Oracle Projects 15% Revenue Growth in Fiscal 2026 Driven by AI Cloud Expansion

The company missed Q3 earnings estimates but highlighted strong demand for AI-powered cloud services and plans to double its data center capacity this year.

Oracle reported Q3 fiscal 2025 revenue of $14.13 billion, missing analyst expectations of $14.39 billion, with adjusted earnings per share of $1.47 falling short of the $1.49 estimate.
The company announced a 25% increase in its quarterly dividend, raising it to 50 cents per share from 40 cents.
CEO Safra Catz projected 15% revenue growth for fiscal 2026, exceeding analysts' expectations of 12.6%, citing a strong sales backlog and growth in AI cloud services.
Oracle's cloud infrastructure revenue surged 49% year-over-year, driven by demand for AI-related computing power, while overall cloud revenue grew 23% to $6.2 billion.
The Stargate joint venture with OpenAI and SoftBank, aiming to invest up to $500 billion in U.S. AI infrastructure, is a key part of Oracle's strategy, with data center expansions already underway.