Oracle spent $55.7B on data centres, plans to raise $40B more

This article was published on June 11, 2026 Revenue and cloud bookings topped estimates, but the stock fell 7% after hours as investors weighed the cost of Oracle’s AI infrastructure bet. TL;DROracle spent $55.7 billion on data centres in FY2026, overshooting its own $50 billion guidance. Revenue and cloud bookings beat estimates, but the stock fell 7% after hours on capex concerns and plans to raise another $40 billion. Oracle spent $55.7 billion on data centres in FY2026, overshooting its own $50 billion guidance. Revenue and cloud bookings beat estimates, but the stock fell 7% after hours on capex concerns and plans to raise another $40 billion. Oracle reported fiscal fourth-quarter revenue of $19.2 billion, up 21% year on year, and adjusted earnings of $2.11 per share, beating analyst estimates of $19.1 billion and $1.97 respectively. The numbers were overshadowed by capital expenditure that came in well above the company’s own projections. The company spent approximately $55.7 billion on capital expenditure in the fiscal year ended May 31, exceeding its previous guidance of $50 billion. Oracle now expects to spend roughly $70 billion in net capital expenditure in fiscal 2027,