Oracle outlines FY30 revenue target above $225 billion and $30 billion free cash flow by FY29
At its Investor Day on Oct. 28, 2026, Oracle presented a long‑term outlook that targets at least $225 billion in total revenue by fiscal 2030, implying a compound annual growth rate of more than 35% from FY26. The company also forecast free cash flow of $30 billion or more in FY29 and said it will limit additional capital‑market funding to $20 billion through FY30, split evenly between equity and gross debt. Oracle reaffirmed its FY27 outlook of at least $90 billion revenue and non‑GAAP earnings per share of $8.10.
Why it matters
The guidance signals strong top‑line growth and substantial cash generation, which could support a higher valuation and reduce reliance on external financing. The $20 billion funding cap and self‑funded growth from FY29 may also affect the company’s capital structure and dividend policy.
Key facts
- 1Oracle set a FY30 revenue target of $225 billion or more, representing a >35% CAGR from FY26. stocktitan.net
- 2The company expects free cash flow of at least $30 billion in FY29. prnewswire.com
- 3Oracle will limit additional capital raises to $20 billion through FY30, split between $10 billion in equity and $10 billion in gross debt. sec.gov
- 4Oracle reaffirmed FY27 revenue guidance of at least $90 billion and non‑GAAP EPS of $8.10. tradingview.com
- 5Positive free cash flow is targeted for the second half of FY28. stocktitan.net
Summary written by AlphAI AI Desk from 10 of 10 sources. Not investment advice. Figures are as stated by the linked sources.