Oracle CEO Clay Magouyrk participates in a roundtable on a ratepayer protection pledge in the Indian Treaty Room of the Eisenhower Executive Office Building at the White House in Washington on March 4, 2026. Trump has summoned tech leaders to the White House to sign pledges committing their companies to foot the electricity bill for energy-hungry data centers.
Bonnie Cash | UPI | Bloomberg | Getty Images
Oracle shares rose 6% in extended trading on Tuesday after the database software maker reported quarterly results that surpassed Wall Street projections.
Here’s how the company did relative to LSEG consensus:
- Earnings per share: $1.79 adjusted vs. $1.70 expected
- Revenue: $17.19 billion vs. $16.91 billion expected
Oracle’s overall revenue grew 22% year over year in the fiscal third quarter, which ended on Feb. 28, according to a statement. Net income of $3.72 billion, or $1.27 a share, increased from $2.94 billion, or $1.02 a share, in the same quarter one year earlier. Adjusted earnings per share excludes stock-based compensation expense.
The company reported $8.9 billion in total cloud revenue, up 44% and more than the $8.85 billion consensus among analysts surveyed by StreetAccount.
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