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Sentiment · FY2026 Q4
What companies say about each other on earnings calls — extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“Meta, Microsoft, Oracle, and xAI are building gigawatt AI factories with Spectrum X Ethernet switches.”
Oracle is named among hyperscalers building gigawatt AI factories with NVIDIA Spectrum X networking.
“back in January of this year, OpenAI with Oracle and SoftBank announced Stargate, which was a $500 billion project to build out data centers over the next number of years.”
Oracle is an equity/build partner in the $500 billion Stargate data-center project, a read-through on Oracle's data-center buildout exposure.
“including leading technology companies like IBM and Oracle”
Oracle is cited as a marquee SASE customer among Palo Alto's Fortune 500 base.
“Large CSPs were some of the first to stand up Blackwell, with Azure, GCP, AWS, and OCI, bringing GV200 systems to cloud regions around the world to meet surging customer demand for AI.”
Oracle's OCI was among the first large cloud providers to deploy Blackwell systems, reflecting strong early hyperscaler demand for NVIDIA's newest platform.
“We have nine out of the top 20 doing EDC now and about half came from - there was Oracle and Medidata about half came from each.”
Veeva says roughly half of its EDC wins among top-20 pharma customers have come at Oracle's expense as clients consolidate onto Veeva's integrated clinical platform.
“We also announced new or deepened strategic partnerships through the year, with AMD, Anthropic, AWS, Microsoft, OpenAI, and Oracle.”
IBM names Oracle among the strategic partnerships it announced or deepened during the year, a read-through on the IBM-Oracle relationship.
“Vantage data centers have signed on to develop facilities for Oracle and OpenAI on approximately 1,900 acres.”
Oracle is an anchor tenant for the Vantage-developed data center campus in WEC's service area, a read-through on Oracle's cloud/data center capacity expansion.
“On Athene's balance sheet, we have de minimis exposure of 0.5%, which is virtually all IG rated with hyperscalers such as Microsoft and Oracle.”
Apollo's Athene software exposure is de minimis and largely investment-grade hyperscaler debt including Oracle.
“Some of which is OCI, the Oracle Cloud, but some of it is really AI, fully AI-based.”
Arista reclassified Oracle into its AI/specialty segment given Oracle's dual OCI cloud plus fully AI-based buildout, signaling Oracle's growing AI infrastructure spend.
“this Oracle deal gives our existing customers $300 million annually of affordability benefits once they reach the full ramp.”
Oracle is DTE's first 1.4 GW data center customer; the contract yields $300M annual affordability benefit, a read on Oracle data-center buildout.
“I was thinking sort of like Oracle, but they're bringing on these huge AI training data centers, which are just come all online, but that's not how your business is.”
An analyst contrasts Oracle's large AI training data-center buildout with Akamai's more distributed, gradually-ramping inference compute model.
“Oracle announced the world's first Zettascale AI Cloud computing clusters that can scale to over 131,000 Blackwell GPUs to help enterprises train and deploy some of the most demanding next-generation AI models.”
Oracle built a record-scale Blackwell GPU cloud cluster (131,000+ GPUs), a major AI infrastructure commitment for Oracle Cloud.
“TikTok US completed the separation of its US data operations from ByteDance into an independent company in which Oracle Corporation now holds a 15% equity stake along with a seat on the board.”
Oracle took a 15% equity stake and board seat in the newly independent TikTok US company, an equity-method investment additive to its financials while it continues as technology vendor.
“Lockheed Martin selected OCI high-performance compute to scale AI across their environments efficiently.”
Lockheed Martin is cited as a new OCI infrastructure customer win, using Oracle compute to scale AI.
“The JM Smucker Company selected Fusion ERP and EPM.”
J.M. Smucker is cited as a new Oracle Fusion applications customer win in the quarter.
“These are three products that salesforce.com does not have.”
Oracle positions its new AI-built CX applications and full stack as capabilities Salesforce lacks, framing Salesforce as behind in AI-era CX.
“Memorial Hermann Health System selected Fusion ERP, SCM, and HCM. This was a win over Workday.”
Oracle cites multiple Fusion applications wins taken directly from Workday, framing Workday as losing back-office SaaS deals to Oracle.
“We continually offer the latest in accelerators, from the most recent NVIDIA and AMD options to emerging designs from companies like Cerebras and PowerCharm.”
AMD is one of the accelerator suppliers Oracle offers in its AI infrastructure, alongside NVIDIA and emerging designs.
“if you look forward to GTC from NVIDIA next week, you will see an announcement from them.”
Oracle relies on NVIDIA accelerators for its AI infrastructure and points to NVIDIA's GTC announcements as central to inference latency innovation.
“We delivered significant growth with AWS, beginning Q3 with two AWS regions live, exiting Q3 with eight AWS regions live; we will exit Q4 with 22 AWS regions live.”
AWS is scaling as an Oracle multicloud database partner, with live regions growing from two to a planned 22, representing incremental cloud demand routed through Amazon's cloud.
“We created our multicloud partnerships with first Microsoft, then Google, and finally Amazon to bring the best database platform to all clouds.”
