Oracle: capex was 161% of operating cash flow over the last four quarters to 2026 Q3, up from 127% a year earlier
Free cash flow after capex -$28.7B · Capex up 176% and operating income up 28% on the four quarters before · Contracted backlog up 46% on a year earlier · Backlog is the company's own filed figure for signed, undelivered contracts
Companies/Indices · What the spending is buying · SEC 10-Q and 10-K filings (cash flow statements) · 29 Sep 2026
Companies named: ORCL