Oracle set a fiscal 2030 revenue target of at least $225 billion on October 28, presenting an updated financial outlook at its investor day in Las Vegas.
The company projects annualized revenue growth above 35% from fiscal 2026 through fiscal 2030. It also targets an adjusted operating margin of at least 40% and adjusted earnings of at least $21 per share in fiscal 2030.
Oracle expects positive free cash flow during the second half of fiscal 2028 and at least $30 billion in fiscal 2029, following peak capital spending in fiscal 2027–28.
The company said it would limit additional capital-market funding to $20 billion through fiscal 2030, excluding refinancing. It expects half in equity and half in gross debt. That is additional to a $20 billion equity raise completed in fiscal 2027’s first quarter.
Oracle maintained its fiscal 2027 forecasts of at least $90 billion in revenue and $8.10 in adjusted earnings per share. These figures are management forecasts, and adjusted measures differ from standard accounting results.
Sources Oracle investor day announcement: https://www.prnewswire.com/news-releases/oracle-investor-day-2026-accelerating-value-creation-302922564.html