[Oracle 2026 Fiscal Year Q4 Revenue Hits $19.2 Billion, Exceeding Expectations, but Stock Drops Nearly 12% After Hours] BlockBeats News, June 11: Oracle (ORCL) announced its fiscal year 2026 fourth-quarter revenue of $19.2 billion, surpassing the market expectation of $19.095 billion. Quarterly cloud business revenue reached $9.9 billion. The company expects total revenue for the first fiscal quarter to grow by 27% to 29% year-over-year, with total cloud revenue expected to increase by 57% to 63%. Oracle projects fiscal year 2027 revenue to reach $90 billion and plans to raise approximately $40 billion through a combination of debt and equity financing. The company's CEO stated that the Abilene, Texas data center has completed 42% of its total capacity, with an additional 35% to be delivered in the next 90 days. In the fourth quarter of fiscal year 2026, Oracle signed $67 billion worth of AI infrastructure contracts, most of which include hardware or prepayments. Additionally, OpenAI announced further collaboration with Oracle to make OpenAI's cutting-edge models and Codex more accessible to Oracle Cloud Infrastructure customers. The Trump administration also announced that Oracle has secured a U.S. government contract to provide human resources software for the government. As of the time of writing, investors have reacted strongly to the company's continued large-scale AI infrastructure investments and additional financing plans. Oracle's stock dropped nearly 12% after hours, currently down 11.15%.