Filing Flows › Oracle (ORCL) › Guidance & outlook

Oracle (ORCL) guidance and outlook

Oracle (ORCL) reaffirmed its guidance on Oct 28, 2026: Revenue +35% for long-term; Operating margin 40% for long-term; EPS $21.00 for long-term; Free cash flow $30.0B for FY2028. Oracle's 10-Q filed Sep 11, 2026 makes 15 forward-looking statements, 3 of them new and 3 no longer said since the filing before.

Guidance and outlook

Latest guidance

From the earnings release filed Oct 28, 2026 (8-K on EDGAR).

Forward-looking statements, 10-Q filed Sep 11, 2026

• The proportion of our cloud revenues relative to our total revenues has increased and we expect this trend to continue.
• On a constant currency basis, we expect that our total cloud and software revenues generally will continue to increase due to:
• We expect to continue to make investments in research and development to improve existing hardware products and services and to develop new hardware products and services.
• We estimate the financial impact of any potential acquisition with regard to earnings, operating margin, cash flows and return on invested capital targets, among others, before deciding to move forward with an acquisition.
• Critical accounting estimates are those estimates that involve a significant level of estimation uncertainty and have had, or are reasonably likely to have, a material impact on our financial condition or results of operations.
• To the extent that there are differences between these estimates, judgments or assumptions and actual results, our financial statements will be affected.
• Our international operations have provided, and are expected to continue to provide, a significant portion of each of our businesses’ revenues and expenses.
• As a result, each of our businesses’ revenues and expenses and our total revenues and expenses will continue to be affected by changes in the U.S.
• Our cloud and software expenses have grown in recent periods, and we expect this trend to continue during fiscal 2027 and in the next few fiscal years as we increase our existing data center capacity and establish data centers in new geographic locations in order to meet current and expected customer demand.
• We intend to continue to invest significantly in our research and development efforts because, in our judgment, they are essential to maintaining our competitive position.
• new · We expect to incur additional restructuring expenses in future periods due to the initiation of new restructuring plans or from changes in estimated costs associated with existing restructuring plans.
• new · We expect to consume the products and services subject to these commitments in the normal course of business.

Oracle's latest quarter

Questions

Did Oracle raise or lower its guidance?

Oracle (ORCL) reaffirmed its guidance on Oct 28, 2026: Revenue +35% for long-term; Operating margin 40% for long-term; EPS $21.00 for long-term; Free cash flow $30.0B for FY2028.

What does Oracle expect?

We expect to incur additional restructuring expenses in future periods due to the initiation of new restructuring plans or from changes in estimated costs associated with existing restructuring plans. We expect to consume the products and services subject to these commitments in the normal course of business. Further, in the event that we do not expect to consume all of the products we are obligated to purchase pursuant to the terms of these agreements, we may sell the excess products in the open market.

Open the interactive view →

Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.