Oracle Corporation (ORCL) is set to report its fiscal third-quarter results on March 10, 2026. Revenue is expected to rise between 16% to 18% in constant currency and 19% to 21% in dollar terms, with a consensus revenue estimate of $16.89 billion, indicating a 19.54% growth from the previous year. Non-GAAP earnings per share are predicted to be between $1.64 and $1.68 in constant currency, and between $1.70 and $1.74 in USD, with the consensus at $1.70.
For the second quarter of fiscal 2026, Oracle’s cloud revenue is expected to increase by 40-44% year-over-year, driven by strong demand, particularly in AI-related services. However, the company faces challenges such as a reported 43.3% annual increase in remaining performance obligations, $124 billion in total debt, and deeply negative free cash flow of approximately $10 to $13.2 billion.
Despite a 35.1% decline in shares over the past six months, Oracle remains a key player in the database management and ERP software markets, holding a 3% share of the global cloud market, substantially trailing competitors like Amazon, Microsoft, and Alphabet.
