity remained above 30% guidance at 32%
- Company raised $30B through investment-grade bonds and mandatory convertible preferred stock within days of announcement; secured 10+ gigawatts of power and data capacity with 90%+ fully funded through partners
Financial highlights
- Q3 organic total revenue and organic non-GAAP EPS both grew 20%+ in USD, first occurrence in 15+ years
- Cloud applications revenue grew 11% in constant currency to $16.1B annualized run rate; Fusion ERP, SCM, HCM each grew 15%; industry SaaS solutions grew 19%
- Multicloud database revenue grew 531% YoY; AI infrastructure revenue grew 243% YoY
- AI infrastructure gross margin 32%, above 30% guidance; overall OCI margin profile strengthening with adjacent services comprising 10-20% of spend; multicloud database margins 60-80%
Guidance
- Company continues to raise FY27 forecast; overdelivering on FY26 revenue and earnings
- Announced intent to raise up to $50B in debt and equity financing in calendar year 2026; stated no additional bonds expected beyond this amount in 2026
- Expects CapEx and profitability guidance details after fiscal year end; emphasized uncoupling of CapEx with capital requirements from Oracle Corporation through new funding mechanisms
Q&A themes
- Halo effect from AI infrastructure expanding into applications, multicloud, sovereign cloud, and traditional workloads; Alloy and Sovereign Cloud deals driving pipeline growth
- AI Database and AI Data Platform adoption driven by customers seeking to combine frontier LLMs with private data; multicloud database acceleration tied to customers moving data to cloud for latest AI capabilities
- SaaS not threatened by AI; instead Oracle embedding 1,000+ agents into applications and building complete ecosystem automation across industries (healthcare, banking, retail) that small AI features cannot replicate
- Data gravity and mission-critical data positioning Oracle as preferred layer for AI agents; AI Agent Studio in Fusion provides development environment for customers and partners to build custom agents with quarterly upgrade cadence and security patching
Risks
- Substantial capital investment requirements for AI infrastructure buildout, though company mitigating through bring-your-own-hardware models and customer upfront payments; profitability currently constrained by concurrent construction expenses during hypergrowth phase
- Forward-looking statements subject to risks and uncertainties; actual results may differ materially from statements made in call
FY2026 Q22025-12-10
Earnings calls
AI summary
positiveOracle delivered strong Q2 FY2026 results with 13% total revenue growth, marking three consecutive quarters of double-digit growth. Cloud revenue accelerated to 33% growth at $8B, with cloud infrastructure up 66% and GPU-related revenue surging 177%. The company signed $68B in additional RPO this quarter, primarily from Meta, NVIDIA, and others, expected to generate $4B in incremental FY2027 revenue.
Key takeaways
- Total cloud revenue grew 33% to $8B, now representing half of Oracle's total revenue, with cloud infrastructure accelerating at 66% and GPU revenue up 177%
- RPO reached $523.3B, up 43% YoY, with near-term RPO expected to be recognized in next 12 months growing 40% YoY
- Cloud applications revenue grew 11% to $3.9B with deferred revenue growing faster at 14%, signaling acceleration ahead; Fusion ERP up 17%, SCM up 18%, HCM up 14%
- Oracle delivered 400 megawatts of data center capacity last quarter with 50% more GPU capacity than Q1; super cluster in Abilene, Texas on track with 96,000+ NVIDIA GB 200 delivered
- Multi-cloud database consumption grew 817% YoY with 45 regions now live across AWS, Azure, and GCP; marketplace consumption up 89% YoY
Financial highlights
- Total revenues $16.1B, up 13% in constant currency; operating income $6.7B, up 8%
- Non-GAAP EPS $2.26, up 51%; GAAP EPS $2.10, up 86% including $2.7B pretax gain from Ampere sale
- Operating cash flow $2.1B; free cash flow negative $10B; CapEx $12B for data center equipment
- Cloud infrastructure revenue $4.1B, up 66%; cloud applications $3.9B, up 11%; cloud database services up 30%
