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Oracle's remaining performance obligations — the cloud contracts it has signed but not yet delivered — jumped by $209 billion over the past year to close its fiscal 2027 first quarter, ended 31 August 2026, at a record $664 billion in Oracle's contracted cloud backlog

SourceOracle Corporation·Q1 FY2027 (ended 31 Aug 2026)

Verified 2026-09-12

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$664 billion in Oracle's contracted cloud backlog