Companies and people · Data centers and energy · Oracle
Oracle’s quarterly capital spending hit $28 billion and free cash flow turned negative
The company’s AI cloud backlog reached $664 billion while free cash flow came in at minus $5 billion. Against heavy data center spending it carries roughly $117 billion in bonds. The swing in Ellison’s fortune traces straight back to this picture.
Sources
- Oracle, “Oracle Announces Q1 Results Driven by Triple Digit Growth in Cloud Infrastructure Revenues”, quarterly earnings press release, (oracle.com)
- Oracle (SEC), SEC Form 10-Q for the quarter ended August 31, 2026, (sec.gov)
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This story was posted on Instagram by @jarrus.tech on Sept. 15, 2026.
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This story in Turkish: Oracle’ın çeyreklik yatırım harcaması 28 milyar dolara çıktı, serbest nakit akışı eksiye döndü
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