Oracle’s QQ2 2026 results portray a resilient earnings framework underpinned by strong revenue growth and solid profitability metrics. Reported revenue of USD 16.06 billion reflects a YoY increase of approximately 20.7% and a QoQ advance of about 7.6%, signaling sustained demand for Oracle’s cloud and on-premises software offerings. Operating income reached USD 4.73 billion and net income USD 6.14 billion, with earnings per share of USD 2.15 (diluted USD 2.10) on about 2.845 billion diluted shares. The EBITDA of USD 3.02 billion implies meaningful operating cash generation, though the period also includes a sizable “other expenses” line of USD 10.27 billion that warrants closer scrutiny for one-time items, non-cash charges, or accounting treatments. Net margins were strong at roughly 38.2%, consistent with the reported net income yield given the revenue base. Management commentary (where available) typically emphasizes cloud expansion (Fusion Cloud ERP, NetSuite, Oracle Cloud Infrastructure) and the monetization of the installed base, which we expect to translate into sustained ARR growth and potential margin leverage as the cloud mix matures. However, a complete assessment of balance sheet health and cash flow requires disclosure of cash conversion, working capital dynamics, and any capital allocation actions, which are not provided in the current data set. Overall, Oracle remains a leading multi-cloud software infrastructure player with significant optionality from OCI, autonomous database capabilities, and industry-specific solutions. Investors should monitor cloud revenue mix, cost discipline in non-operating items, and progression toward higher operating leverage over time.