Oracle confirms the power of its cloud with $8.9 billion in revenue in Q3 2026

In the context of accelerating the digital transformation of businesses, Oracle published its results for the third quarter of the fiscal year 2026. The company shows an increase in its revenues and profitability, notably driven by strong cloud growth and growing demand for infrastructures related to artificial intelligence.

Oracle records an increase in its revenues and profits

In a report published on Tuesday, Oracle shows a significant rise in its quarterly revenue. The group announces it generated $17.2 billion in revenues, up 22% year-over-year, or 18% at constant exchange rates.

At the same time, the financial results also show improvements in several profitability indicators. Both net income and earnings per share increased, confirming the strength of the group’s activities in the enterprise technology sector.

The main financial indicators published by the company are as follows:

• Total revenue: $17.2 billion, up 22% (18% at constant exchange rates)
• Cloud revenue: $8.9 billion, strong growth of 44% (41% at constant exchange rates)
• Software revenue: $6.1 billion, up 3% but down 1% at constant exchange rates
• Operating income: $5.5 billion (GAAP) and $7.4 billion (non-GAAP), the latter up 19%
• Net income: $3.7 billion (GAAP) and $5.2 billion (non-GAAP), increasing by 23%
• Earnings per share: $1.27 (GAAP) and $1.79 (non-GAAP), up respectively 24% and 21%

These data show that cloud activities are now a central growth driver for the company. After publishing results above Wall Street expectations and announcing an increase in revenue forecasts for fiscal year 2027, Oracle’s stock rose significantly. The stock gained up to 10% in after-hours trading on Tuesday before slightly trimming its gains thereafter.

Artificial intelligence becomes the driver of Oracle’s cloud strategy

Oracle’s recent growth largely relies on the rise of artificial intelligence. Indeed, demand for digital infrastructures continues to increase. Cloud revenues reached $8.9 billion, representing an annual growth of 44%.

Thus, cloud becomes a central pillar of the group’s strategy. Businesses now seek infrastructures capable of processing massive amounts of data. They also want to support advanced applications related to artificial intelligence.

Consequently, Oracle is strengthening its data centers and gradually increasing its computing capacity. The company aims to meet the growing number of AI-related contracts.

Furthermore, AI tools capable of generating code are transforming software development organization. They enable faster software production. They also facilitate SaaS application creation while reducing costs.

During the earnings call, Larry Ellison, owner, CTO and executive chairman of Oracle, discussed this evolution. He explained that AI-based coding tools accelerate software development. He stated:

We now have coding tools capable of creating complete software sets, including agent-based solutions, to automate entire ecosystems like those in healthcare or financial services. This is the approach we are developing at Oracle, and it leads us to believe we can be a disruptive force in this sector.

Financial forecasts confirm sustainable growth

Oracle’s published outlook indicates continued growth for the upcoming quarters.

For the fourth quarter of fiscal 2026, the company expects total revenue growth between 19% and 21%. Cloud revenues could grow between 46% and 50%.

At the same time, non-GAAP earnings per share are expected between $1.96 and $2.00, representing an estimated growth between 15% and 17%.

In the longer term, Oracle maintains its forecasts for fiscal 2026 with an estimated revenue of $67 billion and $50 billion in investments. For fiscal 2027, the company raises its revenue target to $90 billion.

Finally, the board announced a quarterly dividend of $0.50 per share, to be paid on April 24, 2026, to shareholders of record on April 9, 2026.

What does this growth mean for the crypto and blockchain ecosystem?

Oracle’s results illustrate the growing importance of the cloud in its strategy. Indeed, in a context of AI growth and accelerating digital transformation, the future growth of the company will largely depend on the development of its cloud infrastructures and, more broadly, its ability to meet the technological needs of businesses. Thus, strengthening data centers and computing capacities becomes a key element to support the evolution of digital services.

Moreover, this evolution could also have implications for the crypto and blockchain ecosystem. Practically, many Web3 applications and several blockchain networks already rely on cloud infrastructures, notably to host nodes, analyze on-chain data, and more generally support the operation of decentralized applications.

In this context, as computing capacities and data centers continue to expand, these infrastructures could gradually facilitate the rise of new use cases related to blockchain. This is especially the case in decentralized finance, asset tokenization, and large-scale blockchain data analysis.