甲骨文业绩暴涨背后的秘密

Core Viewpoint - Oracle's Q1 FY2026 revenue reached $14.9 billion, a year-over-year increase of approximately 12%, but fell short of market expectations. However, the company's remaining performance obligations surged to $455 billion, a staggering 359% increase year-over-year [2][5]. Group 1: Financial Performance - Total revenue for Oracle in Q1 FY2026 was $14.9 billion, which is slightly below the analyst expectations of $15 billion [6]. - The adjusted earnings per share were $1.47, also below the expected $1.48 [6]. - The company signed four multi-billion dollar contracts during the quarter, contributing to a total contract value increase of 359%, reaching $455 billion [2]. Group 2: Cloud Business Growth - Oracle's cloud infrastructure business is projected to grow by 77% this fiscal year, reaching $18 billion, with a forecasted annual revenue of $144 billion by FY2030 [2]. - Cloud services now account for nearly half of the company's quarterly revenue, up from 25% in the same quarter of 2022 [5]. - The company plans to increase capital expenditures to $35 billion in FY2026, significantly higher than $1.6 billion in 2020 [5]. Group 3: Market Reaction and Analyst Insights - Following the earnings announcement, Oracle's stock price surged, reaching $310 in after-hours trading, with a cumulative increase of approximately 45% in 2025, compared to an 11% rise in the S&P 500 during the same period [2]. - Analysts are optimistic about Oracle's prospects in the artificial intelligence sector, highlighting the transformative changes occurring in the computing field [5].