Oracle called this its best quarter in 15 years — its free cash flow just hit negative $24.7 billion
Oracle called the third quarter of fiscal 2026 its best in 15 years with revenue up 22% to $17.2 billion and cloud infrastructure up 84% to $4.9 billion. The market rejoiced, sending the stock up nearly 10% in after-hours trading on Tuesday. Despite the market’s ebullience, the enterprise software giant is blowing through cash at…
