Oracle caps new financing at $20B through FY 2030, sees free cash flow positive by H2 FY 2028
Oracle told investors it will cap new financing at $20B through fiscal 2030 and expects free cash flow to turn positive in the second half of fiscal 2028 and exceed $30B in fiscal 2029, per Reuters. Capital spending is set to peak this fiscal year and next as it builds cloud capacity. Shares jumped more than 11% on the guidance.
Source:
Reuters: https://www.reuters.com/business/oracle-expects-turn-cash-flow-positive-second-half-fiscal-2028-2026-10-28/
Not financial advice. For informational and educational purposes only.
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