Oracle: The backlog of $500 billion compared to the debt of $125 billion

Oracle: The backlog of 0 billion compared to the debt of 5 billion

By David Beren
Publication Date: 2026-04-03 17:54:00

  • Oracle (ORCL) achieved total organic revenue and non-GAAP EPS growth of more than 20% in the same quarter for the first time in 15 years. IaaS revenue increased 84% to $4.888 billion. However, the company is now taking on $50 billion in debt to finance data center expansion while facing a free cash flow deficit of $24.736 billion and cutting 18% of its workforce.

  • Oracle’s $553 billion backlog of remaining performance obligations poses significant concentration risk, with $300 billion tied to OpenAI – a company with just $25 billion in annual revenue and mounting losses – while U.S. banks have scaled back funding due to debt repayment concerns.

  • A recent study identified a single habit that doubled Americans’ retirement savings and turned retirement from a dream to a reality. Read more here.

oracle (NYSE:ORCL) has seen a staggering drop in valuation and is currently trading at $146.38, down 58% from its 52-week high of $345.72. Despite the share price collapse, the company’s fundamentals are showing…