Oracle's quarterly capex hit 147% of revenue as data-centre build-out drove free cash flow to -$5.4B

Oracle spent $28.5B on data centres last quarter, capital expenditure equal to 147% of its $19.35B revenue and up from $8.5B a year earlier, leaving free cash flow at negative $5.4B. The company carries $125B of debt plus $288B in lease commitments.

Detected & updated continuously · Source: Nebula