Guidance
- Q3 FY2026: Total cloud revenue expected to grow 37-41% in constant currency (40-44% USD); total revenue growth 16-18% in constant currency (19-21% USD)
- Q3 FY2026: Non-GAAP EPS expected to grow 12-14% to $1.64-$1.68 in constant currency (16-18% growth to $1.70-$1.74 USD)
- Full-year FY2026 revenue expectation remains $67B; FY2026 CapEx expected to be approximately $15B higher than forecasted after Q1 due to added RPO
- FY2027: Expect $4B of additional revenue from Q2 RPO bookings which can be monetized quickly starting next year
Q&A themes
- Capital requirements for AI growth expected to be substantially less than analyst estimates of $100B+ due to multiple funding models including customer-provided chips, vendor leasing arrangements, and favorable data center construction timing
- OCI margins for AI workloads expected to reach 30-40% range over customer contract life; ramp timing depends on mix of online capacity, with focus on rapid capacity delivery to improve margins quickly
- Infrastructure capacity is fungible across customers with secure wipe and reallocation possible in hours; customer adoption typically takes 2-3 days; Oracle manages continuous capacity reallocation across 700+ AI customers
- Applications growth acceleration driven by complete application suite offering, baked-in AI with 400+ live Fusion features, AI data platform enabling enterprise lakehouse creation, and unified One Oracle go-to-market combining vertical and horizontal apps teams
Risks
- Significant capital intensity of AI infrastructure buildout creates execution and funding risks; company must maintain investment-grade debt rating while funding aggressive capacity expansion
- Heavy dependence on concentrated customer base (Meta, NVIDIA contracts represent major portion of Q2 RPO) creates customer concentration and revenue concentration risk
- Applications business acceleration depends on successful go-to-market reorganization and customer adoption of integrated AI-powered suites; competitive best-of-breed SaaS alternatives continue to pose risk
FY2026 Q12025-09-09
Earnings calls
AI summary
positiveOracle delivered strong Q1 results with total revenue of $14.9 billion (up 11%) and cloud revenue of $7.2 billion (up 27%), driven by significant contracts with major AI companies including OpenAI, xAI, Meta, NVIDIA, and AMD. Remaining performance obligations surged 359% to $455 billion, with cloud RPO growing nearly 500%. The company expects cloud infrastructure to grow 77% to $18 billion in FY2026 and projects $35 billion in CapEx for the year.
Key takeaways
- Cloud infrastructure revenue grew 54% to $3.3 billion with OCI consumption up 57%; demand continues to dramatically outstrip supply
- RPO reached $455 billion (up 359% YoY) with cloud RPO up nearly 500%, indicating significant future revenue visibility
- Multi-cloud database revenue grew 1529% in Q1, with Oracle now operating 34 live data centers embedded in AWS, Azure, and GCP
- Non-GAAP EPS was $1.47; operating income expected to grow mid-teens in FY2026 with higher growth anticipated in FY2027
Financial highlights
- Total revenue: $14.9 billion, up 11% YoY in constant currency
- Cloud revenue: $7.2 billion, up 27% YoY; cloud infrastructure: $3.3 billion, up 54%
- Non-GAAP EPS: $1.47; GAAP EPS: $1.01
- Operating cash flow: $8.1 billion for Q1; free cash flow: negative $362 million with $8.5 billion CapEx; 4-quarter operating cash flow up 13% to $21.5 billion
Guidance
- Q2 total revenue expected to grow 12-14% in constant currency, 14% to 16% in USD
- Q2 cloud revenue expected to grow 32-36% in constant currency, 33-37% in USD
- Q2 non-GAAP EPS expected between $1.58-$1.62 in constant currency; $1.61-$1.65 in USD; growth of 8-10% in constant currency, 10-12% in USD
- FY2026 total revenue growth expected at 16% in constant currency; Oracle Cloud Infrastructure projected to grow 77% to $18 billion, then scale to $32B, $73B, $114B, and $144B over following four years
Q&A themes
- AI inferencing market positioned as substantially larger than AI training market with enormous demand; non-GPU infrastructure business growing faster than competitors
