Oracle reports $638 billion contracted backlog for contracted business
Oracle said it has a $638 billion backlog of contracted business. The company also reported fiscal 2026 revenue of $67.4 billion, up 17%, while noting pressure from heavy spending on artificial intelligence infrastructure.
Oracle said its contracted business backlog stands at $638 billion as it prepares to work through it over the coming years, while spending heavily on artificial intelligence infrastructure may weigh on results. 4 billion, up 17% from the prior period.