Oracle Corporation's fiscal third quarter results, covering the period ending 28 February 2026, were the subject of recent coverage on this platform [Brief - 2026-05-24]. That coverage noted sustained demand across Oracle's cloud services and database segments, reflecting the company's continued presence in enterprise technology infrastructure. The fiscal Q3 2026 period has drawn attention from institutional investors, as reflected in the ownership changes detailed below.
As of the quarter ending 28 February 2026, Oracle reported trailing twelve-month revenue of $64.08 billion, representing year-over-year growth of 21.66%. Net income on a TTM basis stood at $16.21 billion, with a net margin of 25.30% and an operating margin of 30.56%. Gross margin was recorded at 37.94%. EPS grew 24.51% year-over-year. The company held $38.46 billion in cash against total debt of $7.27 billion. Market capitalisation was approximately $649.1 billion, with a price-to-earnings ratio of 40.54 [SEC 10-Q - ORCL - 2026-02-28].
Several notable institutional position changes were recorded in the most recent 13F filings. Millennium Management added 43% to its existing ORCL position, while Soros Fund Management opened a new position in the stock [SEC 13F - Millennium - Q1 2026] [SEC 13F - Soros Fund Mgmt - Q1 2026]. Conversely, Citadel reduced its position by 7.5% and Bridgewater Associates reduced its holdings by 15% [SEC 13F - Citadel - Q1 2026] [SEC 13F - Bridgewater - Q1 2026]. No insider transaction data was included in the current data set for this reporting period.
The prevailing macro environment shows the 10-year US Treasury yield at 4.45% and the 2-year yield at 3.99%, producing a normal yield curve with a spread of 46 basis points [FRED DGS10] [FRED DGS2]. This rate environment forms part of the broader context in which large-cap technology valuations and institutional positioning decisions have been occurring during the period covered by this report.
This report was generated in response to material institutional position changes identified across multiple large hedge fund filers, specifically the combination of a significant addition by Millennium Management, a new position from Soros Fund Management, and reductions from both Citadel and Bridgewater, all coinciding with Oracle's fiscal Q3 2026 reporting period.