
Oracle Cloud Revenue Hits 52% of Total as Backlog Surges to $552.6 Billion
Oracle CorporationDescription
What this story covers
Oracle's transition to a cloud-first company reached a major milestone with cloud revenues exceeding 50% of total sales. Despite a massive $552.6 billion backlog, the company faces high debt and $39.2 billion in capital expenditures for infrastructure expansion.
Story snapshot
CompanyOracle Corporation
TickerORCL
VariantStandard detailed
Duration12:20
Filing type10-Q
PeriodQ3 2026
IndustryTechnology
Accession0001193125-26-101045
Sources1
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