- Oracle AI database enables enterprise customers to ask questions about combination of private enterprise data and public data while maintaining security; bundled with major LLMs (ChatGPT, Gemini, Grok, Llama)
- Competitive advantages include fastest networking for data movement (delivering 2x performance = 50% cost reduction), rapid customer acceptance (one week turnaround mentioned), better vendor financing terms as large GPU/equipment consumer, and full application suite requiring less system integration
- Cloud at Customer product ('Butterfly') delivers full Oracle Cloud capabilities in 3 racks for $6 million entry price, claimed to be 100x+ cheaper than competitor offerings; multiple large enterprises buying dedicated regions
Risks
- Non-GAAP tax rate of 20.5% exceeded 19% guidance, reducing EPS by $0.03; actual tax rates may vary due to one-time tax events
- Forward-looking statements subject to risks and uncertainties that may cause actual results to differ materially; company disclaims obligation to revise statements based on new information
FY2025 Q42025-06-11
Earnings calls
Company news
Reuters, WSJ, Bloomberg and FT first, as far as our news provider delivers them; other publishers behind the second filter. Headlines link to the publisher.- Mapping the Market: Oracle shares may be in for a rally
- Microsoft is winding down Oracle deal to rent AI cloud capacity, Bloomberg News reports
- Oracle Looks to Raise $20 Billion to Fund AI Ambitions
- Oracle to offer $10 billion in bonds
- Oracle expects to turn cash flow positive in second half of fiscal 2028
- Oracle Creates AI Workspace on ChatGPT
- Oracle expands chip supply deal with Nvidia, adds Google and Cerebras offerings
- AstraZeneca Partners With Oracle to Refine Clinical Research With AI
- Oracle, Broadcom and SpaceX Seek Blockbuster Debt Deals To Pay for AI Chips
- China's Tencent leases 100,000 chips from Oracle to accelerate AI push, FT reports
Company data
Company intelligence
Updated: Nov 13, 2026, 02:57 PM UTC
Company data
Company intelligence
Company profile
- Sector
- Technology
- Industry
- Software - Infrastructure
- Chief executive
- Michael D. Sicilia
- Employees
- 141,000
- IPO date
- Mar 12, 1986
- Country
- US
- Exchange
- New York Stock Exchange
Altman Z-scorei1.51
Piotroski scorei5/9
Overall ratingiB
Owner earningsi-$2.43B-$0.81 per share
ESG risk ratingiB+Industry rank: 5/31
Rating factors
- Return on equityi
- 5/5
- Return on assetsi
- 4/5
- Debt to equityi
- 1/5
- Price to earningsi
- 3/5
- Price to booki
- 2/5
Company press releases
Oracle Commodity Holding Increases Private Placement to $150,000Newsfile CorpOracle Commodity Holding Announces $105,000 Private PlacementNewsfile CorpUtilities Achieve Record Peak Energy AI-Powered Demand Reduction with OraclePRNewsWireOracle Celebrates Groundbreaking on Future Global Headquarters in NashvillePRNewsWireOracle Helps Financial Institutions Make Faster, More Informed Treasury and Customer Decisions with AI-Assisted AnalyticsPRNewsWireOracle's $1.55 Million Grant Helps Trinity Community Commons Bring Its Neighborhood Vision to Life in NashvillePRNewsWire
Congressional disclosures
Senate
Sheldon WhitehouseSale (Partial) · $15,001 - $50,000Disclosed: Jun 2, 2026Sheldon WhitehouseSale · $15,001 - $50,000Disclosed: Jun 2, 2026Alan ArmstrongPurchase · $15,001 - $50,000Disclosed: Jul 21, 2026Thomas Hawley TubervilleSale · $15,001 - $50,000Disclosed: Aug 5, 2026Thomas Hawley TubervilleSale (Full) · $15,001 - $50,000Disclosed: Nov 15, 2025
House
Market cap history
$377.01B-14.5%Aug 2026 – Nov 2026
Latest: $377.01B · 2026-11-12High: $482.03B · 2026-09-08Low: $353.61B · 2026-11-02
Largest fund holders
| Fund | Weight | Shares held |
|---|---|---|
| VTI | 0.32% | 54.9M |
| VCPA.S | 0.95% | 46.9M |
| VOO | 0.36% | 45.4M |
| IVV | 0.36% | 26.4M |
| 1657.T | 0.27% | 26.4M |
| XAW.TO | 0.21% | 26.4M |
| SPY | 0.36% | 24.1M |
| FXAIX | 0.36% | 24M |
| VUG | 0.65% | 18.5M |
| XLK | 1.51% | 14.5M |
| VSCA.S | 0.44% | 13.6M |
| VGT | 0.85% | 11.1M |
Analyst track record
How the analysts covering ORCL have done: ratings, price-target accuracy and the measured reaction after their calls.
