Oracle's RPO backlog reaches $664B, up from $455.3B a year earlier
Oracle's remaining performance obligation backlog reached $664 billion, up from $455.3 billion in the same quarter last year and roughly 7x its level two years ago. The buildout is being framed around converting OCI capacity into durable AI demand.
Detected & updated continuously · Source: Nebula
Story subjects
Sources
@StockSavvyShay
$ORCL RPO has gone from $99B two years ago to $664B today which is nearly 7x in two years. Oracle’s buildout looks oversized relative to its revenue base but if OCI turns that capacity into durable AI demand then the market may be underestimating what Oracle is becoming. https://t.co/eFTg811VLB
@StockMKTNewz
Oracle $ORCL now has a AI backlog of $664 Billion up from $455.3B in the same quarter last year https://t.co/TxbuH77HCg