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Oracle Corporation (ORCL) earnings date & stock reaction

Oracle Corporation · IT

Oracle Corporation earnings date & time

Next earningsThu, December 10 around 4:00 PM ET, after the closescheduled

Schedule

Korea time (KST)
Fri, December 11
Reporting pattern
12 of last 12 after close
Typical move
±11.5% · 12-report avg

What the market expects

Consensus EPS

$1.89Coming in above this counts as a beat

Year-ago quarter
$2.26→-16.4%
Guided EPS
$1.92→$1.89-1.6%
Full earnings calendarFrom an earnings calendar
Latest reportJun–Aug 2026 results· September 10, 2026 reported
EPS consensus $1.74 → $1.92 ▲ +10.4% beatRev $19.3B
Post-earnings price move
Next-day move
-1.7%
After 5 days
-1.5%
Price around earnings
Around this report
Overlapped CPI releaseA major data release (CPI, jobs) came out around this report. On those days the whole market moves, so the reaction may be mixed with the data.Sector peer MongoDB Inc. Class A (9/1): beat, yet stock -13.5%A same-industry peer, MongoDB Inc. Class A, reported within the 10 days before this one (9d earlier). How the market took it (next-day move -13.5%) is the best read on the sector mood. A beat that still fell means the bar was high, so this stock may face similar pressure.
Earnings callExplosive growth in cloud infrastructure and accelerated performance
“If I had to describe this quarter in one word, I think it would be acceleration. As we are seeing an acceleration in execution across the company, translating into our top and bottom line results.”
· Hilary Maxson, CFO
“We closed more than $30 billion of additional AI contracts in Q1 without requiring additional capital from Oracle. Our ability to operate a large multi-tenant fleet remains a significant advantage.”
· Clay Magouyrk, CEO of OCI
Positives
  • ▲Record growth in cloud infrastructure
    • Cloud Infrastructure (IaaS) revenue reached $7.4 billion this quarter, up 121% vs last year.
    • Surging AI cloud demand added $30 billion in new contracts, expanding RPO to $664 billion.
  • ▲Improved profitability and cash flow
    • Non-GAAP operating income rose to $8.2 billion, up 31% vs last year.
    • Operating cash flow reached a record $23 billion, an increase of 184% vs last year.
  • ▲Upward revision of annual guidance
    • Based on strong execution, the company raised its full-year fiscal 2027 revenue outlook to at least $90 billion.
    • Non-GAAP EPS guidance was set at $8.10, reflecting confidence in continued growth.
Concerns
  • ▼Negative free cash flow due to heavy investment
    • Due to massive investments in data center expansion, free cash flow was negative $5 billion this quarter.
    • Annual CapEx is projected at $90 billion to $95 billion, indicating continued cash outflow.
  • ▼Decline in legacy software revenue
    • Software revenue fell 3% vs last year to $5.5 billion as customers continue to migrate from on-premises to the cloud.
Based on the Sep 10, 2026 earnings-call transcript. Quotes are verbatim.

Oracle Corporation (ORCL) rose the day after earnings in 6 of its last 12 reports (50%), moving ±11.5% on average. It has fallen despite beating the consensus estimate 4 times.

Up next day
6/12
50%
Fell despite growth
6/12
Good earnings ignored
Price when beating
+0.1%
avg over 7 beats
Price when missing
+5.1%
avg over 2 misses
Avg earnings move
±11.5%
typical swing on earnings
Biggest single move
+36.0%
'25.9 · largest reaction
🔑What actually moves this stock?

Even when EPS beat expectations, the stock fell 4 of the last 7 times. The number alone doesn't move it.

What really matters here
How fast OCI cloud grows + backlog (RPO) and capex
In finance terms: OCI growth · RPO · capex
Growth · 클라우드 (YoY by quarter, latest right)
+28%
25-09
+34%
25-12
+44%
26-03
+47%
26-06
Accelerating · Growth is accelerating (+28%→+47%), but this stock often falls even on strong results (4 recent times). Expectations are already high, so accelerating isn't enough. It must beat a lofty bar.
What to watch next report

When results drop, skip the EPS number. Check if the growth above holds or accelerates, and whether guidance beats expectations.

The real bar for this stock

Beating estimates isn't enough. Here's where the real surprise started.

