$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