Oracle Reports $523 Billion Backlog
Oracle (NYSE: ORCL) has announced a remarkable $523 billion in remaining performance obligations (RPO), representing a 438% increase year over year. This backlog, driven by new commitments from major clients like Meta Platforms (NASDAQ: META) and Nvidia (NASDAQ: NVDA), positions Oracle for significant revenue in the upcoming phases of AI implementation.
In its most recent quarter for fiscal 2026, Oracle reported revenues of $16 billion, a 14% increase compared to the previous year. However, the company faces risks related to the substantial investments required to fulfill its backlog, particularly in building infrastructure and data centers to support growth in an increasingly competitive market dominated by Amazon Web Services, Microsoft Azure, and Google Cloud.
