By Stephen Guilfoyle
Publication Date: 2026-06-11 17:15:00
On Wednesday evening, tech giant/AI platform provider Oracle (ORCL) released the company’s fourth quarter financial results. For the three months ended May 31, Oracle reported adjusted earnings per share of $2.11 (GAAP EPS: $1.45) on revenue of $19.184 billion. Both revenue and adjusted net results beat consensus as top line figures were good for 20.6% year-over-year growth.
However, GAAP results fell just short of Wall Street’s expectations. Adjustments were made for restructuring costs, which is legitimate and serves the purpose of equity-based compensation. Oracle went public in 1986. The fact that the company still doesn’t record the expenses it incurs quarterly as ordinary operating expenses 40 years later is simply absurd. Just be honest with us, guys.
Before we begin, readers should be aware that I have criticized Oracle’s balance sheet in the past and have also criticized the fact that the company’s enormous remaining balance sheet…
