$ORCL (-0.32%) Oracle Corporation reported earnings

Q2 FY2025 results ended on November 30th 2024

- Revenue: $14.1B, +9% YoY

- Net Income: $3.2B, +26% YoY

- EPS: $1.10, +24% YoY

- Cloud Revenue: $5.9B, +24% YoY

CEO Safra Catz: "Record level AI demand drove Oracle Cloud Infrastructure revenue up 52% in Q2, a much higher growth rate than any of our hyperscale cloud infrastructure competitors. Growth in the AI segment of our Infrastructure business was extraordinary—GPU consumption was up 336% in the quarter."

🌱Revenue & Growth

- Cloud Services & License Support: $10.8B, +12% YoY

- Cloud License & On-Premise: $1.2B, +1% YoY

- Hardware: $728M, -4% YoY

- Services: $1.3B, -3% YoY

- Americas Revenue: $8.9B, +11% YoY

- Europe/Middle East/Africa: $3.4B, +7% YoY

- Asia Pacific: $1.7B, +2% YoY

💰Profits & Financials

- Operating Income: $4.2B, +17% YoY

- Operating Margin: 30% vs 28% YoY

- Free Cash Flow: $9.5B (trailing 12 months)

- Cash and Cash Equivalents: $10.9B

- Total Debt: $88.6B

- Quarterly Dividend: $0.40 per share

📌Business Highlights

- Cloud Infrastructure Revenue grew 52% YoY

- GPU consumption increased 336% in Q2

- Signed agreement with Meta for AI Cloud Infrastructure

- Developing AI Agents based on Meta's Llama models

- Total Remaining Performance Obligations reached $97B, +49% YoY

🔮Future Outlook

- Total Oracle Cloud revenue expected to exceed $25B this fiscal year

- Focused on expanding AI infrastructure capabilities

- Continuing development of specialized AI models and agents

- Expanding partnerships for AI cloud infrastructure services