Recent Updates — ORCL
Oracle Corporation issued updated long-term financial guidance during its 2026 Investor Day, projecting total revenue exceeding $225 billion by fiscal year 2030, representing a compound annual growth rate of more than 35% from fiscal 2026. The company outlined a strategy to achieve positive free cash flow in the second half of fiscal 2028 and target at least $30 billion in free cash flow for fiscal 2029. Oracle committed to limiting additional capital market raises through FY30 to $20 billion, split between $10 billion in equity and $10 billion in gross debt, excluding refinancing of existing obligations. The firm reaffirmed its fiscal 2027 outlook for total revenue of at least $90 billion and non-GAAP earnings per share of $8.10. Oracle provides cloud applications and infrastructure for enterprises worldwide.