In a context of accelerating digital transformation of companies, Oracle published its results for the third quarter of the 2026 financial year. The company posted an increase in its revenues and profitability, driven in particular by the strong growth of the cloud and the growing demand for infrastructures linked to artificial intelligence.
In brief
- Oracle reports $17.2 billion in revenue in Q3 2026, an annual growth of 22%.
- Cloud revenues reach $8.9 billion, up 44%, confirming their central role.
- Growth is largely driven by demand for infrastructure linked to artificial intelligence.
- The expansion of cloud infrastructures could also support the development of Web3 applications and the blockchain ecosystem.
Oracle Reports Increase in Revenue and Profit
In a report published on Tuesday, Oracle showed significant growth in its quarterly turnover. The group announces having generated $17.2 billion in revenue, an increase of 22% year-on-year, or 18% at constant exchange rate.
At the same time, the financial results also show an improvement in several profitability indicators. Both net profit and earnings per share increased, confirming the strength of the group's business in the enterprise technology sector.
The main ones published financial indicators by the company are as follows:
- Total revenue: $17.2 billion, up 22% (18% at constant currency)
- Cloud revenue: $8.9 billion, strong growth of 44% (41% at constant exchange rate)
- Software revenue: $6.1 billion, up 3% but down 1% at constant currency
- Operating income: $5.5 billion (GAAP) and $7.4 billion (non-GAAP), the latter up 19%
- Net income: $3.7 billion (GAAP) and $5.2 billion (non-GAAP), up 23%
- Earnings per share: $1.27 (GAAP) and $1.79 (non-GAAP), up 24% and 21% respectively
This data shows that cloud activities now represent a central growth driver for the company. After the publication of these results, which exceeded Wall Street's expectations and the announcement of an increase in its turnover forecasts for the 2027 financial year, Oracle's shares rose significantly. The stock gained as much as 10% in after-hours trading Tuesday, before paring its gains slightly afterward.
Artificial intelligence becomes the driving force behind Oracle's cloud strategy
Oracle's recent growth is largely driven by the rise of artificial intelligence. Indeed, the demand for digital infrastructure continues to increase. Cloud revenue reached $8.9 billion, an annual growth of 44%.
Thus, the cloud becomes a central pillar of the group's strategy. Companies are now looking for infrastructures capable of processing massive amounts of data. They also want to support advanced applications linked to artificial intelligence.
Therefore, Oracle is strengthening its data centers and gradually increasing its computing capacity. The company is thus seeking to respond to the proliferation of contracts linked to AI.
Furthermore, artificial intelligence tools capable of generating code are transforming the organization of software development. They allow software to be produced more quickly. They also make it easier to create SaaS applications while reducing costs.
During the earnings conference call, Larry Ellison, owner, CTO and executive chairman of Oracle, discussed this development. He explained that coding tools built on artificial intelligence accelerate software development. He declared:
We now have coding tools that can build entire software packages, including agent-based solutions, to automate entire ecosystems like healthcare or financial services. This is the approach that we are developing at Oracle, and it is what leads us to believe that we can play a disruptive role in this sector.
Financial forecasts that confirm sustainable growth
The outlook published by Oracle indicates continued growth for the coming quarters.
For the fourth quarter of fiscal 2026, the company expects its total revenue to increase between 19% and 21%. Cloud revenues could grow between 46% and 50%.
At the same time, non-GAAP earnings per share are expected between $1.96 and $2.00, representing an estimated growth of 15% to 17%.
Longer term, Oracle maintains its guidance for fiscal 2026 with estimated revenue of $67 billion and $50 billion in investments. For fiscal 2027, the company is raising its revenue target to $90 billion.
Finally, the board of directors announced a quarterly dividend of $0.50 per share, which will be paid on April 24, 2026 to shareholders of record as of April 9, 2026.
What does this growth mean for the crypto and blockchain ecosystem?
Oracle's results illustrate the growing importance of the cloud in its strategy. Indeed, in a context of the rise of artificial intelligence and the acceleration of digital transformation, the company's future growth will largely depend on the development of its cloud infrastructures and, more broadly, on its ability to meet the technological needs of businesses. Thus, strengthening data centers and computing capacities becomes a key element to support the evolution of digital services.
Furthermore, this development could also have implications for the crypto and blockchain ecosystem. In practice, many Web3 applications and several blockchain networks already rely on cloud infrastructures, notably to host nodes, analyze on-chain data and, more generally, support the operation of decentralized applications.
In this context, as computing capacities and data centers continue to develop, these infrastructures could gradually facilitate the development of new uses linked to blockchain. This is particularly the case in decentralized finance, asset tokenization or even large-scale blockchain data analysis.
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