Oracle posted $19.3B in Q1 FY27 revenue, up 30% YoY, with cloud infrastructure surging 121% and remaining performance obligations hitting $664B.

Oracle's shares fell 12% after FY2026 results showed $129.5B in debt, negative free cash flow, and plans to raise $40B more in FY2027.

Oracle's results for the quarter came in stronger than expected, as did its revenue backlog.