Oracle Q3 FY26 net income rises 27% as cloud revenue accelerates

Oracle reported a 27% year-on-year summation successful nett income disposable to communal shareholders for the 3rd 4th of fiscal 2026 (Q3 FY26), with nett rising to $3.7bn from $2.9bn successful the aforesaid play a twelvemonth earlier.

Basic net per stock accrued to $1.29 from $1.05, and diluted net per stock roseate to $1.27 from $1.02. On a non-GAAP basis, nett income reached $5.2bn, up 23% successful US dollars and 18% successful changeless currency, portion non-GAAP net per stock were $1.79, representing maturation of 21% successful US dollars and 16% successful changeless currency.

GAAP net per stock were $1.27, which was 24% higher successful US dollars and 16% higher successful changeless currency than successful the prior-year quarter.

Revenue for the 4th ended 28 February 2026 totalled $17.2bn, an summation of 22% successful US dollars and 18% successful changeless currency compared with $14.1bn a twelvemonth earlier.

Cloud revenue, which includes infrastructure and applications services, reached $8.9bn and roseate 44% successful US dollars and 41% successful changeless currency.

Software revenue, excluding cloud, stood astatine $6.1bn, up 3% successful US dollars but down 1% connected a changeless currency basis. Hardware gross was $714m, an summation of 2% successful US dollars and a diminution of 2% successful changeless currency, portion services gross precocious 12% successful US dollars to $1.44bn.

Within unreality operations, Oracle Cloud Infrastructure (IaaS) generated $4.9bn successful revenue, an 84% summation successful US dollars and an 81% summation successful changeless currency, making it the fastest-growing unreality component.

Cloud applications (SaaS) gross totalled $4.0bn, rising 13% successful US dollars and 11% successful changeless currency. Fusion Cloud ERP contributed $1.1bn, increasing 17% successful US dollars and 14% successful changeless currency, and NetSuite Cloud ERP besides delivered $1.1bn, up 14% successful US dollars and 11% successful changeless currency.

Oracle reported that Oracle Cloud Database (IaaS) gross expanded by 35%, portion gross from multicloud database services accrued by 531% successful US dollars. The institution noted that this 4th marked the archetypal clip successful much than 15 years that integrated full gross and non-GAAP net per stock some grew by astatine slightest 20% successful US dollars.

GAAP operating income for the play was $5.5bn. Non-GAAP operating income reached $7.4bn, reflecting a 19% summation year-on-year successful US dollars and a 14% emergence successful changeless currency. Total operating expenses were $11.7bn.

Operating currency travel for the trailing 12 months amounted to $23.5bn, up 13% successful US dollars, and short-term deferred gross stood astatine $9.9bn.

Remaining Performance Obligations (RPO) closed the 4th astatine $553bn, representing a 325% summation from the erstwhile twelvemonth and a $29bn emergence from the anterior quarter. Oracle attributed astir of this summation to ample AI-related unreality contracts.