Categories AlphaGraphs, Earnings, Technology
ORCL Earnings: Oracle Q1 2026 adj. profit increases on higher revenues
Technology giant Oracle Corporation (NYSE: ORCL) on Tuesday reported higher revenues and adjusted earnings for the first quarter of 2026. However, the numbers fell short of expectations.
Total revenues increased to $14.9 billion in the August quarter from $13.31 billion in the same period a year earlier, but missed Wall Street’s estimates. Adjusted earnings, excluding one-off items, were $1.47 per share in the first quarter, compared to $1.39 per share in Q1 2025. Analysts were looking for a higher EPS for Q1.
On a reported basis, Oracle posted a net income of $2.93 billion or $1.01 per share for Q1, compared to $2.93 billion or $1.03 per share in the year-ago quarter.
“We signed four multi-billion-dollar contracts with three different customers in Q1. This resulted in RPO contract backlog increasing 359% to $455 billion. It was an astonishing quarter—and demand for Oracle Cloud Infrastructure continues to build. Over the next few months, we expect to sign up several additional multi-billion-dollar customers, and RPO is likely to exceed half-a-trillion dollars,” said Oracle’s CEO, Safra Catz.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Demand trends and pricing in focus as Delta Airlines gears up for Q4 earnings
Delta Air Lines is preparing to report fourth-quarter earnings, with investors closely watching how the carrier navigated ongoing cost pressures and evolving demand trends. The company's resilient performance in 2025
Lamb Weston (LW) continues to push through a dynamic environment
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) stayed green on Tuesday. The stock has dropped 27% in the past three months. The frozen potato products maker continues to operate
After a rollercoaster year, is Tesla (TSLA) stock a good bet?
In recent years, Tesla's (NASDAQ: TSLA) stock has often swung between record highs and sharp corrections, reflecting shifts in investor sentiment, broader economic conditions, and changes in its financial performance.