Beat consensus 7 of 9 times
Median beat +5.7%. 4 of those beats still fell the next day.
Bigger beats didn't mean bigger gains
Surprise size and price moved separately here. Expectations, not beats, drive this stock.

How this stock reacts to earnings

Traits seen across its recent earnings reactions

Even strong results barely move the stock
Up the next day 3 of 7 beats (43%)
Reaction is erratic and hard to predict
Avg +0.1% on a beat, +5.1% on a miss
Tends to keep drifting the same way for days
Day-one direction continued · 58% of last 12
vs IT sector avg (192 peers)
This
+4.3%
Sector
+0.9%
Avg next-day reaction

Earnings number vs guidance: which drives it?

How often the beat/miss matched the actual price move

This stock reacts more to guidance & expectations than the reported number
Moved opposite to results 5 of last 9 times (56%)
4xBeat but fell
Even a beat sells off if guidance disappoints
1xMissed but rose
Even a miss rebounds if guidance reassures
Fell despite growth6/12

4/7 beats fell next day · watches OCI growth · RPO · capex

Next-day reaction
  • Aug 2026 report-1.7%
  • May 2026 report-8.5%
  • Feb 2026 report+9.2%
  • Nov 2025 report-10.8%
  • Aug 2025 report+36.0%
  • May 2025 report+13.3%

Earnings timeline · bars = next-day move, ▲▼ = beat/miss

Jun–Aug 2026 results
Reported 2026-09-10
Next-day move
-1.7%
After 5 days -1.5%
EPS consensus $1.74 → $1.92 ▲ +10.4% beatRev $19.3B
Beat by +10.4% but stock -1.7%
Price around earnings
Around this report
Overlapped CPI releaseA major data release (CPI, jobs) came out around this report. On those days the whole market moves, so the reaction may be mixed with the data.Sector peer MongoDB Inc. Class A (9/1): beat, yet stock -13.5%A same-industry peer, MongoDB Inc. Class A, reported within the 10 days before this one (9d earlier). How the market took it (next-day move -13.5%) is the best read on the sector mood. A beat that still fell means the bar was high, so this stock may face similar pressure.

Earnings trend · last 12 quarters

EPS$1.92YoY +31%
'23.12'26.9
Revenue$19.3B
'23.12'26.9

Earnings history and price reaction

Oracle Corporation across its last 12 earnings reports: EPS versus consensus, the move on the earnings day, and the cumulative move five trading days later.
Quarter endedReported (ET)vs market expectation (consensus)Earnings dayAfter 5 days
8/20262026-09-10+10.4%-1.7%-1.5%
5/20262026-06-10+7.5%-8.5%-8.8%
2/20262026-03-10+5.7%+9.2%+3.5%
11/20252025-12-10+38.0%-10.8%-20.0%
8/20252025-09-09—+36.0%+27.0%
5/20252025-06-11+3.4%+13.3%+19.6%

12 reports, quarters ending 11/2023 to 8/2026. The earnings-day move is the first trading day that reflects the report; the five-day figure is the cumulative move from that point.

Frequently asked questions

When is the next Oracle Corporation earnings date?

The next Oracle Corporation (ORCL) earnings report is expected Thu, December 10 around 4:00 PM ET, after the close. It comes from an earnings calendar and may not be a company-confirmed date; it updates automatically if it changes.

What is the consensus EPS forecast for Oracle Corporation's next earnings?

Analysts expect EPS of about $1.89 for Oracle Corporation (ORCL). Coming in above that counts as a beat, below it a miss — though a beat does not guarantee the stock rises.

Does Oracle Corporation (ORCL) stock usually go up after earnings?

Over the last 12 earnings reports, the stock rose on 6 of them (50%). The average move on earnings day was ±11.5%.

Does Oracle Corporation react more to the earnings numbers or to guidance?

In 5 of the last 9 reports (56%), the stock moved the opposite way from whether it beat or missed the forecast. A high share means guidance and expectations drive the move more than the reported numbers.

Can Oracle Corporation stock fall even when earnings are good?

Yes. In 6 of the last 12 reports, Oracle Corporation fell on the earnings day despite growing EPS. Expectations already priced in, or guidance, can matter more than the reported numbers.

Does Oracle Corporation stock keep moving after the earnings day?

Over the last 12 reports, the move continued in the same direction for the following five trading days 58% of the time. This tendency is known as post-earnings announcement drift.