Oracle Q1 record revenue; raises FY27 guidance on AI demand
Oracle reported a record Q1 revenue and raised FY27 guidance, citing strong cloud infrastructure and cloud apps growth alongside higher operating income and EPS.
Oracle said Q1 FY27 delivered record revenue, with strong growth in cloud infrastructure, up +121% YoY, and cloud apps. Operating income and EPS rose over 30%. RPO surged, capital spending increased, and guidance was raised for FY27. Oracle said demand for AI and cloud remains robust, supporting long-term growth.