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Oracle Jumps to Record on Cloud Deal Worth $30 Billion a Year

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ORCL
Oracle Corp. shares climbed as much as 8.6% to an intraday record of $228 on Monday after the software group disclosed new multibillion-dollar cloud contracts, including one expected to generate more than $30 billion in annual revenue beginning in fiscal 2028.
In a filing with the U.S. Securities and Exchange Commission, Chief Executive Officer Safra Catz said the company has signed "multiple large cloud services agreements" and that multicloud database revenue is growing at over 100%. The new business does not alter Oracle’s guidance for fiscal 2026, according to the filing.
The deal would dwarf the company’s existing cloud scale: Oracle reported $24.5 billion in cloud services revenue and $57.4 billion in total revenue for the fiscal year ended May 31. The stock has gained about 33% over the past month as investors bet that expanding cloud demand and artificial-intelligence workloads will accelerate growth.

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Oracle stock jumps after $30 billion annual cloud deal revealed in filing

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Oracle shares hit record high on $30bn cloud contract

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Oracle shares hit record high on $30bn cloud deal

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Oracle stock jumped after the software giant disclosed that it had inked new multibillion-dollar cloud services agreements. by @LauraBratton5

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Oracle Stock Jumps As CEO Touts New Cloud Deals

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    Financial Times
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    @FT

    Oracle shares hit record high on $30bn cloud contract

    Yahoo Finance
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    @YahooFinance

    Oracle stock jumped after the software giant disclosed that it had inked new multibillion-dollar cloud services agreements. by @LauraBratton5

    FT Technology News
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    @fttechnews

    Oracle shares hit record high on $30bn cloud deal

Story Timeline

  • •Latest version
    Oracle Rallies as Filing Unveils $30 Billion-a-Year Cloud Contract
  • Oracle Shares Hit Record as $30 Billion Cloud Deal Unveiled
  • Oracle Jumps to Record on Cloud Deal Worth $30 Billion a Year
  • Oracle Shares Jump on Cloud Deal Worth Over $30 Billion a Year
  • •Original version
    Oracle Sees Cloud Agreements Adding $30 Billion Annually From FY28

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