From The Motley Fool · Will Healy · · 50s
Oracle's $664 Billion Backlog Hides Real Growth
Oracle's $664 billion backlog could drive growth even without OpenAI.
In brief
Oracle's $664 billion backlog could drive growth even without OpenAI. Oracle's $664 billion backlog may fuel growth despite debt and OpenAI concerns. Originally reported by The Motley Fool.
Oracle's debt situation
Investors worry Oracle borrowed heavily to finance AI cloud transformation.
Backlog size and debt
Oracle has $664 billion backlog with $125 billion debt to fund AI cloud services.
OpenAI deal concerns
Nearly half of Oracle's backlog is the $300 billion OpenAI deal, raising skepticism.
Backlog growth
Backlog grew $209 billion over 12 months, two-thirds the size of OpenAI deal.
Q1 financials
Q1 2027 revenue exceeded $19 billion, 30% higher than previous year.
Profitability despite debt
Net income rose 63% to $4.8 billion despite rising interest expenses.
The takeaway
Oracle's $664 billion backlog may fuel growth despite debt and OpenAI concerns.
