Oracle stock gains on cloud growth and fiscal 2025 results

Oracle Corp (US68389X1054) is anchored by fiscal 2025 revenue of $57.4 billion and a remaining performance obligation of $130 billion, two figures that frame the stock’s current valuation debate. The company also reported fourth-quarter fiscal 2025 revenue of $15.9 billion, up 11% from a year earlier, according to Oracle.

Fiscal 2025 revenue at $57.4 billion

Oracle said fiscal 2025 total revenue reached $57.4 billion, while cloud revenue rose to $24.4 billion for the year. Cloud infrastructure revenue increased 52% in fiscal 2025, a comparison that matters because it shows where Oracle’s growth is still concentrated.

The margin picture also remains relevant. Oracle reported fiscal 2025 operating income of $17.8 billion, while non-GAAP operating income reached $22.1 billion, giving investors a clear read on how cloud expansion is feeding through to profitability.

Cloud infrastructure grew 52%

Oracle’s remaining performance obligation, or RPO, climbed to $130 billion in fiscal 2025, up 41% year on year. That backlog figure is useful because it links current demand to future revenue visibility.

On 20 July 2026, Oracle stock traded on the New York Stock Exchange, and the market still tends to focus on whether cloud growth can keep outrunning the legacy software base. The quarter-to-quarter comparison is straightforward: fourth-quarter fiscal 2025 revenue of $15.9 billion was up 11% from the same quarter a year earlier.

Cloud backlog drives visibility

Oracle’s fiscal 2025 cloud revenue of $24.4 billion was up from the prior year, and the 52% increase in cloud infrastructure revenue underlines that this is still the fastest-growing part of the business. The reported $130 billion RPO is the clearest evidence that demand is not limited to one quarter.

For investors, the key point is the mix. Oracle’s fiscal 2025 operating income of $17.8 billion and non-GAAP operating income of $22.1 billion show that the company is still converting growth into earnings rather than sacrificing profitability for scale.

Oracle Cloud Infrastructure

Oracle Cloud Infrastructure remains the product line most closely tied to the growth story. The fiscal 2025 cloud infrastructure revenue increase of 52% is the standout metric, while the company’s broader cloud revenue base of $24.4 billion shows the category has become material to the overall group.

That product momentum matters because Oracle’s annual report now gives investors three checkpoints at once: revenue, profitability, and backlog. The combination of $57.4 billion revenue, $17.8 billion operating income, and $130 billion RPO in fiscal 2025 is the most useful snapshot for reading the stock.

New York listing and valuation

Oracle stock traded on the New York Stock Exchange on 20 July 2026, and the company’s latest fiscal 2025 numbers remain the main reference point for valuation. The share price line is best read against the annual scale of $57.4 billion in revenue and the $130 billion backlog rather than against a single-day narrative.

Oracle Corp’s business profile is now defined less by old software stability than by cloud growth, backlog, and margin retention. Those three factors were visible in fiscal 2025 and continue to frame the market’s view of the shares.