Oracle’s Cloud Momentum Accelerates with Game-Changing Deal
Oracle has just made waves in the tech world — again.
In a recent SEC filing, Oracle disclosed a cloud services agreement that could bring in over $30 billion annually starting in fiscal 2028. The news sent Oracle shares soaring to an all-time high, jumping 4% in a single day and contributing to a remarkable 33% stock gain year-to-date.
The deal, expected to be formally announced by CEO Safra Catz during a company meeting, highlights the rapid growth of Oracle’s multicloud database services, which Catz noted are growing at over 100% annually.
“Oracle is off to a strong start in FY26… and we signed multiple large cloud services agreements including one that is expected to contribute more than $30 billion in annual revenue starting in FY28.”
— Safra Catz, Oracle CEO (via SEC filing)
Why It Matters: Oracle Is Emerging as a Cloud and AI Powerhouse
This isn’t just about a big contract — it’s about a shift in Oracle’s long-term trajectory.
Oracle’s cloud strategy is paying off, thanks in part to its multicloud approach, aggressive AI infrastructure investments, and unique positioning in the enterprise database and SaaS markets. The company’s recent AI ventures — including the Stargate partnership with OpenAI and SoftBank, and a strategic collaboration with IBM — are cementing Oracle’s role as a major player in the AI arms race.
Meanwhile, its partnerships with governments and global corporations are unlocking demand for sovereign cloud and industry-specific AI models — areas where Oracle has an edge.
What’s Next? A Future Fueled by Long-Term Cloud and AI Growth
Although the $30B revenue stream won’t hit until FY28, it reflects serious confidence in Oracle’s pipeline and capabilities. Crucially, this deal does not affect Oracle’s FY26 guidance, meaning it’s additive — not reactive.
This milestone is also a clear signal to enterprises betting on AI and digital transformation: Oracle is no longer playing catch-up in the cloud — it’s defining its own lane.
