ORACLE CORP files 8-K: Regulation FD disclosure

Oracle Investor Day 2026: Accelerating Value Creation

• Set long-term outlook for FY30 of $225 billion+ in total revenue, representing more than 35% CAGR from FY26, non-GAAP operating margin of 40%+ and non-GAAP EPS $21+.

• Defined timeline to positive free cash flow during the second half of FY28 and set free cash flow target of $30 billion+ for FY29.

• Committed to limiting additional capital raises through FY30 to $20 billion, excluding refinancing of existing debt, split between $10 billion in equity and $10 billion in gross debt.

• Confirmed that growth will be self-funded beginning in FY29 and net debt to adjusted EBITDA will be below 3.5 times in FY29.¹

AUSTIN, Texas, October 28, 2026 — Oracle Corporation (NYSE: ORCL) today hosted an

Investor Day in Las Vegas, NV. At the event co-CEO Clay Magouryk, co-CEO Mike Sicilia and CFO Hilary Maxson presented and responded to questions about the company’s strategy and updated medium-term financial guidance.

At its Investor Day, Oracle described how its unique portfolio positioning across cloud infrastructure, database and applications is expected to drive total revenue growth of more than 35% CAGR from FY26 through FY30, reaching total revenue of $225 billion or more in FY30. It also outlined its expectations for strong profitability and free cash flow generation from each of its three business models. Following a period of peak capex in FY27-FY28, capital expenditures are expected to step-down in FY29, supporting positive free cash flow of at least $30 billion in FY29.

Oracle committed to limiting additional funding to be raised in the capital markets for its FY27-FY30 investment cycle to $20 billion, currently expected to be

$10 billion in equity and $10 billion in gross debt. This incremental funding requirement excludes refinancing of existing debt. This is in addition to the $20 billion at-the-market equity raise completed in the first quarter of fiscal 2027. Vendor financing, customer-provided hardware and customer prepayments are expected to reduce upfront cash requirements through the transition to positive free cash flow.

Oracle reaffirmed its fiscal 2027 outlook for total revenue of at least

$90 billion and non-GAAP earnings per share of $8.10. The company’s capital allocation priorities remain maintaining investment-grade credit ratings, paying a dividend and funding growth opportunities.

The Investor Day presentations and webcast replay will be available on the Oracle Investor Day website .

1. Net debt includes borrowings, vendor financing, and operating and finance lease liabilities, less cash and marketable securities. Adjusted EBITDA is based on

Oracle’s reported non-GAAP results, with depreciation and operating lease expense added back.