Oracle’s $664 Billion RPO Extends Across Multiple Years

Oracle reported $664 billion in companywide remaining performance obligations as of Aug. 31, while quarterly capital expenditures exceeded operating cash flow and 13% of the balance is expected to become revenue within a year. Remaining performance obligations (RPO) are contracted revenue that a company has not yet recognized. Oracle’s total rose $209 billion from a year earlier. It also booked more than $30 billion in new AI cloud contracts during its fiscal first quarter, but the $664 billion RPO covers the company’s overall business, not AI alone.

Source: TokenPost