Oracle Exceeds Expectations in Q3 2026: A Quarter of Record-Breaking Growth and Strategic Moves

Oracle Corporation has announced a remarkable third quarter fiscal year 2026, exceeding expectations across the board. The company's momentum continues to accelerate, with Q3 being the first quarter in over 15 years where both organic total revenue and organic non-GAAP EPS grew at 20% or better in USD.

According to Principal Financial Officer Doug Kehring, Oracle had a "tremendous quarter" that saw the company continue to make significant strides in its business. In January, TikTok U.S. completed the separation of its U.S. data operations from ByteDance into an independent company, with Oracle holding a 15% equity stake and a seat on the board.

There was no impact to Oracle's revenue related to the services it has been providing as technology vendor for TikTok U.S., which continued as before. However, the equity investment in the new company will be accounted for under the equity method, with Oracle recognizing its share of earnings from late January to March 31st in Q4.

Oracle also announced its intent to raise up to $50 billion in debt and equity financing, with a record-breaking $30 billion raised through bonds and mandatory convertible preferred stock within days. The company is reporting its financial results just 10 days after the last day of the quarter, despite increasing size and complexity.

Using Oracle Fusion, the company continues to close and file its financial results faster than any other in the S&P 500, providing a significant strategic advantage and an opportunity to help its customers do the same with their businesses. With this impressive performance, Oracle is solidifying its position as a leader in the technology industry.

"We had a tremendous quarter that exceeded expectations across the board," said Doug Kehring. "Our momentum continues to accelerate, and we're excited about our future prospects."

Oracle's CEOs, Larry Ellison, Clay Magouyrk, and Mike Sicilia, will be available for questions following the call. This marks another significant milestone in Oracle's history of innovation and growth.