Know-how large Oracle Company (NYSE: ORCL) on Wednesday reported larger revenues and adjusted earnings for the second quarter of 2026. Earnings topped expectations.
Complete revenues elevated to $16.10 billion within the November quarter from $14.06 billion in the identical interval a 12 months earlier, lacking Wall Avenue’s estimates. Adjusted earnings, excluding one-off objects, had been $2.26 per share within the second quarter, in comparison with $1.47 per share in Q2 2025. The underside line got here in above forecasts.
On a reported foundation, the corporate posted a web earnings of $6.14 billion or $2.10 per share for Q2, in comparison with $3.15 billion or $1.10 per share within the year-ago quarter.
“For years, Oracle has been investing in AI and constructing autonomous cloud software program. Oracle’s Autonomous Database and Autonomous Linux have been key to lowering human labor and human error in our datacenters. As a result of our datacenters are extremely automated, we will construct and run extra of them,” stated Oracle’s CEO, Clay Magouyrk.
