Oracle just posted the kind of quarter that makes CFOs sleep well at night. The enterprise software giant reported fiscal first-quarter 2027 results that beat Wall Street expectations on virtually every metric that matters, sending shares up roughly 7% in after-hours trading.
Adjusted earnings per share came in at $1.92, comfortably ahead of the $1.74 consensus estimate and representing a 30% increase from the same period last year. Revenue hit $19.35 billion, also up about 30% year-over-year and topping the $19.14 billion analysts had penciled in. GAAP EPS landed at $1.56.
The cloud engine is roaring
Cloud infrastructure revenue surged 121% to $7.4 billion in the quarter. Total cloud revenue, which includes software-as-a-service alongside infrastructure, climbed 62% to $11.61 billion.
Oracle booked more than $30 billion in new AI cloud contracts during the quarter. The company also delivered 850 megawatts of additional data center capacity.
