Oracle just signed one mystery customer that will double its cloud revenue in 2028

Oracle has landed a mystery customer that will add more than $30 billion to the database giant's annual revenues, more than doubling the size of its current cloud business.

"Oracle is off to a strong start in fiscal year 2026. Our multi-cloud database revenue continues to grow at over 100 percent, and we signed multiple large cloud services agreements including one that is expected to contribute more than $30 billion in annual revenue starting in fiscal year 2028," CEO Safra Catz said in a filing lodged with the US Securities and Exchange Commission on Monday.

The database giant posted $57.4 billion revenue for FY 2025, and reported $24.4 billion of cloudy revenue for the year, $10.3 billion of which came from sales of infrastructure-as-a-service.

The filing does not identify the mystery customer. However, on Oracle’s Q4 2025 earnings call founder Larry Ellison mentioned a new ...