盘后大涨超8%！AI订单强劲，甲骨文上季营收盈利均超预期增超20%、上调下财年指引！

Core Viewpoint - Oracle's third-quarter results show significant growth, with revenue and EPS both exceeding 20% for the first time in 15 years, driven by strong demand for AI-related services and infrastructure [1][3][4] Financial Performance - In Q3, Oracle reported adjusted revenue of $17.19 billion, surpassing analyst expectations of $16.89 billion, and showing a year-over-year growth of 22%, up from 14% in the previous quarter [3][9] - Cloud revenue (IaaS + SaaS) reached $8.9 billion, a 44% increase year-over-year, exceeding analyst expectations of $8.84 billion [3][11] - Non-GAAP EPS rose 21% to $1.79, above the expected $1.70, marking a significant milestone for the company [3][9] Cloud Business Growth - The cloud business continues to accelerate, with IaaS revenue growing 84% year-over-year to $4.88 billion, significantly higher than the expected $4.74 billion [12][14] - SaaS revenue increased by 13% to $4.03 billion, maintaining steady growth but lagging behind IaaS [13][14] Future Revenue Indicators - Remaining Performance Obligations (RPO) surged 325% to $553 billion, far exceeding the analyst forecast of $470.7 billion, indicating strong future revenue visibility [5][17] - Oracle raised its revenue guidance for FY2027 to $90 billion, a 34% increase from the current fiscal year, surpassing analyst expectations [4][19] Capital Expenditure and Financial Strategy - Capital expenditures for FY2026 are projected to remain at $50 billion, with significant spending in the first nine months of the fiscal year reaching $39.17 billion, more than double the previous year's figure [21][27] - The company plans to fund its expansion through customer prepayments and GPU purchases, alleviating concerns about financial strain during its growth phase [24][27] Market Reaction - Following the earnings report, Oracle's stock initially dipped over 1% but later surged by as much as 10%, reflecting investor confidence in the company's long-term growth prospects driven by AI orders and capacity expansion [7][19]