| 12 months | 3 years | |
|---|---|---|
| Ratings | 254 | 691 |
| Analysts | 49 | 64 |
| Buy / hold / sell | 211 / 42 / 1 | 505 / 182 / 4 |
| Upgrades / downgrades / initiations | 8 / 2 / 5 | 19 / 7 / 14 |
| Price targets hit / missed | 1 / 229 (0%) | 27 / 587 (4%) |
| Avg. return after a rating (TipRanks) | -49.5% | -39.7% |
| Best / worst call | +15.6% / -68.2% | +27.1% / -69.4% |
After buy calls on this stock: median 21-day move -3.4% vs S&P 500 -2.9% (n = 500)
Most accurate on this stock
Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.
- Brent BracelinPiper Sandler92% hit rate on this stock · 12 targets measuredBuytarget $290Dec 11, 2025
- Brad ZelnickDeutsche Bank90% hit rate on this stock · 10 targets measuredBuytarget $300Jun 11, 2026
- Karl KeirsteadUBS84% hit rate on this stock · 19 targets measuredBuytarget $250Nov 4, 2026
Latest ratings
| Date | Analyst | Call | Target | |
|---|---|---|---|---|
| Nov 11, 2026 | Andy Yu CFADBSNov 11, 2026 | BuyMaintained | $290↗ | article ↗ |
| Nov 10, 2026 | Mark MoerdlerBernsteinNov 10, 2026 | BuyMaintained | $325↗ | article ↗ |
| Nov 8, 2026 | Gabriela BorgesGoldman SachsNov 8, 2026 | BuyMaintained | $206↗ | article ↗ |
| Nov 6, 2026 | Mark MoerdlerBernsteinNov 6, 2026 | BuyMaintained | $325↗ | article ↗ |
| Nov 4, 2026 | Karl KeirsteadUBSNov 4, 2026 | BuyMaintained | $250↗ | article ↗ |
Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.
TipRanks data · computed Nov 13, 2026 · 254 ratings
Frequently asked questions
Where can I trade ORCL perpetual futures?
Oracle Corporation (ORCL) perpetual futures trade on 25 crypto venues, including Deepcoin, Binance, Ourbit. PerpEquities compares them by live price, funding rate, open interest and liquidity.
Can I trade ORCL around the clock?
Yes. Unlike the underlying stock, ORCL perpetuals trade 24/7 — including weekends and outside regular market hours.
What is the funding rate on ORCL perpetuals?
Right now the ORCL perp funding rate is 0.0% annualized (venue median), ranging from 0.0% to +10.0% across 25 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.
How does the ORCL perp price compare to the Oracle Corporation stock?
The venue-median ORCL perp mark is $124.3 versus a reference stock price of $124.4, a basis of -0.1%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.
What is a ORCL perpetual future?
A ORCL perpetual is a derivative that tracks the price of Oracle Corporation with no expiry date. It lets you take long or short exposure to Oracle Corporation on crypto venues, around the clock.
What is ORCLUSDT perpetual?
ORCLUSDT is the symbol most crypto exchanges use for the Oracle Corporation perpetual settled in USDT (Tether). It tracks the ORCL share price through an index, trades 24/7 with leverage and never expires.
Embed this asset
<a href="https://perpequities.com/stocks/orcl-perp"><img src="https://perpequities.com/badge/orcl-perp.svg" width="240" height="64" alt="ORCL perpetuals · perpequities.com" loading="lazy"></a>