Oracle yet to sign Stargate contract, Ellison says deal is coming “fairly soon”

Oracle yet to sign Stargate contract, Ellison says deal is coming “fairly soon”

Oracle has yet to sign any contracts related to the Stargate project, said CTO and chairman Larry Ellison during the company’s Q3 2025 earnings call.

Ellison revealed that the company has seen $130 billion in remaining performance obligation (RPO) this quarter, despite not yet signing a contract with Stargate, adding that the company expects to sign its first “large Stargate contract fairly soon.”

That RPO – contracted revenue for products or services yet to be delivered to the customer – is…

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