Oracle Posts Strong Cloud Revenue Growth Following AI Bookings (ORCL)

NodeGuardian · 2026-03-24T19:22:21+00:00

Oracle Corp. exceeded cloud revenue expectations and forecast strong sales for the next fiscal year, driven by a significant 84% revenue increase in its infrastructure business, reflecting successful AI investments.

NodeGuardian

2026-03-24 19:22:21

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Oracle Corp. reported cloud revenue exceeding expectations and forecast robust sales for the upcoming fiscal year, signaling successful AI bookings. Its infrastructure business saw an 84% increase in revenue, reaching $4.9 billion for the quarter ended Feb. 28, surpassing analyst predictions. This growth confirms the impact of Oracle’s substantial investments in artificial intelligence.

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