Oracle projects $225 billion in annual revenue by 2030

Oracle management announced its financial outlook during the 2026 Investor Day, targeting annual revenue exceeding $225 billion by fiscal year 2030. This growth projection implies a compound annual growth rate (CAGR) of more than 35% starting from fiscal year 2026.

The company also established a target for a non-GAAP operating margin of at least 40% and non-GAAP earnings per share exceeding $21 by the same period. These projections signal a significant scaling of operations as the company pivots toward its expanded cloud and data infrastructure strategy.

Financial liquidity remains a focus for the firm, which set a goal for positive free cash flow starting in the second half of fiscal year 2028. By 2030, the company aims to generate more than $30 billion in annual free cash flow. These targets reflect Oracle's attempt to transition its business model toward recurring cloud-based revenue streams.