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Nov 30, 2021
Oracle Q2 2022 Earnings Report
Oracle's Q2 fiscal year 2022 financial results were announced, with total revenue up 6% to $10.4 billion and non-GAAP EPS up 14% to $1.21, beating guidance by $0.10.
Key Takeaways
Oracle announced its Q2 Fiscal Year 2022 financial results, revealing a 6% increase in total revenue, reaching $10.4 billion. The cloud sector, encompassing IaaS and SaaS, experienced a 22% growth, contributing $2.7 billion to the total revenue. Non-GAAP EPS increased by 14% to $1.21, surpassing expectations by $0.10.
Total revenue increased by 6% year-over-year to $10.4 billion.
Cloud services and license support revenues grew by 6% to $7.6 billion.
Cloud license and on-premise license revenues increased by 13% to $1.2 billion.
Non-GAAP earnings per share was up 14% to $1.21, beating guidance by $0.10.
Oracle
Oracle
Oracle Revenue by Segment
Oracle Revenue by Geographic Location
Revenue by Segment
Cloud & On-Prem License Revenue
CapyFin.comHardware Revenue
CapyFin.comServices Revenue
CapyFin.comRevenue by Geographic Location
Americas Revenue
CapyFin.comEMEA Revenue
CapyFin.comAsia Pacific Revenue
CapyFin.com Forward Guidance
Oracle's CEO, Safra Catz, anticipates continued growth in the infrastructure and applications cloud businesses, projecting them to approach $11 billion in annualized revenue. The company expects database market and technology leadership will be sustained by Oracle's Autonomous Database and new MySQL Database with HeatWave.
Positive Outlook
- Growth of infrastructure and applications cloud businesses.
- Oracle's Autonomous Database and new MySQL Database with HeatWave are the world’s two highest-performance databases.
- Oracle database on-premise customers are choosing our Autonomous Database as they move to the public cloud and our unique Cloud@Customer service.
- Amazon Aurora customers are discovering that moving to MySQL with HeatWave can increase their performance by more than ten-times—with a corresponding reduction in cost.
- The board of directors increased the authorization for share repurchases by $10 billion.
Challenges Ahead
- The COVID-19 pandemic has affected how we and our customers are operating our respective businesses, and the duration and extent to which this will impact our future results of operations remains uncertain.
- Our success depends upon our ability to develop new products and services, integrate acquired products and services and enhance our existing products and services.
- Our cloud strategy, including our Oracle Cloud Software-as-a-Service and Infrastructure-as-a-Service offerings, may adversely affect our revenues and profitability.
- We might experience significant coding, manufacturing or configuration errors in our cloud, license and hardware offerings.
- If our security measures for our products and services are compromised and as a result, our data, our customers' data or our IT systems are accessed improperly, made unavailable, or improperly modified, our products and services may be perceived as vulnerable, our brand and reputation could be damaged, the IT services we provide to our customers could be disrupted, and customers may stop using our products and services, any of which could reduce our revenue and earnings, increase our expenses and expose us to legal claims and regulatory actions.
Revenue & Expenses
Visualization of income flow from segment revenue to net income