Oracle Q1 2026 Earnings Call Transcript: Key Takeaways

Oracle Corporation (ORCL) reported Q1 2026 earnings, with Chairman and CTO Larry Ellison and CEO Safra Catz on the call. The company's financial results and customer list will be available on the Investor Relations website. The discussion will include forward-looking statements, subject to potential differences due to risks and uncertainties.

Oracle Corporation (NYSE: ORCL) reported its fiscal year 2026 first quarter (Q1) earnings on September 9, 2025, showcasing robust performance across its cloud and software divisions. The company's total remaining performance obligations (RPO) increased by 359% year-over-year to $455 billion, reflecting strong demand for its cloud infrastructure services Oracle Announces Fiscal Year 2026 First Quarter Financial Results^[1].

Key highlights from the earnings report include:

- Total Revenue: Oracle's total revenue reached $14.9 billion, up 12% in USD and 11% in constant currency from the prior year Oracle Announces Fiscal Year 2026 First Quarter Financial Results^[1].
- Cloud Revenue: Cloud revenues surged by 28% in USD and 27% in constant currency to $7.2 billion, driven by significant growth in both infrastructure-as-a-service (IaaS) and software-as-a-service (SaaS) segments Oracle Announces Fiscal Year 2026 First Quarter Financial Results^[1].
- IaaS Revenue: Cloud infrastructure (IaaS) revenue grew by 55% in USD and 54% in constant currency to $3.3 billion Oracle Announces Fiscal Year 2026 First Quarter Financial Results^[1].
- SaaS Revenue: Cloud application (SaaS) revenue increased by 11% in USD and 10% in constant currency to $3.8 billion Oracle Announces Fiscal Year 2026 First Quarter Financial Results^[1].
- Software Revenue: Software revenues decreased by 1% in USD and 2% in constant currency to $5.7 billion Oracle Announces Fiscal Year 2026 First Quarter Financial Results^[1].
- Earnings per Share (EPS): GAAP EPS was $1.01, down 2% in USD and 5% in constant currency, while non-GAAP EPS increased by 6% to $1.47 Oracle Announces Fiscal Year 2026 First Quarter Financial Results^[1].

Chairman and CTO Larry Ellison highlighted the company's growth in multi-cloud database revenue, which grew by 1,529% in Q1, and announced a new cloud infrastructure service called the "Oracle AI Database" to be introduced at the Oracle AI World event next month Oracle Announces Fiscal Year 2026 First Quarter Financial Results^[1].

CEO Safra Catz noted the company's strong performance and the expected growth in RPO, which is likely to exceed half-a-trillion dollars over the next few months Oracle Announces Fiscal Year 2026 First Quarter Financial Results^[1]. She also mentioned that the scale of recent RPO growth allows for a significant upward revision to the Cloud Infrastructure portion of Oracle's financial plan.

Oracle's board of directors declared a quarterly cash dividend of $0.50 per share of outstanding common stock, payable on October 23, 2025 Oracle Announces Fiscal Year 2026 First Quarter Financial Results^[1].

The earnings call and webcast, scheduled for today at 4:00 p.m. Central Time, will provide further insights into Oracle's financial performance and future outlook. For more information, visit Oracle's Investor Relations website Oracle Announces Fiscal Year 2026 First Quarter Financial Results^[1].

References:
Oracle Announces Fiscal Year 2026 First Quarter Financial Results^[1] Oracle Corporation. (2025, September 9). Oracle Announces Fiscal Year 2026 First Quarter Financial Results. PR Newswire. Retrieved from https://www.morningstar.com/news/pr-newswire/20250909sf67782/oracle-announces-fiscal-year-2026-first-quarter-financial-results