Veytics Intelligence
2026-09-11 · NASDAQ

Oracle Says Its Expiring AI Contracts Are Renewing 20% Higher

Key Points Oracle says GPU capacity that came up for renewal in fiscal Q1 was renewed or resold at a 20% premium to prior contracts. Cloud infrastructure revenue grew 121% year over year to $7.4 billion, up from 93% growth the quarter before. Free cash flow was negative $5.4 billion as quarterly capital expenditures reached $28.5 billion. 10 stocks we like better than Oracle › Oracle (NYSE:ORCL) reported its fiscal first-quarter results (the period ended Aug. 31, 2026) after the market closed Thursday, and investors couldn't seem to make up their minds. Shares jumped more than 8% early Friday before giving nearly all of it back. The stock traded around $154 as of this writing, up less than 1% for the day. Its 52-week high is $329.

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