trade.var.gg / Earnings
ORCL · FY2026-Q4 · Jun 10, 2026 release

ORCL FY2026-Q4 earnings: The stock fell as high investment needs took priority over strong cloud demand.

First regular close-8.53%down

The stock fell 8.53% at the first regular close. RPO was $638B and cloud infrastructure revenue was $5.787B, but capex $55.663B and FCF -$23.686B weighed on the reaction.

Official factsNegative reactionOfficial release

Key takeaways

  • Results showed cloud demand, but the stock fell 8.53% at the first regular close.
  • Total revenue was $19.184B and Non-GAAP EPS was $2.11.
  • Cloud infrastructure revenue was $5.787B and Cloud revenue was $9.913B.
  • FY2026 capex was $55.663B and FCF was -$23.686B.
Stock reaction
-8.53%
First regular close
Revenue
$19.18B
FY2026-Q4
Non-GAAP EPS
$2.11
FY2026-Q4
OCI
$5.79B
Growth / demand
FCF
-$23.69B
Cost / pressure

Why did the stock fall?

Oracle reported FY2026 Q4 total revenue of $19.184B and Non-GAAP EPS of $2.11. Cloud revenue was $9.913B, including Cloud infrastructure revenue of $5.787B. RPO was $638B. This is best read as a contracted future demand indicator, not immediate cash flow. On the cash-flow side, FY2026 operating cash flow was $31.977B and capital expenditures were $55.663B. FCF was -$23.686B for the same period. At the first regular close after the release, the stock fell 8.53%. The reaction can be interpreted as investors assigning more weight to capex and negative FCF than to the cloud demand indicators.

Demand signals

RPO
Future contracted demand
$638B
OCI
AI infrastructure demand
$5.79B
Cloud revenue
Total cloud revenue
$9.91B

What pressured the stock

Capex
Data-center investment
$55.66B
FCF
Cash-flow burden
-$23.69B
Stock reaction
First regular close
-8.53%

This interpretation links official reported numbers with first regular close reaction. Consensus-relative beat/miss wording is not included yet.

Reported numbers

Actual reported numbers from official or allowed sources. Consensus-relative judgments are excluded.

MetricPeriodValue
RevenueFY2026 Q4$19.18B
Cloud revenueFY2026 Q4$9.91B
OCIFY2026 Q4$5.79B
Cloud AppsFY2026 Q4$4.13B
GAAP EPSFY2026 Q4$1.45
Non-GAAP EPSFY2026 Q4$2.11
RPOFY2026 Q4$638B
Operating cash flowFY2026$31.98B
CapexFY2026$55.66B
FCFFY2026-$23.69B

Market reaction data

Calculated from the first regular-session close after the release.

Change
-8.53%
Baseline$201.26
Reaction$184.10
Session2026-06-11
BasisFirst regular close

Analysis evidence

Evidence linking the narrative to official numbers and price data. Expand if you want the detail.

Show 7 evidence items

At the first regular close, the stock fell 8.53%.

Market reaction
ObservedMarket reaction
Market data: First regular close reaction row from the context shows price_change_pct of -8.526284.

FY2026 Q4 total revenue was $19.184B.

Demand
Observed
Reported number: Reported total revenues were $19.184B.
Source: Oracle investor relations press release listed in the context bundle.

FY2026 Q4 Non-GAAP EPS was $2.11.

other
Observed
Reported number: Reported Non-GAAP EPS was $2.11.
Source: Oracle investor relations press release listed in the context bundle.

Cloud infrastructure revenue was $5.787B and Cloud revenue was $9.913B.

segment
Observed
Reported number: Reported Cloud infrastructure revenue was $5.787B.
Reported number: Reported Cloud revenue was $9.913B.
Source: Oracle investor relations press release listed in the context bundle.

RPO of $638B is best read as a contracted future demand indicator, not immediate cash flow.

Demand
Interpretation
Reported number: Reported Remaining Performance Obligations were $638B.
Source: Oracle investor relations press release listed in the context bundle.

FY2026 operating cash flow was $31.977B, capital expenditures were $55.663B, and FCF was -$23.686B.

Capex/FCF
Observed
Reported number: Reported FY2026 operating cash flow was $31.977B.
Reported number: Reported FY2026 capital expenditures were $55.663B.
Reported number: Reported FY2026 free cash flow was -$23.686B.
Source: Oracle investor relations press release listed in the context bundle.

The first-close decline can be interpreted as the market assigning more weight to capex and negative FCF than to the cloud demand indicators.

Capex/FCF
InterpretationMarket reaction
Market data: First regular close reaction row from the context shows price_change_pct of -8.526284.
Reported number: Reported Remaining Performance Obligations were $638B.
Reported number: Reported Cloud infrastructure revenue was $5.787B.
Reported number: Reported FY2026 capital expenditures were $55.663B.
Reported number: Reported FY2026 free cash flow was -$23.686B.

Sources

Public sources used for the page.

Oracle Announces Record Q4 and FY 2026 Results Driven by Cloud Infrastructure & Cloud Applications
Official releaseJun 10, 2026
Oracle Corporation historical daily prices around June 11, 2026
Price data

Verification scope

Reported facts
Official reported facts are displayed.

Market reaction
Based on the first regular close after release.

Narrative scope
Narrative links official facts with market reaction.