Oracle Corporation Q3 FY2025 Earnings Call

· Earnings call transcript and AI-powered summary

Quarter Highlights

  • Oracle delivered its strongest booking quarter ever, adding USD 48 billion to backlog.
  • Remaining Performance Obligations (RPO) reached USD 130 billion, up from USD 97 billion last quarter and USD 80 billion a year ago (63 percent year-over-year growth). None of this includes any Project Stargate contracts.
  • Oracle surpassed 100 cloud regions globally, now totaling 101.
  • Power capacity under contract expected to double in calendar 2025 and triple by the end of fiscal 2026.

Revenue Performance (Year-over-Year)

  • Total quarterly revenue: USD 14.1 billion, up 8 percent.
  • Total cloud revenue (SaaS + IaaS): USD 6.2 billion, up 25 percent.
  • SaaS revenue: USD 3.6 billion, up 10 percent.
  • IaaS revenue: USD 2.7 billion, up 51 percent, following 49 percent growth in the prior year.
  • Infrastructure subscription revenue (including license support): USD 6.2 billion, up 18 percent.
  • OCI revenue: up 51 percent; excluding legacy hosting, up 54 percent.
  • OCI consumption revenue: up 57 percent.
  • AI GPU consumption revenue: nearly 3.5 times last year's level.
  • Cloud database services: USD 2.3 billion annualized, up 28 percent.
  • Autonomous Database consumption: up 42 percent, compared to 32 percent in the prior year.

Continue Reading

Unlock the full AI-powered summary with key highlights, financial performance, and analyst Q&A.

Upgrade to Professional
Operator: Ladies and gentlemen, thank you for standing by. My name is Abby I will be your conference operator today. At this time, I would like to welcome everyone to the Oracle Corporation Third Quarter Fiscal Year '25 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks there will be a question-and-answer session. [Operator Instructions] And I would now like to turn the conference over to Ken Bond, Head of Investor Relations. Mr. Bond, you may begin. Ken Bond: Thank you, Abby. Good afternoon, everyone, and welcome to Oracle's third quarter fiscal year 2025 earnings conference call. A copy of the press release and financial tables, which includes a GAAP to non-GAAP reconciliation and other supplemental financial information can be viewed and downloaded from our investor relations website. Additionally, a list of many customers who purchased Oracle Cloud Services or went live on Oracle Cloud recently will be available from our Investor Relations website. On the call today are Chairman and Chief Technology Officer, Larry Ellison; and Chief Executive Officer Safra Catz. As a reminder, today's discussion will include forward looking statements, including predictions, expectations, estimates or other information that might be considered forward looking. Throughout today's discussion, we will present some important factors relating to our business, which may potentially affect these forward-looking statements. Th

Continue Reading

Unlock the full earnings call transcript with speaker labels and formatted dialogue.

Upgrade to Professional