Oracle posted fiscal first-quarter 2027 results showing $19.35 billion in total revenue, a 30% jump from the same period a year ago. That beat analyst expectations of roughly $19.14 billion. Shares climbed about 6-7% in after-hours trading.
The cloud numbers tell the real story
Oracle’s cloud infrastructure segment delivered $7.4 billion in revenue, a 121% increase year-over-year. Total cloud revenue, which includes infrastructure plus applications, hit $11.6 billion, up 62% from the prior year.
Remaining performance obligations reached $664 billion, up $209 billion from a year earlier. New AI cloud contracts alone accounted for more than $30 billion in the quarter.
Oracle delivered 850 megawatts of new data center capacity and deployed over 300,000 GPUs during the quarter. GPU utilization rates were described as high.