Google Cloud is one of Oracle's multicloud database partners, with 14 regions live, expanding the reach of Oracle Database into Google's cloud.
“We now have 33 regions live with Microsoft and 14 live with Google.”
Microsoft Azure is a core multicloud partner for Oracle Database, with Oracle reporting broad region coverage that turns Oracle database demand into deployments in Azure.
“We recognized a pretax gain of $2.7 billion in the quarter, stemming from the sale of our interest in Ampere.”
Oracle recognized a $2.7B pretax gain from selling its equity interest in Ampere.
“So you can buy the Oracle database at Google or Amazon, that it's available at Microsoft Azure.”
Oracle Database is available multi-cloud inside Google Cloud; multi-cloud consumption up 817% YoY.
Oracle achieved its first 20%+ organic revenue and EPS growth in 15 years, delivering Q3 results highlighted by AI infrastructure revenue up 243% and multi-cloud database revenue up 531% year-over-year. The TikTok US equity investment was announced, and a $50 billion financing program was launched. AI gross margin exceeded guidance at 32%. The application suite showed momentum with AI agents. Management noted the company was overdelivering on FY26 and constantly raising FY27 forecasts.
Cloud & AI | Competitive Dynamics | Capex Investment | Demand | Margin | Revenue Growth | Product Launch | Innovation & R&D | |
|---|---|---|---|---|---|---|---|---|
| 2025Q2 | 5 | 3 | 2 | 2 | 1 | 1 | 1 | 1 |
| 2025Q3 | 6 | 3 | 1 | 2 | 2 | 1 | ||
| 2025Q4 | 5 | 1 | 1 | 1 | 1 | 2 | 1 | |
| 2026Q1 | 4 | 2 | 1 | 2 | 1 | |||
| 2026Q2 | 4 | 2 | 2 | 2 | 1 | |||
| 2026Q3 | 5 | 2 | 2 | 1 | 1 | 1 | ||
| 2026Q4 | 2 | 1 | 3 | 3 | 2 | 2 | 1 |
| '25Q2 | '25Q3 | '25Q4 | '26Q1 | '26Q2 | '26Q3 | '26Q4 | |
|---|---|---|---|---|---|---|---|
| Cloud & AI | 5 | 6 | 5 | 4 | 4 | 5 | 2 |
| Competitive Dynamics | 3 | 3 | 1 | 2 | 2 | 2 | 1 |
| Capex Investment | 2 | 1 | 1 | 1 | 2 | 2 | 3 |
| Demand | 2 | 2 | 1 | 2 | 1 | 3 | |
| Margin | 1 | 1 | 1 | 2 | 1 | 2 | |
| Revenue Growth | 1 | 2 | 2 | 2 | |||
| Product Launch | 1 | 1 | 1 | 1 | |||
| Innovation & R&D | 1 | 1 | 1 |
| Analyst | Firm | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| John DiFucci | Guggenheim | 8 (25%) |
| Brad Zelnick | Deutsche Bank | 8 (13%) |
| Mark Moerdler | Bernstein | 7 (29%) |
| Raimo Lenschow | Barclays | 4 (25%) |
| Siti Panigrahi | Mizuho Securities | 3 (0%) |
| Kirk Materne | Evercore ISI | 3 (0%) |
| Alex Zukin | Wolfe Research | 3 (0%) |
| Derrick Wood | TD Cowen | 2 (0%) |
| Ben Reitzes | Melius Research | 2 (50%) |
| Firm | Analysts | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Guggenheim | 1 | 8 (25%) |
| Deutsche Bank | 1 | 8 (13%) |
| Bernstein | 1 | 7 (29%) |
| Barclays | 1 |
| 4 (25%) |
| Evercore ISI | 1 | 3 (0%) |
| Mizuho Securities | 1 | 3 (0%) |
| Wolfe Research | 1 | 3 (0%) |
| Melius Research | 1 | 2 (50%) |
| Company | Score | Trend | Rev YoY |
|---|---|---|---|
ORCL Oracle Corporation | 9 | +20.6% | |
| ADBE Adobe Inc. | 9 | +12.7% | |
| AKAM Akamai Technologies | 6 | +5.8% | |
| CPAY Corpay | 8 | +25.4% | |
| CRWD CrowdStrike | 10 | +25.6% | |
| CRWV CoreWeave, Inc. Class A Common Stock | 8 | +111.7% | |
| FFIV F5, Inc. | 8 | +11.0% | |
| FTNT Fortinet | 10 | +20.1% | |
| GDDY GoDaddy | 7 | +6.1% | |
| GEN Gen Digital | 6 | +27.0% | |
| MSFT Microsoft Corporation | 8 | +18.3% | |
| NET Cloudflare, Inc. | 10 | +33.5% | |
| PANW Palo Alto Networks | 9 | +31.1% | |
| PLTR Palantir Technologies | 10 | +84.7% | |
| SNPS Synopsys | 7 | +41.9% | |
| VRSN Verisign | 7 | +6.6% | |
| XYZ Block, Inc. | 8 | +4.9% | |
| ZS Zscaler | 9 | +25.4% |