Oracle Earnings: This ‘Disappointment’ Sinks Stock 4%

June 10, 2026 adminsr

Topline

Oracle posted record revenue in its fiscal fourth quarter and full-year 2026 results Wednesday, though the company’s stock is reeling after it delivered flat revenue guidance one analyst called disappointing.

Ellison’s net worth has dropped by over $10 billion in the last two days.

Photo by Kimberly White/Getty Images

Key Facts

Oracle’s quarterly revenue reached $19.2 billion, up 21% year-over-year, topping analyst estimates of $19.1 billion, while posting $2.11 earnings per share, beating analysts’ $1.96 estimate.

Cloud infrastructure revenue rocketed for Oracle, jumping 93% to $5.8 billion in the quarter.

Vital Knowledge analyst Adam Crisafulli said in a note Oracle’s earnings were “OK,” but pointed out the company is still facing a period of “heavy cash outflows as it builds the infrastructure needed to fulfill its backlog,” which will require more debt and equity.

He also called the company’s 2027 sales guidance “a disappointment,” as Oracle reiterated prior guidance of $90 billion in total revenue for the year.

Oracle shares closed down more than 2% on Wednesday to $201.26 before diving over 4% in after-hours trading to fall below the $200 mark.

Forbes Valuation

We estimate Ellison’s net worth at $247.8 billion as of Wednesday, making him the fifth-wealthiest person in the world, behind fourth-place Amazon co-founder Jeff Bezos ($248.8 billion). Ellison, who owns about 41% of Oracle’s shares, fell behind Bezos on Tuesday after his fortune declined by more than $10 billion. His fortune has declined nearly $50 billion in around a week as selloffs around AI and tech rattle markets. Ellison briefly jumped up to the No. 2 spot on the list of world’s wealthiest people last week, when his estimated net worth neared $300 billion.

Key Background

Oracle reported $57 billion revenue for fiscal 2025 and, like its competitors, has aggressively pushed to develop its cloud and artificial intelligence offerings. The company has hundreds of millions of dollars worth of cloud and AI deals with OpenAI, Meta and Nvidia. Oracle’s stock is up 3.2% on the year, though it has fallen significantly from its record highs recorded last September, when one share cost as much as $328.