Brief
One year after Safra Catz left, Oracle posts strong Q1 revenue
The cloud‑software giant posted higher‑than‑expected revenue and doubled cloud infrastructure sales while Catz serves as executive vice chair.
By Felo News Desk · Published
Oracle announced fiscal first‑quarter 2027 revenue of $19.35 billion, surpassing analysts’ $19.14 billion estimate, according to observer.com. The results come a year after Safra Catz stepped down as CEO in September 2025 and moved to the role of executive vice chair.
Cloud infrastructure revenue more than doubled to $7.4 billion, and the company’s remaining performance obligations—a measure of contracted but unrecognized revenue—reached $664 billion. The gains were attributed to enterprise database migrations and AI‑focused cluster builds.
Catz, who remains on Oracle’s board and sits on the Paramount Skydance board and President Trump’s tech advisory council, said the company is now “the cloud of choice for both AI training and inferencing” and praised its growth rate.
Key facts
- Oracle reported fiscal Q1 2027 revenue of $19.35 billion, beating $19.14 billion estimates (observer.com)
- Cloud infrastructure revenue rose to $7.4 billion, more than double the prior period (observer.com)
- Remaining performance obligations reached $664 billion (observer.com)
- Safra Catz stepped down as CEO in September 2025 and is now executive vice chair (observer.com)
Sources
- [1] observer.com — originally reported as “Safra Catz Made Oracle an A. I. Giant, Then Stepped Aside. One Year Later, How Has Oracle Fared?”
