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Aug 31, 2021
Oracle Q1 2022 Earnings Report
Announced fiscal year 2022 first quarter financial results.
Key Takeaways
Oracle's Q1 2022 results showed a 4% year-over-year revenue increase to $9.7 billion, with cloud services and license support revenues up 6% to $7.4 billion. GAAP EPS increased by 19% to $0.86, while non-GAAP EPS rose by 11% to $1.03. The company's IaaS and SaaS cloud revenue reached $2.5 billion, representing 25% of the total quarterly revenue.
GAAP EPS increased 19% to $0.86, and non-GAAP EPS increased 11% to $1.03.
Fusion ERP cloud revenue was up 32%, and NetSuite ERP cloud revenue was up 28%.
IaaS plus SaaS cloud revenue totaled $2.5 billion, accounting for 25% of quarterly revenue.
Total quarterly revenues were up 4% year-over-year, reaching $9.7 billion.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Oracle expects its cloud businesses, IaaS and SaaS, to continue growing and expanding overall profit margins, pushing earnings per share higher.
Positive Outlook
- IaaS and SaaS are Oracle’s fastest growing new businesses.
- IaaS and SaaS are Oracle’s highest margin new businesses.
- Oracle is delivering innovative infrastructure services.
- Oracle released the next generation of MySQL cloud service, which is faster, less expensive and easier to use than other cloud databases.
- MySQL HeatWave is available on other clouds in addition to the Oracle Cloud.
Challenges Ahead
- The COVID-19 pandemic has affected how Oracle and its customers are operating their respective businesses, and the duration and extent to which this will impact future results of operations remains uncertain.
- Oracle's success depends upon its ability to develop new products and services, integrate acquired products and services and enhance existing products and services.
- Oracle's cloud strategy may adversely affect revenues and profitability.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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