Oracle sells database software and cloud services that big companies run their operations on, now a major AI data-center player.
Oracle Corporation (ORCL) reported Q2 FY26 results on June 10, 2026. Earnings per share came in at $1.79 against a $1.96 consensus, so the company missed on the bottom line. Revenue of $19.18B landed above the $19.10B estimate. ORCL has beaten consensus EPS in 4 of its last 8 reported quarters. Highlights from management's remarks on the call are below.
Key highlights from the call
Chief Financial Officer (Principal Financial Officer): “As it relates to the numbers we are about to present, the following apply to both the results for Q2 and to our guidance for Q3.”
Executive Vice President, Oracle Cloud Infrastructure (OCI): “Our infrastructure business has grown at an accelerating 66% year over year.”
Chief Executive Officer: “As Doug shared, the total revenue growth of 13% in constant dollars — it's worth noting that's three consecutive quarters now where total revenue growth has been in double digits.”
Analyst, Deutsche Bank: “Congratulations and a particular shout-out to Mahesh and the team for standing up a massive amount of capacity in this quarter.”
Executive Vice President, Oracle Cloud Infrastructure (OCI): “The thing a lot of people don't understand is that we actually have many different options for delivering capacity to customers.”