Operations
As of September 10, 2026
Q4 Revenue
↑ 21% YoY
$19.2B
Divisions
Cloud
51.7%
Software
35.6%
Hardware
4.8%
Services
7.9%
Key Earnings Driver: Multicloud AI Database
Cloud revenue increased 47% year over year to $9.9B. Within Cloud, Cloud Infrastructure revenue increased 93% to $5.8B. Management reported Multicloud AI Database increased 404% and was its fastest-growing business ever. Software declined 2% to $6.8B, Hardware increased 9% to $0.9B, and Services increased 13% to $1.5B.
Key Operating Metrics¹
METRIC
STATUS
Cloud
Cloud Infrastructure
Multicloud AI Database
🟢 Scaling
Software
🟡 Watch
Product Mix
analytics
application development
cloud compute
cloud networking
cloud observability
cloud security
cloud storage
customer relationship management
customer service software
data integration
data warehousing
e-commerce software
engineered systems
enterprise performance management
enterprise resource planning
human capital management
marketing automation
nosql database
relational database
servers
supply chain management
Key Financial Metrics
Gross Margin
65.23%
-4.96 pp YoY
Backlog / Rev.
3,326.0%
33.26x Qtr Rev
CapEx Intensity
85.96%
0.85x Revenue
Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from Oracle website and/or SEC filings for Q4, with status based on reported data.