04:59 PM EDT, 06/11/2025 (MT Newswires) -- Oracle's (ORCL) fiscal fourth-quarter results topped Wall Street's estimates and the cloud computing company expects its revenue growth to accelerate year-on-year in fiscal 2026.

Adjusted earnings per share rose to $1.70 for the three months through May 31 from $1.63 a year earlier, compared with the FactSet-polled consensus of $1.64. Revenue increased 11% to $15.9 billion, above analysts' $15.58 billion estimate.

Shares were up 7% in after-hours trading on Wednesday.

Cloud services and license support sales advanced 14% to $11.7 billion, while the cloud license and on-premise license segment added 9% to $2.01 billion. Oracle's remaining performance obligations -- future commitments arising from contractual relationships -- surged 41% to $138 billion.

Total revenue advanced 8% to $57.4 billion in the 12 months through May.

Fiscal 2025 "was a very good year -- but we believe (2026) will be even better as our revenue growth rates will be dramatically higher," Chief Executive Safra Catz said in a statement.

Oracle expects cloud growth, including applications and infrastructure, to jump to more than 40% in fiscal 2026 from 24% in the just-ended year, Catz said. RPO is expected to more than double in 2026.

US President Donald Trump said in a Wednesday post on Truth Social that China will supply rare earths as part of a trade agreement that is subject to his approval and that of his Chinese counterpart Xi Jinping.

"Importantly Trump said that China will supply rare earths upfront to the US as part of the trade agreement, which is very important to the auto, chip, and smartphone industry which has been waiting anxiously for this dynamic to be worked out, with China producing 60% of the world's rare earths and processing almost 90%," Wedbush Securities said in a note sent to clients Wednesday morning.