Oracle achieved attributable net profit of 4.679 million dollars, equivalent to approximately 4.032 million euros, in the first fiscal quarter of 2027, ended August 31, representing 60% year-over-year growth. The company's revenues totaled 19.345 million dollars (approximately 16.670 million euros), a 30% increase compared to the same period the previous year.
Operating costs reached 12.617 million dollars (approximately 10.872 million euros), posting an 18% year-over-year increase. The cloud storage division was Oracle's largest source of revenue, generating 11.607 million dollars (approximately 10.000 million euros), a 60% growth compared to the previous year.
Software business volume totaled 5.550 million dollars (approximately 4.782 million euros), posting a 3% decline compared to the previous period. For the next quarter, Oracle forecasts revenue growth between 30% and 34%, with cloud billing potentially increasing by up to 71%.
For the full fiscal year, the company maintains its forecast of achieving at least 90.000 million dollars (approximately 77.550 million euros) in total revenues.
