SaaS Metrics School

Oracle Stock Jumps Over 30% Based On This One Metric


Listen Later

Oracle’s stock recently jumped 37% — and the driver wasn’t just revenue growth or earnings per share. The market reacted to one SaaS metric: RPO (Remaining Performance Obligations), which surged 359% year-over-year.

In episode #312, Ben Murray explains the RPO metric, how it’s calculated, and why investors are paying close attention to it. From Oracle’s $455B backlog to Snowflake’s disclosure practices, you’ll learn why this metric is becoming more important for both public and private SaaS companies.

If you want to improve your investor metrics and maximize your company valuation, RPO should be on your radar.

What You’ll Learn

  • What RPO is (Remaining Performance Obligations) and how it’s calculated.
  • Why RPO is a leading indicator of future revenue and business model stickiness.
  • How Oracle’s massive RPO growth drove its stock surge.
  • How public companies like Snowflake define and disclose RPO.
  • Why private SaaS companies should start tracking RPO alongside ARR, MRR, and retention.
  • How RPO supports investor confidence in fundraising and exit conversations.
  • Why It Matters for SaaS Operators & Investors

    • Investor metrics such as RPO create visibility into future revenue streams.
    • RPO growth signals stronger customer commitment and drives higher valuations.
    • Private SaaS companies can use RPO as a complement to retention metrics when preparing for fundraising.
    • Resources Mentioned

      📄 Blog Post: What is RPO? (Includes free template download): https://www.thesaascfo.com/understanding-remaining-performance-obligations-in-saas/

      🎓 SaaS Metrics Course – Learn how to calculate and present SaaS metrics that matter to investors: https://www.thesaasacademy.com/the-saas-metrics-foundation-course-community-phased

      Quote from Ben

      “RPO is a SaaS metric that gives investors visibility into the future. If Oracle can move its stock with RPO, you should consider tracking it too.”

      Disclaimer:
      This discussion is for informational and educational purposes only. Nothing in this episode should be taken as financial advice or a recommendation to buy, sell, or hold any stock, including Oracle. Always do your own research and consult with a licensed financial advisor before making investment decisions.

      ...more
      View all episodesView all episodes
      Download on the App Store

      SaaS Metrics SchoolBy Ben Murray

      • 4.6
      • 4.6
      • 4.6
      • 4.6
      • 4.6

      4.6

      11 ratings


      More shows like SaaS Metrics School

      View all
      The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

      The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

      534 Listeners

      The Official SaaStr Podcast: SaaS | Founders | Investors by SaaStr

      The Official SaaStr Podcast: SaaS | Founders | Investors

      172 Listeners

      WSJ What’s News by The Wall Street Journal

      WSJ What’s News

      4,354 Listeners

      a16z Podcast by Andreessen Horowitz

      a16z Podcast

      1,086 Listeners

      CFO THOUGHT LEADER by The Future of Finance is Listening

      CFO THOUGHT LEADER

      128 Listeners

      The SaaS Podcast - SaaS, Startups, Growth Hacking & Entrepreneurship by Omer Khan

      The SaaS Podcast - SaaS, Startups, Growth Hacking & Entrepreneurship

      184 Listeners

      Founders by David Senra

      Founders

      2,104 Listeners

      Equity by TechCrunch, Rebecca Bellan, Kirsten Korosec, Anthony Ha, Max Zeff, Theresa Loconsolo

      Equity

      339 Listeners

      Y Combinator Startup Podcast by Y Combinator

      Y Combinator Startup Podcast

      233 Listeners

      Wall Street Breakfast by Seeking Alpha

      Wall Street Breakfast

      1,032 Listeners

      Morning Brew Daily by Morning Brew

      Morning Brew Daily

      2,998 Listeners

      The Prof G Pod with Scott Galloway by Vox Media Podcast Network

      The Prof G Pod with Scott Galloway

      5,467 Listeners

      All-In with Chamath, Jason, Sacks  Friedberg by All-In Podcast, LLC

      All-In with Chamath, Jason, Sacks Friedberg

      9,807 Listeners

      Prof G Markets by Vox Media Podcast Network

      Prof G Markets

      1,331 Listeners

      The SaaS CFO by Ben Murray

      The SaaS CFO

      4 Listeners