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Total Revenue
19.2$B
+11.6% QoQ · +20.8% YoY
Remaining Performance Obligations
638.0$B
+15.4% QoQ · +362.3% YoY
Total Cloud Revenue (IaaS+SaaS)
9.9$B
+11.2% QoQ · +47.8% YoY
Cloud Infrastructure (IaaS) Revenue
5.8$B
+18.4% QoQ · +93.3% YoY
Cloud Applications (SaaS) Revenue
4.1$B
+2.5% QoQ · +10.8% YoY
Non-GAAP Operating Margin
45.0%
+4.7% QoQ · +2.3% YoY
Remaining Performance Obligations ($B)
Total Cloud Revenue (IaaS+SaaS) ($B)
Cloud Infrastructure (IaaS) Revenue ($B)
Cloud Applications (SaaS) Revenue ($B)
Non-GAAP Operating Margin (%)
Why these KPIs
Every Oracle earnings release headlines Total Revenue, RPO, Total Cloud Revenue and the IaaS/SaaS split as its top bullets, and reports non-GAAP operating margin in its GAAP-to-non-GAAP reconciliation table each quarter -- these are the metrics management itself uses to frame the AI/cloud infrastructure buildout story.
| Period | Total Revenue | Remaining Performance Obligations | Total Cloud Revenue (IaaS+SaaS) | Cloud Infrastructure (IaaS) Revenue | Cloud Applications (SaaS) Revenue | Non-GAAP Operating Margin |
|---|
| Q1 FY2025 | 13.3$B | 99.0$B | 5.6$B | 2.2$B | 3.5$B | 43.0% |
| Q2 FY2025 | 14.1$B | 97.0$B | 5.9$B | 2.4$B | 3.5$B | 43.0% |
| Q3 FY2025 | 14.1$B | 130.0$B | 6.2$B | 2.7$B | 3.6$B | 44.0% |
| Q4 FY2025 | 15.9$B | 138.0$B | 6.7$B | 3.0$B | 3.7$B | 44.0% |
| Q1 FY2026 | 14.9$B | 455.0$B | 7.2$B | 3.3$B | 3.8$B | 42.0% |
| Q2 FY2026 | 16.1$B | 523.0$B | 8.0$B | 4.1$B | 3.9$B | 42.0% |
| Q3 FY2026 | 17.2$B | 553.0$B | 8.9$B | 4.9$B | 4.0$B | 43.0% |
| Q4 FY2026 | 19.2$B | 638.0$B | 9.9$B | 5.8$B | 4.1$B | 45.0% |